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Head of Process Re-Engineering, MassMutual Global Business Services
MassMutual
Multiple locations
Posted on Oct 31, 2024
We are seeking an experienced and dynamic Leader of Process Re-engineering to lead our efforts in optimizing and re-engineering processes as a capability within our Global Business Services (GBS) organization. This is an impactful leadership role responsible for driving operational efficiency, effectiveness, and innovation within the GBS. This individual will lead initiatives aimed at enhancing service delivery and quality, reducing operational costs, and improving process efficiencies across the organization. The leader will work closely with the Head of GBS and senior leadership to align operations with GBS strategic goals, ensuring a culture of continuous improvement and operational excellence. The ideal candidate will have a strong background in Six Sigma methodology and operational excellence. The ideal candidate will have over 10 years of experience in process improvements, End-to-End process, re-engineering, Six Sigma, and Lean Manufacturing. This role will be pivotal in identifying opportunities for improvement and driving cost-efficient processes across MassMutual.
Key Responsibilities
- Develop and implement a comprehensive Operational Excellence strategy that aligns with our business objectives.
- Lead the execution of key operational initiatives, ensuring they meet financial targets and quality standards.
- Collaborate with senior management to define and prioritize process improvement projects across the organization.
- Utilize Six Sigma methodologies (DMAIC, Lean, etc.) to analyze existing processes, identify inefficiencies, and implement data-driven solutions.
- Lead and mentor teams in the application of Six Sigma tools and techniques, including training and certifying team members in Lean Six Sigma principles.
- Oversee the execution of Six Sigma projects to deliver measurable improvements in quality, efficiency, and cost.
- Champion a culture of continuous improvement and operational excellence within the organization.
- Influence change management initiatives to ensure successful adoption of new processes and technologies.
- Provide guidance and support to teams during transitions to new operational models.
- Establish key performance indicators (KPIs) to measure the effectiveness of operational processes and track progress against business objectives.
- Provide regular reports to senior management on the status of operational excellence initiatives, including progress, risks, and recommendations.
- Assess operational risks and implement strategies to mitigate them, ensuring compliance with regulatory requirements and industry best practices.
- Work closely with risk management and compliance teams to ensure operational processes are aligned with regulatory standards.
- Collaborate with ETX and to leverage technology in improving operational processes and service delivery.
- Stay abreast of industry trends and emerging technologies that can enhance operational efficiency.
- Lead the implementation of automation and digital transformation initiatives to streamline operations.
- Build and lead a high-performing Operational Excellence team, providing mentorship, guidance, and career development opportunities.
- Foster a collaborative and results-driven work environment that encourages innovation and accountability.
- Set clear goals and expectations for the team, ensuring alignment with the company’s objectives.
- Drive cost reduction initiatives without compromising service quality.
- Lead a small team against a portfolio of initiatives across MassMutual. We will assess work across End-to-End processes which are cross business group / function and cross corporate and GBS locations. This is a working leader role.
- Partner with process owners (in business groups / functions and GBS) to identify and implement opportunities for process improvements to enhance efficiency, improve experience and reduce costs.
- Utilize Six Sigma and Lean Manufacturing methodologies as well as other quality tools and methods to streamline processes.
- Collaborate with cross-functional teams to ensure seamless integration of re-engineered processes.
- Partner with process owners to develop and maintain process documentation and standard operating procedures.
- Monitor and report on the effectiveness of re-engineered processes.
- Provide leadership and guidance to the process re-engineering team.
- Develop and manage the budget, ensuring optimal allocation of resources.
- Monitor financial performance against budget, identifying and addressing variances as needed.
Qualifications
- Bachelor’s degree in engineering, Business Administration, or a related field. A master’s degree is preferred.
- Over 10 years of experience in process improvements, End-to-End process, re-engineering, Six Sigma, and Lean Manufacturing; experience in operational excellence, process improvement, or a related role in fintech, financial services, insurance or call center environment.
- Six Sigma Black Belt or Master Black Belt certification required.
- Proven record of accomplishment of leading successful Six Sigma projects with tangible results.
- Strong leadership skills with the ability to influence and drive change across a large organization.
- Exceptional analytical and problem-solving skills, with a strong focus on data-driven decision-making.
- Excellent communication and interpersonal skills, with the ability to work effectively with stakeholders at all levels.
- Experience with change management and leading large-scale transformation initiatives.
- Ability to deal with ambiguity and navigate uncertain situations to drive for clarity.
- Ability to work across cultures effectively, valuing diversity.
- Proven track record of leading successful process re-engineering projects.
- Strong analytical and problem-solving skills.
- In-depth knowledge of the financial services industry, including regulatory requirements and best practices highly preferred.
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Salary Range:
$163,900.00-$215,000.00At 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.
Why Join Us.
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.
We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
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.
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. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.