MassMutual Financial Group Head of Dividend Systems in Springfield, Massachusetts

Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. This is why we want to inspire people to Live Mutual. We’re people helping people.

A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable and ethical business. We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.

Together, we’re stronger.



The CFO Dividend Management Team is seeking an innovative leader to manage the Dividend Systems Team. This role directs a team of developers that is responsible for dividend modeling, systems development, testing, and implementation of MassMutual’s annual dividend schedule as well as partnering with multiple areas throughout the enterprise to ensure alignment and proper integration of strategic solutions.

This role is responsible for:

  • Managing the annual dividend systems development and partnering with Dividend Strategy to ensure all methodology & systems changes are incorporated in both dividend re-pricing / illustrations regulation testing models as well as all unit dividend production calculation engines

  • Partnering with IT and CFO Project Manager to implement the dividend schedule into all admin and illustrations systems each year

  • Leading the area’s model conversion to Python as well as other conversion

  • Leading innovation & alignment with other efforts in CFO and IT

  • Ensuring all processes abide by any governance and FRR controls as applicable

Required Qualifications

Bachelor’s degree in mathematics, computer science, or required field

  • 10+ years of relevant experience working in life insurance/quantitative field

  • APL programming and strong computer programming background required

  • Prior product pricing and dividend experience

  • Strong analytical and problem solving skills to effectively identify, communicate, and develop solutions to business issues

  • Strong computer skills including MS Office (Excel, Word, Access and VBA)

  • Strong interpersonal and communication skills: ability to document complex issues, methodologies and resolutions such that others can readily understand them

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

  • Sound business judgment in an environment of rapid change - ability to respond to changes in direction, tight deadlines and high pressure situations

  • Comfortable dealing with both complexity and ambiguity, and able to explore multiple solutions to a problem

  • Ability to develop, lead and manage diverse teams and processes

  • Takes ownership and is results-orientated

  • Commitment to MassMutual’s Winning Ways

Preferred Qualifications

  • Strong Focus on model governanceExperience working with actuarial modelsExperience Python, C, APL, and/or FORTRANFamiliarity with the mainframe environment2+ years of management experience

Ranked No. 93 in the annual FORTUNE ® 500 Ranking (FORTUNE ® Magazine, June 2018) and recognized as a World’s Most Ethical Company by Ethisphere, MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. 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. At MassMutual, we Live Mutual.


Focus on the Customer: We understand our customers well and look for every opportunity to deliver an experience that is clear, easy, personal, human, empowering and trustworthy.

Act with Integrity: We deliver on our promises by being open, honest and humble and by adhering to the letter and spirit of applicable laws, rules, regulations and company policies.

Value People: We respect and learn from each other’s diverse backgrounds, experiences and ideas. We engage and develop people to their greatest potential.

Work Collaboratively: We work together to achieve results by actively listening, seeking, understanding and creating solutions as a unified team driving toward one company, one culture, one brand.

Achieve Results: We focus on winning by exceeding expectations and getting better – everyone, every day.

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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.

At MassMutual, we’re fostering an inclusive and dynamic environment where our employees are valued for who they are and can build successful careers. For us, diversity and inclusion is more than a goal, it’s the only way forward.

• 100% rating on the Human Rights Campaign Corporate Equality Index (2018)

• National Association for Female Executives Top Company for Executive Women (2018)

• Disability Equality Index® (DEI) Best Place to Work for Disability inclusion (2018)

• Working Mother Media 100 Best Company (2017)

• Military Friendly Employer (2018)