MassMutual
We help people secure their future and protect the ones they love.
Hybrid

Strategic Finance Consultant

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Do you want to be part of a team that encourages your growth, supports your ambitions and makes it a priority for you to reach your goals? Is helping people part of who you are? At MassMutual, we help millions of people find financial freedom, offer financial protection and plan for the future. We do this by building trust with our customers by being knowledgeable problem solvers and prioritizing their needs above all else. We Live Mutual.

We’re looking to hire a Strategic Finance Consultant to join our Strategic Finance Business Partner team primarily supporting our ETX (Enterprise Technology Experience) group.

Why we need you.

We’re growing and our clients deserve the best. As a Strategic Finance Consultant, you’ll have an opportunity to contribute to helping our businesses grow and become more profitable. You will learn about our businesses’ corporate support activities, challenges and priorities and use that information to help drive decision-making. You will partner across Finance to understand the financials, leveraging data platforms to identify key information that will help tell the story. You will provide support to CFO customers on performance, opportunities for cost efficiencies, benchmarking comparisons, sales, profitability and results and considerations for decision-making. You will contribute to engagement for change, innovation and value creation.

In this role, as well as all roles within MassMutual, you will demonstrate accountability, agility, a dedication to be inclusive, strong business acumen, and will show courage, even in the most difficult situations. Effective communication skills will be key to successful relationship-building and articulating the reasoning and bases for your recommendations and conclusions. You will demonstrate an inquisitive approach, asking probing questions to identify issues with specificity.

What success looks like.

  • Contribute to initiatives to increase efficiency and add value, using benchmark information and other information and analyses.
  • Contribute to commentary explaining results for quarter-end closes and full-year forecasts. Ensure that forecasts appropriately reflect the risks inherent in significant strategic spend, including the level and timing of expected benefits.
  • Use understanding of ETX activities and expense structure to facilitate monthly review of spend versus plan and forecast, coordinating with the FP&A Expense Team, including monitoring the achievement of expected benefits.
  • Demonstrate agility by providing support to some of the corporate or business units as needed.
  • Exercise stewardship of spend to ensure that MassMutual obtains significant value. Coverpath is expected to significantly reduce underwriting and maintenance costs.
  • Key competencies for success include business acumen, agility, communication, accountability.

What your days and weeks will include.

  • Review initiative assumptions and cost-benefit analyses to contribute to decision making, including prioritization, in order to pursue the most beneficial initiatives and maximize benefits.
  • Analyze, develop and communicate the story behind the ETX results, drivers, standard ratios, unit costs, other metrics, etc.
  • Analyze expense trends and productivity, collaborating with peers, the FP&A Expense Team and CFO customers.
  • This work will include significant interaction with senior ETX personnel and substantial independent work on high-priority strategic initiatives.
  • Deepen knowledge of ETX functions, including: core technology infrastructure, digital experience, data science, Haven Life, underwriting and the Coverpath platform.
  • Build familiarity with business channels and of corporate units.
  • Use strong business acumen and communication skills to draft and contribute to commentary which enables readers to quickly understand how performance is impacting financial results.
  • Use communication and collaboration skills to support the implementation of the SFBP target operating model, including tailoring change management efforts to CFO customer needs.

The knowledge and skills needed for this role:

  • Bachelor’s degree or equivalent experience
  • Minimum of 5 years’ experience working in large, sophisticated corporate environment providing financial support on financial technology related matters.
  • Preferred experience working with and supporting several corporate units.
  • Experience using data and information to analyze and communicate (in writing, orally and visually) the implications of corporate unit activity, ideally leveraging business intelligence applications (Tableau, Microstrategy, etc.) and ERP tools (SAP, Hyperion, NetSuite, etc.).
  • Intellectual curiosity to continue learning and adding breadth and depth to understanding.
  • Ability to partner with and influence business leaders and peers in using financial information and tools to identify options and make decisions.
  • Must be authorized to work in the United States, without requiring sponsorship, both now and in the future.
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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
Customized development tracks
Paid industry certifications
Personal development training
Virtual coaching services

Additional Perks + Benefits

To learn more about our comprehensive benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

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