AVP, Market Risk

MetLife; Whippany (NJ); Hybrid; USD 190,000 - 215,000; Full time

Benefits offered by this job

Hybrid work model

Annual incentives

Stock-based awards

Job summary

MetLife Bermuda is seeking an AVP to lead market risk optimization, integrating EC, GAAP, liquidity, and ALM considerations. The role drives analytics, data standards, and risk governance across Bermuda operations.

The ideal candidate brings 7+ years in ALM/risk management, SOA fellowship or equivalent, and strong project leadership. Hybrid work setup with competitive compensation and incentives awaits.

Qualifications

• Strong ALM, financial markets, and risk management knowledge.
• Ability to manage several diverse projects simultaneously.
• Fellow of the Society of Actuaries (SOA) or equivalent.
• 7+ years in ALM, risk management, pricing and/or investments.
• Proven project management experience with delivery results.

Responsibilities

• Lead enhancements to Bermuda market risk framework.
• Integrate EC, GAAP, regulatory, and liquidity perspectives into risk analysis/ALM.
• Review metrics/standards for portfolio ALM investment guidelines.
• Support ALM Working Groups as primary contact.
• Lead ALM deep dives and playbooks development.
• Communicate ALM strategies and disclosures in regulatory filings.
• Maintain risk appetite statements and calibrate risk limits across regions.
• Act as deputy Market Risk Officer for Bermuda entities.

Skills

ALM

Risk management

Financial markets

Investments

Project management

Analytical skills

Cross-functional teamwork

Education

SOA fellowship or equivalent

Job description

Description and Requirements

The Team You Will Join

Join our Global Risk Management Group, where you’ll play a key role in safeguarding the company, ensuring we deliver on our commitments to customers and stakeholders, and driving responsible growth. As part of our team, you’ll identify, monitor, and mitigate both financial and non-financial risks across the organization. Leverage your expertise as the second line of defense to advise our business on effective risk management strategies. This means challenging ideas, implementing robust controls, and enforcing guardrails to foster responsible business growth. Join us in advancing MetLife’s legacy of trust through exemplary risk management practices.

The Opportunity

This AVP position will play a key leadership role in advancing MetLife’s market risk management framework for MetLife Bermuda businesses. The position will drive the integration of EC, GAAP, regulatory capital, and liquidity management considerations into market risk analysis, ALM strategy, and risk governance. The role will also lead ongoing enhancement of market risk analytics, data standards, risk appetite frameworks, and portfolio ALM investment guidelines.

Key Responsibilities

• Lead efforts to enhance/evolve market risk framework for MetLife’s Bermuda businesses
• Better integrate EC, GAAP, regulatory, and liquidity perspectives into market risk analysis and ALM strategy
• Perform robust review of metrics and standards for portfolio ALM investment guidelines
• Provide primary support for one or more ALM Working Groups
• Lead development of assigned ALM deep dives and playbooks
• Review and communicate ALM strategies, financial results and disclosures in regulatory filings
• Maintain risk appetite statements and lead calibrations of risk limits and regional cascade
• Act as deputy Market Risk Officer of the Bermuda reinsurance entities

Required Qualifications

Incumbent should have a strong understanding of ALM, financial markets, risk management techniques, and general business skills, as well as the ability to manage several diverse projects simultaneously.* Fellow of the Society of Actuaries or equivalent organization* 7+ years of experience in ALM, risk management, pricing and/or investments* Project management experience and track record of getting collaborative projects through to completion* Excellent organizational, mathematical, and analytical abilities* Excels at building partnerships and fostering teamwork* Experience with a broad range of investments, derivatives, and insurance product types a plus

Preferred Qualifications

• Thinks Strategically - Sets direction aligned to the company’s strategy, applying external and global perspective to meet local and global needs.
• Creates Partnerships - Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives.
• Models our Values - Creates a culture that promotes the company’s values and standards through role modeling, accountability and ownership of decisions.
• Focuses on Customers - Promotes customer centricity and ensures focus on creating great customer experiences to achieve competitive advantage.
• Drives Results - Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards.

Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.

The expected salary range for this position is $190,000 - $215,000. 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, paid time off, paid holidays, volunteer time off, tuition assistance and much more! For more information regarding MetLife’s U.S. benefits, please [1] click here.

About MetLife

Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World’s 25 Best Workplaces, as well as the 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.

As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We’re looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.

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 our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. At MetLife, it’s [2] #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 [e-mail]. 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.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liabilities.

This posting is for a current vacancy and is anticipated to remain open for at least 90 days from the listed posting date.References

Visible links1. https://www.metlife.com/content/dam/metlifecom/us/noindex/pdf/HR-US-Benefits/US-Benefits-Overview-10-13-2025.pdf2. https://www.metlifecareers.com/ml/GreatPlaceToWork