Credit Life Actuary

Description and Requirements

The Team You Will Join

The MetLife Product Team operates across multiple markets. It is divided into three sub-teams: pricing, value proposition, and Group products. The pricing and value proposition sub-teams are responsible for developing competitive insurance pricing strategies that align with sustainability goals and ensure customer satisfaction.

The Group product sub-team manages Credit Life and Employee Benefits Insurance Business, developing products suitable for customers of group institutions such as banks and financial institutions.

The Opportunity

The MetLife Product Team is focused on developing competitive insurance pricing strategies that align with sustainability goals.

How You’ll Help Us Build a Confident Future (Key Responsibilities)

• Prepare the pricing for new quotes or update existing offers, ensuring the solution meets customer needs.
• Coordinate with the implementation team to ensure that the product quoted is successfully implemented in MetLife systems.
• Participate in the renewal processes of the current portfolio, understanding the experience and building key assumptions used in pricing.
• Offer solutions for various requests from current partners, such as updates in current offers or administrative issues requiring Product support.
• Support the pricing strategy for Bancassurance business.
• Maintain a close relationship with the regional team for various reporting.
• Provide competitive market information.
• Simplify current processes and increase efficiency.
• Document, manage, and improve procedures currently in place.
• Build approval documentation for new product initiatives, collaborating with various departments.
• Develop and apply a deep understanding of the full cycle in pricing, modeling, and review.
• Communicate clearly, precisely, and effectively.

What You Need to Succeed (Required Qualifications)

• Accountability for Results – Demonstrate personal responsibility for completing tasks within deadlines to a high standard.
• Customer Focus – Strive to find creative solutions that are in the best interest of the customer and the business.
• Business Knowledge – Rapidly gain strong knowledge of the company’s business, products, and governing regulations.
• Communication Skills – Express thoughts and ideas clearly in both written and verbal format.
• Execution – Demonstrate a sense of urgency to achieve results and meet deadlines.
• Initiative – Proactively address current and potential challenges and opportunities.

What Can Give You an Edge (Additional Skills)

• Educated in a technical field (Mathematics, Economy, or other relevant areas). Actuarial education is an asset.
• Exams at the Institute and Faculty of Actuaries from the UK or equivalent are appreciated.
• Experience in pricing of life products is an asset.
• Strong mathematical and analytical skills.
• Proficiency in English.
• Strong computer skills in all MS packages.

What We Offer:

• Friendly environment with multiple career development opportunities.
• Inclusive and multicultural team where you can create an impact with your innovative ideas.
• Various learning and development programs adapted to your needs and goals.
• Attractive salary and yearly additional compensation, according to your performance.

Benefits We Offer

Our benefits address holistic wellbeing with programs for physical and mental health, financial wellness, and support for families. We offer comprehensive healthcare paid for by the company and access to a private medical subscription, as well as a MultiSport card that gives you access to a wide range of sports facilities.

You’ll enjoy a hybrid way of work with flexible hours, financial subsidies, an annual performance bonus, and a vacation bonus. In addition to your standard paid time off, you also get one “special day” off to use when you choose.

About MetLife

MetLife Poland, based in Warsaw, is a Center of Excellence (CoE) providing services focused mainly on Finance, Actuarial, Procurement, and IT. Our CoE supports EMEA markets and services global teams.

Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World’s Best Workplaces, MetLife, Inc. is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management.