Product Owner, Finance Technology

MassMutual • Boston, MA

35d

About The Position

Join our dynamic team as a Product Owner, where you'll play a pivotal role in driving the execution of our technology strategy. As a key collaborator, you will lead complex, high-impact programs across the organization. In this role, you will be responsible for overseeing cross-functional teams and managing multiple, large-scale initiatives from concept to completion. The ideal candidate will have a proven track record of driving successful program execution, ensuring alignment with organizational objectives, and delivering measurable business results. You will work closely with executive leadership, stakeholders, and project teams to ensure the timely and efficient delivery of key programs. If you're passionate about making a meaningful impact and thrive in a fast-paced, collaborative environment, we invite you to be part of our journey towards excellence. The Team You'll be an integral part of our esteemed Corporate Technology Team, focused on Finance Technology. Our team operates on a global scale, driving innovation and excellence across diverse areas of expertise. As a Product Owner, you'll play a pivotal role in high impact Corporate Technology Finance Initiatives, ensuring alignment with organizational objectives and driving impactful outcomes. This is a high-visibility position, offering the opportunity to collaborate closely with our esteemed Corporate Technology leadership team. Our team thrives on collaboration, innovation, and a shared commitment to excellence. Together, we're shaping the future of technology within our organization and making a lasting impact on a global scale. Join us and be part of a dynamic team where your contributions will be valued and your potential unleashed. The Impact: 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.

Requirements

• Bachelors degree
• 5+ years of product management experience, with at least 5 years focused on finance technology in the insurance sector.
• 1+ years of deep domain knowledge of insurance financial processes, including premium billing, claims reserving, actuarial feeds, investment accounting, and reinsurance settlements.
• 1+ 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.

Nice To Haves

• 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.

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.

Benefits

• At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees.
• Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
• A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits.
• For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees