Description and Requirements
Role Value Proposition:
MetLife’s US Actuarial Development Program (ADP) focuses on developing future leaders of MetLife 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 MetLife’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.
Key Responsibilities:
- 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 Actuarial Development program will provide study days, study prep reimbursements, exam salary increases, and other support to encourage and help participants pass their actuarial exams.
- As a student in the ADP, participants are expected to balance their work responsibilities with their actuarial studies.
Essential Business Experience and Technical Skills:
Required:
- Bachelor's degree or higher in actuarial science, mathematics, statistics, or other analytical/business related field.
- GPA of 3.0 or higher.
- Passed at least one SOA actuarial exam; Additional passed exams 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, work experience, affiliation with actuarial organizations and clubs, and analytical degrees.
- Strong mathematical and analytical skills.
- Strong computer/technical skills. Some knowledge of programming languages is preferred.
- Excellent leadership, interpersonal, and communication skills.
Business Category
Actuarial Development Program
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!
Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies" as well as the 2024 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 empathy, we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible. Join us!
Working at
MetLife
A global provider of insurance, annuities, and employee benefit programs, MetLife serves 90 million customers in over 60 countries, offering life, accident, health insurance, and retirement income solutions.