Share this Job

Sr. Actuarial Consultant - Group Disability

Apply now »

Date Posted: Sep 30, 2022

Location(s): Bridgewater, NJ, US, 8807

Company: MetLife

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.


Role Value Proposition: 


MetLife’s Group Life & Disability Pricing Team provides support to various key stakeholders including Underwriting, Finance, Actuarial, and Product teams. The primary objective of this role is to enhance data analytics capabilities for all disability pricing functions including assumption setting, supporting renewal data functionality within pricing tools, and conduct ad-hoc challenging pricing and reserving analysis. This role will be viewed as an expert on developing automation process solutions, building visualization dashboards, as well as developing & enhancing predictive models using software such as Alteryx, Power BI, R, and Python.


Key Responsibilities:


  • Conduct data mining and validation analysis from various large data sources in preparation for various pricing / reserving assumption studies across all disability products including LTD, STD, and Absence Management Solutions
  • Create predictive models to enhance claim cost estimates
  • Build visualization tools to analyze large volumes of data primarily to identify pricing strategy opportunities
  • Automate quarterly claim incidence and termination studies
  • Perform profitability analysis on all disability products
  • Support disability manual rate study reviews


Essential Business Experience and Technical Skills:



  • Bachelor’s degree in actuarial science, math, statistics, economics, or related discipline.
  • 3+ years of experience in data analytics, manipulating and analyzing large amounts of data, or similar experience.
  • Strong analytical and problem-solving skills.
  • Excellent communications skills.



  • Insurance industry experience is highly preferred in either Group products or P&C setting
  • Experience with programming languages, such as VBA, SQL, Python, R, Alteryx, and Power BI
  • Knowledge of Group Benefit products.
  • Strong presentation, written, and project management skills.
  • Ability to work independently.
  • Actuarial designation ASA/ACAS or higher a plus but not required



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.


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.