Actuary, RIS Pricing Models
MetLife Services and Solutions, LLC
Description and Requirements This actuarial role will own and develop pricing models for RIS. The RIS business, one of the largest U.S. segments in MetLife, covers a wide variety of products including pension risk transfer, GIC/Funding agreements, stable value, structured settlements, Institutional Income Annuities, UKL, and PRB & SBR. The successful candidate will report to the AVP Pricing Frameworks and be responsible for developing evolving processes and tools to support pricing teams across RIS. The role will work closely with all RIS business and functional partners, including Actuarial, Investments, Risk, Reinsurance and Finance. Role Value Proposition The candidate will be part of the entire pricing process of a key MetLife business, understand profitability drivers of the business and learn how all pieces of the pricing process fit together. The role requires extensive work with liability projections and reserving, asset modeling, assumption development and risk monitoring. Key Responsibilities Provide technical and analytical support to the product development and implementation activities in RIS. Develop Excel, Prophet, and other financial models to support analysis and development of new and existing products, including pricing scenarios, cash flow projections and ROI calculations. Update Excel, Prophet, VBA Macros and other tools as requested by business. Explore new pricing modeling methodologies, pricing metrics, product designs, new accounting or regulatory requirements. Research new ways to improve process run time, automate, reduce errors, and improve controls. Own the golden copy of each model and its documentation for governance purposes. Essential Business Experience and Technical Skills Required Bachelor's degree in actuarial science, math, statistics, economics, or a related discipline. FSA or pre-FSA qualification. 5‑10 years of experience in insurance and/or reinsurance. Strong skills using Microsoft Excel. Strong analytical, financial modeling and problem‑solving skills. Good presentation and written communication skills. Interest in technology, automation, and process improvement. Customer focused mentality. Preferred Experience pricing or reserving with insurance products. Experience using Excel VBA, Alteryx, Prophet or other projection software. Strong knowledge of retirement products. Good understanding of income statement and balance sheet. Location Expectation This is a hybrid role requiring a minimum of 3 days per week in office. Benefits We Offer Our U.S. benefits address holistic well‑being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no‑cost short‑ and long‑term disability. We also provide company‑paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as an Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and more. Equal Opportunity Employer MetLife is an Equal Opportunity Employer. All employment decisions are made without regard to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law. If you need an accommodation due to a disability, please email us at View email address on click.appcast.io. This information will be held in confidence and used only to determine an appropriate accommodation for the application process. MetLife maintains a drug‑free workplace. #J-18808-Ljbffr MetLife Services and Solutions, LLC
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