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MassMutual · 1 day ago

Director, Insurance Accounting

Springfield, MA

Full-time

Onsite

Senior Level, Lead/Staff

8+ years exp

MassMutual is seeking a Director in their Controllers Organization of Corporate Finance to enhance their financial stewardship. The role involves overseeing insurance accounting, managing a team, and ensuring accurate financial reporting while driving process improvements and collaboration across teams.

FinanceFinancial ServicesInsuranceLife InsuranceRetirement

H1B Sponsor Likely

Responsibilities

Manage a team of professionals and lead the collaboration and oversight of the effort supported by our outsource partner. Plays a key role in creating a collaborative and inclusive culture by working closely with outsourced vendors and other areas within the Controllers Organization to build trust through increasing understanding of and respecting differences

Ensures the accurate, timely completion of monthly, quarterly and annual accounting close cycles for complex insurance accounting by effectively planning, monitoring, and problem solving

Designs and improves the analysis on trends and results, drafting commentary which enables readers to quickly understand the financial results and drivers

Effectively collaborates with Treasury, Investment Accounting, Reinsurance Accounting, Strategic Business Partner, Reporting and Corporate Actuarial teams and builds key relationships to maintain expertise in insurance product accounting and related financial impacts. 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

Develops, documents, and assures adherence to an internal control framework, making recommendations to continuously improve the overall control environment. Monitors the control execution of insurance accounting, including accounting performed by vendors ensuring policies and procedures are adhered to

Lead the accounting policy research and implementation for new insurance products or insurance related transactions ensuring accuracy and compliance with accounting regulations. This includes the monitoring and governance, oversight, process change and transaction controls, including those executed by vendors that provide accounting services to the Company

Drives accountability by collaborating with accounting policy and other areas within the Controllers Organization on the evaluation of new GAAP and statutory accounting guidance impacts to the company

Demonstrates the technical and leadership competencies and passion for continuous improvement

Qualification

Insurance AccountingUS GAAPControl ExecutionFinancial AnalysisCPANAIC Statutory AccountingERP ToolsMulti-tasking SkillsIntellectual CuriosityLeadership SkillsCommunication Skills

Required

Bachelor's degree

8+ years of progressive experience in public accounting or large sophisticated corporate environment

3 + years of experience providing insurance accounting, general ledger processing and month end close related matters

3+ years of experience of In-depth knowledge and experience of US GAAP and statutory accounting

3+ years of experience in best-in-class control execution and documentation including identifying internal control issues and remediation efforts

3+ years of experience in using accounting data and information to analyze and articulate financial results

Preferred

CPA, Master or MBA or equivalent

NAIC statutory accounting

Strong multi-tasking skills, ability to adapt to change and manage competing priorities

Ability to handle complex long-term focused projects and take ownership to drive them through completion

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

Experience working in a Finance transformational setting; driving continuous improvements and efficiencies beyond own scope of responsibility

Experience working with insurance accounting and ERP tools (SAP, Cadency, Power BI, Alteryx etc.)

Excellent verbal and written communication skills with the ability to express ideas in and articulate in an organized and persuasive manner to leadership, staff, regulatory bodies, etc

Intellectual curiosity to continue learning and adding breadth and depth to understanding

Benefits

Regular meetings with the Insurance Controllership Team

Focused one-on-one meetings with your manager

Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, 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

Company

MassMutual

Glassdoor3.9

MassMutual is a mutual life insurance company that provides investment management and trust services.

Founded in 1851

Springfield, Massachusetts, USA

5001-10000 employees

https://www.massmutual.com/

H1B Sponsorship

MassMutual has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (96)

2024 (94)

2023 (66)

2022 (115)

2021 (121)

2020 (73)