Director, Derivatives Investment Controllership

Jobtome; Elizabeth (MN); On-site; USD 180,000 - 280,000; Full time

Job summary

MassMutual is seeking a Director of Investment Controllership for Derivatives in a leadership role within the Controllers Organization of Corporate Finance. The position oversees derivative accounting across insurance and non-insurance entities, driving accuracy and timely reporting.

You will lead process improvements, collaborate with Investment Management Operations, and work to accelerate close cycles while ensuring GAAP and statutory compliance.

Qualifications

• Bachelor’s degree required.
• 8+ years in Investment Accounting/Operations with derivatives.
• 3+ years in insurance Investment GAAP with Statutory including Schedule DB.
• 2+ years leading teams or demonstrated leadership.

Responsibilities

• Lead investment accounting and controllership for derivatives across insurance and non-insurance entities.
• Oversee monthly reconciliations between the ledger and investment systems for derivatives.
• Prepare monthly analytics reports and present findings to stakeholders.
• Review footnotes and NAIC Schedule DB for accuracy and timely completion.
• Drive process redesign for derivatives and support hedging strategies and evolving accounting standards.

Skills

Leadership experience

Analytical skills

Communication skills

Agile mindset

Education

Bachelor's degree

Tools

Aladdin

SQL

Job description

MassMutual is seeking a Director of Investment Controllership for Derivatives in a leadership role within the Controllers Organization of Corporate Finance. The position oversees derivative accounting across insurance and non-insurance entities, driving accuracy and timely reporting.

You will lead process improvements, collaborate with Investment Management Operations, and work to accelerate close cycles while ensuring GAAP and statutory compliance.