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

Strategic Insurance Accountant

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Strategic Insurance Accountant

Boston, MA

Controllers

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 prioritize their needs above all else. We Live Mutual.

Why we need you

We’re growing, and our clients deserve the best. The Corporate Finance Organization, as a trusted partner, has the mission of maximizing our potential to deliver policyowner value through financially based solutions and guidance.

We support our employees by providing resources, training, tools and a culture that values their contributions. We also provide many options to help employees find balance in their daily lives. We have been around for a very long time because we prioritize our customers, invest in our employees and make sure that we are at the forefront of industry innovation. Your work will help our customers secure their future and protect the ones they love- we all play our part.

Do you like to solve complex problems, while thriving in a collaborative work environment? Are you excited by creating optimal organizational effectiveness and supporting a platform for innovative insights? Would 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? If yes … keep reading, this opportunity is for you!

Objective

This role will be an individual contributor role in the Controllers Organization and will report directly to the Insurance Controller. This position will contribute to the team whose main focus will be on MassMutual’s insurance activities, business units and related legal entities.

Responsibilities

This person will support the functions of the Insurance Controller team as follows:

  • Provide sound financial advice to the insurance business units, anticipating the financial statement impact of changes in the business environment and making recommendations to ensure appropriate and beneficial accounting treatment.
  • Proactively identify financial reporting risks and opportunities within the insurance business unit’s activities and translate that into decision-useful improvement recommendations.
  • Use increasing insight to identify and implement improvements that increase the business value and efficiency of the work performed. Initiate and/or oversee increasingly complex projects and continuous improvement activities.
  • Understand how data flows through the financial systems to the accounting function, planning appropriately for changes, prioritizing, and implementing enhancements.
  • Work on projects with varying levels of complexity supporting the Controllers organization and/or the businesses.

In collaboration with the other teams in the Controllers Organization:

  • Communicate the financial reports and information to key stakeholders
  • Provide subject matter expertise guidance to stakeholders in working on highly complex accounting matters, including new standard implementation, capital management transactions and developing processes to address them, ensuring any issues are communicated appropriately to senior management.
  • Develop, document, and assure adherence to an internal control framework that ensures accurate and timely financial reporting. Make recommendations to continuously improve the overall control environment.

Basic Qualifications:

  • Bachelor's degree in Accounting or Finance
  • CPA or advanced degree in Accounting
  • ​Minimum of 5 years of accounting or finance experience
  • Experience in fast-paced, agile and flexible work environment
  • Must have broad financial acumen, as well as a strong control orientation
  • Must be eligible to work in the United States without sponsorship now or in the future

Preferred Qualifications:

  • Experience on a management reporting and analytical team
  • Effectively use data visualization, in summaries and/or dashboards, to enhance translation of data and findings in brief and intelligible format, suitable for internal and external audiences
  • Possessing, or the ability to develop, a working knowledge of life insurance actuarial concepts
  • Familiarity with life insurance concepts and topics
  • Oversight over and communication of the financial reporting and controls residing within the insurance business units and related legal entities
  • Preference for successful demonstration of skills pertaining to customer focus, change & innovation, strategic thinking, relationship building & influencing
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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
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
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
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
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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