Actuarial Associate

Join Met Life’s Retirement & Income Solutions team and help shape the future of financial security for millions. As the trusted market leader in institutional retirement, you’ll contribute to delivering $5.5 billion in annual benefits payments to almost one million retirees and beneficiaries. Here, you’ll work with annuities, risk solutions, and stable value products that help companies reduce risk and maintain financial strength while empowering individuals to retire with confidence.

Join us to help solve today’s most complex retirement challenges and make a lasting impact on our customers’ lives.

The selected candidate will be part of Met Life’s US Actuarial Development Program (ADP). This program focuses on developing future leaders of Met Life who will create innovative business solutions based on actuarial principles and contribute to the success of the company. As part of the professional development process, participants (known as “actuarial students”) will rotate to new actuarial assignments approximately every two years within core areas of Met Life’s businesses.

Work experience gained will enable participants to become well-rounded actuaries and knowledgeable in several areas of actuarial practice. Such areas of practice may include pricing and product development, reserve calculations, actuarial modeling, financial analysis, asset liability management, and investments. The selected candidate's first rotation in the ADP will be within RIS. The position is within S  Actuarial, helping to manage S  inforce block of business.

The candidate will be responsible for BAU work as well as ad hoc projects, related to requests that come from both internal business partners as well as external partners (i.e. brokers). The candidate will be working closely with colleagues and leaders across the S  business, will have the opportunity to present projects to Senior Management and will be working closely with an Actuarial student on an ongoing reporting automation initiative.

• Responsible for calculations, data analysis and risk evaluations that are actuarial in nature.
• Responsible for initiating, organizing and coordinating data and making recommendations to team members based on research.
• Prepare for and take challenging actuarial exams administered through the Society of Actuaries (SOA) and work towards becoming qualified as a Fellow of the SOA (FSA designation).
• The ADP will provide study days, study material reimbursements, exam salary increases, and other support to encourage and help participants pass their actuarial exams.
• Participants are expected to balance their work responsibilities with their actuarial studies.

• Bachelor's degree or higher in actuarial science, mathematics, statistics, computer science, economics or other analytical/business related degree.
• GPA of 3.0 or higher.
• Passed at least one SOA actuarial exam. Additional passed exams are preferred and may be required based on the particular position being filled.
• Committed to completing the Society of Actuaries' educational requirements to attain the FSA designation. This can be illustrated through passed exams, actuarial work experience, affiliation with actuarial organizations and clubs, and analytical degrees.
• Must have strong mathematical, analytical skills, and computer/technical skills.
• Proficient in Excel, with preferred knowledge of Python, SQL, or R.

• Knowledge of other programming languages such as Python, SQL or R is preferred.
• Demonstrates strong critical thinking abilities, excellent communication skills, and exceptional organizational skills.

Location Expectation:
This is a hybrid role requiring a minimum of 3 days per week in office.

The expected salary range for this position is $67,400 - $89,900. This role may also be eligible for annual short-term incentive compensation. All incentives and benefits are subject to the applicable plan terms.

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®, Met Life, through its…