Actuarial Student – Retirement & Income Solutions Actuarial

Job Description

Actuarial Associate | MetLife

The Tone:
This is a hybrid role at MetLife, requiring a minimum of 3 days per week in office. MetLife is a leading financial services company, recognized as one of the “World’s Most Admired Companies” and a “Best Company to Work For”, providing insurance, annuities, employee benefits, and asset management to individual and institutional customers globally. This role is crucial in shaping the future of financial security for millions by contributing to the Retirement & Income Solutions team, delivering significant annual benefits, and helping companies manage risk while empowering individuals to retire confidently.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid, Office-based
• Pay: $67400–$89900 yearly
• Team: US Actuarial Development Program (ADP) within the Retirement & Income Solutions (RIS) team, specifically SBR Actuarial.
• Mission: This person helps manage the SBR inforce block of business by performing actuarial calculations, data analysis, and risk evaluations, while progressing towards an FSA designation.
• Tech Stack: Excel, Python, SQL, R

What You’ll Actually Do
• Actuarial Analysis: Be responsible for calculations, data analysis, and risk evaluations that are actuarial in nature within the SBR inforce block of business.
• Research & Recommendations: Initiate, organize, and coordinate data to make informed recommendations to team members based on comprehensive research.
• Professional Development: Prepare for and take challenging actuarial exams administered through the Society of Actuaries (SOA) to achieve the FSA designation.
• Project Management: Manage both business-as-usual (BAU) work and ad hoc projects, addressing requests from internal business partners and external partners like brokers.
• Collaboration & Presentation: Work closely with colleagues and leaders across the SBR business, present projects to Senior Management, and contribute to an ongoing reporting automation initiative.

The Must-Haves
• Background: Bachelor’s degree or higher in actuarial science, mathematics, statistics, computer science, economics, or another analytical/business-related degree. Committed to completing the Society of Actuaries’ educational requirements to attain the FSA designation.
• Experience: Passed at least one SOA actuarial exam, with additional passed exams preferred. A GPA of 3.0 or higher is required.
• Skills: Must have strong mathematical, analytical, and computer/technical skills, with proficiency in Excel.
• Bonus: Knowledge of other programming languages such as Python, SQL, or R. Demonstrates strong critical thinking abilities, excellent communication skills, and exceptional organizational skills.