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Head of MassMutual Strategic Distributors - Life/DI

The Head of MMSD Life/DI will be a member of the senior leadership team of MassMutual and responsible for U.S. retail life insurance and DI distribution in the third-party market. They will be a critical leader to help drive forward MassMutual’s strategy to expand distribution to get to more people where they are. This leader will establish the overall strategic vision, execute plans and goals to accelerate existing strong growth and drive MassMutual to be a leading life and DI insurer in the third-party market. 

About MassMutual Strategic Distributors

MassMutual Strategic Distributors (MMSD) is the dedicated third-party distribution channel of MassMutual responsible for providing MassMutual’s retail life, disability income, annuity and life-LTC hybrid solutions to customers working with our third-party distribution partners.

MMSD is aggressively growing top line sales by expanding existing and establishing new partnerships with financial institutions, IMOs and BGAs and making significant investments in technology, sales, operations, marketing and product development. Our strategy is driven by dedicated teams across the enterprise where we will prioritize a dynamic, agile, and entrepreneurial culture.

Key Responsibilities

The Head of MMSD Life/DI will report to the Head of Third Party and New Markets and will be responsible for several critical functions. These functions and key responsibilities include:

  • Develop and implement strategies to accelerate growth and gain market share for MassMutual’s life and DI sales in the third-party market

  • Lead, coach and develop a team of managers and other leaders responsible for external and internal wholesalers, key account managers, advanced sales and learning/performance

  • Collaborate closely with internal stakeholders, including technology, product and client experience, to prioritize initiatives, allocate resources and align teams to strategic plans

  • Partner with new business, underwriting and client experience service teams to develop a plan to meet and exceed the expectations of our distribution partners and their financial professionals

  • Foster a culture of innovation, collaboration, transparency and data-driven decision making within team

  • Develop clear goals, KPIs and milestones aligned with the strategic plans of the business

  • Develop and cultivate strong working relationships and partners with leaders and centers of influence within MMSD’s key distribution relationships

  • Expand an organization with high performing diverse talent and foster an inclusive environment

  • Keep team motivated, focused on implementing strategic priorities

  • Create a culture where associates prioritize clients’ needs, feel empowered, hold themselves accountable for execution, seek to solve problems and thrive in a fast-paced environment

  • Excels at creating new market opportunities and establishing and executing innovative strategies to educate markets on new products and features

  • Effectively lead and manage across a matrixed organization, fostering collaboration and teamwork and driving results through cross-functional teams

  • Clearly and effectively report on performance and progress against sales plans, KPIs and key milestones

Skills and Qualifications

  • Seasoned leader with proven track record of growing a life insurance distribution organization

  • Experience with successfully developing and executing strategic plans

  • Deep individual life insurance product knowledge

  • Proven track record of developing and executing strategic plans to drive business growth and success

  • Highly skilled in identifying latest trends in the life insurance industry, analyzing the competitive environment, identifying external threats and opportunities, and taking action to position the business for long term growth and success

  • Strong financial acumen, with ability to understand and manage multiple financial indicators around goals, resources and key corporate objectives

  • Strong leadership, interpersonal and problem-solving skills

  • Excellent written and verbal communication skills

  • Strong interpersonal skills to build productive relationships with external stakeholders

  • Travel required, estimated 30%+

  • Bachelor’s degree preferred

  • FINRA licenses (Series 6 and 26 or Series 7 and 24) required

#LI-LS1

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
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Average salary estimate

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What You Should Know About Head of MassMutual Strategic Distributors - Life/DI, MassMutual

Are you ready to take your career to the next level? At MassMutual, we are looking for a dynamic Head of MassMutual Strategic Distributors - Life/DI to join our vibrant team in Suffolk County, MA. In this pivotal role, you'll be at the forefront of our U.S. retail life insurance and disability income distribution strategy, working hard to ensure that our products reach more people than ever before. As a key member of the senior leadership team, you'll establish a clear strategic vision and execute comprehensive plans to accelerate our already impressive growth. You will lead a talented group of managers, coaches, and wholesalers, driving collaboration at every level. Your mission will be to cultivate strong partnerships with financial institutions and other third-party distributors, all while fostering a culture of innovation and transparency within the team. Your financial acumen will guide you in managing KPIs, and your ability to motivate and empower others will ensure that we meet and exceed our partners' expectations. MassMutual offers a supportive environment where diversity and inclusion are celebrated, and your leadership will shape the future of our distribution efforts. If you're excited about creating new market opportunities and making a real difference in the lives of customers, we want to hear from you! Join us at MassMutual and help us redefine what's possible for life and disability insurance.

Frequently Asked Questions (FAQs) for Head of MassMutual Strategic Distributors - Life/DI Role at MassMutual
What are the key responsibilities of the Head of MassMutual Strategic Distributors - Life/DI?

As the Head of MassMutual Strategic Distributors - Life/DI, you will be tasked with developing and implementing strategies to spur growth and capture market share. This includes leading and developing a team focused on wholesalers, partnering with different business functions, and fostering a collaborative culture across the organization. Moreover, you'll be responsible for aligning goals and KPIs with our strategic plans and fostering strong relationships with distribution partners.

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What qualifications are required for the Head of MassMutual Strategic Distributors - Life/DI position?

To excel as the Head of MassMutual Strategic Distributors - Life/DI, candidates should ideally possess a Bachelor’s degree and have strong leadership skills. A seasoned professional with proven experience in life insurance distribution is essential. Additionally, having FINRA licenses, excellent communication skills, and a deep understanding of life insurance products will set applicants apart.

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What qualities will make a candidate successful as Head of MassMutual Strategic Distributors - Life/DI?

Successful candidates for the Head of MassMutual Strategic Distributors - Life/DI will have strong financial acumen, problem-solving abilities, and excellent interpersonal skills. Effective leadership, the capacity to innovate, and a commitment to fostering an inclusive environment will be vital in driving the organization towards long-term growth and maintaining high-performance standards.

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How does MassMutual support its staff and promote diversity in the workplace?

MassMutual is deeply committed to fostering an inclusive workplace where diversity is celebrated. They welcome candidates from all backgrounds to apply, emphasizing equal employment opportunities for all individuals. By creating a supportive and empowering culture, MassMutual encourages employees to thrive personally and professionally.

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What kind of travel is expected for the Head of MassMutual Strategic Distributors - Life/DI?

The Head of MassMutual Strategic Distributors - Life/DI role involves an estimated travel commitment of 30% or more. This travel is integral to building and nurturing relationships with distribution partners and ensuring the execution of strategic initiatives across various markets.

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Common Interview Questions for Head of MassMutual Strategic Distributors - Life/DI
Can you describe your experience with life insurance distribution?

When answering this question, highlight specific roles you have held that pertain to life insurance distribution. Discuss the strategies you've implemented, the outcomes you've achieved, and how your experience aligns with MassMutual's goals.

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What strategies would you employ to accelerate growth in a third-party market?

Discuss your understanding of industry trends and your approach to identifying new business opportunities. Share specific strategies you've employed in the past and how they could be adapted for MassMutual’s distribution goals.

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How would you foster a culture of innovation and collaboration within your team?

Provide examples of how you've successfully built collaborative environments in previous roles. Focus on communication, team-building activities, and the importance of transparency in fostering innovation.

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How do you set and track KPIs for your team?

Explain your process for establishing relevant KPIs based on strategic goals. Share any tools or methods you use for tracking performance and how you communicate progress to your team.

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What is your approach to building relationships with partners in the financial industry?

Discuss your networking skills and how you leverage them to build strong ties with financial institutions. Emphasize your ability to understand their needs and how you tailor solutions to meet those needs.

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How do you approach problem-solving in a high-pressure environment?

Walk the interviewer through specific challenges you've encountered and the steps you took to resolve them, showcasing your analytical and interpersonal skills.

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Can you provide examples of how you've led a diverse team?

Ensure you highlight your commitment to diversity and inclusion by sharing experiences where diverse perspectives contributed to team success, and discuss how you foster an inclusive environment.

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Describe a successful project you've led in the life insurance sector.

Choose a project where your leadership significantly impacted the outcome. Explain the goals, your role, the challenges faced, and the successful results achieved.

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What do you think is the biggest challenge facing the life insurance industry today?

Discuss current issues, like regulatory changes or market competition, and offer your insights on potential solutions. Show familiarity with industry trends and how they impact MassMutual.

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Where do you see the future of life insurance distribution headed?

Share your vision based on market research and trends, focusing on innovation and technology in distribution. Discuss how MassMutual can remain competitive in a rapidly evolving landscape.

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DATE POSTED
April 4, 2025

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