AVP & Actuary (SBR)

Description and Requirements

AVP & Actuary - SBR

Location: Bridgewater, NJ preferred

The Team You Will Join

This position reports to the Vice President of Life Products, which is a part of MetLife's Retirement and Income Solutions (RIS) line of business. This is a leadership position within the Specialized Benefit Resources (SBR) group, which provides products and solutions across Corporate and Bank-Owned Life Insurance (COLI/BOLI) markets.

This individual will assume management and oversight for a team responsible for product development, underwriting, illustrations to meet sales goals, and managing the inforce block of business to achieve financial targets.

The Opportunity

The AVP for SBR is responsible for leading and executing the vision and strategy to ensure profitable growth and achieve financial targets. This role will partner and collaborate with various disciplines including investments, pricing, finance, actuarial, and other technical units in developing, refining, and implementing new business.

The AVP will also be responsible for developing term sheets and negotiating elements of MetLife's product offering including pricing, product structure, and terms.

The AVP will be responsible for establishing/refining appropriate market and financial metrics, tracking and reporting, and implementing tactical plans for both new and inforce business focusing on earnings growth.

Success in this role requires strong communication and influencing skills outside of direct reporting lines. The AVP role will engage regularly with senior management, clients, intermediaries, and regulators.

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

• Lead a team of 4-5 direct reports and 8-10 associates overall with highly specialized subject matter expertise in the COLI/BOLI markets
• Create comprehensive performance plans and objectives for your team and provide motivational leadership and education
• Manage activities, planning, performance, and development opportunities while removing barriers to achieving results
• Develop a diverse staff through coaching, identifying training needs, and building a collaborative culture for continuous improvement
• Coordinate resources and align goals across functional areas and business partners

What You Need to Succeed (Required Qualifications)

• 10+ years of relevant business experience including finance, actuarial, underwriting, or risk management
• Strong technical expertise in life insurance products/market solutions
• Strong leadership, organization, communication, and negotiation skills required
• FINRA registration (series 6, 7, or 26) required or ability to obtain within 6 months

What Can Give You an Edge (Additional Skills)

• Industry designation such as FSA or ASA or graduate degree preferred

The expected salary range for this position is $180K to $215K. 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.

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™, 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 our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services.

MetLife is an Equal Opportunity Employer. All employment decisions are made without regard 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.

If you need an accommodation due to a disability, please let us know.

MetLife maintains a drug-free workplace.