MassMutual
MassMutual
5,001 – 10,000 Employees
FinanceFintechInsurance
MassMutual is a financial services and insurance company that helps individuals, businesses, and financial professionals plan for long-term financial security. Its offerings include life, disability income, and long-term care insurance, along with annuities, investment products, retirement planning, brokerage services, and financial planning tools. Founded in 1851, the company combines insurance protection with wealth and retirement solutions, while highlighting financial strength, responsible governance, sustainability, diversity, and community impact. Its broad business supports teams working across insurance, finance, fintech, investment services, and related corporate functions.

Investment Accounting Associate II, Derivatives

Support derivative accounting, financial controls, audits, and close cycles for MassMutual’s investment operations. Contribute to reporting improvements and business projects, including system implementations.

Description

  • Partner with Investment Management and Operations during close cycles
  • Prepare and review requests from internal and external auditors
  • Contribute to key company projects, including system enhancements and implementations
  • Complete recurring tasks for monthly, quarterly, and annual close cycles
  • Carry out processes and controls for derivative accounting and controllership
  • Develop and implement accounting improvements that add business value and improve team efficiency
  • Help resolve problems affecting quality, cycle times, efficiency, and controls within Investment Controllership
  • Set priorities, respond to changing needs, and build on established methods to improve efficiency
  • Adapt to changing circumstances within a complex corporate structure
  • Help cultivate a team environment that encourages engagement, motivation, and continued learning

Requirements

  • Bachelor’s degree
  • At least 4 years of related investment or fund accounting or financial reporting experience, with increasing responsibility
  • At least 2 years of experience using Microsoft Excel, including complex formulas, PivotTables, data analysis, and large financial datasets
  • At least 6 years of related work experience preferred
  • CPA, CMA, or an equivalent designation preferred
  • Experience in financial services or insurance investment accounting under GAAP and statutory standards, including Schedule DB
  • Experience with investment platforms such as Aladdin
  • Strong analytical skills and ability to assess financial datasets
  • SQL or data analytics experience with tools such as Tableau or Alteryx is a plus
  • Ability to produce high-quality work efficiently while taking on greater autonomy over time
  • Ability to build and maintain strong relationships across cross-functional teams
  • Excellent communication skills and ability to present ideas clearly, persuasively, and in an organized way
  • Ability to work in a dynamic, agile environment
  • Intellectual curiosity and commitment to continued learning
  • Experience analyzing new investments and accounting guidance
  • Experience with system conversions or subledger implementations

Benefits

  • Incentive and bonus opportunities
  • Access to learning and development resources
  • Internal networks that support ongoing growth and skill development
  • Employee-led communities and forums
  • Inclusive, collaborative workplace
  • Competitive pay and benefits
  • Support and accommodations during the application process

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