Mutual Opportunities
Director, MMLIS Compensation
Springfield, Massachusetts
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
Must accommodate our HYBRID work model (3 days a week in our Springfield office)
The Opportunity
MMLIS is looking for a skilled leader and operational veteran who can continue to help drive consistency and efficiency. As the Director of MMLIS Compensation, you will oversee a team of approx. 10 associates who operate in both an operations and customer service function while supporting the overall BD Compensation Strategy. You will be accountable for all aspects of attracting, retaining and coaching talent, while maintaining a positive and inclusive culture, and ensuring daily operational supervision and employee development. In addition, you will demonstrate strong relationship management skills with advisors, agency leadership as well as internal and external business partners to ensure two-way feedback, ease of doing business and communication. You will also have the opportunity to work closely with a number of teams throughout MMLIS and across MMFA.
The Team
The MMLIS Compensation team is a hybrid group made up of Operational staff handling the day to day commission processing as well as a customer service group responding to incoming emails from both the field as well as internal business partners. Our mission is to ensure timely and accurate payout of compensation to our advisors. The uniqueness of the MMLIS Compensation team is that most initiatives across the B/D impact compensation which creates lots of projects and opportunities for change management. It also requires our team to be agile and resilient and to maintain a high business acumen within the B/D.
The Impact:
- Oversee the processing and research of compensation and compensation related inquiries to ensure timely and accurate payout
- Lead and develop professional team members to be autonomous, accountable, and knowledgeable in order to provide the right sense of urgency and attention to detail in their work
- Utilize continuous improvement tools and techniques to constantly check and adjust to ensure we maintain our key metrics and meet expectations of our advisors while empowering and developing the team to support these efforts.
- Attract, assess, retain, and develop talent to build an inclusive environment and diverse pipeline
- Be a change leader, helping employees navigate change to maximize engagement, empower team members to make decisions that impact their role, and increase overall productivity.
- Ensure regulatory requirements are being met not only from a FINRA/SEC perspective but also from a Finance perspective
MINIMUM QUALIFICATIONS:
- Bachelor’s degree or 4+ years equivalent experience and expertise
- 2+ years’ experience working in Excel, to include Pivot Tables, VLOOKUP and Macros
- 2+ years’ experience in a leadership role
- Due to the nature of this position, as a part of our background check process, candidates must be able to pass a non-registered fingerprint background check to qualify as a fingerprinted person under FINRA
IDEAL QUALIFICATIONS:
- 3+ years of MMLIS operations and leadership experience
- FINRA licenses: S7, S24
- Ability to collaborate and maintain strong working relationships
- Ability to lead and motivate a large team while meeting operational and financial objectives
- Ability to take initiative, identify opportunities and implement change
- High-level thinker and problem solver with excellent communication and organizational skills
- Flexible, can-do attitude, self-motivated, self-sufficient and ability to work effectively with peers and business partners
- Strong understanding of BD/RIA operational platforms and workflows
- Successful experience leading employees including building culture and career development
- Demonstrated ability to develop and provide stellar service
- Strong relationship management experience
- Demonstrated decisive decision making
What to Expect as Part of MassMutual and the Team
- Regular meetings with the MMLIS Compensation 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
#LI-JA1
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: $95,100.00-$124,800.00
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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