Reinsurance Actuary

Description and Requirements

The Team You Will Join

The Reinsurance function within MetLife helps the organization manage risk and optimize capital efficiency, contributing to dividend capacity and new business growth. It is led by the Global Head of Reinsurance, with activity in MetLife’s EMEA region led by an AVP Reinsurance lead and supported by a Reinsurance Actuarial team and Reinsurance Administration team. The Reinsurance Actuarial team is responsible for strategic initiatives, reinsurance solution design, supporting administration, governance, and reporting.

The Opportunity

This role will support all aspects of activity in the team, working closely with an existing team of actuaries focusing on the following key areas:

• Reinsurance transaction development and negotiation,
• Analysis and reporting on the EMEA Reinsurance portfolio (both qualitative and quantitative) to executive management team(s),
• Supporting administration, particularly with respect to the specification of settlement models, and
• Supporting the implementation of the Reinsurance Change Management Process and ensuring compliance with Reinsurance Policy and Strategy.

Success in this role requires 5+ years of experience pricing and structuring insurance or reinsurance products and excellent communication and negotiation skills. The Reinsurance Actuary is responsible for supporting the development of reinsurance transactions and contributing directly to key aspects of that process, particularly actuarial modeling and financial analysis of the cost/benefit of different reinsurance structures. You’ll collaborate closely with the global reinsurance team, EMEA Finance, and in-country actuaries in an environment where every contribution is respected, and every perspective is heard.

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

• Lead the development of analyses to assist in reinsurance decision-making.
• Create materials describing the impact of reinsurance actions for a broad EMEA management audience.
• Oversee the development of settlement models to be used in reinsurance administration.
• Manage internal and external relationships, including negotiating timelines for deliverables.
• Develop models and frameworks.
• Coordinate execution of contract documents.

What You Need to Succeed (Required Qualifications)

• Completion or near completion of a recognized actuarial designation.
• Fluency in and creative use of advanced Excel.
• Excellent verbal and written communication skills.
• Willingness to challenge and influence others at all levels of the organization.
• Desire to learn and collaborate.

What Can Give You an Edge (Additional Skills)

• Specific knowledge and experience structuring and pricing reinsurance.
• VBA/Python programming skills.
• Fluency and creativity with PowerPoint.
• High collaborative style.

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

Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces™ for 2024, 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.