Product Development Assistant Specialist

MetLif; Fatih; On-site; TRY 350,000 - 550,000; Full time

Job summary

MetLife Türkiye is seeking a Product Development Assistant Specialist to assist in developing life insurance and pension products. You will support design, profitability analysis, and regulatory approvals, while collaborating with Sales, Finance, Operations, Underwriting, Actuarial and Regional Product teams to deliver innovative solutions.

The role emphasizes strong Excel skills, English communication, and the use of AI-powered tools for data-driven decision making within a fast-paced,

Qualifications

• Bachelor's degree in Actuarial Science, Statistics, Engineering, Mathematics, or a related quantitative field.
• Knowledge of actuarial concepts and profitability analysis.
• Progress toward actuarial qualification or completion of at least one actuarial exam preferred.
• Good command of written and spoken English.
• Advanced Excel skills.
• Strong analytical and problem-solving abilities.
• Good communication and teamwork skills.
• Ability to manage multiple tasks in a fast-paced environment.
• Demonstrated AI literacy with ability to use AI-powered tools for analysis and reporting.

Responsibilities

• Support new product development projects including business case preparation, pricing, profitability analysis, regulatory approvals, and implementation activities.
• Monitor product performance through persistency, claims, and expense analysis.
• Prepare monthly and quarterly experience monitoring reports.
• Support the design of new sales strategies and commission structures.
• Work closely with sales teams to improve product profitability and competitiveness.
• Coordinate with Finance, Valuation, and Reinsurance teams to ensure proper risk management.
• Support the development and review of underwriting rules for new and existing products.
• Identify opportunities for product enhancements based on market trends and customer needs.

Skills

Actuarial knowledge

Excel advanced

English proficiency

Analytical thinking

AI literacy

Teamwork

Multitasking

Education

Bachelor's degree in actuarial/science/math

Tools

AI tools

Job description

Join MetLife Türkiye as a Product Development Assistant Specialist and play a key role in developing and improving life insuranceand pension products. In this position, you will support product design, profitability analysis, business case preparation, and regulatory approval processes.

You will work closely with Sales, Finance, Operations, Underwriting, Actuarial and Regional Product teams to deliver innovative solutions and contribute to the company's growth objectives. This is an excellent opportunity for professionals who want to build their technical expertise in a dynamic and international environment.

Key Responsibilities

• Support new product development projects, including business case preparation, pricing, profitability analysis, regulatory approvals, and implementation activities.
• Monitor product performance through persistency, claims, and expense analysis.
• Prepare monthly and quarterly experience monitoring reports.
• Support the design of new sales strategies and commission structures.
• Work closely with sales teams to improve product profitability and competitiveness.
• Coordinate with Finance, Valuation, and Reinsurance teams to ensure proper risk management.
• Support the development and review of underwriting rules for new and existing products.
• Identify opportunities for product enhancements based on market trends and customer needs.

Required Qualifications

• Bachelor's degree in Actuarial Science, Statistics, Engineering, Mathematics, or a related quantitative field.
• Knowledge of actuarial concepts and profitability analysis.
• Progress toward actuarial qualification or successful completion of at least one actuarial exam is preferred.
• Good command of written and spoken English.
• Advanced Excel skills.
• Strong analytical and problem-solving abilities.
• Good communication and teamwork skills.
• Ability to manage multiple tasks and work in a fast-paced environment.
• Demonstrated AI literacy and the ability to effectively leverage AI-powered tools to support analysis, reporting, problem-solving, and data-driven decision-making while adhering to responsible AI practices.

Preferred Qualifications

• Experience in product development or pricing within the insurance industry.
• Knowledge of profitability testing and financial modelling.
• Understanding of reinsurance structures and underwriting processes.
• Experience working with regulatory approval processes.
• Familiarity with actuarial metrics such as VNB and Present Value of Premiums.
• Knowledge of data analysis and reporting tools.