Director of Insurance Accounting

Posted Yesterday
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Boston, MA, USA
Hybrid
122K-160K Annually
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
We help people secure their future and protect the ones they love.
The Role
Lead insurance accounting and controllership for Institutional Solutions, overseeing month-end close, financial reporting, internal controls, outsourced partners, accounting policy implementation, and cross-functional partnerships. Provide analysis, present results to senior leadership, drive process improvements, and support new product readiness and GAAP/statutory guidance adoption.
Summary Generated by Built In
Director, Insurance Accounting
Insurance Controllership | Corporate Finance
Full-Time/Springfield, MA or Boston, MA
The Opportunity
As a Director within the Controllers Organization, you will play a key role in helping MassMutual continue its journey toward becoming a best-in-class finance organization. We are looking for a collaborative and forward-thinking accounting leader who brings curiosity, initiative, and a passion for continuous improvement.
In this role, you will lead insurance accounting and controllership activities, providing meaningful financial insights, strengthening controls, and driving process improvements. You'll work alongside talented professionals across Finance, Investments, Reinsurance, Treasury, and Actuarial teams to deliver accurate financial reporting and support strategic business decisions.
The Team
The Insurance Controllership team is a highly visible group within Corporate Finance, comprised of talented professionals with diverse backgrounds and experiences. The team is responsible for monthly and quarterly financial close activities, general ledger oversight, management reporting, financial statements, and regulatory filings.
We partner closely with business stakeholders to support new product launches, provide insight into financial results, and drive continuous process improvements. Our team is committed to delivering timely, accurate, and reliable financial information while fostering a collaborative, inclusive, and results-oriented culture.
The Impact
As Director, you will lead the Institutional Solutions Controllership team, overseeing insurance accounting, analysis, and financial reporting for MassMutual's insurance products. You will identify reporting risks and opportunities, provide strategic financial guidance, and help ensure strong governance and operational excellence across the accounting function.
Key responsibilities include:
  • Lead and develop a team of accounting professionals while overseeing work performed by outsourced partners and fostering a collaborative, inclusive culture.
  • Ensure the accurate and timely completion of monthly, quarterly, and annual close processes for complex insurance accounting activities.
  • Analyze financial results, identify key trends and drivers, and communicate insights clearly to leadership and business partners.
  • Build strong partnerships with Treasury, Investment Accounting, Reinsurance Accounting, Reporting, Strategic Business Partners, and Corporate Actuarial teams to support business and reporting objectives.
  • Present financial results and recommendations to senior leadership with confidence and clarity.
  • Develop, document, and maintain a strong internal control framework, ensuring compliance with policies, procedures, and regulatory requirements.
  • Monitor and oversee insurance accounting activities, including those performed by external service providers, to ensure effective control execution.
  • Lead accounting research, policy implementation, and operational readiness for new Institutional Solutions products and insurance-related transactions.
  • Partner with Accounting Policy and other teams to assess and implement new GAAP and statutory accounting guidance.
  • Champion operational excellence, continuous improvement, and best practices across the controllership function.

This role offers the opportunity to make a significant impact in a dynamic environment while partnering across the organization to enhance reporting quality, strengthen controls, and improve business outcomes.
Minimum Qualifications
  • Bachelor's degree
  • 8+ years of progressive accounting experience within public accounting and/or a large, complex corporate environment.
  • 3+ years of insurance accounting experience, including general ledger processing and month-end close activities.
  • 3+ years of experience applying U.S. GAAP and statutory accounting principles.
  • 3+ years of experience analyzing accounting data, interpreting financial results, and communicating insights to stakeholders.
  • 2+ years of experience coaching and/or developing accountants and external consultants, either as a direct manager of people or as a project/team lead

The Ideal Qualifications
  • CPA, Master's degree, MBA, or equivalent
  • NAIC statutory accounting experience
  • Experience with Institutional solutions including, Pension Risk Transfer (PRT), Institutional Insurance and Funding Agreements
  • Experience designing, executing, and documenting internal controls, including identifying and remediating control issues.
  • Strong multitasking skills with the ability to adapt to change and manage competing priorities
  • Ability to lead complex, long-term projects, take ownership, and drive them to successful completion
  • Ability to perform independent research and serve as a key resource for resolving unique or complex business issues
  • Experience driving finance transformation initiatives, continuous improvement, and operational efficiencies
  • Excellent verbal and written communication skills, with the ability to present ideas clearly and persuasively to leadership, staff, and regulatory bodies
  • Intellectual curiosity and a commitment to continuous learning and professional development

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-CR37
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.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
Salary Range: $121,800-$159,800

Skills Required

  • Bachelor's degree
  • 8+ years progressive accounting experience in public accounting and/or large, complex corporate environment
  • 3+ years insurance accounting experience including general ledger processing and month-end close
  • 3+ years applying U.S. GAAP and statutory accounting principles
  • 3+ years analyzing accounting data, interpreting financial results, and communicating insights to stakeholders
  • 2+ years coaching and/or developing accountants and external consultants (manager or project lead)
  • CPA, Master's degree, MBA, or equivalent
  • NAIC statutory accounting experience
  • Experience with Institutional Solutions (Pension Risk Transfer, Institutional Insurance, Funding Agreements)
  • Experience designing, executing, and documenting internal controls and remediating control issues
  • Experience leading complex, long-term projects and driving finance transformation initiatives
  • Strong verbal and written communication skills, able to present to leadership and regulators
  • Demonstrated intellectual curiosity and commitment to continuous learning

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The Company
HQ: Springfield, MA
6,000 Employees
Year Founded: 1851

What We Do

Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. This is why we want to inspire people to Live Mutual. We’re people helping people. Together, we’re stronger.

Why Work With Us

MassMutual has the financial security and stability of a 170+ year old company, with the culture and energy of a startup. We work every day with the customer front of mind to build the best digital experience in the industry.

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MassMutual Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We believe in capitalizing on the best of being together in our offices as well as personal flexibility. Our workplace philosophy puts office collaboration first, combined with flexibility to work remotely.

Typical time on-site: 3 days a week
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HQSpringfield, MA
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Boston, MA
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New York, NY
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