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Senior Market Risk Analyst

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Date Posted: Nov 15, 2022

Location(s): Whippany, New Jersey, US, 7981 Whippany, New Jersey, US, 8807 Whippany, New Jersey, US, 10166

Company: MetLife



The Role:

As part of the Market Risk Strategy team within the Global Risk Management organization, the Senior Market Risk Analyst will be responsible for development and advancement of replicating portfolios (RP) supporting MetLife’s asset liability management (ALM) and Investment performance attribution processes.


Replicating portfolios are used globally by ALM, Actuarial, and Investment management to understand the active risk position in the liability portfolios and to ensure compliance with guidelines and limits. The Senior Market Risk Analyst will work with ALM departments globally and BlackRock to ensure RPs are calibrated and performing as expected. Additionally, the Senior Market Risk Analyst will join a team working on a next generation methodology for RP development.


Additionally, this role will support the VP of Market Risk Strategy in analyzing different potential strategies for Playbook development or ad-hoc as needed.


Key Responsibilities:

  • Manage optimizer to update replicating portfolios (RP) on a quarterly basis and evaluate RP performance
  • Work as part of agile team expanding development and use of replicating portfolios
  • Assist with maintenance of models used to manage the ongoing macro hedge need requirement
  • Assist Market Risk team in working group operations and documentation
  • Provide ad hoc analysis and modeling support as needed


Candidate Qualifications:


  • 3+ years related experience
  • Bachelor's degree in mathematics, statistics, actuarial science, finance, or similar field of study
  • Excellent Excel modelling skills
  • Experience with Python programming languages (R or C++ acceptable as well)
  • Advanced understanding of statistics and optimization
  • Excellent analytical, mathematical, and organizational abilities
  • Intermediate understanding of derivative products and ALM practices



  • Actuarial designation (ASA)



Assignment Category

  Full time    


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, 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 $98,600 - $131,400. 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.