Actuarial Associate
MetLife · New York, NY · 4 wk ago
HybridFinanceFull-time
Key Responsibilities
- Perform PRT case level pricing end to end including review of plan documents; analyze participant & case data; develop & assess assumptions; perform calculations and sensitivity analysis; thorough review offer letters and contracts for consistency with pricing assumptions
- Provide support for assumption development, including spectrum of behavioral assumptions, for PRT transactions based on company, case, and industry data
- Provide actuarial support to internal partners (i.e. Implementation and Global Operations) on pricing issues
- Collaborate with the Contract team to develop a comprehensive bid letter and term sheet for each case and contracts after the sale
- Perform post-sales pricing related functions, such as creating individual cost listing, analyzing price variance, handling amendment calculations, etc.
- Provide support to refine current processes to enhance the quality of work and improve efficiency
Required Essential Business Experience and Technical Skills
- Minimum of 3 years of actuarial experience
- ASA/Pre FSA designation on Society of Actuaries
- Good computer skills (Excel, Access, Visual Basis, C++ or other programming languages)
- Excellent analytical and spreadsheet skills
- Good communication skills
- High degree of business and financial acumen
- Bachelor's degree in mathematics, statistics or actuarial science
Preferred
- Experience with Prophet