19 days old
2017-11-022017-12-02

Senior Actuarial Consultant

MetLife
New York, NY
**Job Location:** United States : New York : New York







**Role Value Proposition:**







The Retirement & Income Solutions US Pension Pricing team is seeking a Senior Actuarial Consultant to support its responsibilities and to assist in transforming its operating environment. Core responsibilities include pricing of pension risk transfer transactions and developing customized solutions for corporate clients. This position will work with Product Management, RIS Contracts, Valuation, ALM, Enterprise Risk Management, Retirement & Income Solutions CFO, and Investments on a regular basis. This position will also provide actuarial support for the teams projects to enhance processes.







**Key Responsibilities:**







+ Perform Pension Risk Transfer annuity pricing. Responsibilities include review of defined benefit plan documents (or summary) and understand plan provisions; analyze participant level data; set actuarial assumptions within company guidelines; perform actuarial calculations and sensitivity analysis; and analyze profitability; review investment portfolios for appropriateness; review offer letters and contracts for consistency with pricing assumptions.



+ Develop pricing financial metrics and present reports to Management.



+ Provide actuarial support to internal partners (i.e. Implementation and Global Operations) on all pricing issues. Act as a subject matter expert if asked to interface with external parties.



+ Collaborate with the Contract team to develop a comprehensive bid letter and term sheet for each case and contracts after the sale.



+ Perform post-sales pricing related functions, such as creating individual cost listing, analyzing price variance, handling amendment calculations, etc.



+ Make recommendations on refining current processes to enhance the quality of work and improve efficiency.



+ Develop new and/or modify existing pricing applications, which may be based on Excel, Access, Visual Basic, MoSes, or other programming languages.



+ Complete special projects and act as a resource to internal partners on actuarial issues.



+ Supervisor Responsibilities: None. May provide guidance to junior staff members.







**Essential Business Experience and Technical Skills:**







Required:







+ Minimum of 5 years of actuarial expereince.



+ Pension Risk Transfer pricing experience is required.



+ Good computer skills (Excel, Access, Visual Basis, C++ or other programming languages).



+ Excellent analytical and spreadsheet skills.



+ Good communication skills.



+ High degree of business and financial acumen.



+ Bachelor's degree in mathematics, statistics or actuarial science.







Preferred:







+ ASA, Career ASA and/or CFA is preferred.



+ Experience with MoSes.







**Business Category**







U.S. Business, Retirement & Income Solutions







**Number of Openings**







1







**At MetLife, were leading the global transformation of an industry weve long defined. United in purpose, diverse in perspective, were dedicated to making a difference in the lives of our customers.**







MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on 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.







**For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.**







Requisition #: 85061

Categories

  • Accounting
  • Management
  • Financial Services
  • Legal

Share this job:

Senior Actuarial Consultant

MetLife
New York, NY

Share this job

Senior Actuarial Consultant

MetLife
New York, NY
US

Separate email addresses with commas

Enter valid email address for sender.

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast