Reinsurance Accountant – Mastery (Hybrid) Controllers Organization of Corporate Finance
Full-Time
Boston, MA or Springfield, MA
*We are hiring for either our Boston, MA or Springfield, MA office locations in a Hybrid setting where you will be onsite approx. 2 days per week.*
The Opportunity
As a Reinsurance Accountant, you will have impact through your contribution to oversight of the reinsurance accounting execution and controls for monthly and quarter-end closes. You will also have the ability to lead various initiative work focusing on increasing efficiency and adding value, while continuing to develop your project management skills, hone your skills in reinsurance accounting and related financial impacts.
Overall responsibility for reinsurance accounting and reporting supporting financial statements, and regulatory filings for MassMutual; including related controls. Responsible for the accounting, settlements, cash processing oversight and business analysis with a focus on STAT and GAAP basis for reinsurance transactions. 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.
The Team
As a Reinsurance Accountant in the Controllers Organization of Corporate Finance you will join us as we continue our progress towards becoming the best in class financial stewards for MassMutual. This position is a key contributor on the team that manages and executes reinsurance accounting and analysis, including oversight of financial reporting outcomes of all MassMutual reinsurance treaties. This position resides within the Controllers Organization of Corporate Finance which aspires to be best in class financial stewards for MassMutual. This is an opportunity for an experienced accounting professional who thrives in a highly dynamic and agile environment to collaborate across teams seeking solid execution and improving outcomes.
The Reinsurance Accounting and 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. Overall responsibility for our team is month end and quarterly close and oversight of general ledger in order to support reinsurance impacts to financial statements and regulatory filings. 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 projects and initiatives that we are part of.
The Impact
Our ideal candidate has strong business acumen and technical skills. They are familiar with a variety of insurance products, their features, transactional activity, business process rules and reinsurance accounting practices. You’ll use your skills to help us perform the ongoing settlements and cash processing of these agreements, financial analysis and regulatory reporting, design and develop treaty implementation for complex agreements, build and monitor control processes, help us manage our dataflows, optimize processes, and support our overall objectives.
The Minimum Qualifications
The Ideal Qualifications
What to Expect as Part of MassMutual and the Team
About MassMutual
We’ve been around since 1851. During our history, we’ve helped millions of people find financial freedom, offer financial protection, and plan for the future.
Today, we continue to develop meaningful relationships with our customers by building their trust, being knowledge problem solvers and always prioritizing their needs. MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life.
MassMutual was recognized as an Ethisphere 2020 World’s Most Ethical Company, a Top Place to Work in 2020 according to The Boston Globe and named among America’s Best Employers for Diversity according to Forbes 2020.
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.
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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.
At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
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