Investment FP&A Analytics Lead

Full-Time

New York, NY, Boston, MA or Springfield, MA

The Opportunity

As an Investment FP&A Analytics Lead, you will play a critical role at the center of the company’s financial planning and decision-making engine. As part of the broader FP&A function, you will help drive the core annual planning and forecasting process for MassMutual’s investment portfolio—translating strategy into financial projections, explaining actual results against plan, and informing management actions.

Investment FP&A serves as a key facilitator of the enterprise feedback loop: connecting strategy, forecast, actual performance, and decision-making. In this role, you will own the investment insight within that loop—ensuring investment performance and outlook are clearly understood and appropriately reflected in planning, forecasting, and strategic discussions.

You will operate at the intersection of FP&A, Finance, Investment Management, and the Business , owning the point of view and enterprise-level recommendations – not acting as a pass-through of analysis. Beyond core planning, you will synthesize insights across investments, ALM and product P&L to identify opportunities, frame trade-offs and present decision-ready guidance to inform decisions.

You will have a high degree of ownership and visibility, with opportunities to influence strategy and grow into a broader advisory role for ELT and the senior business partners. As the team evolves, you will play a key role in building Investment FP&A into a trusted enterprise partner, while continuously deepening your leadership capability, judgment and business acumen.

The Team

You will be part of a growing Investment FP&A team focused on transforming how investment performance and strategy are understood across the enterprise. The team brings together expertise in financial planning, investment analysis, and insurance economics to deliver forward-looking insights rather than retrospective reporting.

The team plays a central role in the FP&A planning cycle, owning the investment forecast and serving as a key link between strategy, financial outcomes, and management actions.

We are a collaborative and intellectually curious group that values strong judgment, thoughtful challenge, and clear communication. The team partners closely with Investment Management, Corporate Finance, Treasury, and Business leaders to connect financial outcomes with strategic decisions.

As the team evolves, we are building a culture grounded in ownership, continuous learning, and a shared commitment to raising the bar on insight quality and business impact.

The Impact

Lead the integration of investment insight into the FP&A planning framework shaping forward looking forecasts that translate enterprise strategy into actionable financial plans and ensuring investment perspectives are embedded in key planning decisions
Drive performance transparency and executive action by delivering rigorous analysis of actual results vs plan – isolating key drivers, quantifying implications and surfacing actionable recommendations that inform management response
Shape the analytical agenda for planning cycles and strategic initiatives, prioritizing high-impact decision ready insight over volume and influencing how investment analytics are consumed and acted upon by senior leaders
Integrate enterprise perspectives and drive outcomes by proactively synthesizing cross-functional perspectives into a unified point of view, and owning the management takeaway and strategic recommendation that delivers enterprise-aligned decisions
Distill complex investment and financial dynamics into structured, executive-ready narratives framing driver-based insights around trade-offs, materiality and recommended actions that enable senior leaders to act with confidence and speed
Lead the analytics dimensions of Investment FP&A as part of the Finance Transformation, designing scalable, driver-based attribution frameworks that deliver consistent quarter-over-quarter insight while remaining flexible enough to integrate emerging analytical dimensions as the business and investment landscape evolves

The Minimum Qualifications

10+ years of experience in FP&A, Treasury, Investments, Strategy, or related analytical roles
Bachelor’s degree in Finance, Economics, Actuarial Science, or a related field
Solid understanding of insurance investment portfolios and their impact on STAT and GAAP financials
Demonstrated experience partnering across functions and influencing stakeholders in matrix organizational environments
Proven ability to communicate complex financial or investment concepts clearly and effectively to senior audiences

The Ideal Qualifications

Experience working in or closely with investment management, ALM, or insurance product Pricing areas
Understanding of enterprise financial planning, including capital management, dividend frameworks, or risk considerations
Demonstrated ability to frame problems and shape discussions in ambiguous, evolving environments
Track record of influencing stakeholders and contributing to decision-making beyond immediate scope
Experience developing others and contributing to team capability building

What You Can Expect at MassMutual

MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:

Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes

A collaborative environment where perspectives are welcomed

Access to learning, development, and internal networks that support continuous growth and skill-building over time

Employee-led communities and forums that foster connection, learning, and inclusion across the organization

A culture grounded in integrity, responsibility, and stewardship—supported by a company with a strong legacy and a future-focused mindset

#LI-LC1

Salary Range:

$163,900-$215,000

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

About the company

MassMutual Ascend provides annuities and related life insurance products through its MassMutual Ascend Life Insurance Company. Its annuities—made to be transparent and easier to understand—help people plan their financial future with clear expectations. The company issues products directly and offers registered index-linked annuities distributed by MM Ascend Life Investor Services, LLC, an affiliate. What sets MassMutual Ascend apart is its emphasis on clarity, client-focused service, and ongoing improvement beyond the status quo, backed by MassMutual’s claims-paying ability. Its goal is to help customers navigate their financial future with confidence by offering straightforward, reliable retirement and protection solutions through a network of affiliated issuers and distributors.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

1976

Get referred to MassMutual Ascend

See people who can refer or advise you

Simplify's Take

What believers are saying

August 2026 lifetime advisory annuity sales passed $2 billion, with $900 million since 2025.
January 2026 Income Ascender rider broadened fixed-indexed annuity shelf appeal.
LIMRA projected 2026 annuity sales above $450 billion, supporting continued demand for income products.

What critics are saying

Fee-only RIAs still resist annuities; complexity slows adoption and prolongs sales cycles.
LIMRA says H1 2026 fixed indexed annuity sales fell 5% year over year.
Nationwide, Jackson, and Athene can outspend Ascend, compressing pricing and distribution margins.

What makes MassMutual Ascend unique

2016 launch of the first advisory fixed-indexed annuity gave MassMutual Ascend a channel head start.
1,700 advisors across nearly 1,000 RIAs create a sticky distribution moat.
LIMRA ranked MassMutual Ascend top in advisory FIA sales for eight straight quarters.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Flexible Work Hours
Hybrid Work Options
Remote Work Options

Company News

InvestmentNews

Aug 13th, 2026

MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products.

MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products. Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone - but barriers remain among fee-only advisors. AUG 13, 2026 MassMutual Ascend, the wholly owned subsidiary of Mass Mutual wth a focus on the RIA channel, is celebrating a milestone in the growing adoption of advisory annuities. MassMutual Ascend has crossed $2 billion in lifetime advisory annuity sales, a threshold the insurer says reflects a broader shift in how registered investment advisors think about guaranteed income inside client portfolios. The Cincinnati-based insurer said the figure was built on relationships with more than 1,700 investment advisor representatives across nearly 1,000 RIAs that now write annuity business through the platform. What stands out in the numbers, the company said, is the pace of adoption in the past two years, with roughly $900 million of its advisory annuity sales coming through the door in 2025 and 2026. "Ten years ago, we entered this space with the belief that annuities would become an increasingly important part of advisors' retirement planning conversations," Joe Maringer, senior vice president and national sales manager at MassMutual Ascend, said in a statement. "This milestone is evidence of that momentum." MassMutual Ascend traces the milestone back to 2016, when it launched what it describes as the industry's first advisory fixed-indexed annuity - a product built specifically for advisors operating under a fee-based, rather than commission-based, model. Since then, the company has broadened its advisory lineup to include fixed, fixed-indexed and registered index-linked annuities, chasing a fiduciary channel that has historically been resistant to insurance products. MassMutual Ascend has also been ranked by LIMRA as the top provider in advisory fixed-indexed annuity sales for eight consecutive quarters, the company said. The case for annuities inside a fee-based practice rests on the fact that a dollar allocated to an annuity can be structured to generate more guaranteed lifetime income than a dollar in a comparable fixed-income allocation; that comes down mostly to how risk pooling happens across a large group of policyholders. Mammoth asset managers like BlackRock and State Street have taken notice over the past few years, placing annuities into the target-date products that end up on the menus made available to countless retirement plan participants. "When these asset managers are acknowledging that fact and bringing annuities in for income and in their own products, that has to speak to the individual advisors and firms who think they can do it themselves," David Lau, founder and CEO of DPL Financial, previously told InvestmentNews. Belle Bielawska, national key account manager at MassMutual Ascend, framed the trend as a shift in how advisors and clients view the category altogether. "As retirement challenges become more complex, we're seeing greater appreciation for the role modern annuities can play and the unique outcomes they're designed to deliver, like defined protection and contractual income, which can be difficult to replicate elsewhere," Bielawska said in a written statement. Despite the RIA channel's prospects as the next growth frontier for annuities, there are still real challenges holding them back. Aside from implementaton bottlenecks and the historical gap in fee-based options, the complexity of annuties has also kept a lid on how comfortable advisors can get recommending them. For fiduciary advisors, it may also be easier to justify other low-cost options when considering their clients' best interest. Matt Clifford, a former Pacific Life annuities strategy leader who now consults for insurance and annuity organizations, also sees a mismatch between how carriers design and roll out new annuity products, and how RIAs approach planning for clients. "Carriers frequently adjust product design and sales capacity to align with shifting economic conditions, capital markets, and internal risk or return objectives," Clifford said in a LinkedIn note. "Over the past two decades, this has driven notable shifts in product focus." In the wake of the 2008 financial crisis, he said low interest rates and rampant market volatility, along with more stringent capital reserve requirements for financial institutions, pushed carriers to pivot from variable annuities with guaranteed living benefits to more capital-efficient fixed products. "As interest rates rose sharply in 2022 and 2023, carriers leaned into multi-year guaranteed annuities (MYGAs) and fixed indexed annuities (FIAs), which offered competitive yields, strong consumer appeal, and more favorable spread economics," he said. "These shifts, while operationally sound, create downstream friction as advisors and wholesalers must reorient their positioning, retrain, and reshape client conversations." While firms operating in the brokerage model may be able to manage those frictions thanks to incentives such as commssions and marketing support, Clfford argued those buttons aren't available to RIAs, who "tend to take a longer-term, more stable view of portfolio construction and client strategy. "To close that gap, carriers should work to identify and deeply understand the core financial planning principles RIAs manage to, and build a set of stable, fitting solutions that align with those principles," he said. "Just as important, they must demonstrate a willingness to stand behind those solutions across changing macro and market environments."

MassMutual

Nov 27th, 2024

MassMutual completes acquisition of Great American Life Insurance Company

MassMutual announced today the completion of the acquisition of American Financial Group, Inc.'s wholly owned subsidiary, Great American Life Insurance Company.

MassMutual Ascend

Investment FP&A Analytics Lead

About the job