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Business Operations Consultant

MassMutual

Springfield, MAFull-time$88–116K/yrPosted 2w agoStill listed 1 day ago

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At a glance

Compensation
$88–116K/yr
Location
Springfield, MA
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

The Business Operations Consultant supports the administration and servicing of Funding Agreement products and related financial transactions. The role combines daily operational work with reporting, controls, process improvement, and system initiatives, partnering with teams across Finance, Treasury, Actuarial, Legal, Compliance, and Technology. The ideal candidate is analytical, detail-oriented, curious, and motivated to solve problems and improve processes.

Skills & qualifications

RequiredNice to have

Skills

Financial ServicesOperationsContract ManagementData AnalysisMicrosoft ExcelProcess ImprovementsCustomer ServiceSoftware Project ManagementAnalytical ThinkingAttention to DetailProblem SolvingFinancial Services OperationsPivotTablesExcel FormulasBond MathInterest Rate CalculationsManaging PrioritiesDeadline ManagementContract AdministrationInstitutional Financial ProductsContract InterpretationFinancial ReportingReconciliationsFinancial AnalysisOperational AnalysisSAPCMLSystem ImplementationsProcess ImprovementAutomationUser Acceptance TestingBusiness TransformationLearning New SystemsLearning New TechnologiesLearning New ProductsRoot Cause AnalysisOperational ControlsStakeholder PartnershipStakeholder InfluenceCross-Functional Communication

Qualifications

High School Diploma3+ Years Financial Services Operations3+ Years Data Analysis2+ Years Microsoft Excel3+ Years Managing PrioritiesBachelor's Degree

Full job description

The Opportunity:

As a Business Operations Consultant on the Funding Agreements team, you will support a growing business that sits at the intersection of finance, operations, technology, and customer service. In this role, you will help administer and service Funding Agreement contracts, support financial transactions and operational processes, , and contribute to initiatives that improve efficiency, strengthen controls, mitigate risk, and drive business results.

This position offers broad exposure to financial products, contract administration, business operations, , customer service, and technology solutions while providing opportunities to partner with stakeholders across Finance, Treasury, Actuarial, Legal, Compliance, and Technology. You will balance detailed daily operational responsibilities with broader initiatives involving system enhancements, process improvement, automation, reporting, and controls.

The ideal candidate is analytical, detail-oriented, intellectually curious, and motivated to solve problems and improve processes. They are comfortable learning new products, contracts, systems, and business processes; working through ambiguity; taking ownership of complex issues; and moving between operational execution and strategic initiatives.

The Team:

The Funding Agreements team supports a growing and strategically important business within MassMutual. We are responsible for the administration, servicing, and operational support of Funding Agreement products while partnering across the organization to ensure operational excellence, strong controls, accurate and timely execution, and exceptional customer service.

Our team values collaboration, continuous improvement, innovation, accountability, and intellectual curiosity. Team members are expected to develop strong product, contract, system, and process knowledge; identify opportunities to improve how work is performed; and build trusted relationships across Finance, Treasury, Actuarial, Legal, Compliance, Technology, and external partners.

The Impact:

As a Business Operations Consultant, you will support the administration and servicing of Funding Agreement products while helping drive operational excellence and efficiencies. You will partner across Finance, Treasury, Actuarial, Legal, Compliance, and Technology to support critical business processes, improve operations, and deliver solutions that drive business results.

Key responsibilities include, but are not limited to:

  • Support the administration and servicing of Funding Agreement contracts and related financial transactions.
  • Apply contractual provisions, business rules, and operational processes to support customer and business needs.
  • Analyze operational and business data to support reporting, reconciliations, and controls.
  • Monitor and resolve operational inquiries while delivering exceptional service to internal and external stakeholders.
  • Collaborate with cross-functional partners including Finance, Treasury, Actuarial, Legal, Compliance, and Technology to support business objectives.
  • Participate in system enhancements, user acceptance testing (UAT), requirements gathering, operational projects, and process improvement initiatives.
  • Develop and maintain reports, metrics, and dashboards to support business performance and operational effectiveness.
  • Identify opportunities to improve processes, strengthen controls, mitigate risk, and enhance the customer experience.
  • Support strategic initiatives and special projects that contribute to the growth and success of the Funding Agreements business.

The Minimum Qualifications:

  • High School Diploma
  • 3+ years of experience in financial services operations
  • 3+ years of analyzing information, solving problems, and making recommendations based on data or business requirements
  • 2+ years’ experience using Microsoft Excel to create and analyze PivotTables, apply formulas, and perform calculations involving bond math and interest rates
  • 3+ years demonstrated experience managing multiple priorities and working effectively in a deadline driven environment

The Ideal Qualifications:

  • Bachelor's degree.
  • Experience in financial services, operations, contract administration, or institutional financial products.
  • Experience in interpreting and applying contractual, financial, or business requirements.
  • Experience performing reporting, reconciliations, financial analysis, or operational analysis.
  • Experience using business systems, workflow applications, analytics tools, or financial administration platforms such as SAP or CML.
  • Experience supporting system implementations, process improvements, automation initiatives, user acceptance testing (UAT), or business transformation efforts.
  • Demonstrated ability to learn new systems, technologies, products, and business processes quickly while working independently in a fast-paced environment.
  • Strong analytical, problem-solving, and attention-to-detail skills with the ability to identify root causes, recommend solutions, and strengthen operational controls.
  • Demonstrated ability to build effective partnerships, influence stakeholders, and communicate effectively across business and technical teams.

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-JLH3

Salary Range: $88,300-$115,900

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.

How this job compares

Set against the 2,177 open Business Operations jobs on Olive Jobs, counted November 4, 2026.

Pay
  • This posting$88–116K/yr
  • Massachusetts median$115–187K/yr45 salary ranges
  • US median$134–200K/yr1,516 salary ranges

This range's midpoint, $102K, is 32% below the Massachusetts median midpoint ($149K) — in the lowest quarter of Business Operations salary ranges in Massachusetts.

Openings
Olive Jobs lists 54 open Business Operations jobs in Massachusetts and 2,177 across the US. 8% of them nationwide are listed as remote or flexible.
Hiring the most in Massachusetts
Experience
This posting asks for at least 3 years of experience — less than three in four Business Operations postings that state a minimum ask for (median 6 years, across 1,742 postings).
Education
This posting asks for a high school diploma; 551 of the 2,177 open Business Operations jobs (25%) ask for a high school diploma or higher.

Counted across the open, public US postings on Olive Jobs on November 4, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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