Thursday , February 2 2023

Careers at Met Life – Actuary

Website MetLife

Job Description:

This position will be a key member of the U.S. Pensions Product team supporting several important initiatives primarily focused on Bulk Check pension closeouts. This role will also prepare analysis for approval of large or unusual PRT cases requiring approval from senior leaders and the Enterprise Steering Committee. The role will work closely with all RIS business and functional partners, including Operations, Pricing, Actuarial, and Finance.

Job Responsibilities:

  • Review internal reports to ensure accuracy of retirement commencements
  • Provide actuarial support to transaction managers on issues that may surface during the new business bidding process
  • Develop pricing sensitivities and ad-hoc scenario analyses required for governance and approval of large or unusual PRT cases, including preparation of presentations for senior leaders and the Enterprise Steering Committee
  • Perform post-sale pricing related functions for certain bulk check cases such as analyzing price variance and handling amendment calculations
  • Provide support to internal partners on all bulk check related pricing issues
  • Support ongoing management and reporting for legacy group annuity contracts
  • Manage annual reconciliations of client and MetLife data for all bulk check arrangements
  • Lead efforts to help continue to create new and enhanced tools to aid in automation and quality control processes and ensure efficient management of in-force business
  • Research and resolve errors and discrepancies in benefit accounts and participant data
  • Develop expertise related to the technical aspects of participant benefits and pension contracts

Job Requirements:

  • Strong project management skills
  • Attention to detail and accuracy
  • Proficiency in Alteryx or programming skills
  • Understanding of annuity products and pension benefits preferred
  • Strong verbal and written communication skills.
  • Strong quantitative and financial skills

Qualification & Experience:

  • Experience building new processes and process improvements: self-starter, ability to work independently and comfortable with learning and challenging existing processes
  • Bachelor’s degree in actuarial science, mathematics, statistics, or a related field
  • 5+ years of experience

Job Details:

Company: MetLife

Vacancy Type:  Full Time

Job Location: New York, NY, US

Application Deadline: N/A

Apply Here