Description

Description and Requirements

Role Value Proposition:

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. We're united by our purpose to help our customers and each other create a confident future; we're guided by empathy; and we're inspired by each other to make a difference in the lives of our coworkers, customers, communities, and the world at large. At MetLife, it's #AllTogetherPossible . Join us!

The Associate role within the MetLife Insurance Investments (MII) team is responsible for portfolio optimization through expert understanding and use of the solver model, supporting a broad range of MetLife products, with a primary focus on Pension Risk Transfer. The Associate will partner closely with representatives from the US Business segment, MetLife Investment Management (MIM), and MII.

Key Responsibilities:

• Execute portfolio optimization by adhering to established procedures and governance frameworks, leveraging the solver model, and applying advanced numerical optimization expertise to address pricing requests for U.S. Business products, such as Pension Risk Transfer (PRT), Bank-Owned Life Insurance (BOLI), Guaranteed Investment Contracts (GIC), and Registered Index-Linked Annuities (RILA).
• Collaborate closely with U.S. Business representatives to gain a clear understanding of pricing request context, associated constraints, and product timelines.
• Oversee the Assets-In-Kind review process and recommend optimal asset selections and hedging strategies for Pension Risk Transfer.
• Develop and implement interim portfolio strategies for Pension Risk Transfer.
• Liaise with MIM Insurance Asset Management (IAM) team to implement new business investment strategies and integrate them into the optimization model.
• Lead development of and/or present investment-related presentation materials to governance committees.
• Proactively identify opportunities to enhance the existing model and reporting framework to deliver improved pricing outcomes.
• Handle business-as-usual periodic internal reporting.

Essential Business Experience and Technical Skills:

Required:

• Numerical optimization experience - the ideal candidate must demonstrate a solid understanding of mathematical optimization principles and their practical application.
• Strong quantitative skills and knowledge of Microsoft Excel, including VBA
• Experience using Bloomberg
• Strong interpersonal skills and ability to build partnerships and work in a team environment
• Excellent communication, prioritization and multi-tasking skills in a fast-paced environment.

Preferred:

• CFA Preferred
• Bachelor's degree preferred in Mathematics, Information Science, Economics, Finance, Accounting, or related field
• Asset-liability management experience in insurance industry
• Experience using BlackRock/Aladdin and Murex
• 3 years of work experience at an insurance company or in financial services industry

At MetLife, we're leading the global transformation of an industry we've long defined. United in purpose, diverse in perspective, we're dedicated to making a difference in the lives of our customers.

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 $116,900 - $136,000. 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, volunteer time off, tuition assistance and much more!

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.

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 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.

$116,900 - $136,000


Requisition #: 14308

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