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MetLife

Contract Development Consultant

Posted 2 Days Ago
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Hybrid
Bridgewater, NJ
73K-97K Annually
Junior
Hybrid
Bridgewater, NJ
73K-97K Annually
Junior
As a Contract Development Consultant, you will prepare form submissions, collaborate with regulators, support product development, and ensure compliance with insurance laws.
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Description and Requirements
Role Value Proposition
This is a unique opportunity to work as a Contract Development Consultant at a Fortune 50 Company and one of the world's leading life insurers and retirement solutions provider. In this dynamic role, you will develop and file essential forms, collaborate with state insurance departments, and support new product ventures. This is your chance to drive compliance and enable product success, make a tangible impact on our business and customers at a company committed to building a more confident future for all.
Key Responsibilities
  • Prepare form filing submission documentation primarily related to life insurance policies (e.g. COLI/BOLI).
  • Prepare responses to insurance regulators' questions and requests.
  • Negotiate form approvals with state insurance departments.
  • Establish a good working relationship with insurance regulatory personnel to secure timely approval that addresses product and compliance needs.
  • Support regulatory filings, using primarily the SERFF electronic filing systems and recordkeeping requirements for the group.
  • Develop policy forms ranging from moderately complex product structures to complex and hybrid product structures to support new and existing products within RIS. Determine variations in forms to ensure compliance with applicable laws and regulations.
  • Assist in the analysis of proposed and enacted laws and regulations to identify required compliance activities.
  • Provide technical support in analysis of new product ventures and due diligence.
  • Collaborate with internal business partners to identify product specifications, contract and legal requirements, form filings and product use availability.
  • Research and respond to internal and external customer questions regarding contract features and compliance.
  • Participate in special compliance, product development and team projects on an as needed basis.
  • Ability to learn Icertis Contracts Lifecycle Management software for developing new policy forms.
  • Ability and willingness to learn responsibilities other than those listed here and to assist with assignments for other team member business areas, when needed.

Required Experience and Skills
  • Bachelor's degree and 2+ years relevant experience - or equivalent business experience (4+ years).
  • Competent level of contract knowledge and technical writing skills.

  • Proficient in MS Office suite including Teams and SharePoint.
  • Strong analytical, problem solving and research skills. Attention to detail, organizational skills and the ability to multitask.
  • Strong team player and collaborator. Ability to interact and work collaboratively and constructively with people at various levels within RIS and with regulators at state departments of insurance

  • Self-motivated, initiative-taking, flexible and enthusiastic. Impact-focused and deadline oriented.

  • Excellent oral and written communication skills with ability to engage constructively with associates of various disciplines and levels as well as with insurance department regulators.
  • Strong interest in identifying opportunities for continuous improvement, including digital/automated business solutions, integrating technology and process improvements.

  • Knowledge of the regulatory requirements and procedures for the development and filing of compliant contract forms associated with group life and annuity business.

Preferred Experience
  • Finance degree or JD a plus, but not essential.
  • 5-7 years of contract development, compliance, legal or relevant industry experience.

  • Group life insurance experience
  • Experience managing projects.
  • Experience and competence with Copilot and/or other AI platforms.

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.
The expected salary range for this position is $73,000 - $97,400. 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.
$73,000 - $97,400
#BI-Hybrid

Top Skills

Icertis Contracts Lifecycle Management
Ms Office Suite
Serff Electronic Filing Systems

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