Insurance and retirement platform modernizing legacy systems with cloud and AI
MassMutual operates a large financial-services organization built on decades of legacy infrastructure (COBOL, mainframe, DB2) while actively migrating to SAP S/4HANA, cloud platforms (AWS, Azure), and emerging AI tools (RAG, GitHub Copilot). The hiring mix—finance-heavy with 57 roles, balanced by 25 engineering and 15 data positions—reflects a company mid-transition: modernizing core ledger and policy-accounting systems while automating quant research, investment operations, and financial forecasting. Excel replacement and datasphere adoption signal a shift from spreadsheet-driven finance toward integrated data platforms.
Notable leadership hires: Corporate Transactions Lead, Benefits Director, Chief Growth Officer, Regional Director
MassMutual is a privately held insurance and financial-services company headquartered in Springfield, Massachusetts, with 5,001–10,000 employees across the United States, United Kingdom, and Canada. The company offers life insurance, retirement planning (401K), and financial-wellness services to individuals and institutions. Operationally, MassMutual runs on a hybrid stack spanning mainframe systems (COBOL, CICS, DB2, VSAM) and modern enterprise software (SAP, Workday, Salesforce, ServiceNow). Current priorities include platform consolidation, new ledger implementation, policy-accounting transformation, and investment-operations automation—all underpinned by efforts to reduce data-handling time, improve financial-reporting accuracy, and expand self-service digital capabilities.
MassMutual runs on COBOL, mainframe, DB2, VSAM legacy systems alongside SAP, SAP S/4HANA, Workday, Salesforce, ServiceNow, AWS, Azure, and Oracle Hyperion. The company is adopting SAP Datasphere, RAG, and Kyriba while replacing Excel-based workflows.
MassMutual is headquartered in Springfield, Massachusetts, and employs 5,001–10,000 people across the US, UK, and Canada.
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