Actuary - US Pensions

Description and Requirements
Role Value Proposition:
The Retirement & Income Solutions US Pension Pricing team is seeking an Actuary to serve as the actuarial & pricing lead for cross-functional post-sale onboarding and administration of strategic PRT cases. Core responsibilities include managing post-sale customized solutions for corporate clients. This position will work with Product Management, Implementation, RIS Operations, RIS Contracts, Business Solutions, RIS IT, Actuarial Resources, and Global Risk Management on a regular basis.
Key Responsibilities:

• Serve as actuarial & pricing expert for cross-functional onboarding and administration of strategic PRT cases: Responsibilities include: development and review of benefit calculation tools; analysis and reconciliation of client-facing calculations; data analysis and reconciliation; creation of files & documents for internal partners to streamline IT & Actuarial onboarding and automation; support of IT testing; understanding, describing, and quantifying financial impacts of plan provisions; reviewing and opining on contract features and administrative practices; and partnership with Contracts team to create and review contractual documents
• Provide actuarial support to internal partners (i.e. Implementation and Global Operations) on all post-sale pricing issues related to strategic PRT cases
• Perform post-sale pricing-related functions, such as creating individual cost listing, analyzing price variance, performing true-up calculations, and handling amendment calculations
• Developing strategies for non-standard post-sale pricing and financial related requests from strategic clients
• Make recommendations on refining current processes to enhance the quality of work and improve efficiency
• Complete special projects and act as a resource to internal partners on actuarial issues
• Supervisor Responsibilities: None.

Essential Business Experience and Technical Skills:
Required:

• Bachelor's degree in mathematics, statistics, actuarial science or related field.
• 6+ years of actuarial experience; 4+ years pensions-related experience
• Excellent computer skills, analytical, and spreadsheet (Excel, Access, Visual Basic).
• Proven ability to act independently yet understand when and where to escalate and involve others
• Proven strong communication skills to both technical and non-technical audiences.
• High degree of business and financial acumen
• ASA designation with the Society of Actuaries

Preferred:

• Experience with Prophet
• FSA designation with the Society of Actuaries

The expected salary range for this position is $114,000 - $152,100. 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 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™, as well as the 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 our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - 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.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liabilities.
$114,000 - $152,100