Job description

Requirements

  • Entry level
  • No Education
  • Salary to negotiate
  • New York City

Description

Job Location: United States : New York : New York  

 

Role Value Proposition: 

The Economic Capital and Stress Projections team within Global Risk Management is responsible for production and development of Enterprise stress scenarios used by the company to develop stressed liquidity and capital (under various capital lenses, e.g. Statutory, GAAP, Economic) results used for key risk and capital management analyses and metrics. The team is also responsible for analyzing and understanding the impact of the scenarios on capital results and reporting results to the Capital Management Committee (CMC).

 

This position reports to the AVP of EC and Stress Testing and chair of the Economic Capital and Stress Testing Working Group. The position will be responsible for all aspects involved the production of the Enterprise stress scenarios. This will include the monthly production of scenarios as well as the development of new scenarios and the development and maintenance of the underlying statistical models used to project the factors making up each scenario. Also important to success in this position will be the ability to clearly communicate technical concepts and results to management (both written and oral) and to communicate with various modelers of financial results.

 

Key Responsibilities:

Research and develop models to project various risk factors.
Produce monthly and quarterly scenario runs for downstream processes (e.g. Liquidity Stress Model, statutory stress testing projections).
Maintain model used for production of Enterprise stress scenarios and associated documentation.
Support of Economic Capital and Stress Testing Working Group
Support analysis of financial impacts of stress scenarios.
 

Essential Business Experience and Technical Skills:

Required:

Strong statistical modeling background (e.g. regression, time series).
Strong Excel and programming skills (e.g. R, Python, C++, VBA).
Working knowledge of financial markets and financial modeling.
3+ yrs. relevant experience in financial markets or actuarial field.
Strong attention to detail and aversion to errors.
Bachelor's degree in mathematics, statistics, actuarial science, economics or similar field; MA in financial mathematics or statistics is highly preferred.
 

Preferred:

ASA or CFA is desired.
Working knowledge of R and SQL preferred.
Ability to communicate technical concepts in clear, concise manner.
Creativity and ability to exercise the “art” in modeling, not just the science.
 

Business Category

Global Risk Management – Economic Capital & Stress Testing

 

Number of Openings

1

 

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 is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on 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.

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

Requisition #: 106186 

About the company

The largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868.

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