Senior Actuarial Associate

MetLif; Whippany (NJ); Hybrid; USD 97,000 - 130,000; Full time

Benefits offered by this job

Health plan

401(k) match

Life insurance

Disability insurance

Paid time off

Job summary

MetLife is seeking a Senior Actuarial Associate to join the Market Risk team within Global Risk Management. In a hybrid role, you will develop and enhance market risk models, analytics, and reporting used for ALM risk assessment across GAAP and economic perspectives.

You will produce risk reports, communicate insights to leadership, and advance automation through AI and Power Automate while supporting governance and strategic reviews. MetLife offers a comprehensive benefits package.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, finance, or related field.
• ASA designation (or near-ASA) with 4+ years of relevant actuarial experience.
• Advanced Excel modeling and quantitative analysis skills.
• Programming experience with Python, VBA, R, C++, or similar tools.
• Strong analytical, mathematical, and organizational capabilities.

Responsibilities

• Develop and enhance market risk models, reporting frameworks, and analytics.
• Produce risk reports and communicate key insights to Market Risk leadership.
• Improve reporting and modeling processes through AI, Power Automate, and other automation tools.
• Support business plan reviews and risk assessments for strategic initiatives.
• Assist with Market Risk governance activities, including working groups and committee operations.

Skills

Advanced Excel

Python

R

C++

VBA

Quantitative analysis

Education

ASA designation

Bachelor's degree in actuarial science

Tools

Power Automate

Job description

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

As part of the Market Risk team within the Global Risk Management, the Senior Actuarial Associate will support the development, maintenance, and enhancement of certain market risk models, analytics, and reports, used to assess MetLife’s risk profile for ALM management across economic and accounting perspectives

Key models and reporting processes supported by this role include:

• Risk exposure report under accounting (GAAP, Statutory) and Economic views.

Additionally, this role will provide analytic support for other strategic initiatives for market risk management.

Key Responsibilities

• Develop and enhance market risk models, reporting frameworks, and analytics.
• Produce risk reports and communicate key insights to Market Risk leadership.
• Improve reporting and modeling processes through AI, Power Automate, and other automation tools.
• Support business plan reviews and risk assessments for strategic initiatives.
• Assist with Market Risk governance activities, including working groups and committee operations.

Required Qualifications

• Bachelor\'s degree in actuarial science, mathematics, statistics, finance, or a related field.
• ASA designation (or near-ASA) with 4+ years of relevant actuarial experience.
• Advanced Excel modeling and quantitative analysis skills.
• Programming experience with Python, VBA, R, C++, or similar tools.
• Strong analytical, mathematical, and organizational capabilities.

Preferred Qualifications

• Knowledge of insurance and financial concepts, including insurance products, valuation, ALM, derivatives, investment assets, statistics, optimization, and AI/ML.
• Understanding of insurance accounting and reporting frameworks, including US GAAP, IFRS, statutory accounting, and solvency reporting.
• Experience driving process improvement through automation, with the ability to streamline workflows and enhance operational efficiency.

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 $97,400 - $129,800. This role may also be eligible for annual short-term incentive compensation. 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 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 #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.

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