MetLife Senior Actuary in New York, New York
Role Value Proposition:
This position reports to the SVP, Capital Strategy & Planning and focuses on US capital management. It is a high-profile role providing oversight of US capital projections, as well as analysis and reporting of capital issues and opportunities. This person will partner across the company to surface issues and opportunities and support development of strategies under all relevant financial regimes including US Statutory solvency (NAIC RBC), economic and rating agency capital models.
Responsible for US capital management process (dividends, contributions, transactions, etc.), including sensitivities and stress testing, supporting the cash flow forecast for US insurance businesses
Assist in the refinement of statutory projections, sensitivities and stress testing framework
Responsible for enterprise Priority Metrics sensitivities process, including presentation showing Enterprise and key entity sensitivities of dividends, solvency ratios, Free Cash Flow, GAAP Earnings and Economic Capital ratios to economic drivers. This is reported to executive management and used in key ALM, Investment, Reinsurance and capital-related decisions
Assess and analyze evolving US entity and group capital requirements and recommend actions where appropriate
Partner with multiple groups on capital issues; ensure regular and effective two-way communication
Evaluate capital issues, support rating agency advocacy, reinsurance and capital management transactions and other matters
Support analysis, decision-making and execution of projects/transactions, partnering with Treasury, Reinsurance and M&A groups and Actuarial, Finance, Investments, GRM and Business units;
Develop, validate, document, and maintain financial models. Review and challenge results, and effectively communicate results to Treasury, Finance, Risk, and other business leaders
Analyze and determine opportunities to increase capital efficiency
Essential Business Experience and Technical Skills:
6 years’ experience in finance or actuarial science
Insurance modeling experience– Technical skill and demonstrated ability to develop models and critically review, challenge, and communicate modeling results
Strategic and analytical thinker with ability to focus on details and synthesize into actionable recommendations
High personal impact, self-starter, critical thinker
Excellent written and verbal communication skills including the ability to influence others with different backgrounds and levels
Team player – ability to develop and sustain effective relationships across the company
Strong project management and leadership skills
- BA/BS degree, preferably in Math, Finance, Actuarial Science, or Accounting. Completion of ASA or CFA, FSA preferred.
Number of Openings
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.
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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired Companies."
MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.
We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.
MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
MetLife maintains a drug-free workplace.
Requisition #: 120769
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