MassMutual Financial
Headquarters:
1295 State Street
Springfield, MA 01111
Employees: 27,000
CEO: Stuart Reese
Mutually held company
Website: http://www.massmutual.com
Career Page
MassMutual Financial Group - comprised
of member companies with over $395 billion in assets under management
at the end of 2005 - is a global, growth-oriented, diversified
financial services organization providing life insurance, annuities,
disability income insurance, long-term care insurance, retirement
planning products, structured settlement annuities, trust services,
money management, and other financial products and services.
The MassMutual Financial Group is a marketing
name for Massachusetts Mutual Life Insurance Company and its
affiliates, which include: OppenheimerFunds, Inc.; Babson Capital
Management LLC; Baring Asset Management Limited; Cornerstone
Real Estate Advisers LLC; MML Investors Services, Inc.; The MassMutual
Trust Company, FSB; Antares Capital Corporation; MML Bay State
Life Insurance Company, C.M. Life Insurance Company, and MassMutual
International, Inc.
MassMutual has been in business since 1851
and has over 1,800 offices and 11 million clients worldwide.
In 2005, MassMutual had net income of $753
million. Premium and net deposits were $24.7 billion.
The Board of Directors of MassMutual announced
this month that it had terminated its CEO, Robert O'Connell for
abuse of authority and violating the company's code of conduct.
Stu Reese was named the new CEO.
Benefits
MassMutual offers competitive benefits
to all eligible employees, many of which are effective immediately
upon employment. Flexible work hours and a total of 19 vacation
and personal days per year allow employees to balance their work
life with personal life.
Education
MassMutual provides employees with
extensive, strategically-focused training and development resources,
as well as guidance in making the best use of them. An on-site
Corporate University offers more than 150 courses each trimester.
These courses cover a wide range of topics: from Web-based software
to leadership skills.
The Educational Assistance Program provides eligible employees
up to $5,000 a year ($8,500 for accelerated programs) to reimburse
tuition and expenses. The program is available for undergraduate
or graduate courses and professional designation programs.
Additional benefits
- Life, health, dental, disability and
vision coverage
- Flex time and flexible work arrangements
- Savings and retirement plans
- Performance bonus program
- Child care
- Corporate training and development programs
- On-site wellness center
- Dry cleaning
- Film processing
- Library
- MassMutual Learning and Conference Center
- Wellness programs
|
