Actuarial Associate - Economic Capital & Stress Testing


: $136,960.00 - $136,960.00 /year *

Employment Type

: Full-Time


: Financial Services - Insurance

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Job Location: United States:New York : New York

Role Value Proposition:

MetLifes 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 MetLifes 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.

In this rotation, you will work in the Economic Capital (EC) & Stress Testing team within Global Risk Management which is responsible for all aspects of enterprise EC, including production, reporting, analysis, methodology, and projections. EC is a key risk metric that is an input for decisions pertaining to ALM, hedging, capital allocation, pricing, and product strategy. The EC team supports our global businesses that are subject to similar regulatory requirements on a local basis (e.g. Solvency II Europe and Mexico, Japan EC local).

This position, which reports to the AVP of EC and Stress Testing, will be responsible for running and analyzing EC sensitivities and scenario projections, as well as assisting with certain EC framework experience updates and quarterly analysis of EC results. This includes clearly communicating results to management (both written and oral).

Key Responsibilities:

* Production of EC sensitivity reports
* Production of EC scenario projections for stress testing and the annual business plan
* Supporting quarterly EC analysis includes detailed analysis of country results, risk type, and explanation of variances.
* Supporting EC assumption and experience updates as necessary (e.g. diversification correlation matrix, liability discount rate).

Essential Business Experience and Technical Skills:


* Bachelor's degree in mathematics, statistics or actuarial science.
* 2-3 actuarial exams passed
* Proactive, intellectually curiosity, and ability to operate with a sense of urgency.
* Strong analytical skills
* Advanced Excel and VBA technical ability
* Ability to communicate and present technical topics simply and effectively

Business Category

Global Risk Management Economic Capital & Stress Testing

Number of Openings



At MetLife, were leading the global transformation of an industry weve long defined. United in purpose, diverse in perspective, were dedicated to making a difference in the lives of our customers.

MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

Requisition #: 111222

Associated topics: actuarial consultant, actuarial director, actuary, assistant actuary, associate actuary, investment actuary, life actuary, mathmatics, probability, risk * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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