Bridgewater NJ

Charlotte NC

New York NY

Tampa FL

Qualified

Senior Actuary

Life

Investments

Health

Products

Reserving

Risk

Modelling

Experience Analysis

Prophet

Motor

Pricing

Valuation

Longevity

Power BI

Alteryx

Location(s):<ul><li>New York, New York</li><li>Bridgewater, New Jersey</li><li>Charlotte, North Carolina</li></ul>Country: United StatesWorking Schedule: Full-TimeWork Arrangement: HybridTravel Required: 10%Relocation Assistance Available: NoPosted Date: 14-Apr-2025Job ID: 7660Description and RequirementsRole Value Proposition:This strategic actuarial position will play an integral role on the MetLife Resources (MLR) leadership within Retirement Income Solutions (RIS). The MLR business provides group defined contribution retirement plan products and services in various industries. The scope of the business is ~$13B in assets under administration, $70M in pre-tax earnings, ~13K employer groups, and ~280K participants.The successful candidate will report to the VP & GM of MetLife holdings and be a member of the MLR leadership team. Demonstrating a commercial mindset and ability to prioritize and deliver results for impact, this role will be the group annuity product strategy and implementation owner for MLR. This is a visible role to senior leaders within the RIS Leadership Team and other business & corporate functions, allowing opportunities to influence management decisions and drive results.This role will lead the product and pricing strategy for the group defined contribution retirement plan business, which includes leading renewal and RFP pricing and product development and analysis. The role will work closely with all RIS business and functional partners, including actuarial, investments, operations, legal, risk, and finance.The candidate will also help create value to RIS through renewal and retention business pricing with their skillset to evaluate and price risk with appropriate returns and all economic drivers. This candidate will also develop and maintain mutual fund strategy and fund line-ups, exploring cross-sell opportunities within MetLife’s portfolio of tangential businesses.There is the potential for this candidate to use their leadership skillset in the immediate term to coach regional management teams through client interactions and medium- to long-term guide and manage a small team of technical individuals (i.e., data analysis) or actuaries.Key Responsibilities:<ul><li>Provides product positioning and coaching to regional management teams.</li><li>Leads renewal and RFP pricing for existing products clients, as well as leads development and implementation of new products.</li><li>Develops and maintains mutual fund strategy and fund line-up, explores and defines new cross-sell opportunities at MetLife.</li><li>Completes division’s underwriting, including using a predictive mortality model and product-specific mortality experience analysis.</li><li>Reviews and certifies all product and pricing assumptions and documentation.</li><li>Prepares presentations and discussions with key stakeholders to agree on mortality assumptions.</li><li>Financial modeling of liability cashflow, reserve, asset return, capital projection, and risk sensitivities.</li><li>Analysis of pricing metrics including return on investment, value of new business, and capital deployed.</li><li>Owns the pricing strategy and facilitates collaboration with business leaders at pricing governance meetings.</li><li>Potential to lead a small team of technical colleagues and/or actuaries on data analysis or strategic initiatives as needed.</li><li>Interacts with external clients through discussions on active and potential future initiatives.</li><li>Partners closely with business lead, R&D team, investments, finance, risk, legal, and other corporate functions to structure deals to optimize profitable opportunities for MetLife.</li></ul>Essential Business Experience and Technical Skills:Required:<ul><li>Strong presentation and written communication skills.</li><li>Analytical, financial modeling, and problem-solving skills, attention to detail.</li><li>Leadership qualities to coach colleagues and field force, potential to manage and professionally develop a small team.</li><li>Ability to operate and deliver effectively in a highly-matrixed environment.</li><li>Ability to analyze data and make accurate and informed decisions.</li><li>7+ years of experience in insurance and/or reinsurance, particularly group annuities.</li><li>Strong knowledge of annuity products, regulatory requirements, and industry best practices, particularly in 403(b), 457, and 401(k) markets.</li><li>Fellow of the Society of Actuaries.</li><li>Bachelor’s degree in actuarial science, math, statistics, economics, or related discipline.</li><li>Proven track record of driving operational efficiency and process improvements.</li></ul>Preferred:<ul><li>Experience pricing for group annuities in 403(b) and 457 tax markets, and with case-specific mortality underwriting.</li><li>Experience using Prophet and other technical actuarial programs.</li><li>Experience in Alteryx, Power BI Dashboards, and other data analytics tools.</li></ul>The salary range for applicants for this position is $145,000 - $180,000 + Annual Bonus.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 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 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. 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.

Location(s):<ul><li>Posting Location: New York, New York</li><li>Posting Location: Bridgewater, New Jersey</li></ul>City/Cities: Bridgewater, New YorkCountry: United StatesWorking Schedule: Full-TimeWork Arrangement: HybridRelocation Assistance Available: YesPosted Date: 09-Dec-2024Job ID: 5683Description and Requirements:Role Value Proposition:This actuarial position will play an integral role on the Risk Solutions pricing team within Retirement Income Solutions (RIS). The Risk Solutions business has a wide variety of products, including UK Reinsurance, Specialized Benefit Resources, and Post Retirement Benefits.The successful candidate will report to the VP Risk Solutions Pricing lead and support the quantitative analysis in underwriting, pricing, and closing in alignment with MetLife’s enterprise strategy. This is a visible role to senior leaders within the RIS Leadership Team and other business and corporate functions, allowing opportunities to influence management decisions and drive results.This role will lead the pricing across the UK Reinsurance product, focusing on underwriting and pricing longevity reinsurance transactions. The role will work closely with all RIS business and functional partners, including actuarial, investments, operations, legal, risk, and finance.The candidate will help create value to RIS through new business pricing with their skillset to evaluate and price risk with appropriate returns. There is the potential for this candidate to use their leadership skillset to guide and manage a small team of actuaries.Key Responsibilities:<ul><li>Underwriting including using a predictive mortality model and deal specific mortality experience analysis</li><li>Presentations and discussions with key stakeholders to agree on mortality assumptions</li><li>Financial modeling of liability cashflow, reserve, asset return, capital projection, and risk sensitivities</li><li>Analysis of pricing metrics including return on investment, value of new business, and capital deployed</li><li>Support the pricing strategy and collaborate with business leaders at pricing governance meetings</li><li>Potential to lead a small team of actuaries within new business underwriting and pricing for UK Reinsurance</li><li>Interact with external clients through discussions on active and potential future transactions</li><li>Partner closely with business lead, R&D team, investments, finance, risk, legal, and other corporate functions to structure deals to optimize profitable opportunities for MetLife</li></ul>Essential Business Experience and Technical Skills:Required:<ul><li>Strong presentation and written communication skills</li><li>Analytical, financial modeling, and problem-solving skills</li><li>Leadership qualities to potentially guide and manage a small team</li><li>Ability to operate effectively in a highly-matrixed environment</li><li>7+ years of experience in insurance and or reinsurance</li><li>Fellow of the Society of Actuaries</li><li>Bachelor’s degree in actuarial science, math, statistics, economics, or related discipline</li></ul>Preferred:<ul><li>Experience pricing for group annuity risks and with case specific mortality underwriting</li><li>Experience using Prophet</li></ul>The salary range for applicants for this position is $134,300 - $182,600.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 2024 "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™ for 2024, as well as the 2024 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!Equal Employment Opportunity/Disability/Veterans:If you need an accommodation due to a disability, please let us know. 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.$134,300 - $182,600

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. We’re united by our purpose to help our customers and each other create a confident future; we’re guided by empathy; and we’re inspired by each other to make a difference in the lives of our coworkers, customers, communities, and the world at large. At MetLife, it’s #AllTogetherPossible. Join us!Internal Audit (IA) is an independent, global organization that plays an important role in partnering with the business to ensure that management anticipates, recognizes, and appropriately manages risks. We protect MetLife and our stakeholders through meaningful independent assurance and advice while advocating for risk management and internal controls.We are looking for an Actuarial Audit Director who would be excited to join a dynamic and highly collaborative team. The Actuarial Audit Director is responsible for performing audits of financial, operational, and compliance risk management as well as legal management processes. The individual should be comfortable sharing their ideas, building client relationships, and delivering high quality and impactful results to stakeholders.Key Responsibilities:<ul><li>Assess key risks and control structure of actuarial processes across the enterprise.</li><li>Partner with actuarial and business management in first and second lines to ensure that key business risks are anticipated, recognized, and appropriately managed to prevent/detect adverse effects on operations.</li><li>Provide subject matter knowledge to Internal Audit associates in developing audit scope and approach that focus on the key risks for individual audit engagements.</li><li>Perform and advise on identification as well as assessments of risks and control effectiveness in accordance with department methodology.</li><li>Coordinate with key management stakeholders in developing the audit pipeline and execution of individual audits.</li><li>Prepare audit deliverables that meet departmental and professional standards of quality. Perform detailed quality review of work of other associates to ensure conclusions and findings are adequately supported.</li><li>Draft and communicate audit findings to management, provide recommendations on action plans, and assist in drafting of audit reports.</li><li>Provide audit leaders accurate and timely status of audit deliverables, including resolution of audit delays.</li><li>Develop junior staff through ongoing coaching and timely feedback on audit deliverables.</li><li>Maintain ongoing relationships with key business contacts to stay current on management initiatives as well as new/changing risks and processes.</li><li>Handle key actuarial aspects of large-scale, very complex, or high profile audits</li><li>Serve as liaison to external auditors and interacts with regulatory agencies by providing responses and comments regarding moderately complex audit issues and procedures</li><li>Serve as high-level technical expert or lead a team to conduct selected audits and assign responsibilities to team members. May manage multiple audit projects.</li></ul>Essential Business Experience and Technical Skills:Required:<ul><li>3-7 years of experience post-FSA</li><li>Knowledge of insurance product development as well as credit and market risk management</li><li>Strong analytical, deductive, and problem-solving skills</li><li>Strong written and verbal communication, relationship management, interviewing, and listening skills</li><li>Curious and inquisitive individual that applies professional skepticism and open to learning generally accepted audit standards and audit methodology</li><li>Advanced knowledge of the financial services industry, modeling, financial risk management (credit, market, product), insurance operations, and data management</li><li>Expert knowledge of tools used for data analysis and analytics</li></ul>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.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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine’s 2021 list of the “World’s Most Admired Companies.”MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.The wage range for applicants for this position is $131,600 to $175,500. 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.We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.MetLife maintains a drug-free workplace.

The US Chief Actuary is the senior leader responsible for managing all actuarial services for the US. This leadership role oversees a team of approximately 125 in all aspects of valuation, including US GAAP, Statutory, Embedded Value, economic capital and ALM. The US Actuary oversees all experience studies and development of the asset and liability actuarial assumptions for both existing and new business. The role also oversees product pricing assumptions for the Group and RIS businesses, as well as actuarial model development and implementation.The US Chief actuary is a member of the US asset liability management committee, and key participant in the asset liability management governance process, with responsibility to explain both qualitative and quantitative properties of the liabilities of the firm to the Investment Department so that appropriate investment guidelines and strategies can be developed.The US Chief Actuary is also the Appointed Actuary for the NY statutory entity, with responsibility to perform asset and reserve adequacy analysis. In this position the actuary reports the NY Department of Financial Services, and the Board of Directors of MLIC. Other key stakeholders include ratings agencies, senior management (including CFO, Treasurer, CAO, and CIO) and key business leaders.As a key member of the senior management team, this role will also be responsible for driving the actuarial transformation effort by changing the way we work (leveraging data, automation, standardization and simplification as key levers to optimize performance).Key Responsibilities:<ul><li>The Chief Actuary for the US is responsible for all aspects of Product, Pricing and oversight, and Valuation/Reserving in the region</li><li>For regulatory, financial and risk management purposes the actuarial team must develop and deploy cash flow testing, risk-based capital, stress testing, and market-risk related economic capital models of MetLife’s US business. All businesses of MetLife are covered, including all life, health, and annuity products.</li><li>Lead, develop and build a team of motivated and highly engaged actuaries to value the US business correctly and efficiently on statutory, GAAP and EV bases.</li><li>Communicate technical and complex actuarial matters with clarity to enable various audiences to receive information in a simple and effective manner that garners trust.</li><li>Create a collaborative environment within the business to give proactive advice to the various stakeholders and leaders.</li><li>Drive improvements in actuarial techniques and technology to measure and improve free cash flow to the enterprise.</li><li>Partner with CFOs and other financial professionals to provide management information to stakeholders.</li><li>Develop and maintain appropriate management metrics useful for decision making and to enhance understanding of the underlying business drivers (expense, investments, mortality, productivity, persistency, etc.)</li><li>Maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions. Manage relationships with critical service providers for reinsurance, external audit, legal and tax counsel, among others. Ensure that competitively priced and high-quality service is obtained when necessary.</li></ul>Key Requirements:<ul><li>Bachelor's degree in mathematics, statistics, or actuarial science. FSA and MAAA designations.</li><li>15+ yrs. relevant actuarial experience focused on Life, Health, and Annuity products</li><li>Knowledge of and experience with US products, US GAAP and statutory reporting principles is primary importance.</li><li>Hands-on experience in Risk Management and/or Investments would be highly desirable.</li><li>The US Chief Actuary should be a natural potential successor to the Global Chief Actuary.</li><li>Experience building and managing a team in a matrix organization is essential. Strong technical and analytical skills with attention to detail.</li><li>Focused on clear and concise verbal and written communications.</li><li>Capable of becoming a Trusted Advisor to the CFO, CRO, Global Chief Actuary and the Business Unit leaders.</li><li>Able to manage department and IT budgets as well as vendor expense management.</li><li>Committed to developing actuarial talent.</li><li>Periodic travel based on business need</li></ul>Leadership Competencies:<ul><li>Thinks Strategically - Sets direction aligned to the company’s strategy, applying external and global perspective to meet local and global needs.</li><li>Motivates People - Gains people commitment to achieve business objectives through clear communication of the company’s vision and flexing leadership styles to inspire high performance.</li><li>Creates Partnerships - Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives.</li><li>Grows Talent - Inclusively and pro-actively develops talent, empowers individuals and manages diverse teams to drive engagement and performance.</li><li>Results - Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards.</li></ul>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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine’s 2021 list of the “World’s Most Admired Companies.”About MetLifeMetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law. MetLife maintains a drug-free workplace.The wage range for applicants for this position is $350,000 to $400,000. This role is also 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 OfferOur U.S. benefit programs are geared toward health and wellness, financial protection, and retirement savings. In addition to comprehensive health coverage including medical/prescription drug, dental, vision, and no-cost short- and long-term disability benefits also include:<ul><li>Retirement plan (cash balance pension) with a minimum monthly contribution regardless of an employee’s pay and 401(k) with employer matching</li><li>Company-paid life insurance and legal services, and discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance</li><li>Employee Assistance Program (EAP) and digital mental health programs</li><li>Expert support for medical second opinions, cancer care navigation, diabetes and hypertension, weight loss/fitness, joint and spine health, caregiving, and more</li><li>Generous paid time off, including a floating cultural heritage day</li><li>Paid volunteer time off and charitable contribution match</li><li>Tuition assistance</li><li>Family benefits including paid parental leave, adoption and surrogacy assistance, child and eldercare support, college advising program</li></ul>

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