Actuarial Development Program

• Posting Location: New York, New York

• Posting Location: Bridgewater, New Jersey

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. 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, including product development, pricing, valuation, actuarial modeling, risk management, and data analysis.

Candidate will join the payout annuity valuation team 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.

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).
• Balance work responsibilities with 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
• Strong leadership skills
• Strong computer/technical skills
• Strong verbal and written communication skills

Preferred:

• Knowledge of programming languages a plus

The salary range for applicants for this position is $93,600 - $124,800.

Benefits We Offer:

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, a retirement pension funded entirely by MetLife, and 401(k) with employer matching, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance, and much more!

About MetLife:

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.

Our purpose is to help our colleagues, customers, communities, and the world at large create a more confident future.

MetLife maintains a drug-free workplace.