Mutual Opportunities
Product Owner, Finance Technology
Boston, Massachusetts; Springfield, Massachusetts; New York, New York
Thank you to our employees for voting us one of the top places to work in Massachusetts for five consecutive years!
Overview
A career with us means you’ll work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are at the foundation of what enables MassMutual to deliver on our purpose to help people secure their futures and protect the ones they love.
We embrace the idea that we all are stronger and better through our support for one another. We strive to create a culture where employees feel valued and are celebrated for who they are.
“Since our founding in 1851, mutuality has put our policyowners at the center of everything we do. At our core, we’re a company of people helping people in their time of need, and that spirit extends to the culture we’ve built at our company. Our employees support and rely on each other each day, collaborating to deliver the best solutions for our customers and help millions more secure their future and protect the ones they love.”
Job Description
The Opportunity
Join our dynamic team as a Product Owner, where you'll play a pivotal role in driving the execution of our technology strategy. As a key collaborator, you will lead complex, high-impact programs across the organization. In this role, you will be responsible for overseeing cross-functional teams and managing multiple, large-scale initiatives from concept to completion. The ideal candidate will have a proven track record of driving successful program execution, ensuring alignment with organizational objectives, and delivering measurable business results. You will work closely with executive leadership, stakeholders, and project teams to ensure the timely and efficient delivery of key programs. If you're passionate about making a meaningful impact and thrive in a fast-paced, collaborative environment, we invite you to be part of our journey towards excellence.
The Team
You'll be an integral part of our esteemed Corporate Technology Team, focused on Finance Technology. Our team operates on a global scale, driving innovation and excellence across diverse areas of expertise. As a Senior Product Owner, you'll play a pivotal role in high impact Corporate Technology Finance Initiatives, ensuring alignment with organizational objectives and driving impactful outcomes. This is a high-visibility position, offering the opportunity to collaborate closely with our esteemed Corporate Technology leadership team. Our team thrives on collaboration, innovation, and a shared commitment to excellence. Together, we're shaping the future of technology within our organization and making a lasting impact on a global scale. Join us and be part of a dynamic team where your contributions will be valued and your potential unleashed.
The Impact:
Strategic Product Leadership
- Define and own the product vision and multi-year roadmap for finance systems across Actuarial, Financial Planning.
- Lead transformation initiatives for policy accounting, claims financial integration, investment ledger systems, and GAAP/STAT reporting platforms.
End-to-End Product Ownership
- Prioritize and manage the product backlog, ensuring traceable and compliant financial system requirements.
- Translate complex regulatory, actuarial, and financial needs into actionable features and technical stories.
- Own delivery of key product milestones related to Financial Modeling, ALM, Actuarial applications and Treasury functionality
Stakeholder Collaboration
- Partner with finance, actuarial, reinsurance, investments, IT, and compliance leaders to align product delivery with strategic business objectives.
- Lead cross-functional working groups with business SMEs and technology teams.
Execution Oversight & Delivery
- Guide Agile development teams through sprint planning, refinement, testing, and deployment cycles.
- Ensure high-quality documentation, audit-ability, and financial data integrity within and across systems e.g., GL, sub-ledgers, actuarial tools, data lakes.
Insurance Compliance and Data Governance
- Ensure products meet compliance mandates from regulators.
- Implement strong financial controls and data governance for downstream reporting, including support for actuarial models and investment reporting systems.
Continuous Innovation
- Champion modernization initiatives including cloud implementations, robotic process automation (RPA), smart reconciliation, and AI-enhanced forecasting tailored for insurance finance functions.
- Benchmark technology capabilities against industry peers and bring forward new ideas to enable scalability and compliance efficiency.
The Minimum Qualifications
- Bachelors degree
- 8+ years of product management experience, with at least 5 years focused on finance technology in the insurance sector.
- 2+ years of deep domain knowledge of insurance financial processes, including premium billing, claims reserving, actuarial feeds, investment accounting, and reinsurance settlements.
- 2+ years of experience with ERP platforms e.g., Oracle, SAP, Workday and insurance systems e.g., Guidewire, Duck Creek, FIS, Moody’s AXIS, or custom-built tools.
The Ideal Qualifications
- Masters Degree in Finance, Accounting, Information Systems, or Actuarial Science.
- Solid understanding of insurance regulatory frameworks e.g., GAAP, STAT and LDTI.
- Agile certification (e.g., CSPO) and proven track record leading high-performing Agile teams.
- CPA, CFA, or CPCU designation is a strong plus.
- Hands-on experience with finance data lakes, insurance data warehouses, and cloud-native financial platforms.
- Experience integrating financial systems with actuarial, policy administration, and claims platforms.
- Familiarity with reinsurance finance processes and tools e.g, TAI.
- Exceptional leadership, communication, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Ability to influence and motivate teams without direct authority.
- Excellent time management and organizational skills, with the ability to prioritize multiple initiatives.
#LI-SC1
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
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: $131,100.00-$172,000.00
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 88% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say they feel encouraged to bring forth new ideas - 86% of employee respondents say MassMutual cares about and supports the well-being of their employees
*Source: 2024 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. It’s more than our company structure — it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources and rely on each other when it counts.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
Kevin
Compliance Consultant
Seth
Service Management Consultant
Kymberly
Head of Experience Journey Mapping
where we work
Springfield Office
1295 State Street, Springfield, MA
Boston Office
10 Fan Pier Blvd, Boston, MA
New York Office
2 Park Ave,
New York, NY
Virtual
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