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Job Details

Senior Actuarial Associate Expereinced ASA Bridgewater NJ

Company name
Metropolitan Life Insurance Company - MetLife

Bridgewater, NJ

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This is not an actual job opening. Applicants for this posting will be contacted by the Actuarial Development Program (ADP) when a suitable position in the ADP becomes available. Role Value Proposition: Participates in the rate-making, reserving, and risk evaluation functions. Counsels management and advises on underwriting functions that require actuarial or mathematical techniques to determine appropriate courses of action. Assures preparation and interpretation of data in support of rate filings with various state insurance departments. Determines rates of mortality, sickness, retirement, etc. based on analysis of statistical data. Assists in design of insurance plans, calculation of premiums, determining cash reserves and premium rates necessary to ensure sufficient funds for benefits payment and profitability. Key\u00a0Responsibilities: Initiates, organizes, coordinates, and analyzes actuarial research and audits. Develops actuarial assumptions and directs the development of policy values. Develops and maintains profit studies, reserve non-forfeiture values and GAAP, PC-based programs, rate files, and procedures. Prepares the actuarial portions of the financial statements and income tax returns. Performs other related duties as assigned or required. Supervisor Responsibilities: None. May provide guidance to junior staff members or function as a project leader. Essential Business Experience and Technical Skills: Bachelor's degree in mathematics, statistics or actuarial science. Committed to completing the Society of Actuaries' education system courses necessary to attain FSA designation. Obtained ASA designation except, possibly, attendance at the Associateship Professional Course. Good computer skills. Good communication skills. 2 yrs. related actuarial business experience PRGADP Salary Grade 11M\u00a0 Travel None Business Category Financial Management Group Contact Information Maggie Renna - Hiring Manager Lisa Fellen 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.

Company info

Metropolitan Life Insurance Company - MetLife
Website :

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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