AVP & Actuary (Pension Risk Transfer Pricing)

Location(s)

• Posting Location: New York, New York
• Posting Location: Bridgewater, New Jersey

City/Cities: Bridgewater, New York

Country: United States

Working Schedule: Full-Time

Work Arrangement: Hybrid

Travel Required: 10%

Relocation Assistance Available: No

Posted Date: 14-Aug-2025

Job ID: 11622

Description and Requirements

Title: AVP & Actuary – Pension Risk Transfer Pricing

Location: New York, NY

Alternate Location(s): Bridgewater, NJ

Setting: Hybrid

Reports to Title: VP RIS Annuity Pricing

Travel:< 10%

The Opportunity

The Retirement & Income Solutions (RIS) Annuity business is seeking an AVP & Actuary, a key and highly visible leadership role within the US Pension Risk Transfer Pricing team. Reporting to the Vice President, Annuity Pricing, this role will provide actuarial and technical leadership for pension risk transfer transactions and other key strategic initiatives in the Pensions business.

This position will also be a people manager for associates and directors within the team. It interacts closely with all areas of RIS, including Product, Contracts, Implementation, Operations, as well as with enterprise stakeholders such as Finance, Actuarial, Risk, Investments, Legal, Tax, Accounting, and Treasury to respond to pricing needs for new business transactions and in-force management.

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

• Lead and supervise PRT case level pricing from end-to-end: Perform, manage, and lead PRT case level pricing including review of plan documents; analyze participant & case data; recommend assumptions; perform calculations and sensitivity analysis; analyze profitability; review investment portfolios; review offer letters and contracts; post-sale coordination with & delivery of pricing results to internal and external stakeholders.
• Proactively coordinate with stakeholders and recommend and develop pricing & reinsurance strategies and methodologies, including custom solutions.
• Present pricing results, analysis, and recommendations to executive leadership.
• Act as the primary point person to provide actuarial leadership and support to internal partners (including Implementation, Contracts, & Operations) on all pricing & post-sale items, including amendments, calculation tools, and conversions; ensure timely execution; identify and implement end-to-end process and control improvements.
• Oversee & enhance all pricing and post-sales processes & functions to enhance the quality of work & improve efficiency.
• Ensure effective training, cross-training & development of entire PRT pricing team.
• Serve as people manager for approximately 5 associates / directors within the Annuity pricing team.

What You Need to Succeed (Required Qualifications)

• Bachelor's degree in mathematics, statistics or actuarial science or related discipline.
• Broad knowledge of buy-in, buy-out, qualified and non-qualified pension products, defined contribution and defined benefit pension plans, competitive trends, and U.S. regulatory environment for retirement annuities.
• 10+ years actuarial experience, including at least 2 years in the Pensions space.
• FSA with Society of Actuaries.
• Proven ability to manage timelines for and execute on time-sensitive deliverables.
• Proven experience managing, training, mentoring, and developing actuarial students.
• Strong quantitative and communication skills. Able to concisely present orally and in presentations.
• Strategic and analytical thinker with ability to focus on details. Able to quickly spot issues and develop a recommended approach.
• Strong collaborative skills and proven leadership on cross-functional projects.
• Self-starter with ability to effectively manage and supervise multiple projects and priorities simultaneously.
• Strong computer skills (Excel, Access, Visual Basic, Prophet).
• Excellent analytical and spreadsheet skills.

Benefits We Offer

Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!

About MetLife

Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™ for 2024, as well as the Fortune 100 Best Companies to Work For ®, 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. Join us!

MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law.

MetLife maintains a drug-free workplace.

The expected salary range for this position is $161,000 to $214,600. This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.