Actuarial Associate

Posted 4 Hours Ago
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Tampa, FL
Hybrid
1-3 Years Experience
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
As an Actuarial Associate, you will support expense forecasting for employee benefit programs, analyze trends and costs, and provide financial analysis for various employee benefits. You'll collaborate with HR, Legal, and Accounting teams to ensure financial accuracy and support governance committees with detailed data.
Summary Generated by Built In

Description and Requirements
The Team You Will Join
This position is with the HR Benefit Finance team in MetLife's actuarial line of business. The team is responsible for the financial management of the benefit plans that support MetLife employees including various pension, deferred compensation, medical, life and disability plans. The team works collaboratively with the HR, Legal, Accounting and Investment teams to provide financial analysis, projections and recommendations to senior leadership to maintain and enhance the financial security of these plans and MetLife employees.
How You'll Help Us Build a Confident Future (Key Responsibilities)

  • Support the expense forecasting of all benefit programs for use in enterprise business planning activities
  • Identify trends and anomalies in data and support analysis of impact on costs
  • Gather and collate monthly and quarterly information to support ongoing analysis and reporting of benefit plan costs and liabilities
  • Provide support for the determination of attribution of expense changes
  • Maintain and administer Corporate Owned Life Insurance
  • Work closely with team to manage funded status of various funding vehicles
  • Support Economic Capital and other insurance specific valuation processes as they relate to the employee benefit plans
  • Compile information to be presented to the company's benefit governance committees


What You Need to Succeed (Required Qualifications)

  • Bachelor's degree in Actuarial Science, Computer Science, Data Science, Math, Economics or related discipline.
  • Proficient in Excel, PowerPoint and Word
  • Strong technical, mathematical and analytical abilities
  • Strong written and oral communication skills


What Can Give You an Edge (Additional Skills)

  • Suggested 1+ years of actuarial, accounting or finance related experience
  • Basic understanding of data analytics and data analysis tools
  • Knowledge of basic accounting principles
  • Experience with SQL, VBA or Python


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 and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" as well as the 2024 Fortune 100 Best Companies to Work For ®, 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. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
Equal Employment Opportunity/Disability/Veterans
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
#BI-Hybrid

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The Company
HQ: New York, NY
43,000 Employees
Hybrid Workplace
Year Founded: 1868

What We Do

Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond.  With operations in more than 40 markets and leading positions across the globe, MetLife’s building a workforce of diverse and empowered voices that all belong.  Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

Why Work With Us

At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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Employees engage in a combination of remote and on-site work.

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