Hybrid Market Risk Actuary — AI-Driven ALM & RP Modeling

MetLife; Whippany (NJ); Hybrid; USD 116,000 - 155,000; Full time

Benefits offered by this job

Health plan

401(k) with employer match

Life insurance

Parental leave

Job summary

MetLife is seeking a Market Risk Actuary to lead the Replicating Portfolio (RP) and ALM models within Global Risk Management. You will advance RP with Python, AI/ML, and automation while collaborating with ALM teams worldwide to ensure calibration and performance.

The role demands strong quantitative skills, actuarial credentials, and 5+ years of experience, with a hybrid Chicago-area or East Coast work setup and a salary range of $116,300–$155,100.

Qualifications

• Bachelor’s degree in mathematics, statistics, actuarial science, finance, or a related quantitative field.
• ASA or FSA actuarial designation.
• Strong modeling and programming skills, including Excel and languages such as Python, VBA, R, or C++.
• Deep knowledge of statistics, optimization, valuation, and AI/ML techniques.
• 5+ years of experience with exceptional analytical, mathematical, and organizational capabilities.

Responsibilities

• Manage the current RP model on a quarterly basis and evaluate RP performance.
• Lead the transition of the RP model to Python and enhance capabilities using AI/ML techniques.
• Manage and improve ALM and risk management models through automation and advanced analytics.
• Support Market Risk governance activities, including working groups and committee operations.
• Conduct risk analysis and provide insights for strategic business initiatives.

Skills

Actuarial modeling

Python

VBA

R

C++

Excel

Statistical analysis

Risk management

Education

Bachelor’s degree in mathematics, statistics, actuarial science, finance, or related field

ASA or FSA actuarial designation

Job description

MetLife is seeking a Market Risk Actuary to lead the Replicating Portfolio (RP) and ALM models within Global Risk Management. You will advance RP with Python, AI/ML, and automation while collaborating with ALM teams worldwide to ensure calibration and performance.

The role demands strong quantitative skills, actuarial credentials, and 5+ years of experience, with a hybrid Chicago-area or East Coast work setup and a salary range of $116,300–$155,100.