New York, NY, 10176, USA
1 day ago
Director, RIS R&D & Strategy
Role Value Proposition: Reporting to the Vice President, RIS R&D & Strategy, this position plays a key role to accelerate profitable business growth and optimize shareholder value across Retirement Income Solutions (RIS). The role focuses largely on pricing support for RIS growth efforts covering new product development, market-entry for new markets, and development of innovative capital solutions. The successful candidate will independently execute RIS growth initiatives. The role will work closely with corporate functional partners, including reinsurance, treasury, risk, actuarial, finance, investments, legal, and operations, and will be highly visible within the organization. Key Responsibilities: * Pricing feasibility assessment for new RIS growth markets, with a particular focus on retail annuity reinsurance, including MYGA, FIA, and RILA * Pricing model development for new RIS growth markets * Contribute to the efforts to improve capital efficiency and enhance the business value for RIS * Collaborate with Reinsurance, Treasury, Risk, Actuarial, Finance, Investment, and other business functions * Communicate results to business partners and senior management Essential Business Experience and Technical Skills: Required: * Bachelor’s degree in actuarial science, math, statistics, economics, or related discipline * FSA, ASA or CFA with 5+ years of insurance industry experience with comprehensive business knowledge * Strong financial modeling, analytical, and problem-solving skills * Good presentation and written communication skill * Good knowledge in reinsurance and capital framework * Ability to operate effectively in a highly matrixed environment Preferred: * Prior experience in ALM or Reinsurance is a plus * Prior experience in pricing or valuation of MYGA, FIA, or RILA is a plus * Strong knowledge in Retirement products * Strong knowledge in reinsurance and capital framework * Strong knowledge or ability to quickly learn, MetLife's processes and systems * Good understanding of income statement and balance sheet Equal Employment Opportunity/Disability/Veterans If you need an accommodation due to a disability, please email us at accommodations@metlife.com. 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.
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