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MetLife is hiring an

Actuary (Strategy & Development)

Role Value Proposition:

Reporting to the Vice President of Risk Solutions, this position plays a key role to accelerate profitable business growth and optimize shareholder value across Retirement Income Solutions (RIS). The new role focuses largely on pricing support for RIS growth efforts covering new product development, market entry for new markets, and development of innovative capital solutions.

The RIS business, one of the largest U.S. segments in MetLife, has a wide variety of products, including pension risk transfer products, longevity reinsurance, GIC/Funding agreements, stable value products, structured settlements, Institutional Income Annuities, and PRB & SBR Products.

The successful candidate will independently execute RIS growth initiatives. The role will work closely with corporate functional partners, including reinsurance, treasury, risk, actuarial, finance, investments, legal, and operations, and will be highly visible within the organization.

Key Responsibilities:

  • Pricing feasibility assessment for new RIS growth markets.
  • Pricing model development for new RIS growth markets.
  • Contribute to the efforts to improve capital efficiency and enhance the business value for RIS.
  • Collaborate with Reinsurance, Treasury, Risk, Actuarial, Finance, Investment, and other business functions.
  • Communicate results to business partners and senior management.

Essential Business Experience and Technical Skills:

Required:

  • Bachelor’s degree in actuarial science, math, statistics, economics, or related discipline.
  • FSA, ASA, or CFA with 5+ years of insurance industry experience with comprehensive business knowledge.
  • Strong financial modeling, analytical, and problem-solving skills.
  • Good presentation and written communication skills.
  • Good knowledge of reinsurance and capital framework.
  • Ability to operate effectively in a highly matrixed environment.

Preferred:

  • Prior experience in ALM or Reinsurance is a plus.
  • Strong knowledge in Retirement products.
  • Strong knowledge in reinsurance and capital framework.
  • Strong knowledge or ability to quickly learn, MetLife's processes and systems.
  • Good understanding of income statements and balance sheets.

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.

The wage range for applicants for this position is $112,000-150,000. This role is also eligible for annual short-term incentive compensation. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services, and paid time off. All incentives and benefits are subject to the applicable plan terms.

Equal Employment Opportunity/Disability/Veterans

If you need an accommodation due to a disability, please email us. This information will be held in confidence and used only to determine an appropriate accommodation for the application process. MetLife maintains a drug-free workplace.

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