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Job Details

Senior Actuary

Company name
Metropolitan Life Insurance Company - MetLife

Location
New York City, NY, United States

Employment Type
Full-Time

Industry
Actuarial, Insurance

Date Last Verified
Jun 14,2019

Posted on
Jun 13,2019

Valid Through
Sep 26,2019

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Profile

Date Posted:

Jun 13, 2019

Location:

New York, NY, US, 10166

Company:

MetLife

Job Location:

United States

New York

New York

Role Value Proposition:

This position provides broad-based, strategic input and project management for the US Pensions business. Key strategic initiatives include aligning US Pensions product re-engineering and resource redeployment to be consistent with MetLife’s new strategic paradigm of accelerating value. This position has significant senior management exposure, during the governance and approval process for larger PRT cases or for PRT cases with new product features (eg. buy-ins or deferreds).

Key Responsibilities:

Proactively research institutional retirement markets, understand competitive set, identify new opportunities, and report findings to PRT business leaders.

Perform analytics and financial modelling related to strategic initiatives for pensions business eg new product features such as buy-ins or deferreds.

Act as liaison to internal and external business partners related to PRT and broader RIS strategic initiatives. Prepare presentations regarding PRT strategic initiatives for senior leaders and executive board.

Provide project management for the roll-out of key initiatives and report status to US Pensions business leaders.

Act as the US Pensions liaison with other organizations within MetLife that impact strategic initiatives such as Corporate Strategy, Finance, Legal and Marketing.

Develop pricing sensitivities and ad-hoc scenario analyses required for governance and approval of large or unusual PRT cases, including preparation of presentations for senior leaders and executive group.

Provide support for ad hoc strategic projects that promote growth within the US Pensions business.

Essential Business Experience and Technical Skills:

Required:

Bachelor's degree in actuarial science, math, statistics, economics, or related discipline.

FSA, ASA or CFA with 7 years of insurance industry experience with comprehensive business knowledge

Strong analytical, financial modeling and problem-solving skills

Strong presentation and written communication skill

Ability to operate effectively in a highly-matrixed environment.

Ability to communicate clearly and concisely both orally and in written form across all levels of the company.

Attention to detail and accuracy.

Tact and discretion in handling sensitive and confidential information

Preferred:

Strong knowledge in Retirement products.

Thorough understanding of annuity products and strong quantitative and financial skills.

Experience in life and annuity reinsurance.

Business Category

US Business – Retirement & Income Solutions

Number of Openings

1

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 is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on 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.

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

Requisition #: 109751 

Nearest Major Market:

New York City

Company info

Metropolitan Life Insurance Company - MetLife
Website : https://www.metlife.com

Company Profile
MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLife, Inc. was founded in 1863 and is based in New York, New York.

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