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Mutual Opportunities

Smiling Women

Head of Strategy & Planning, Product

Springfield, Massachusetts; Boston, Massachusetts; New York, New York
Job Category Strategy ID R17020
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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.

People working together
Roger Crandall
Roger CrandallCEO
“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

At MassMutual, we’re passionate about helping millions of people find financial freedom. This passion has driven our approach to developing products which best meet the needs of our customers. To help us achieve our mission, we are hiring a Head of Strategy & Planning to join our Product team.

As the Head of Strategy & Planning, you’ll use your skills to drive a culture of product innovation and ideation and use your influence of thought leadership to drive a culture of agility and change, all in the spirit of providing the best outcomes for our customers and employees.

Objectives of this role:

The Product Head of Strategy and Planning will be a key member of the Product Senior Leadership Team for the enterprise-wide, growth driven Product organization within Brand, Product & Affiliated Distribution (BP&AD). Play a role in transforming and modernizing the product manufacturing processes and positioning us for future growth. The role will collaborate across the enterprise to prioritize and drive Product initiatives and assess competing resources/initiatives that may impact the team’s planned outcomes. This role will also coordinate, counsel and serve as a resource for the Product senior leadership team relative to various short-term initiatives, programs and strategies to ensure alignment with short to longer-term strategic priorities, financial plans and align execution.

Understand industry Competitive Landscape to ensure all Product line strategies position MassMutual for sales success and profitability. Elevate awareness of product-relevant industry and distribution trends and partner with Product line leads to apply these trends to successful outcomes. Assist in the development of innovative and profitable strategy recommendations.

Partnering with Head of Product to run the business including overseeing the budget process, expense management, facilities requirements and organizational communications. Ensuring we are properly managing talent and developing a winning culture.

Daily and monthly responsibilities:

  • Through effective influencing, collaboration, mentoring and communication drive the execution of the team objectives

  • Engage and collaborate with key stakeholders (i.e., Head of Product and product team, Finance, internal and external industry SMEs, ETX and Distribution channels)

  • Ensure team talent development is a priority, modeling the performance management cycles (Check-Ins, quality and actionable pipeline and succession and development plans)

  • Lead change management efforts across the organization, and partner with leaders to outline operational workflows, responsibility models (RACI), demand and capacity models, prioritization, process review and improvements; creation of road map to sequence transition activities, and a set of guiding principles on how to best position the organization and the employees to prepare for the transformation efforts. The role will assist with organizational FTE management and structure.

  • Lead metrics and measurements data and partner with Product line leads to ensure data drives business decisions with positive outcomes

  • Oversee all Budget considerations for individual team and the Product organization in a quality and timely manner

  • Execute Product organization-wide impact projects, as appropriate

The Team:

As a member of this team you are responsible for supporting many cross channel business partners which requires a high level of collaboration, business acumen, accountability, resilience and strong communication.  This team is motivated by finding the best product solutions and opportunities while always thinking in a forward and innovative way to break out of the crowded financial competitive space and utilizing the modern marketing technology and evolving channel ideas. 

The Impact: 

As Head of Strategy and Planning for the Product organization, this person will be responsible for the overall development, implementation and guidance over the team to build all operational and financial strategies for the BP&AD Product programs as well as the resourcing and efficiency of the strategic roadmap and measurement of all programs. 

Skills and qualifications:

Demonstrated ability to:

  • Think strategically and present ideas well in written and verbal form; presentation skills

  • Contribute strategic thought partnership as an integral part of the Product Senior Leadership team

  • Quickly establish and maintain effective working relationships with people at all levels (executive through entry); recognized as an effective, strong collaborator

  • Engage and inspire others and build a culture of innovation / ideation, inclusion, and diverse thought leadership

  • Model MassMutual’s Core Values: Focus on the Customer, Act with Integrity, Value People, Work Collaboratively, Achieve Results

  • Partner cross-functionally to reconcile competing priorities while meeting organizational objectives

  • Lead successful results through others at both mid to upper management and earlier career

  • Apply intellectual curiosity to all aspects of the role

  • Develop talent, including pipeline and succession planning

  • Model change leadership / agility; change champion. Successfully personally navigate and guide others to navigate in an agile and evolving culture of change

  • Effectively communicate with all mediums (verbal, written, presentation)

  • Effectively represent MassMutual at external conferences, industry events

  • Successfully lead projects from conception to quality execution

  • Operate with a high level of critical thinking and analytical skills

  • Understand and work with numbers in a variety of formats (metrics, measurements, budget)

Requirements:

  • Bachelor’s degree in Business/Finance/Economics or Marketing required. Other advanced degrees such as MBA, CFA, CPA are preferred

  • 10+ years of business strategy experience in a progressively increasing leadership role with large-scale projects and transformation programs

  • Excellent communication and organizational skills, and demonstrated leadership skills 

  • Outstanding strategic thinking, analytical and decision making skills

  • Excellent project management skills, with the ability to manage complex plans, and juggle multiple priorities and deadlines, while flexing and adapting to evolving environment.

  • Must be collaborative partner within Product team and internal and external business partners with ability to build relationships across diverse stakeholder and constituent groups.  Ability to serve as key influencer and evangelize goals of the Product organization.

  • Expert at juggling multiple priorities through strong project-management skills, leadership and collaboration.

  • Experience working with financial budgets, technology spend, expense management

  • Knowledge of MassMutual products

  • Ability to prepare advanced/professional PowerPoint presentations.

#LI-LS1

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.
EEO Statement (Opens in new window)

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: $167,800.00-$220,200.00
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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

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 embrace diversity in every sense, focusing on building a thriving community where everyone is valued, included, and feels that they belong.

At MassMutual, we Live Mutual.

How We Work

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.

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Paid Time Off

  • In addition to generous vacation time, paid holidays, and flexible holidays, MassMutual offers 'take care' time to care for yourself or someone you love—whether for physical illness or mental health.
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Health & Well-Being

In addition to top-line medical and dental coverage, personalized mental health solutions, on-site and virtual health coaching, and much more, MassMutual reimburses employees up to $1,250 per year for eligible expenses supporting mental, physical, and financial well-being.

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Financial Well-Being

In addition to competitive salaries and bonuses, educational assistance programs, and much more, MassMutual offers up to a 10% total 401(k) benefit, consisting of a 5% company match and a 5% annual contribution.

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Taking Care

MassMutual offers generous maternity and parental leaves, as well as bereavement leave to mourn the loss of a loved one (and the employee defines 'loved one'). In addition, we offer up to 320 hours of caregiver leave to help employees support loved ones in times of need.

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Giving Back

MassMutual offers three paid days for employees to volunteer with eligible nonprofits of their choice, and the MassMutual Foundation matches employee donation dollars to eligible nonprofit organizations up to $5,000 annually.

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Commuter Benefits

MassMutual offers a Qualified Commuter Program through which eligible employees can pay qualified workplace commuting expenses with before-tax dollars, as well as a commuter wallet option for employees based at Boston and NYC campuses.

Why MassMutual?

Kevin

Compliance Consultant

Seth

Service Management Consultant

Kymberly

Head of Experience Journey Mapping

where we work

Springfield Office

Springfield Office

1295 State Street, Springfield, MA

Boston Office

Boston Office

10 Fan Pier Blvd, Boston, MA

New York Office

New York Office

2 Park Ave,
New York, NY

Virtual

Virtual

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