Director, Derivatives Investment Controllership

Jobtome; California; On-site; USD 180,000 - 250,000; Full time

Job summary

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead derivative investing accounting and controllership across our insurance and non‑insurance entities. You will drive process improvements, coordinate with Investment Management Operations, and ensure accuracy of GAAP and statutory results.

The role requires extensive investment accounting experience, leadership capability, and the ability to partner with policyowners and auditors in a dynamic, fast‑paced

Qualifications

• Bachelor’s degree in a related field.
• 8+ years in investment accounting/operations, incl. derivatives.
• 3+ years in insurance Investment GAAP plus Statutory accounting including Schedule DB.
• 2+ years as a people leader or 5+ years informal leadership.

Responsibilities

• Lead the investment accounting and controllership for derivatives across entities.
• Manage monthly reconciliations between the ledger and investment systems for derivatives.
• Oversee the preparation of monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Lead process redesign for derivatives and enhance analytics supporting quarterly results.

Skills

Analytical

Written communication

Verbal communication

Leadership

Education

Bachelor's degree

CPA CFA CMA or equivalent

Tools

Aladdin platform

SQL

Job description

MassMutual is seeking a Director in the Controllers Organization of Corporate Finance to lead derivative investing accounting and controllership across our insurance and non‑insurance entities. You will drive process improvements, coordinate with Investment Management Operations, and ensure accuracy of GAAP and statutory results.

The role requires extensive investment accounting experience, leadership capability, and the ability to partner with policyowners and auditors in a dynamic, fast‑paced