Contract and Business Analyst

MassMutual • Boston, MA

1d

About The Position

The Reinsurance Development Team is seeking a motivated, detail-oriented Contract and Business Analyst to join a high-impact team at the center of MassMutual’s reinsurance strategy. This role offers broad exposure to contract management, business analysis, governance, and cross-functional initiatives across multiple product lines. You will help support reinsurance agreements, senior management reporting, compliance and audit requests, and business analysis while partnering with legal, actuarial, underwriting, product, risk management, reinsurance administration, and external reinsurers. This is an exciting opportunity for someone who enjoys variety, collaboration, and making a meaningful impact in a specialized area of the company.

Requirements

• Bachelor’s degree or in lieu a High School diploma with 7 years of related experience
• 5+ years in the life, health, or annuity insurance industry
• 5+ years research and analysis experience
• 3+ years of experience with Microsoft Office Suite, including Excel, Word, PowerPoint, and Outlook

Nice To Haves

• 2+ years of reinsurance experience
• 2 +years of contract drafting experience with strong written communication skills
• 1+ year experience with negotiating
• 1+ year of experience leveraging AI tools and technologies to support contract analysis, business analysis, process improvement, requirements gathering, and data-driven decision-making.
• Ability to perform analysis and convert results into practical business insights
• Paralegal, document management or qualifications is a plus

Responsibilities

• Support Reinsurance Development across business, operational, financial, and legal activities tied to agreements and related processes.
• Draft, review, and coordinate agreements, amendments, and related documents with Legal, your manager, and internal stakeholders.
• Coordinate communications with reinsurers, business partners, and stakeholders to support timely agreement execution.
• Conduct business analysis, including competitor research, counterparty diligence, trend monitoring, and senior management reporting.
• Support compliance, audit, risk, and cyber security requests by gathering inputs, tracking requirements, and preparing materials.
• Maintain templates, process documentation, trackers, and business-as-usual materials to support governance and efficiency.
• Assist with RFP processes by organizing information, coordinating communication, and documenting key decisions.
• Partner with reinsurance administration to communicate contract updates and operational changes.
• Track recurring contractual, governance, and reporting obligations to help ensure timely completion.

Benefits

• Competitive salaries
• Incentive and bonus opportunities
• Bonus target or Variable Incentive Compensation component
• Industry leading pay and benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree