Job Location: United States : New Jersey : Bridgewater

Alternate Job Location: Not Applicable : Not Applicable

Work Arrangement: Hybrid

Role Value Proposition:

This position will support the recently formed New Business, Projection, & Emerging Issues team within Group Benefits Actuarial. The team will implement new regulations, including Statutory, GAAP and Tax requirements, and will prepare the Group Benefits valuation and ALM functions to support new products, new admin/claim systems, and new reinsurance initiatives.

Key Responsibilities:

• Supporting implementation of new products and new admin system/claim platforms, new reinsurance treaties and new regulations (Statutory, GAAP and Tax). This includes the ongoing Long Duration Targeted Improvements (LDTI) implementation.
• Liability projection work (GAAP loss recognition testing, statutory asset adequacy analysis, & Embedded Value) for Group products
• Assumption updates for all purposes (Valuation, LRT, CFT and EV)
• Ensuring that all updates are documented in accordance with MAPS requirements
• Supporting model validations, including addressing issues identified during the review
• Actively partner with GAM to develop & improve modeling capabilities

Essential Business Experience and Technical Skills:

Required:

• Bachelor’s degree in math, statistics, engineering, or related technical field
• 5+ years of actuarial experience
• Excellent organizational, mathematical, and analytical abilities
• Strong verbal and written communication skills
• Proven project management skills
• Excels at building partnerships and fostering teamwork
• Manages performance effectively

Preferred:

• FSA, or near FSA preferred
• Experience with PolySystems or valuation software a plus
• Group Life or Health product knowledge a plus
• Projection modeling experience a plus

Assignment Category

Full time

Business Category

Actuarial

Number of Openings

1

MetLife:

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.