MetLife

Location(s)

• Posting Location: New York, New York
• Posting Location: Bridgewater, New Jersey

City/Cities

Bridgewater, New York

Country

United States

Working Schedule

Full-Time

Work Arrangement

Hybrid

Travel Required

10%

Relocation Assistance Available

No

Posted Date

11-Jun-2025

Job ID

9481

Description and Requirements

Title: VP Annuity Reinsurance and R&D

Location: New York, NY

Alternate Location(s): Bridgwater, NJ

Setting: Hybrid

Reports to Title: SVP, RIS Risk Solutions

Travel: 10% to 20%

The Team You Will Join

The Retirement Income Solutions (RIS) Business, one of the largest U.S. segments in MetLife, offers a wide variety of products including pension risk transfer products, stable value products, structured settlements, Institutional Income Annuities, UK Reinsurance solutions, Annuity Reinsurance Solutions, Post Retirement Benefit solutions and COLI/BOLI.

The Opportunity

Reporting to SVP, head of RIS Risk Solutions, the VP plays a critical role in RIS. The successful candidate will be highly visible within the organization and will be responsible for not only the P&Ls of the newly formed US retail annuity reinsurance business but also the R&D function supporting all RIS businesses to accelerate profitable growth and optimize capital efficiency in alignment with MetLife’s New Frontier strategy.

How You’ll Help Us Build a Confident Future (Key Responsibilities)

• Develop, implement and maintain retail annuity reinsurance products:
  • Lead the team including pricing, product and admin functions to be responsible for the P&Ls for the newly formed US retail annuity reinsurance business
  • Effectively manage complex client relationships
  • Continue to innovate and develop new reinsurance solutions and relationships in the US retail annuity market
• Collaborate with Corporate reinsurance team and local pricing teams to evaluate and develop and implement reinsurance strategies for RIS businesses, including internal offshore reinsurance and external reinsurance new partnership or recapture
• Lead RIS strategic initiatives, including development of new products, strategic partnership with MetLife sidecar entity or other R&D projects for RIS business
• Liaise with MetLife Investment Management to evaluate strategic alternative investments in RIS portfolios
• Recruit, manage and coach / develop talent on the Annuity Reinsurance and R&D team

What You Need to Succeed (Required Qualifications)

• 15+ years of (re)insurance industry experience
• Strong business knowledge of US Retail Annuity products
• Strong knowledge of Statutory, GAAP (as well as IAS), ERISA and capital frameworks in US and Bermuda
• Strong knowledge of the legal structure of reinsurance contracts.
• Deep knowledge of the industry, marketplace, and regulatory developments and impact on the business
• Experience in complex financial structures including modeling and risk management in life and pensions
• Bachelor’s degree in actuarial science, math, statistics, economics, or related discipline

What Can Give You an Edge (Additional Skills)

• Proven experience in spearheading innovative strategies in reinsurance solutions, pricing methodologies, and market expansion.
• International work experience with a strong understanding of global reinsurance markets, regulatory environments, and cross-border business dynamics.
• Track record of leading strategic transformations, including new product development, portfolio optimization, or risk transfer solutions.
• Strong relationships with global reinsurers, brokers, and regulatory bodies to navigate complex market landscapes effectively.
• Professional credentials: FSA, FIA or CFA
• Proven leadership capabilities that grow organizational capabilities, cultivates an engaged culture and effectively manages team deliverables and performance

#LI-WRAPJOB

The salary range for applicants for this position is $213,200 to $284,300 - This role is also eligible for annual short-term incentive compensation and stock-based long-term incentives..

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 2025 "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™ for 2024, as well as the 2025 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!

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.

$213,200 to $284,300 - This role is also eligible for annual short-term incentive compensation and stock-based long-term incentives.

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