*This position can be remote or have a hybrid working environment (part-time in the office/part-time remote) within the New England Region - ME, VT, NH, MA, CT and RI.

The Opportunity

This position is a key role in the Reinsurance Administration and Accounting team responsible for reinsurance administration processing oversight, reinsurer relationships, treaty implementation, audits and quality reviews, complex issue research, and special projects. The position will work closely with other teams across the Company.

This position requires experience in the life reinsurance industry, strong attention to detail and logical thinking and problem solving skills, familiarity with insurance company operations and practices, and experience with treaty or contract interpretation. The ideal candidate has strong business acumen and technical skills, ideally with familiarity with a variety of insurance products, their features and the related transactional impacts. You’ll use your skills to help us meet our ongoing reinsurance reporting requirements, maintain strong relationships with our business partners, lead special projects, and research complex issues. The candidate will be proactive and demonstrate a passion for continuous improvement. You’ll be expected to be a vocal team member with excellent communication skills to articulate the reasoning and supporting facts for your recommendations and conclusions.

The Team

This position resides within the Controllers Organization of Corporate Finance which seeks to be best in class financial stewards for MassMutual. This is an opportunity for a highly-engaged individual seeking a dynamic and agile team environment to collaborate across groups seeking strong execution and improving outcomes. This is an opportunity for an experienced reinsurance professional focused on the administration of our large life reinsurance block, successful implementation of new products and treaties, leading our reinsurance audits, and efficiently executing on the Company’s reinsurance strategy.

The Impact

Provide transactional oversight and quality assurance of reinsurance administration activities, developing expertise in policy-level transactions and the appropriate impact to reinsurance
Drive productive interactions related to new product design, new releases, projects, and company strategic goals and lead the effective implementation and administration of reinsurance programs to support them
Understand how data flows through the policy admin systems to the reinsurance area, planning appropriately for changes and prioritizing and implementing enhancements
Maintain internal controls and consistently improve upon a strong control environment within the reinsurance administration activities
Collaborate and partner with other MassMutual business units and corporate functions to ensure the accurate, timely and efficient submission of data and analysis required to reinsurers and to meet reporting requirements
Contribute to our successful transition to new technology solutions to automate and improve our processes
Identify and implement process improvements that increase the business value and efficiency of the team
Assist in the oversight and partner with sourced resources to ensure high quality and timelines

The Minimum Qualifications

BS in accounting, finance, statistics, mathematics, or related field; OR significant and relevant work experience may be considered in lieu of a college degree requirement
5 years of experience working in life reinsurance
7 years of experience working in a large insurance organization
Proficient with MS Excel and Office suite of products
Experience using data to explore issues, quantify results, and present conclusions
Continuous improvement mindset
Ability to build and maintain strong working relationships across cross-functional groups
Competencies – accountability, agility, business acumen, communication, courage, development, inclusion, leading others, resilience and self-awareness

The Ideal Qualifications

Experience with TAI’s Life Reinsurance platform, especially TAI.Net
Ability to support reinsurance processes end-to-end, including treaty interpretation, data quality, transactional oversight, client reporting, analysis of results, and customer support for the reinsurers
Skill improving business processes, including analysis of risks and impacts
Ability to proactively partner across the organization on cross-functional projects or to resolve issues
Experience in SQL or another database language, or familiarity with DB tools such as Alteryx and Tableau
Experience with SAP, or other financial ledger systems
Ability to proactively take ownership of projects and drive them through to completion
Experience working in a Finance transformational setting
Ability to perform independent research and prepare analyses
Experience with best-in-class control execution/documentation

About MassMutual

We’ve been around since 1851. During our history, we’ve helped millions of people find financial freedom, offer financial protection, and plan for the future.

Today, we continue to develop meaningful relationships with our customers by building their trust, being knowledge problem solvers and always prioritizing their needs. MassMutual is guided by a single purpose: 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.

MassMutual was recognized as an Ethisphere 2021 World’s Most Ethical Company, a Fortune 2021 World’s Most Admired Company and a Top Place to Work in 2020 according to The Boston Globe. MassMutual was also named among America’s Best Employers for Diversity according to Forbes 2020. MassMutual ranks No. 84 on the Fortune 500 list of largest companies.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

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Alex Mark

Director of Migration Technology

SYNERGISTIC INNOVATION

Making finance fun, agile and innovative

To Alex Mark, ‘synergy’ isn’t a buzzword. It’s what he works to optimize as MassMutual’s director of migration technology. Whether it’s sunsetting a legacy company platform or transitioning from another organization’s tech stack through a merger or acquisition, he aims to make these shifts as synergistic as possible. Mark, who has a background in both tech and finance, said, “What makes MassMutual different in fintech is that it gives you a place to innovate.” He added, “Our agile mindset allows us to quickly pivot in the industry. The way we look at finance is fun, agile and innovative.”

The culture here is great, especially if you’re a dev or into tech — there are tons of growth resources available to you. MassMutual does a great job of serving customers while also encouraging employees to think outside the box and innovate.

Asieh Ahani

Head of Data Analytics

Personal Growth

Observing trends and solving problems

Asieh Ahani leads the data analytics team at MassMutual. Her team is constantly observing the latest industry trends so they can solve problems at scale and track the impact on the organization. Her team, she said, “is empowered to harness technology to drive data-driven decision-making.” When it comes to what sets MassMutual apart, Ahani said her team and the company overall value iterative progress for self-improvement on professional growth, wellness and work-life balance.

I joined MassMutual because the type of projects my team was working on were very interesting and aligned with my interests and expertise in leveraging data science. I stayed because I had a great career path here.

Kymberly Terry

Digital Team Lead

Diversity, Equity & Inclusion

Supporting colleagues and celebrating wins

As a digital team lead at MassMutual, Kymberly Terry knows the value of creating strong cross-functional connections in a product team. One of the best experiences with that she had, she said, was the rotating DEI discussion groups that were intentionally made up of people from different teams and weren’t led by managers. “A scrum expert could be having a conversation with a product manager from a different team. It was another way to support your colleagues and celebrate their wins and to know where they might be having challenges,” she said. “It was also a catalyst for equity.”

One of the things that I appreciate the most about being a part of my team is really the inclusive culture. It's ingrained in every aspect of not only the work that we do, but also the way we interact with each other.

What are MassMutual Perks + Benefits

MassMutual Benefits Overview

At MassMutual, employees have the opportunity to earn a competitive salary and bonus, enroll in an
array of benefits, and participate in programs and services that support healthy lifestyles, assist them
in building financial security for themselves and their families and help them live well-balanced lives.

Culture

Volunteer in local community

Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift, Matching Time and Volunteer Time Off Programs.

Partners with nonprofits

Every year, MassMutual and the MassMutual Foundation invest more than $20 million focused on advancing economic opportunity. https://www.massmutual.com/about-us/corporate-responsibility/foundation

Open door policy

OKR operational model

Team based strategic planning

Open office floor plan

Employee resource groups

Employee-led culture committees

Hybrid work model

In-person all-hands meetings

Employees can either attend the in-person all-hands meeting, watch live via Zoom, or watch the recording. All employees are invited to submit questions.

Employee awards

Flexible work schedule

Flexible work arrangements, including telecommuting, are available in many departments across the company.

Remote work program

In addition to two remote days per week, MassMutual offers employees four full remote weeks of their choice per year.

Diversity

Documented equal pay policy

Dedicated diversity and inclusion staff

Highly diverse management team

More than half of our Board of Directors are comprised of women and people of color, making it one of the most diverse groups in the industry.

Mandated unconscious bias training

Diversity manifesto

Diversity employee resource groups

Hiring practices that promote diversity

Diversity recruitment program

Health Insurance & Wellness Benefits

Flexible Spending Account (FSA)

A health care flexible spending account (FSA) allows employees to save money on a before-tax basis for eligible medical, dental and vision expenses, subject to IRS limits.

Disability insurance

For details on short term and long term disability insurance please visit https://www.massmutual.com/-/media/files/employee_benefits.pdf

Dental insurance

Basic Dental covers preventive and basic restorative care; Major Dental covers all that Basic covers, plus restorations and orthodontia (limits apply).

Vision insurance

Health insurance

To learn more about our Health and Welfare Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

Life insurance

For more information about our Life Insurance Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

Pet insurance

Wellness programs

Team workouts

Mental health benefits

Transgender health care benefits

Wellness days

Abortion travel benefits

Our general medical travel benefit covers abortion-related travel.

Financial & Retirement

401(K)

In addition to our 401(k), MassMutual a cash balance plan that provides an account-based pension benefit based on accruals of pay credits and interest credits.

401(K) matching

Performance bonus

Charitable contribution matching

Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift and Matching Time Programs.

Pay transparency

Child Care & Parental Leave Benefits

Childcare benefits

Dependent care flexible spending account to allow you to set aside before tax dollars to pay for certain eligible child care expenses.

Generous parental leave

Leave for birth mothers of 18 weeks of fully paid leave. Non-birth mothers, fathers and adoptive parents eight weeks of fully paid parental leave.

Family medical leave

Caregiver leave: Up to two weeks paid leave to care for a loved one. Bereavement Leave: 15 days of paid time off to grieve the loss of a loved one with the employee defining who the loved one is.

Adoption Assistance

Company sponsored family events

MassMutual offers many opportunities for family events, from group volunteer experiences and chances to attend Red Sox games to business resource group-sponsored outings like annual pride parades.

Fertility benefits

Vacation & Time Off Benefits

Generous PTO

Paid holidays: 9 fixed and 1 floating. Vacation: starts at 19 vacation and personal days per calendar year, with increases at 5-year service intervals.

Paid volunteer time

Three days of paid time off is available to employees annually to give back to their communities, by sharing their time and talent with a cause close to their heart.

Paid holidays

Paid sick days

Occasional illness: up to 5 days per calendar year.

Flexible time off

Floating holidays

Bereavement leave benefits

Hardship benefits

320 hours of caregiver leave to take of loved ones when it matters most.

Office Perks

Commuter benefits

Free daily meals

Free snacks and drinks

Some meals provided

Onsite office parking

Recreational clubs

Relocation assistance

Fitness stipend

Home-office stipend for remote employees

MassMutual's wellness wallet is a stipend available to all employees, and can be used for myriad wellness-related purchases, including home-office purchases.

Meditation space

Mother's room

Onsite gym

Professional Development Benefits

Job training & conferences

Tuition reimbursement

Lunch and learns

Promote from within

Mentorship program

Continuing education stipend

Continuing education available during work hours

Online course subscriptions available