• Actuary - US Pensions

    MetLife (New York, NY)


    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

    Equal Employment Opportunity/Disability/Veterans

    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.