Be an early applicantLess than 25 applicants

Company

MetLife · 2 days ago

Director, Inforce Annuity Contracts

United States

Full-time

Remote

Lead/Staff, Director/Executive

$98K/yr - $165K/yr

8+ years exp

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Asset ManagementFinancial Services

H1B Sponsor Likely

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Responsibilities

Function as the point person and subject matter expert for inforce annuities and related separate accounts, including deferred annuities.

Provide technical advice on contracts, state insurance regulatory filings, timely and accurately respond to insurance regulators’ questions and requests and negotiate approvals with state insurance departments for complex annuity products.

Draft and coordinate the development of separate account memos of operation filed with state insurance regulators.

Facilitate state insurance department and Interstate Insurance Compact regulatory filings using the SERFF electronic filing system and abide by RIS recordkeeping requirements.

Develop and issue forms for highly complex annuity contracts to support new and existing annuities products within RIS. Maintain forms to ensure compliance with applicable laws and regulations.

Assist in the analysis of proposed and enacted laws and regulations to identify required compliance activities.

Perform due diligence in analysis of critical new product ventures and contract conversions and effectively communicate implications to stakeholders.

Prepare complex and detailed documentation including proposals, commitment agreements, annuity contracts, and annuity certificates for prospective pension risk transfer opportunities in a fast-paced and deadline driven environment.

Participate in complex non-standard assignments and devise targeted solutions.

Expertly collaborate with various internal MetLife departments and ensure efforts are coordinated to achieve common objectives.

Research and respond to internal business partner questions regarding contract features and compliance.

Lead cross-functional projects and assist with special initiatives requiring project management skills, as required.

Continuously identify and implement process enhancements to drive efficiency.

Support the adoption and utilization of the contracts management platform Icertis.

Conduct peer reviews and provide training and mentoring to junior team members.

Provide support to other RIS Contracts teams, as needed.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Contract developmentAnnuities business knowledgeTechnical writingProject managementMicrosoft Office

Required

Expert level contract development and maintenance knowledge and advanced technical writing skills.

Deep experience working with deferred annuities contracts.

Knowledge of the annuities business (particularly pension risk transfer, institutional income annuities and/or structured settlements), qualified defined benefit plans, qualified defined contribution plans and/or ERISA.

Bachelor’s degree or equivalent business experience.

Strong analytical, problem solving and research skills to manage complex issues.

Attention to detail, organizational skills, and ability to multitask.

Self-motivated, flexible, and enthusiastic.

Excellent oral and written communication skills with ability to engage constructively with associates of various disciplines and levels as well as with state insurance department regulators.

Solutions-oriented and customer focused.

Strong interpersonal relationship skills in order to maintain positive working relationships with peers, leaders and business partners.

Strong interest in identifying and researching opportunities for continuous improvement, including digital/automated business solutions, integrating technology and process improvements.

Interest in managing projects and reviewing work.

Willingness to learn and develop skills across a multi-disciplined contracts team and share knowledge as appropriate.

Proficient in Microsoft Office, e.g., Outlook, OneDrive, Word, Excel, PowerPoint, OneNote, SharePoint, and Teams.

Preferred

8+ years of contract development, compliance, legal or relevant business experience.

Understanding of the insurance industry and product lines

Knowledge of the regulatory requirements and procedures for the development and filing of compliant contract forms associated with annuities business.

JD is a plus, but not required.

Benefits

Comprehensive health plan that includes medical/prescription drug and vision

Dental insurance

No-cost short- and long-term disability

Company-paid life insurance

Legal services

Retirement pension funded entirely by MetLife

401(k) with employer matching

Group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance

Employee Assistance Program (EAP)

Digital mental health programs

Parental leave

Volunteer time off

Tuition assistance

Company

MetLife

Glassdoor

3.9

MetLife is a provider of insurance, employee benefits, and financial services .

Founded in 1868

New York, New York, USA

10001+ employees

http://www.metlife.com

H1B Sponsorship

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Trends of Total Sponsorships

2023 (61)

2022 (165)

2021 (96)

2020 (78)