Director - Reinsurance Controllership

Controllers Organization of Corporate Finance

Full-Time

Boston, MA, Springfield, MA or New York, NY

About the Corporate Controller Organization:

The Controllers Organization is responsible for delivering on the foundation of credibility and control of the core financial information leveraged across Finance to communicate with leadership, key business partners and regulators on the enterprise’s actual results, forecast implications and strategic decision making.  This work considers legal entity structures, distribution channel, and product results as well as how these impact our capital optimization and operating liquidity.

The Opportunity

The Director of Reinsurance Controllership will lead a team responsible for quarterly reinsurance accounting, settlements, cash processing oversight and business analysis with a focus on STAT and GAAP basis for reinsurance transactions. Additional responsibilities will include collaborating with business partners on strategic reinsurance transactions and initiatives, analysis and reporting of quarterly financial reinsurance impacts, regulatory filings for MassMutual, and related internal control activities.

The Team

The Reinsurance Controllership team is a high-profile team in the Controller’s organization comprised of talented accounting professionals who possess diverse ranges of experiences and backgrounds.  Our team has a high business acumen and is driven to provide timely and accurate financial information to our customers. We pride ourselves on working with agility and being a reliable source of information in the organization. We strive to continuously improve and achieve results by actively listening, seeking, understanding and creating solutions as a unified team. The team continues to grow due to the growing number of new business initiatives and projects that we are part of.

The Impact

Manage and lead a team of professionals responsible for the accurate and timely completion of quarterly reinsurance accounting close and settlement cycles by effectively planning, monitoring, and problem solvingLead the quarterly analysis on trends and resultsLead transactional work to launch reinsurance treaties Add value to the enterprise through close collaboration and partnership with other MassMutual business units and corporate functions to ensure the accurate, timely and efficient submission of data and analysis required to meet reporting requirementsExhibit strong leadership presence and communications skills in presenting results to various levels of management. This will require thought leadership and entail developing sound accounting practices, efficient processes, and robust control documentation to effectively deliver timely and insightful resultsAssure adherence to an internal control framework that ensures accurate and timely financial reporting. Makes recommendations to continuously improve the overall control environmentUnderstand how data flows through the financial systems to the accounting function, planning appropriately for changes and prioritizing and implementing enhancementsPlay a key role in creating a collaborative and inclusive culture by working closely with other areas within the Controllers Organization to build trust through increasing understanding of and respecting differencesUse professional insight to identify, initiate and/or lead initiatives and continuous improvement activities that increase efficiency and add value. Leads problem solving to improve quality, reduce close cycle times, improve team collaboration, including collaboration with vendors, and improve customer satisfactionDemonstrate the technical and leadership competencies and passion for continuous improvements

The Minimum Qualifications

Bachelor’s degree in accounting, finance, or related fieldCPA10+ years of progressive experience in public accounting or large sophisticated corporate environment

The Ideal Qualifications

Experience in insurance or reinsurance accounting highly preferredProven ability to successfully handle competing priorities and multiple deliverablesIn-depth knowledge and experience of US GAAP and statutory accountingExperience in best-in-class control execution/documentationExperience in using accounting data and information to analyze and articulate financial resultsAbility to perform independent research and serve as a key resource for resolution of unique or complex business problemsExperience in effectively coach and develop core level accountants and external consultants

What to Expect as Part of MassMutual and the Team

Regular meetings with the Reinsurance Controllership teamFocused one-on-one meetings with your managerNetworking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource GroupsAccess to learning content on Degreed and other informational platformsYour ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

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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.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. EEO Statement (Opens in new window)

MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.

Salary Range: $121,800.00-$159,800.00