Director – Reinsurance Controllership Position Available In Suffolk, Massachusetts

0 Saved Jobs Director – Reinsurance Controllership
Boston, Massachusetts; Springfield, Massachusetts; New York, New York
Job Category Finance & Accounting

ID R18488 OVERVIEW

JOB

DESCRIPTION

HIRING PROCESS
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BENEFITS
Thank you to our employees for voting us one of the top places to work in Massachusetts for five consecutive years!
Overview
Finance and Accounting is at MassMutual’s core, and our team is ushering in an era of growth. We are looking for bold ideas, creative solutions, and comfort embracing change. We strive to build a diverse team and leverage different points of view to optimize processes and build strong relationships.
Our team is motivated by challenging work that delivers substantial impact in a culture of accountability and collaboration. We treat policyowners and customers fairly and prioritize financial stability. Being part of a mutual company means that our teams can think long-term, and employees can dive deep into the complex structure of products and the organization.
Our finance teams are experts in their field and thrive in fast-paced environments. They balance the needs of the business and invest in the long term, while always putting the customer first. They align their work with our live mutual philosophy and strive to always make the right choice for our policyowners. We are building a team that truly embodies ‘together we move forward.’
MJ Fortin
Chief Financial Officer
“At MassMutual, finance is the heartbeat of our company. Maintaining financial strength and stability and earning trust are key to how we operate. And as a mutual life insurance company, we don’t have shareholders. This means that our finance team can think long-term when choosing the best paths to fulfill our purpose: helping people to secure their futures and protect the ones they love. We’re looking for dedicated, skilled, creative finance professionals to join us in tackling complex challenges. Here, you’ll have the opportunity to grow your career in a place that values your ideas and invites you to challenge the status quo.”
Job Description
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 solving
Lead the quarterly analysis on trends and results
Lead 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 requirements
Exhibit 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 results
Assure adherence to an internal control framework that ensures accurate and timely financial reporting. Makes recommendations to continuously improve the overall control environment
Understand how data flows through the financial systems to the accounting function, planning appropriately for changes and prioritizing and implementing enhancements
Play 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 differences
Use 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 satisfaction
Demonstrate the technical and leadership competencies and passion for continuous improvements
The Minimum Qualifications
Bachelor’s degree in accounting, finance, or related field
CPA
10+ years of progressive experience in public accounting or large sophisticated corporate environment
The Ideal Qualifications
Experience in insurance or reinsurance accounting highly preferred
Proven ability to successfully handle competing priorities and multiple deliverables
In-depth knowledge and experience of US GAAP and statutory accounting
Experience in best-in-class control execution/documentation
Experience in using accounting data and information to analyze and articulate financial results
Ability to perform independent research and serve as a key resource for resolution of unique or complex business problems
Experience 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 Strategic Expense Management team
Focused one-on-one meetings with your manager
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits
#LI-CR37
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
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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