Job Post - 50390537Job TitleAccountantEmployment TypeRegular Full-timeLocationSpringfield MAIN ST - MMFGReference Code0002-NC50390537_001Company Chartered in 1851, Massachusetts Mutual Life Insurance Company (“MassMutual” or the “Company”) is a leading mutual lifeinsurance company that is run for the benefit of its members and participating policyholders. The Company has a long historyof financial strength and strong performance, paying dividends to eligible participating policyholders every year since the1860s. MassMutual is headquartered in Springfield, Massachusetts and its major subsidiaries include OppenheimerFunds,Inc., Babson Capital Management LLC, Cornerstone Real Estate Advisers LLC, Baring Asset Management Limited and FirstMercantile Trust Company. MassMutual Financial Group (“MMFG”) is a marketing name for Massachusetts Mutual LifeInsurance Company and its affiliated companies and sales representatives. MMFG is a global, diversified financial servicesorganization providing life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services,annuities, investment management, mutual funds and trust services to individual and institutional investors. With whole lifeinsurance as its foundation, the company’s strong and growing network of financial professionals helps clients make goodfinancial decisions for the long-term. MassMutual, or its subsidiaries, also have operations in Asia, Europe and Latin America.MassMutual has maintained some of the highest financial strength ratings in any industry, and is committed to maintaining aposition of preeminent financial strength by achieving consistent, long-term profitable growth. In total, MassMutual worldwideinsurance in-force was $490 billion at the end of 2010, and assets under management were $448 billion. Premium and otherdeposits totaled $27 billion for 2010. MassMutual is ranked 93 on the Fortune 500 list and was also named one of Fortunes“Most Admired” companies
DepartmentThe (BA) Partnerships and Enterprise Investment Reporting team is comprised of a Manager, twelve full time professionalsand one intern.Job SummaryPrepare various financial statements and reports, including requesting, reviewing, analyzing and documenting necessarysupport. Prepare journal entries. Analyze and report on monthly and quarterly financial results. Investigate unexpected orunexplained fluctuations. Work with external auditors. Work independently and apply professional judgment. Ad-hoc projectwork.Job Responsibilities & RequirementsReview and report consolidated resultsManagement reporting, including trend and flux analysisRegulatory reporting, including Statutory and GAAP reporting for the NAIC and rating agenciesAccounting and processing for partnership, JV andLLC assetsReview, approve and process cash transactions, including incoming and outgoing wiresValidation and reporting of cost, statement and fair value of assets
BS Accounting/Finance and 3-5+ years experience requiredThis position will require the associate to comply with MassMutual's Investment Advisory Code of Ethics ("Code") pursuant toSEC rules and regulations. In accordance with Code provisions, you may be required to disclose, among other things,personal securities accounts (including household members) and investment transactions directed by you or members ofyour household. MassMutual Corporate Compliance may also need to obtain duplicate trade confirmations and accountstatements from applicable brokers for monitoring purposes. In addition, you will need to make disclosures required by FormADV.This position will require the associate to comply with Babson Capital's Code of Ethics ("Code") pursuant to SEC rules andregulations. In accordance with Code provisions, you will be required to disclose, among other things, personal securitiesaccounts (including household members) and investment transactions directed by you or members of your household inaddition to obtaining pre-approval before making certain securities transactions. Babson Capital Compliance may also needto obtain duplicate trade confirmations and account statements from applicable brokers for monitoring purposes. In addition,you will need to make disclosures required by Form ADV.
This position will require the associate to comply with MassMutual’s Investment Portfolio Standards of Conduct Policy (“IPStandards”). In accordance with the IP Standards, you will be required to disclose, among other things, your personalsecurities accounts. MassMutual Corporate Compliance may also need to obtain duplicate account statements fromapplicable brokers for monitoring purposes.Winning Ways• Focus on the Customer: Know your customers well; add value with a sense of urgency.• Act with Integrity: Be trustworthy, adhere to high ethical standards and adhere to the letter and spirit of applicable laws,rules, regulations and company policies• Value People: Lead people to success; appreciate diverse backgrounds, ideas and experiences.• Work Collaboratively: Partner with others to achieve results that leverage the right resources• Achieve Results: Focus on winning; consistently exceeds expectations, beat the competitionMassMutual Financial Group is an Affirmative Action/Equal Employment Opportunity Employer (M/F/V/D)
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