MetLife

Associate Director - Inv Portfolio Management

Posted 18 Minutes Ago

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Whippany NJ USA

Hybrid

135K-180K Annually

Senior level

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics

At MetLife we’re a purpose-driven company that helps our customers build a more confident future.

The Role

The Associate Director manages investment portfolios develops strategies for insurance products collaborates across teams and presents investment solutions. Requires strong quantitative skills and asset-liability management experience.

Summary Generated by Built In

Description and Requirements
The Team You Will Join
MetLife Insurance Investments (MII) manages MetLife's investment portfolio developing risk-managed strategies across global markets and asset classes to support business goals match insurance liabilities and ensure risk and return alignment. MII's work is integral to MetLife's legacy driving returns and long-term stability through meticulous investment and strategic planning. Our asset portfolio represents over a century of disciplined investment experience and foresight. With us you will design investment solutions and uncover opportunities that drive returns and long-term stability in collaboration with a team of industry leaders. Join us and leave a lasting impact.
The Opportunity
The Associate Director role is part of the MetLife Insurance Investments (MII) team and is responsible for in-force portfolio management and developing investment strategy to MetLife line of business partners. The Associate Director will focus primarily on Insurance entities backing Life Annuity Long-Term Care (LTC) and Surplus for both in-force portfolio management ALM investment strategy and value maximization strategies including the use of reinsurance.
Key Responsibilities

Provide oversight of our Investment portfolios mostly domiciled in United States (US)
Partner with counterparts in the business Reinsurance and Global Risk Management to develop optimal asset allocation and investment strategy
Partner with MetLife Investment Management (MIM) to identify attractive investment opportunities in support of pricing / investment strategy
Present investment strategy sensitivities and scenario analysis to MII partners and management including Global Risk Management Finance and line of business representatives
Monitor and thoroughly understand income and margin projections margin exposures profitability trends and propose mitigating solutions
Monitor and oversee investment performance and key risk / return metrics on an actual vs. expected basis
Contribute to the oversight and management of in-force investment portfolios
Support the MII Investment and business teams on strategic projects aimed at increasing portfolio profitability and/or mitigating portfolio risks
Using quantitative tools such as Blackrock Aladdin and Bloomberg evaluate cash flow key rate duration and ALM profiles of investment portfolios
Identify opportunities to manage risk and increase return reduce derivatives portfolio complexity and manage portfolio exposures
As needed propose new duration targets / duration frameworks for investment portfolios based on input from actuarial and other partners
Based on quantitative analysis propose and oversee progress of any strategic shifts in asset allocation
Participate in Annual Plan process including providing guidance on potential attractive asset needs in support of new business pricing
Present and obtain approval through ALM governance process (ALM Working Groups ALM Committees etc.) of shifts in new business investment / pricing strategy
Lead development of and/or present investment-related presentation materials to business partners
Partner with corporate partners on strategic initiatives including the use of third party reinsurance transactions

Required Qualifications

Strong quantitative skills and knowledge of Microsoft Excel
Experience using BlackRock/ Aladdin and Bloomberg systems
Investment and Asset-liability management experience
Strong interpersonal skills and ability to build partnerships and work in a team environment
Excellent communication and prioritization skills
Ability to multi-task in a fast paced less structured environment
Bachelor's degree required.

Preferred Qualifications

MBA or CFA preferred
Bachelor's degree preferred in Economics Finance Accounting Math or related field
10 years of work experience at an insurance company or in financial services industry

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 $134600 - $179500 . This 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!
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" Fortune World's 25 Best Workplaces™ as well as the 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 our core values - Win Together Do the Right Thing Deliver Impact Over Activity and Think Ahead - 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 [email protected]. 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.
#BI-Hybrid

Top Skills

Blackrock Aladdin

Bloomberg

Excel

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The Company

HQ: New York NY

43000 Employees

Year Founded: 1868

What We Do

We're honored to be No. 10 on Great Place to Work's World's Best Workplaces and recognized in the Fortune 100 Best Companies to Work For® list in 2025. At MetLife we're leading the global transformation of an industry we’ve defined for over 157 years. At MetLife every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond. With operations in more than 40 markets and leading positions across the globe MetLife fosters an inclusive culture where our people are energized and inspired to deliver for our customers and communities. Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife making the world a better place is All Together Possible.

Why Work With Us

At MetLife you’ll be working for a company whose purpose is to help customers throughout their life’s journey and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.