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Director & Actuary - Payout Annuities

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Date Posted: Sep 9, 2022

Location(s): New York, NY, US, 10166

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: 


Retirement & Income Solutions (RIS) business is in the process of launching multiple new products under the New Horizon strategy. Each product will require input from valuation, model development, data analysis, process design, and ongoing maintenance and financial reporting.  Further, RIS Operations continues to require assistance in analyzing data quality of existing policies, particularly older PRT business on projects that have focused on electronic death match, bulk check, and escheatment. RIS Actuarial is taking a greater role in analyzing data sets and providing valuable feedback to ensure appropriate processing of administrative records and financial reporting.


Key Responsibilities:


This role will be focused on both process improvements in RIS valuation and new products, working with RIS operations and IT to fix data issues or enhance valuation data inputs, and developing analysis tools/models in support of new products and enhanced data analysis. They will be supported by and work closely with the rest of the actuarial team, as well as support LDTI on reinsurance and Policyholder Benefit analyses. This role will have very close ties to the CFO and business teams currently located in NYC and could benefit from being co-located in NYC with them.


Essential Business Experience and Technical Skills:



  • Bachelor’s degree in actuarial science, mathematics, statistics or related discipline.
  • 5+ years of actuarial experience
  • ASA is required
  • Strong understanding of the valuation of liabilities
  • Strong oral and written communication skills
  • Ability to work in a team environment



  • Experience with Alteryx, Oracle SQL, PolySystems, and/or Prophet a plus
  • Fellow of the Society of Actuaries preferred



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.


Nearest Major Market: New York City