Mutual Opportunities
Strategic Expense Management - Enterprise Risk and Technology Business Partner
New York, New York; Boston, Massachusetts; Springfield, Massachusetts
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.’
“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
Strategic Expense Management Business Partner, Enterprise Technology & Experience (ETX)
Corporate Finance Organization
Full-Time
New York, NY, Boston, MA or Springfield, MA
The Opportunity
We are seeking a highly seasoned professional with specialized skills/knowledge, who is recognized across the organization for their expertise. The successful incumbent has demonstrated potential to take on expanded responsibilities; influences and makes decisions with significant impact on the organization and/or company; influences the development of functional strategy; establishes medium to long term work plans for the function and contributes to the development of financial and resource planning needed to achieve department business objectives. The Strategic Expense Management Business Partner has an established track record of success for driving and accomplishing critical business objectives.
The Team
In this role, you will join our Strategic Expense Management team supporting our Enterprise Technology & Experience business area (ETX). The Strategic Expense Management team is a collaborative team whose members demonstrate accountability, agility, a dedication to be inclusive, strong business acumen, and show courage, even in the most difficult situations. Effective communication skills are key to successful relationship-building and the ability to articulate the reasoning and bases for recommendations and conclusions are imperative. Our team demonstrates an inquisitive approach, asking probing questions to identify issues with specificity.
The Impact
As a Strategic Expense Management Business Partner, your work will impact strategic decisions made by your business partners; enabling better strategic decisions utilizing the financial data and tools. You will accomplish that through the responsibilities listed below:
Financial Planning & Forecasting:
- Lead the development of annual budgets, long-term financial plans, and periodic forecasts.
- Provide financial modeling and scenario analysis to guide business decisions and develop business cases.
Business & Performance Analysis:
- Analyze financial and operational performance to identify trends, risks, and opportunities.
- Develop and track key performance indicators (KPIs) to drive business efficiency.
- Assist in preparation of monthly, quarterly, and annual financial reports for senior leadership.
Strategic Decision Support:
- Partner with business partners to provide financial insights that support growth and profitability.
- Evaluate investment opportunities, cost-saving initiatives, and strategic projects.
- Participate in financial due diligence for M&A and other strategic initiatives.
Process Improvement & Financial Systems:
- Enhance financial reporting processes and drive automation initiatives.
- Implement best practices for budgeting, forecasting, and financial analysis.
Leadership & Stakeholder Management:
- Lead and mentor a financial analyst.
- Collaborate with Finance colleagues and Business partners.
- Present financial insights and recommendations to Strategic Expense Management Head of ETX & GBS.
The Minimum Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or related field
- 5+ years in FP&A, Technology Finance, or related roles, with at least 3+ years in a position supporting senior leadership
The Ideal Qualifications
- MBA or CPA preferred
- Strong Technology Finance background highly preferred
- Expertise in financial modeling, forecasting, and variance analysis.
- Strong proficiency in Excel, financial planning software (e.g., Anaplan, Adaptive Insights), and ERP systems (e.g., SAP).
- Knowledge of business intelligence tools (e.g., Power BI, Tableau, MicroStrategy) is a plus.
- Knowledge of Apptio Technology Business Management tool is a plus.
- Strong analytical and strategic thinking.
- Excellent communication and presentation skills. MBA or CPA preferred
- Ability to influence and partner with senior leadership.
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-MM1
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.
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: $113,100.00-$148,400.00
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.
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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