Actuary, Insurance & Product Risk Mgmt

Location: St. Louis

Join our Global Risk Management Group, where you’ll play a key role in safeguarding the company, ensuring we deliver on our commitments to customers and stakeholders, and driving responsible growth. As part of our team, you’ll identify, monitor, and mitigate both financial and non-financial risks across the organization. Leverage your expertise as the second line of defense to advise our business on effective risk management strategies.

This means challenging ideas, implementing robust controls, and enforcing guardrails to foster responsible business growth. Join us in advancing Met Life’s legacy of trust through exemplary risk management practices.

The Opportunity The Actuary, Insurance and Product Risk Management will provide insurance and product risk oversight for Retirement & Income Solutions (RIS) segment, focusing on product risk management, pricing governance, and strategic risk analysis.

The diverse RIS portfolio includes products such as Pension Risk Transfer, Structured Settlements, Longevity Reinsurance, Stable Value, Retail Annuity Reinsurance and other products. This role partners closely with cross-functional teams to maintain robust risk frameworks and deliver actionable insights that drive sound business decisions.

Key Responsibilities

• Conduct risk assessments and product/pricing reviews across RIS offerings, ensuring risks are identified, understood, and appropriately mitigated.
• Review and challenge key actuarial assumptions, including mortality, longevity, policyholder behavior, expenses, and investment margins.
• Perform stress testing, scenario analysis, and emerging risk evaluations to assess product profitability under varying conditions.
• Evaluate actuarial models and asset-liability management (ALM) strategies to support sound product and portfolio performance.
• Strengthen risk governance by integrating risk management practices into product strategy and providing clear, actionable recommendations to senior leadership.

Required Qualifications

• FSA with 5+ years of insurance or consulting experience and strong actuarial expertise.
• Broad business acumen, strategic thinking, and advanced analytical and actuarial modeling skills.
• Proven ability to build partnerships, collaborate across stakeholders, and foster effective teamwork.
• Self-motivated, adaptable, and skilled at managing multiple priorities in dynamic environments.
• Proficient in leveraging approved AI tools, crafting effective prompts, and integrating AI into workflows to improve speed, quality, and efficiency while maintaining ownership of outcomes.

Preferred Qualifications

• Experience in retirement product development or retirement financial modeling is a plus.
• Proficiency in Asset Liability Management (ALM).

Location Expectation:
This is a hybrid role r
equiring a minimum of 3 days per week in office. The expected salary range for this position is $116,300 - $155,100. 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 (medical, prescription drug and vision, dental insurance, and no-cost short- and long-term disability) and mental health, financial wellness, and support for families.

We also provide company-paid life insurance and legal services, a retirement pension funded entirely by Met Life 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, paid time off, paid holidays, volunteer time off, tuition assistance and much more!

About Met Life 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 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…