Senior Actuary

Description and Requirements

The Team You Will Join

The Actuarial team at MetLife is an integral part of the company's financial and risk management operations. Positioned within the Finance function, this team is responsible for all aspects of actuarial financial and solvency reporting, assumption setting, and oversight on product developments.

They play a crucial role in ensuring the company's financial stability by contributing to both risk and capital management. Additionally, the Actuarial team collaborates with other departments to provide insights that assist in making business decisions and ensuring regulatory compliance.

The Opportunity

Working closely with the Head of Actuarial Function, the role of Senior Actuary assists the review of Solvency II Pillar I valuation, ORSA, and the timely submission of actuarial reports to the MetLife Europe and MetLife UK Boards and associated regulators.

The role is suited to a driven actuary with a proven track record of successfully leading both project and financial reporting work, and strong report writing and communication skills. This position is ideal for someone looking to progress into a Head of Actuarial Function role within the life sector in the medium/long term.

You’ll collaborate closely with other Finance functions, Operations, and Risk in an environment where every contribution is respected, and every perspective is heard.

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

• Performing all aspects of actuarial work, including financial reporting and solvency reporting.
• Review and evaluation of the quarterly reserves and capital requirements, liaising closely with various stakeholders.
• Production of quarterly packs for management reporting and presentation of this information to the Company’s Exec and Board.
• Engaging with Company senior management to assist them in areas like financial risk, product distribution, and capital management.
• Evaluation of the Own Risk Solvency Assessment (ORSA) projections and preparation of relevant reports.
• Assist internal and external audit, peer review, and manage regulatory interactions with the CBI and PRA.
• Maintaining Actuarial Function documentation of key processes, procedures, and results.
• Assisting the continued enhancement of reporting processes, introducing efficiencies within the actuarial function, and increasing automation.

What You Need to Succeed (Required Qualifications)

• Strong record of success in leading an Actuarial team and meeting project and regulatory deadlines.
• Excellent report writing skills with experience preparing reports for Company Executive Committees and Board.
• A strong desire to ultimately progress to be a HoAF in the medium/long term.
• An Actuarial Qualification (preferably FIA or FSAI) with 2-3 years post qualification experience.
• Ability to work collaboratively with other teams to build relationships and meet tight deadlines.
• An ability and desire to communicate clearly to senior management.
• Previous experience in managing regulatory interactions with the CBI or PRA.
• Strong desire to collaborate with teams on innovative technologies, including AI tools.

What Can Give You an Edge (Additional Skills)

• Detailed knowledge of Solvency II requirements.

Benefits We Offer

Our Ireland benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We are committed to employee care by delivering comprehensive inclusive offerings and cultivating an environment that drives professional growth, purposeful work, and a supportive culture.

Our benefits package includes hybrid work, career development and professional qualification support, full private health insurance for employees and their immediate family members, income protection, defined contribution pension benefits, and much more!

About MetLife

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.

Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we’re inspired to transform the next century in financial services.