Massachusetts Mutual Life Insurance Co. on Wednesday opened an office in Phoenix, Ariz., that will employ 400 people as the company expands its footprint to the western U.S. for the first time in its 162-year history.
MassMutual, which has major operations under renovation in Enfield, will occupy 60,000 square feet of office space in an existing building in Phoenix. The jobs are mostly new growth, not positions moved from other locations, such as Enfield and Springfield, the company said.
The Arizona office will have employees in the company’s U.S. Insurance and Retirement businesses and some customer service operations. Job types include customer service, sales, operations, underwriting, claims and technology.
MassMutual is spending $80 million in construction and renovation of its headquarters in Springfield, Mass., and Enfield, which will be finished by 2014.
MassMutual closed on Jan. 1 its purchase of the Retirement Plans business segment from The Hartford Financial Services Group as part of four divestitures that netted $2.2 billion for The Hartford.