AVP, Market Risk

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Fellow of the Society of Actuaries or equivalent organization
  • 7+ years of experience in ALM, risk management, pricing, and/or investments
  • Proven project management experience with a track record of successful collaboration
  • Strong organizational, mathematical, and analytical skills
  • Ability to build partnerships and foster teamwork
  • Experience with a diverse range of investments, derivatives, and insurance products is a plus

Responsibilities

  • Lead the enhancement of the market risk framework for MetLife's Bermuda businesses
  • Integrate EC, GAAP, regulatory, and liquidity perspectives into market risk analysis and ALM strategy
  • Conduct thorough reviews of metrics and standards for portfolio ALM investment guidelines
  • Support one or more ALM Working Groups
  • Develop assigned ALM deep dives and playbooks
  • Review and communicate ALM strategies, financial results, and disclosures in regulatory filings
  • Maintain risk appetite statements and calibrate risk limits and regional cascades

Benefits

  • Comprehensive health plan including medical, prescription drug, vision, and dental insurance
  • No-cost short- and long-term disability insurance
  • Company-paid life insurance and legal services
  • Fully funded retirement pension and 401(k) with employer matching
  • Group discounts on voluntary insurance products
  • Employee Assistance Program (EAP) and digital mental health programs
  • Parental leave, paid time off, paid holidays, and volunteer time off
  • Tuition assistance and additional wellness programs
Full Job Description
Description and Requirements

The Opportunity

T his AVP position will play a key leadership role in advancing MetLife's market risk management framework for MetLife Bermuda businesses. The position will drive the integration of EC, GAAP, regulatory capital, and liquidity management considerations into market risk analysis, ALM strategy, and risk governance. The role will also lead ongoing enhancement of market risk analytics, data standards, risk appetite frameworks, and portfolio ALM investment guidelines.

Key Responsibilities

  • Lead efforts to enhance/evolve market risk framework for MetLife's Bermuda businesses
    • Better integrate EC, GAAP, regulatory, and liquidity perspectives into market risk analysis and ALM strategy
    • Perform robust review of metrics and standards for portfolio ALM investment guidelines
  • Provide primary support for one or more ALM Working Groups
  • Lead development of assigned ALM deep dives and playbooks
  • Review and communicate ALM strategies, financial results and disclosures in regulatory filings
  • Maintain risk appetite statements and lead calibrations of risk limits and regional cascade
  • Act as de puty Market Risk Officer of the Bermuda reinsurance entities


Required Qualifications

Incumbent should have a strong understanding of ALM, financial markets, risk management techniques, and general business skills, as well as the ability to manage several diverse projects simultaneously.
  • Fellow of the Society of Actuaries or equivalent organization
  • 7+ years of experience in ALM, risk management, pricing and/or investments
  • Project management experience and track record of getting collaborative projects through to completion
  • Excellent organizational, mathematical, and analytical abilities
  • Excels at building partnerships and fostering teamwork
  • Experience with a broad range of investments, derivatives, and insurance product types a plus


Preferred Qualifications

  • Thinks Strategically - Sets direction aligned to the company's strategy, applying external and global perspective to meet local and global needs.
  • Creates Partnerships - Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives.
  • Models our Values - Creates a culture that promotes the company's values and standards through role modeling, accountability and ownership of decisions.
  • Focuses on Customers - Promotes customer centricity and ensures focus on creating great customer experiences to achieve competitive advantage.
  • Drives Results - Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards.


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 $190,000 - $215,000 . Th is role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. 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, paid time off, paid holidays, volunteer time off, tuition assistance and much more! For more information regarding MetLife's U.S. benefits, please click here .

About MetLife Services and Solutions, LLC

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Joining MetLife Services and Solutions, LLC presents an unparalleled opportunity to advance one's career with a leader in global insurance services. This company stands out as a beacon of innovation, leadership, and professional growth.

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MetLife Services and Solutions, LLC offers a variety of job opportunities that cater to diverse skill sets and career aspirations. From entry-level positions to senior leadership roles, the company is committed to fostering a culture of growth and learning.

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The benefits at MetLife Services and Solutions, LLC go beyond the standard employment package. Employees enjoy comprehensive health benefits, diversity training, and programs aimed at personal and professional development. The company culture promotes inclusivity and values each team member's contribution towards collective goals.

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MetLife Services and Solutions, LLC is dedicated to the continuous professional growth of its employees. Through leadership training, skills development workshops, and career advancement opportunities, employees are equipped to meet their professional goals.

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At the intersection of technology and insurance, MetLife Services and Solutions, LLC leads with innovative solutions that redefine industry standards. The leadership is committed to maintaining a climate where novel ideas and strategic thinking are at the forefront of business operations.

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The hiring process at MetLife Services and Solutions, LLC is designed to identify and attract talent aligned with the company’s core values and business objectives. Candidates undergo a thorough interview process ensuring that both the company and the potential employees are set for mutual success.

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