Share this Job

Director - Underwriting

Apply now »

Date Posted: Jan 13, 2023

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

Company: MetLife

Job Location: United States : New York : New York 

Work Arrangement: Hybrid


Role Value Proposition

The Director of Stable Value General Account, Inforce Product Management & Operations is responsible for the pricing of new Stable Value General Account Business, the inforce product management of all stable value products, and the gathering and creation of reports on the Stable Value business. The candidate will implement and manage effective execution of the company’s strategic business goals.  This role will have leadership responsibility and manage a pricing team. They will partner with the Investments, Sales, Client Relations, Finance, Controllers, Legal, Technical Accounting, Audit and GTO amongst all other internal CBF partners.

  • Inforce General Account Business of $5.2 billion with annual sales of over $1 billion
  • Inforce Separate Account and Synthetic Business of $74.4 billion
  • 600+ inforce stable value contracts with assets of $80 billion
  • 180+ separate accounts representing $80+ billion in assets

 

Key Responsibilities 

  • Responsibility for underwriting decisions for new General Account business
  • Responsibility for maintaining the inforce block of Stable Value business
  • Responsibility for compiling statistics and generating reports on the Stable Value business
  • Handle complex situations and multiple responsibilities simultaneously, balancing long term-strategic needs with urgent immediate demands.
  • Builds strong working networks with customers, intermediaries, MetLife partners and associates both internal and external
  • Responsibility for the development of talent and the overall employee experience while maintaining an environment providing for motivation, participation and the opportunity for employee initiative
  • Heavy interaction with Investments, Stable Value Sales, Client Relations, Finance, Controllers, Legal, Marketing, Technical Accounting, Internal & External Audit and GTO.


Essential Business Experience and Technical Skills 

  • 10 + years of experience in the insurance industry / Stable Value preferred
  • Strong business and technical knowledge across multiple disciplines including servicing, underwriting, customer relationship management, operations, administration, marketing and product management
  • Time Management: Manages time successfully.  Well organized, highly motivated.  Delegates work effectively.
  • Communication – Maintain open, credible lines of communication with associates.  Utilize effective negotiation skills. Communicate high standards of performance. 
  • Coaching – Provide timely, candid feedback.  Promote teamwork and support associates.  Evaluate performance objectively. Strong people management skills
  • Leadership –Manage creatively to meet changing market and organizational needs. Make timely, practical decisions.  Manage issue escalation and problem resolution. 
  • Demonstrate strong, innovative critical thinking skills.
  • Process development & implementation experience with proven success
  • Strong understanding of business drivers and performance measures
  • Advanced Degree – MS / MBA preferred or equivalent work experience

 

Business Category

U.S Business


Number of Openings

1


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:

 


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.

 


The wage range for applicants for this position is $118,40- $157,900. This role is also eligible for annual short-term incentive compensation. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services and paid time off. All incentives and benefits are subject to the applicable plan terms.

 


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