Latest leadership appointment bolsters strategy to extend record satisfaction marks from plan sponsors
ENFIELD, Conn. – MassMutual has appointed Michele Baldasarre as Vice President of Institutional Markets to lead relationship management for the firm’s large retirement plan sponsors.
“Michele is leading a unit that has been instrumental in helping MassMutual earn record retention and satisfaction rates from plan sponsors,” said Una Morabito, Senior Vice President, Relationship Management for MassMutual Retirement Services. “With her deep background in retirement plans, consultant relations, strategic solutions and employee benefits, Michele is well-positioned to take our support for institutional clients to an even higher level.”
Baldasarre, who reports to Morabito, leads a team of 30 relationship managers who support large retirement plan sponsors and their participants. Institutional clients include corporations, government entities such as states, counties and municipalities, Taft-Hartley or labor unions, and not-for-profit organizations.
The institutional unit is part of a larger team of more than 100 relationship managers responsible for helping employers make the most of their 401(k), 457 and 403(b) defined contribution retirement plans as well as defined benefit plans for employees. The relationship managers work with employer’s decision-makers, investment advisors and consultants, TPAs, attorneys and accountants to help employers manage their plans as effectively as possible.
Baldasarre has more than 25 years’ experience in institutional investment and retirement services, and most recently served as a channel manager for Aon Hewitt. Previously, she held leadership roles at Blackrock and Putnam.
Baldasarre has a Bachelor of Science from Lesley College.
For more information about MassMutual’s Retirement Services Division, please contact your financial professional or call MassMutual at 1-800-874-2502, option 4.
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyowners consistently since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company’s strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.