Actuarial Analyst - Product

Job content

Actuarial Analyst – Product

Job Location: At least two days in Brighton

Role Value Proposition

The role sits within the UK Product team and supports the actuarial pricing, underwriting and product development needs of the UK business. This includes pricing, underwriting, product development, model development, financial reporting, experience analysis and working closely with other functions on actuarial tasks emanating from Employee Benefits, Individual Protection, and Wealth Management.

Key Responsibilities

Contribute to the Product Development Process

Market research and pricing analyses

Manage and complete all product approval documentation in conjunction with all stakeholders

Calculate financial metrics and participate in experience analyses and assumptions setting

Ensure there is a customer focus in all aspects of the actuarial control cycle

Financial Modelling and reporting

Develop and maintain pricing, reporting, management information and quote models

Accurately reflect all reinsurance arrangements and capital calculations in models

Work with Global Employee Benefits, EMEA and other functions to ensure we collaborate and achieve success

BAU Activities

Work closely with other members of the Product team to support ongoing product management and monitoring, and reporting responsibilities

Collaborate with other functions in the business

Required

Essential Business Experience and Technical Skills:

• Minimum Bachelor’s degree in Actuarial Science
• Very strong technical background with MS Office, especially Excel VBA
• The successful candidate must:
  
  • Pay attention to detail
  • Take ownership and personal responsibility for delivering timely, high-quality work.
  • Be able to understand, question and challenge work undertaken.
  • Display the ability to work in a small and dedicated team.
  • Have good communication skills with the ability to interact with different stakeholders.
  • Be able to source and collate data, draw conclusions and present findings.
  • Learn quickly from experience

Preferred

• Experience with Python, Alteryx, and other quantitative software packages
• Working experience in the UK protection industry
• Good progression with actuarial exams
• Good communication skills
• Innovative and creative mind

MetLife

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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are one of the largest institutional investors in the U.S. with $659.6 billion of total assets under management as of December 31, 2020. We are ranked #48 on the Fortune 500 list for 2020. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies.

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world. Visit us at www.metlife.com to learn more about our brand, history, and values.

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to 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 will assist in the funding of Professional Fees for employees where it is relevant and aligned to your position within the organisation. MetLife reserve the right to make a judgement on whether the subscription is relevant or not to your role as well as cease the payment at any time. This type of subscription will not incur “benefit in kind” tax.

MetLife is proud to be an equal opportunity employer. We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce. It is the policy of MetLife to ensure equal employment opportunity without discrimination on any basis protected by law.

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 #: 118615

We welcome applications from candidates of all backgrounds, ethnicities, genders, religions and sexual orientations.

We strive to find the best candidate for all positions and a diverse range of applicants ensures we widen our talent pool in order to achieve this.

Those with disabilities and neurodiverse conditions, please do let us know about your reasonable adjustments to ensure that we can best meet your needs.

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