As an Actuary, you'll maintain and update valuation models, conduct analyses, and assist in meeting valuation requirements for retail annuities.
Description and Requirements
The Team You Will Join
The position is with the Retail Annuities team in MetLife's actuarial line of business. The team is responsible for the monthly valuation, analysis, and reporting of Retail Annuity Reserves using actuarial guidelines such as VM21, New York Principle Based Reserves (NYPBR) and Market Risk Benefits (MRB).
The Opportunity
Candidate will join the retail annuities valuation team who are responsible for the US Statutory and US GAAP valuation, analysis, and reporting of Registered Index Linked Annuities. It provides the opportunity to learn about fixed and variable deferred annuities with an emphasis on guaranteed benefits and the exposures and risks associated with them. There are various monthly tasks in maintaining the models along with quarterly analyses which are presented to senior management. Our team works on continuously streamlining and improving processes.
How You'll Help Us Build a Confident Future (Key Responsibilities)
What You Need to Succeed (Required Qualifications)
What Can Give You an Edge (Additional Skills)
The expected salary range for this position is 100,000-152,100. 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 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 Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2025 Fortune 100 Best Companies to Work For ®, 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 individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards 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 [email protected]. 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.
100,000-152,100
#BI-Hybrid
The Team You Will Join
The position is with the Retail Annuities team in MetLife's actuarial line of business. The team is responsible for the monthly valuation, analysis, and reporting of Retail Annuity Reserves using actuarial guidelines such as VM21, New York Principle Based Reserves (NYPBR) and Market Risk Benefits (MRB).
The Opportunity
Candidate will join the retail annuities valuation team who are responsible for the US Statutory and US GAAP valuation, analysis, and reporting of Registered Index Linked Annuities. It provides the opportunity to learn about fixed and variable deferred annuities with an emphasis on guaranteed benefits and the exposures and risks associated with them. There are various monthly tasks in maintaining the models along with quarterly analyses which are presented to senior management. Our team works on continuously streamlining and improving processes.
How You'll Help Us Build a Confident Future (Key Responsibilities)
- Create and verify valuation model inputs
- Review controls and trends for analysis
- Maintain and update valuation models in MGHedge
- Assist in valuation requirements such as year-end actuarial memos, rating agency surveys, internal and external audit requests and SOX controls
What You Need to Succeed (Required Qualifications)
- FSA or ASA
- Bachelor's degree in actuarial science, mathematics, statistics, or other analytical/business related field
- Proficient in Excel, PowerPoint and Word
- Strong technical, mathematical and analytical abilities
- Strong written and oral communication skills
What Can Give You an Edge (Additional Skills)
- Suggested 4+ years of actuarial, accounting or finance related experience
- Experience with Alteryx, VBA or Python
The expected salary range for this position is 100,000-152,100. 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 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 Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2025 Fortune 100 Best Companies to Work For ®, 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 individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards 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 [email protected]. 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.
100,000-152,100
#BI-Hybrid
Top Skills
Alteryx
Excel
PowerPoint
Python
VBA
Word
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