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Director-Actuarial Services

Date Posted: Feb 28, 2021

Location: New York, NY, US, 10166

Company: MetLife

Position:  Director, Actuarial Services

 

Job Location: United States : New York : New York  

 

Key Responsibilities:   

Perform actuarial and financial studies to analyze and report results based on projection models for Latin America (LatAm) products. Analyze value of new business (VNB), embedded value (EV), U.S. generally accepted accounting principles (GAAP) valuation and local statutory valuation, recommending potential actions to optimize results and providing advice and support to the countries where needed. Review and advise best estimate assumptions used for valuation and product pricing. Review business metrics for all countries in LatAm and present results to senior management, including explanations of actual versus projected deviations. Coordinate with Corporate functions regulatory disclosures as well as internal and external surveys. Advise on and review implementation of International Financial Reporting Standards (IFRS) 17 and Solvency II as per local regulation requirements, and U.S. GAAP Long Duration Targeted Improvements. Establish standards and controls for documentation and model review. Review operational processes impacting financial results and advise on opportunities for improvement. Evaluate reinsurance business cases from countries in the region. Support the region on mergers and acquisitions (M&A) projects.

Essential Business Experience and Technical Skills:

Requirements: Bachelor's degree in actuarial science (willing to accept foreign education equivalent) plus five (5) years of experience building and analyzing U.S. GAAP valuation and pricing models utilizing actuarial software, Excel, Access and VBA programming. Specific skills/other requirements (quantitative experience requirements not applicable to this section): analyzing and reporting profitability metrics for product portfolios; performing financial analysis and business metrics production for insurance markets; and providing technical insurance training and executive presentations to associates in Latin American countries. Must possess: Associate of the Society of Actuaries (ASA) certification, and on track for Fellow of the Society of Actuaries (FSA) certification. Eligible for employee referral program.

 

Requisition #:

115824

 

 

Business Category

Latam Actuarial Resources 27756

 

Number of Openings:

1

 

Contact Information:

Submit resume to Nicole Kirsch, nicole.kirsch@metlife.com

 

Hiring Manager

Laura Vazquez

 

“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.” 

 

#LI-DNI

 

MetLife:

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 $651 billion of total assets under management as of September 30, 2020. We are ranked #48 on the Fortune 500 list for 2020. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven 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.

 

Requisition #: 115824

 


Nearest Major Market: New York City