Actuarial Consultant

Actuarial Consultant - UK Product

Job location: Hybrid; Brighton (at least two days in the Brighton office)

Interviews to commence from 4th October 

We are a company driven by a solid set of principles (see below) and purposes such as diversity, equity, and inclusion. Our working culture provides flexibility and naturally a ‘hybrid’ working model as standard. We are part of the Women in Finance Charter, an initiative set up by the UK’s HM Treasury. We want to benefit from the many positives that come by having a more diverse working culture throughout all levels of seniority and lines of business. Our workforce enjoys excellent benefits, including private healthcare, a brilliant pension, and a host of other benefits to ensure you and yours are kept safe and protected.

MetLife Success Principles

• Build Tomorrow – We change and innovate for sustained performance
• Win Together - We collaborate and empower each other to succeed
• Own It - We deliver for our customers

You’ll be joining a business that is expanding, cares about the community and the environment. You will get a 9% pension as standard, increasing to 13% company max contribution (plus your 4% = a 17% pension). You can also get up to 31 days holiday, hybrid working, life assurance - employee, income protection, private medical insurance, mortgage advice, gadget cover, life assurance - partner, critical illness, travel insurance and dental cover.

Role Value Proposition: 

This role involves:

1. Ownership and review of spreadsheet and modelling calculations in the actuarial pricing team
2. Provide technical expertise and consultation on modelling problems
3. Working closely with the Head of Pricing and Head of Product to deliver satisfactory outcomes

Key Responsibilities: 

1. Financial Modelling and reporting

1. Review actuarial and underwriting assumptions in pricing models
2. Monitor experience in our existing book, optimize value
3. Engagement with stakeholders across Global Risk Management, EMEA and the UK to achieve success

2. Contribute to the Product Development Process

1. Lead experience analyses and assumptions setting, market research and pricing analyses
2. Manage and complete numerical components of product approval documentation in conjunction with stakeholders

3. BAU Activities
   1. Work closely with other members of the Product team to support ongoing product management and monitoring, and reporting responsibilities
   2. Collaborate with other functions in the business

Essential Business Experience and Technical Skills:

Required:

• Bachelor’s degree in Actuarial Science
• Very strong technical background with MS Office, especially Excel VBA
• The successful candidate must:
  • Have a strong commercial and strategic mindset
  • Experience in the UK protection market
  • Pay attention to detail
  • Take ownership and personal responsibility for delivering timely, high-quality work.
  • Possess strong problem-solving skills
  • Have good communication skills with the ability to interact with different stakeholders.
  • Be able to source and collate data, draw conclusions and present findings.
  • Learn quickly from experience
  • Ability to work under pressure

Preferred:

• Fellow of the Institute and Faculty of Actuaries
• Experience with Python, Alteryx, SQL, Access, and other quantitative software packages

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 proud to be an equal opportunity employer.  We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce.  It is the policy of MetLife to ensure equal employment opportunity without discrimination on any basis protected by law.

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 #: 134203 

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We welcome applications from candidates of all backgrounds, ethnicities, genders, religions and sexual orientations. 

We strive to find the best candidate for all positions and a diverse range of applicants ensures we widen our talent pool in order to achieve this. 

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