Description

Description 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 perform quantitative analysis in underwriting, pricing, and closing in alignment with MetLife's enterprise strategy. The role will support the pricing across the various products offered within Risk Solutions with a focus on UK Longevity Reinsurance and UK Funded Reinsurance. The role will work closely with all RIS business and functional partners, including actuarial, investments, operations, legal, risk and finance. The candidate will help to create value to RIS through new business pricing with their skillset to evaluate and price risk with appropriate returns. The candidate will use their critical thinking skillset to challenge processes and assumptions to ensure underwriting and pricing results are accurate.

Key Responsibilities:

• Financial modeling of liability cashflow, reserve, asset return, capital projection, and risk sensitivities
• Analysis of pricing metrics including return on investment, value of new business, and capital deployed
• Underwriting including using predictive mortality model and deal specific experience analysis
• Analyze and propose assumptions for marital status and spouse age for unknown population
• Support and develop pricing quotes for large new business transactions across all Risk Solutions products
• Identify opportunities to reduce risk and improve pricing for the Risk Solutions products
• 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

Essential Business Experience and Technical Skills:

Required:

• Bachelor's degree in actuarial science, math, statistics, economics, or related discipline
• 5+ years of experience in insurance and or reinsurance
• Strong skills using Microsoft Excel
• Strong analytical, financial modeling and problem-solving skills
• Ability to operate effectively in a highly-matrixed environment

Preferred:

• Fellow of the Society of Actuaries
• Experience pricing for group annuity or group life risks
• Experience with case specific mortality underwriting
• Experience using Alteryx and Prophet

The expected salary range for this position is $114,000 - $152,100. This role may also be eligible for annual short-term incentive compensation. 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. At MetLife, it's #AllTogetherPossible . Join us!

MetLife is an Equal Opportunity Employer. All employment decisions are made without regards 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 (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").

If you need an accommodation due to a disability, please email us at accommodations@metlife.com. 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.

$114,000 - $152,100


Requisition #: 12777

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