MetLife

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.

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.

In addition to the required Actuarial Development Program requirements, the business responsibilities are as follows:

• CUVP Modeling including Sales, persistency, rate action, Top Line and bottom line
• Capacity Modeling to support our business partners in service, implementations and others
• Refreshing the A&H Claims Analysis Tool
• Auditing our P&C distribution agreement, including the quarterly invoicing and cash management

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 one 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 leadership skills.
• Strong computer/technical skills.
• Strong verbal and written communication skills.

Preferred:

• Knowledge of alteryx and programming languages a plus

Business Category

Actuarial Development Program