AVP & Actuary - PRT Pricing

Reposted 2 Days Ago
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New York, NY
Hybrid
161K-215K Annually
Senior level
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
Lead the Pension Risk Transfer pricing team, providing actuarial leadership, managing pricing processes, and coordinating with stakeholders for pension transactions and strategies.
Summary Generated by Built In
Description and Requirements
Title: AVP & Actuary - Pension Risk Transfer PricingLocation: New York, NYAlternate Location(s): Bridgewater, NJSetting: HybridReports to Title: VP RIS Annuity PricingTravel: <10%
The Opportunity The Retirement & Income Solutions (RIS) Annuity business is seeking an AVP & Actuary, a key and highly visible leadership role within the US Pension Risk Transfer Pricing team. Reporting to the Vice President, Annuity Pricing, this role will provide actuarial and technical leadership for pension risk transfer transactions and other key strategic initiatives in the Pensions business. This position will also be a people manager for associates and directors within the team.
This position interacts closely with all areas of RIS, including Product, Contracts, Implementation, Operations, as well as with enterprise stakeholders such as Finance, Actuarial, Risk, Investments, Legal, Tax, Accounting, and Treasury to respond to pricing needs for new business transactions and in-force management
How You'll Help Us Build a Confident Future (Key Responsibilities)
  • Lead and supervise PRT case level pricing from end-to-end: Perform, manage, and lead PRT case level pricing including review of plan documents; analyze participant & case data; recommend assumptions; perform calculations and sensitivity analysis; analyze profitability; review investment portfolios; review offer letters and contracts; post-sale coordination with & delivery of pricing results to internal and external stakeholders
  • Proactively coordinate with stakeholders and recommend and develop pricing & reinsurance strategies and methodologies, including custom solutions
  • Present pricing results, analysis, and recommendations to executive leadership
  • Act as the primary point person to provide actuarial leadership and support to internal partners (including Implementation, Contracts, & Operations) on all pricing & post-sale items, including amendments, calculation tools, and conversions; ensure timely execution; identify and implement end-to-end process and control improvements
  • Oversee & enhance all pricing and post-sales processes & functions to enhance the quality of work & improve efficiency
  • Ensure effective training, cross-training & development of entire PRT pricing team
  • Serve as people manager for approximately 5 associates / directors within the Annuity pricing team

What You Need to Succeed (Required Qualifications)
  • Bachelor's degree in mathematics, statistics or actuarial science or related discipline
  • Broad knowledge of buy-in, buy-out, qualified and non-qualified pension products, defined contribution and defined benefit pension plans, competitive trends, and U.S. regulatory environment for retirement annuities
  • 10+ years actuarial experience, including at least 2 years in the Pensions space
  • FSA with Society of Actuaries
  • Proven ability to manage timelines for and execute on time-sensitive deliverables
  • Proven experience managing, training, mentoring, and developing actuarial students
  • Strong quantitative and communication skills. Able to concisely present orally and in presentations.
  • Strategic and analytical thinker with ability to focus on details. Able to quickly spot issues and develop a recommended approach.
  • Strong collaborative skills and proven leadership on cross-functional projects
  • Self-starter with ability to effectively manage and supervise multiple projects and priorities simultaneously
  • Strong computer skills (Excel, Access, Visual Basic, Prophet)
  • Excellent analytical and spreadsheet skills

#LI-WRAPJOB
The expected salary range for this position is $161,000 to $214,600. This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.
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 2025 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2025 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!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").
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.
$161,000 to $214,600
#BI-Hybrid

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

What We Do

Named among the World’s Most Admired Companies™ by Fortune and recognized in the Fortune 100 Best Companies to Work For® list in 2025, MetLife is leading the global transformation of an industry we’ve defined for more than 155 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 fosters an inclusive culture where our people are energized and inspired to deliver for our customers and communities. 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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Hybrid Workspace

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

MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together

Typical time on-site: Flexible
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