Head of Strategic Expense Initiatives & Capabilities

Head of Strategic Expense Initiatives & Capabilities

Full-Time

Boston, MA, New York, NY or Springfield, MA

The Opportunity

We are looking for a Head of Strategic Expense Initiatives & Capabilities to be responsible for leading our expense organization and will have primary responsibility advance expense management initiatives, capabilities and policies – including 3rd party benchmarking interpretation and analysis of results driving key actions and alignment. This leader will also pioneer innovation including expansion of GBS capabilities and building out AI / Gen AI digital analyst functionalities . In addition, this leader with partner closely with Procurement and Strategic Priorities and delivery.

The ideal candidate will have experience in financial analysis and / or expense management as well as be fluent in life insurance, wealth management and annuity products . This individual should excel at working collaboratively and cross-functionally with both peers and leaders within and outside the finance function. Things move quickly and change quickly at MassMutual; this individual should be able to navigate ambiguity and mobilize teams and work at a nimble and fast pace. An ability to translate and distill complex financial issues into simple business context storylines while also providing the “so what.”

The position will lead a small team, and ensure it is proactive and highly customer-centric. Development is at the core of a learning culture. The position will need to help guide all team members through their development.

The team will need to research and drive education and adoption of expense benchmarking, partner with peers to establish and maintain unit cost frameworks to track and monitor progress. Manage the timing, accuracy and hands-on execution of deliverables. Ensure proper attribution of results with fact-based analysis guiding insights and decision support.

The Impact

The position is expected to :

• Drive alignment on YoY top-down expense guidance and support business and functional partners in delivering
• Design intuitive, actionable expense performance analysis to create transparency and surface savings opportunities (incl. an external lens / benchmarking)

Enhanced reporting and deep analytics around overall expenses, headcount, pricing gaps

Build more robust and pro-active transparency to improve economics (connect business drivers to spend, 3rd party spend, portfolio execution and eventual benefit realization)

Pioneer innovation capabilities :

The Minimum Qualifications

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MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

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