Full-Time

Product Owner

Finance Technology

Posted on 11/30/2025

Massachusetts Mutual Life Insurance Company

Massachusetts Mutual Life Insurance Company

10,001+ employees

Life insurance and financial protection provider

Compensation Overview

$131.1k - $172k/yr

+ Bonus + Variable Incentive Compensation

Boston, MA, USA + 2 more

More locations: Agawam, MA, USA | New York, NY, USA

In Person

Category
Product (1)
Required Skills
Product Management
Workday HRIS
SAP Products
Oracle
Financial Modeling
Requirements
  • Bachelor's degree.
  • 8+ years of product management experience, with at least 5 years focused on finance technology in the insurance sector.
  • 2+ years of deep domain knowledge of insurance financial processes, including premium billing, claims reserving, actuarial feeds, investment accounting, and reinsurance settlements.
  • 2+ years of experience with ERP platforms e.g., Oracle, SAP, Workday and insurance systems e.g., Guidewire, Duck Creek, FIS, Moody’s AXIS, or custom-built tools.
Responsibilities
  • Define and own the product vision and multi-year roadmap for finance systems across Actuarial, Financial Planning.
  • Lead transformation initiatives for policy accounting, claims financial integration, investment ledger systems, and GAAP/STAT reporting platforms.
  • Prioritize and manage the product backlog, ensuring traceable and compliant financial system requirements.
  • Translate complex regulatory, actuarial, and financial needs into actionable features and technical stories.
  • Own delivery of key product milestones related to Financial Modeling, ALM, Actuarial applications and Treasury functionality.
  • Partner with finance, actuarial, reinsurance, investments, IT, and compliance leaders to align product delivery with strategic business objectives.
  • Lead cross-functional working groups with business SMEs and technology teams.
  • Guide Agile development teams through sprint planning, refinement, testing, and deployment cycles.
  • Ensure high-quality documentation, audit-ability, and financial data integrity within and across systems e.g., GL, sub-ledgers, actuarial tools, data lakes.
  • Ensure products meet compliance mandates from regulators.
  • Implement strong financial controls and data governance for downstream reporting, including support for actuarial models and investment reporting systems.
  • Champion modernization initiatives including cloud implementations, robotic process automation (RPA), smart reconciliation, and AI-enhanced forecasting tailored for insurance finance functions.
  • Benchmark technology capabilities against industry peers and bring forward new ideas to enable scalability and compliance efficiency.
Desired Qualifications
  • Masters Degree in Finance, Accounting, Information Systems, or Actuarial Science.
  • Solid understanding of insurance regulatory frameworks e.g., GAAP, STAT and LDTI.
  • Agile certification (e.g., CSPO) and proven track record leading high-performing Agile teams.
  • CPA, CFA, or CPCU designation is a strong plus.
  • Hands-on experience with finance data lakes, insurance data warehouses, and cloud-native financial platforms.
  • Experience integrating financial systems with actuarial, policy administration, and claims platforms.
  • Familiarity with reinsurance finance processes and tools e.g, TAI.
  • Exceptional leadership, communication, and interpersonal skills.
  • Strong analytical and problem-solving abilities.
  • Ability to influence and motivate teams without direct authority.
  • Excellent time management and organizational skills, with the ability to prioritize multiple initiatives.
Massachusetts Mutual Life Insurance Company

Massachusetts Mutual Life Insurance Company

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MassMutual provides life insurance and financial protection products for individuals and families. As a mutual life insurer founded in 1851, it differs from publicly traded competitors by being owned by its policyholders, who share in the company’s outcomes and dividends. Its products typically include life insurance and related financial services designed to help people plan for protection, savings, and financial security. The company emphasizes the idea of a “living mutual”—people depending on one another for security and happiness—and aims to help customers achieve greater financial security and peace of mind through long-term, customer-owned protection and savings solutions.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

Fair Oaks Ranch, Texas

Founded

1851

Simplify Jobs

Simplify's Take

What believers are saying

  • Record $3.9 billion operating earnings in 2025 boost financial strength.
  • Q1 2026 net income reaches $203 million, up from prior loss.
  • 18% Barings sale streamlines focus on insurance and wealth operations.

What critics are saying

  • Q1 2026 premiums drop 9% to $3.9B, eroding sales momentum.
  • Unrealized losses hit $167B bond portfolio, slashing adjusted capital.
  • Dividend failure triggers lapses to Northwestern Mutual, collapsing protection base.

What makes Massachusetts Mutual Life Insurance Company unique

  • MassMutual leads as top whole life insurance provider with $1.1T protection.
  • Wealth management client assets hit record $312 billion in 2025.
  • Historic $2.9 billion dividend payout approved for 2026 policyowners.

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Benefits

Professional Development Budget

Conference Attendance Budget

Employee Referral Bonus

Performance Bonus

Employee Discounts

Company Social Events

Company News

The Associated Press
Mar 2nd, 2026
MassMutual reports record $3.9B operating earnings, $2.9B dividend payout for 2025

MassMutual reported strong 2025 financial results, with statutory operating earnings reaching a record $3.9 billion. The mutual life insurance company achieved sales of $43 billion from its domestic insurance operations and grew client assets in wealth management to a record $312 billion. The company maintained its position as a top whole life insurance provider and increased total life insurance protection to nearly $1.1 trillion. MassMutual approved a record $2.9 billion dividend payout to eligible participating policyowners for 2026, the highest in its history. Total adjusted capital grew to $34.4 billion, with all four major rating agencies affirming MassMutual's ratings. The company paid $10.3 billion in insurance and annuity benefits during the year. MassMutual is celebrating its 175th anniversary in 2026.

CityBeat
Dec 10th, 2025
Cincinnati Development Fund Awarded Grant to Aid Affordable Housing Projects

Cincinnati Development Fund awarded grant to aid Affordable Housing projects. The Cincinnati Development Fund (CDF) has been awarded a new grant to aid in its mission to help local developers build more affordable housing. On Tuesday, the CDF says it secured a $400,000 grant from the MassMutual Foundation to support its Affordable Housing Leverage Fund, which helps advance local housing production goals and preserve existing affordable units. CDF says the grant will expand its ability to offer catalytic financing that helps local developers overcome early funding challenges and produce projects more efficiently. "We are honored to receive this support from the MassMutual Foundation and to see national partners recognize the strength of our model," Joe Huber, CEO of CDF, said in a press release. "This funding enhances our ability to meet the region's growing demand for affordable housing, and it affirms Cincinnati's leadership in creating innovative solutions that can be replicated across the country." "Cincinnati Development Fund is delivering measurable, community-centered impact for families and neighborhoods through the Affordable Housing Leverage Fund," said Dennis Duquette, president and CEO of the MassMutual Foundation. "We are proud to support a model that not only strengthens communities but also demonstrates how strategic financing can advance long-term, scalable change." CDF says its Affordable Housing Leverage Fund's success has attracted interest from national institutions, foundations and corporate partners. You can learn more about the fund here. In November, CDF was also awarded a $200,000 grant from the Key Bank Foundation to expand its Affordable Housing Leverage Fund.

Business Wire
Dec 8th, 2025
MassMutual Announces the Appointment of Michael T. Rollings to Its Board of Directors

MassMutual announces the appointment of Michael T. Rollings to its Board of Directors. SPRINGFIELD, Mass.-(BUSINESS WIRE)-MassMutual today announced it has elected Michael T. Rollings to the company's Board of Directors. "With his extensive leadership experience at financial services companies that have a proven track record of growth and market leadership, Mike is an excellent addition to our Board of Directors," said Roger Crandall, Chairman, President and CEO, MassMutual. "Along with his deep financial and operational background in both insurance and asset management, Mike has an exceptional understanding of how companies can best deliver long-term value to their customers. His insights and perspectives will greatly benefit both MassMutual and our policyowners." Rollings most recently served as the Chief Financial Officer and Managing Director of Finance at the Vanguard Group, a position he held from 2016 until his retirement in June of 2025. In this role, he led financial strategy and planning for the global asset investment manager with over $11 trillion in assets under management and oversaw more than 1,800 people across corporate financial functions, including treasury, financial planning and analysis, accounting operations, and fund financial services. During his tenure, he served as a strategic advisor to Vanguard's CEO, Board of Directors, and other key stakeholders, while also leading a transformation of the company's corporate and fund financial operations to best support investment and shareholder return. Prior to his time at Vanguard, Rollings held leadership roles at MassMutual for 15 years, including leading the company's Capital Markets and Treasury Operations team and serving as Chief Financial Officer from 2006 to 2016. "I'm deeply appreciative of the opportunity to join the Board of Directors at a purpose-driven company like MassMutual, which has continued to grow, thrive, and deliver value for its policyowners and customers for nearly 175 years," said Rollings. "I look forward to offering strategic counsel and insights in my new role, ultimately helping the company continue to fulfill its purpose of helping people secure their future and protect the ones they love." Rollings has served on several boards throughout his career, including the Financial Accounting Foundation, the Naismith Memorial Basketball Hall of Fame, the Springfield Museums, and the Georgetown University Board of Regents. He earned a bachelor's degree in business administration from Georgetown University and a master's degree in business from Northwestern University's J.L. Kellogg School of Management. About MassMutual MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. Founded in 1851, the company has been guided by one consistent purpose: we help people secure their future and protect the ones they love. With a focus on delivering long-term value, MassMutual offers a wide range of protection, accumulation, wealth management and retirement products and services. For more information, visit www.massmutual.com.

Business Wire
Oct 23rd, 2025
Obesity Medicine Leader knownwell Raises $25 Million in Strategic-Led Financing

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Kurt Petrucci of MML Investors Services Faces Misconduct Allegations Over Annuity Sales and Disclosures

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