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”) are expected to 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 product development, pricing, valuation, actuarial modeling, risk management, asset liability management, finance, investments, underwriting, emerging actuarial issues, technology, data analysis, and auditing.

Candidate will join the payout annuity valuation team jointly responsible for the valuation, analysis, and reporting of over $100 billion in reserves. Responsibilities include preparation of monthly financial reporting and disclosures, maintenance of manual actuarial models, and testing of IT system enhancements. Projects include new product implementation, business process reengineering and legacy technology modernization, including Artificial Intelligence.

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 and other support to participants to help them 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 in actuarial science, mathematics, statistics, or other analytical/business related field
• GPA of 3.0 or higher
• Passed at least five SOA Actuarial Exams; ASA designation preferred
• Committed to completing the Society of Actuaries' educational requirements to attain the FSA designation which can be illustrated through passed exams, work experience, affiliation with actuarial organizations and clubs, and analytical degrees
• Strong leadership skills
• Strong computer/technical skills
• Strong verbal and written communication skills

Preferred:

• Knowledge of programming languages a plus