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Associate Actuary - Annuity Pricing & Reinsurance

$95.5k - $127.3k

MetLife Services and Solutions, LLC

Description and Requirements Retirement & Income Solutions (RIS) Annuity business is seeking an Associate Actuary. RIS provides guaranteed income to individuals in a predictable and low risk way and helps companies reduce their risk and remain financially strong. The RIS business, one of the largest U.S. segments in MetLife, offers a wide variety of risk solutions, investment and annuity-type products including US Pensions, Structured Settlements and Institutional Income Annuities. The Role The successful candidate will provide actuarial, pricing, and technical support to the Annuity business teams by evaluating and implementing reinsurance opportunities. This role supports all annuity businesses seamlessly and flexibly, providing leadership, analysis, and support wherever needed. The position interacts closely with RIS areas such as R&D, Pricing Frameworks, Product, Contracts, Operations, and enterprise stakeholders including Reinsurance, Finance, Actuarial, Risk, Investments, and Legal. Key Responsibilities Perform actuarial, pricing, financial, and technical analysis to support reinsurance opportunities for new and in‑force business. Partner with R&D and Pricing Frameworks teams to perform model updates, validation, and documentation. Develop a future-state operating model for the Annuity Pricing teams for live reinsurance pricing, including post‑sale procedures and requirements; identify and incorporate all stakeholders required for seamless implementation and administration. Drive implementation of reinsurance within Annuity Pricing teams by ensuring models and calculations are embedded into broader pricing processes; ensure robust training and documentation. Support non‑reinsurance BAU as priorities dictate; including pricing and profitability analysis of individual cases/sales in all Annuity businesses, analyzing experience, recommending process improvements and automation, and partnering cross‑functionally on projects. Required Qualifications Bachelor's degree in mathematics, statistics, actuarial science or a related discipline. 3‑5 years actuarial experience, including at least 2 years with reinsurance experience. ASA/Pre FSA designation on Society of Actuaries is preferred. Preferred Skills Strong quantitative and communication skills; able to concisely present orally and in presentations to both technical and non‑technical audiences. Strategic and analytical thinker with ability to focus on details; able to quickly spot issues and develop a recommended approach. Self‑starter with ability to effectively manage and supervise multiple projects and priorities simultaneously. Strong computer skills (Excel, Access, Visual Basic, Prophet). Excellent analytical and spreadsheet skills. Location and Work Arrangement Hybrid role requiring a minimum of 3 days per week in office. Salary and Compensation The expected salary range for this position is $95,500 – $127,300. This role may also be eligible for annual short‑term incentive compensation. All incentives and benefits are subject to the applicable plan terms. 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 a 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 Employment 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 (“protected characteristics”). 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

Vacancy posted 3 days ago
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