Strategic Expense Analysis & Capabilities Manager

MassMutual

Strategic Expense Analysis & Capabilities Manager

Reposted 14 Hours Ago

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Springfield MA USA

Hybrid

116K-152K Annually

Senior level

Big Data • Fintech • Information Technology • Insurance • Financial Services

We help people secure their future and protect the ones they love.

The Role

Lead enterprise expense management strategy by interpreting benchmarking data building reporting models and scenario analysis advancing forecasting and automation partnering with Procurement and stakeholders identifying efficiency opportunities and delivering executive-ready insights to drive expense transparency and savings.

Summary Generated by Built In

The Opportunity
We are looking for a Strategic Expense Analysis & Capabilities Manager to help shape and advance MassMutual's expense management strategy. In this role you will lead key initiatives capabilities and policies including interpreting third-party benchmarking data identifying actionable insights and driving alignment across the organization. You will also partner closely with Procurement and Strategic Priorities to support delivery and execution.
You will be most successful in this role if you bring experience in financial analysis and expense management along with an understanding of life insurance wealth management and annuity products. This position requires strong cross-functional partnership comfort working through ambiguity and the ability to move quickly while bringing others along. Just as important you can translate complex financial issues into clear business insights and explain what they mean for decision-making.
The Team
In this role you will join our Strategic Expense Management team supporting senior business unit leaders in all phases of the expense forecasting cycle including managing their expense base identifying and analyzing opportunities to improve expense efficiencies across the organization and driving implementation of those initiatives. The Strategic Expense Management team is a collaborative team whose members demonstrate accountability agility a dedication to be inclusive strong business acumen and show courage even in the most difficult situations. Effective communication skills are key to successful relationship-building and the ability to articulate the reasoning and bases for recommendations and conclusions are imperative. Our team demonstrates an inquisitive approach asking probing questions to identify issues with specificity.
The Impact
In this role you will help shape how MassMutual manages expenses by delivering clear insights strengthening forecasting and analytics and driving initiatives that improve transparency efficiency and decision-making across the organization.

Partner with the Leader of Strategic Expense Management and cross-functional stakeholders to guide expense strategy align on enterprise priorities and support company-wide expense goals.
Develop actionable reporting models and scenario analyses that improve visibility into expenses headcount pricing gaps and savings opportunities.
Advance forecasting and planning capabilities by improving processes automation and tools across monthly quarterly annual and long-range planning cycles.
Use benchmarking unit cost frameworks and policy analysis to identify opportunities for efficiency strengthen governance and inform business decisions.
Provide clear fact-based insights and executive-ready materials that help leaders monitor progress evaluate tradeoffs and drive results.

The Minimum Qualifications

Bachelor's degree
7+ years of experience in finance roles with a proven ability to work across a highly matrixed organization.
3+ years of experience using advanced forecasting and strategic planning techniques including activity-based costing and zero-based budgeting.
3+ years of experience analyzing financial data and translating insights into clear recommendations for business leaders.

The Ideal Qualifications

Master's degree in business finance accounting or a related field.
Strong financial acumen and the ability to analyze large data sets to identify trends and insights.
Excellent communication skills with the ability to translate complex information into clear messages for a range of audiences.
Experience with training change management and driving transformation efforts.
Strong organizational skills attention to detail and the ability to manage multiple deliverables in a fast-paced environment.
Proactive self-motivated and comfortable using sound judgment and creative problem-solving to move work forward.
Strong business partnering skills thought leadership and a commitment to delivering excellent client service.

What You Can Expect at MassMutual
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role you can expect:

Clear areas of ownership and accountability with work that connects directly to company and customer outcomes
A collaborative environment where perspectives are welcomed
Access to learning development and internal networks that support continuous growth and skill-building over time
Employee-led communities and forums that foster connection learning and inclusion across the organization
A culture grounded in integrity responsibility and stewardship-supported by a company with a strong legacy and a future-focused mindset

#LI-DM2
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.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA) please visit our California Consumer Privacy Act Disclosures page.
Salary Range: $115900-$152100

Skills Required

Bachelor's degree
7+ years of experience in finance roles working across a matrixed organization
3+ years using advanced forecasting and strategic planning techniques including activity-based costing and zero-based budgeting
3+ years analyzing financial data and translating insights into recommendations for business leaders
Master's degree in business finance accounting or related field
Experience analyzing large data sets and strong financial acumen
Excellent communication skills and ability to produce executive-ready materials
Experience with training change management and driving transformation efforts

What the Team is Saying

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The Company

HQ: Springfield MA

6000 Employees

Year Founded: 1851

What We Do

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. Together we’re stronger.

Why Work With Us

MassMutual has the financial security and stability of a 170+ year old company with the culture and energy of a startup. We work every day with the customer front of mind to build the best digital experience in the industry.

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Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We believe in capitalizing on the best of being together in our offices as well as personal flexibility. Our workplace philosophy puts office collaboration first combined with flexibility to work remotely.

Typical time on-site: 3 days a week