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Lead Actuarial Consultant, PRT New Business

Date Posted: Feb 16, 2021

Location: New York, NY, US, 10166

Company: MetLife

Role Value Proposition: 

 

This position is a key member of the Pension Product/Sales team working across US Pensions teams coordinating several important initiatives. Key strategic initiatives include analyzing key PRT opportunities that will allow MetLife to pursue continued growth and innovation in the pensions business. This position has significant senior management exposure during the governance and approval process for larger PRT cases or for PRT cases with new product features (e.g. buy-ins or deferreds). This role will have 2-4 direct reports.

 

Key Responsibilities:  

 

  • Develop pricing sensitivities and ad-hoc scenario analyses required for governance and approval of large or unusual PRT cases, including preparation of presentations for senior leaders and executive group.
  • Act as liaison to internal and external business partners related to PRT and broader RIS strategic initiatives. Prepare presentations regarding PRT strategic initiatives for senior leaders and executive board.
  • Proactively research institutional retirement markets, understand competitive set, identify new opportunities, and report findings to PRT business leaders.
  • Perform analytics and financial modelling related to strategic initiatives for pensions business (e.g. new product features such as buy-ins or deferreds.
  • Provide project management and support for ad hoc strategic projects and the roll-out of key initiatives and report status to US Pensions business leaders.
  • Manage the lump sum escheatment model ensuring accuracy and documenting processes and changes, as needed.
  • Act as the US Pensions liaison with other organizations within MetLife that impact strategic initiatives such as Corporate Strategy, Finance, Legal and Marketing.
  • Oversee a team responsible for the management of legacy group annuity contracts

 

Essential Business Experience and Technical Skills:


Required:

 

  • Flexible and forward thinking
  • Thorough understanding of annuity products and strong quantitative and financial skills
  • Experience in life and annuity reinsurance
  • Ability to communicate clearly and concisely both orally and in written form across all levels of the company
  • Attention to detail and accuracy
  • Tact and discretion in handling sensitive and confidential information.

 

Preferred:

 

  • MBA in Finance or Actuarial FSA is preferred
  • Project Management Skills
  • Prior client management experience preferred
  • Prior management experience preferred

 

 

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 $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.

 


Nearest Major Market: New York City