Actuarial Fellow jobs in Somerset, NJ

Description and Requirements

Role Value Proposition :

MetLife's US Actuarial Development Program (ADP) focuses on developing future leaders of MetLife who will create innovative business solutions based on actuarial principles and contribute to the success of the company.

As part of the professional development process, participants (known as "actuarial students") are expected to rotate to new actuarial assignments approximately every two years within core areas of MetLife's businesses.

Work experience gained will enable participants to become well-rounded actuaries and knowledgeable in several areas of actuarial practice.

Such areas of practice may include product development, pricing, valuation, actuarial modeling, risk management, asset liability management, finance, investments, underwriting, emerging actuarial issues, technology, data analysis, and auditing.

Key Responsibilities :

• Responsible for calculations, data analysis, and risk evaluations that are actuarial in nature.
• Responsible for initiating, organizing, and coordinating data and making recommendations to team members based on their research.
• Prepare for and take challenging actuarial exams administered through the Society of Actuaries (SOA) and work towards becoming qualified as Fellows of the SOA (FSA designation).

The Actuarial Development program will provide study days and other support to participants to help them pass their actuarial exams.

As a student in the ADP, participants are expected to balance their work responsibilities with their actuarial studies.

Essential Business Experience and Technical Skills :

Required :

• Bachelor's degree in actuarial science, mathematics, statistics, or a related field.
• GPA of 3.3 or higher.
• Passed exam P ; Additional passed exams may be required based on the particular position being filled.
• Committed to completing the Society of Actuaries' educational requirements to attain the FSA designation. This can be illustrated through passed.

exams, work experience, affiliation with actuarial organizations and clubs, and analytical degrees.

• Strong leadership skills.
• Strong computer / technical skills.
• Strong verbal and written communication skills.

Preferred :

Knowledge of programming languages a plus

Business Category

Actuarial Development Program

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.

MetLife :

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 help its individual and institutional customers navigate their changing world.

Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021.

We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row.

DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired Companies."

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

Visit us at www.metlife.com to learn more about our brand, history, and values.

If you need assistance and / or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to accommodations@metlife.

com or call our Employee Relations Department at 1-877-843-3711.

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce.

All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic / civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

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 2023 "World's Most Admired Companies" as well as the 2023 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 empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!

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.

Requisition # : 815

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Last updated : 2024-04-24