VP, Non-US New Product Risk Management
About The Position
The Vice President, Non-US New Product Risk Management is a strategic second-line risk leadership role within MetLife’s Insurance and Product Risk Management area of Global Risk Management. The role is responsible for reviewing, challenging, and approving product and pricing initiatives across non-US individual, group, and credit life businesses. It identifies novel and emerging risks in new and repriced products, distribution partnerships, and underwriting cases; translates those risks into pricing standards and practical controls; and ensures activities align with risk appetite, governance frameworks, and regulatory expectations. The position has broad enterprise impact and collaborates with Global Risk Management and stakeholders in Product, Pricing, Finance, Actuarial, Legal, Compliance, Operations, and the business. It helps shape the strategic vision for product and insurance risk management, drives risk-based decisions in product and pricing approvals, and strengthens consistent, transparent, and scalable governance. The role enables responsible growth by balancing business value with disciplined risk oversight, escalation of material and emerging issues, and ongoing monitoring of product risk themes, control effectiveness, and regulatory developments. The position is hybrid and requires at least three days per week in the office. The role is based in Warren, New Jersey, with New York, New York also listed as a posting location. Travel required is 10%.
Requirements
- 15 or more years of experience in the insurance industry, including product, pricing, or risk management.
- Strong technical understanding of insurance product development, pricing, and underwriting across individual, group, and credit life products, and related risk management practices.
- Demonstrated ability to design, implement, and maintain enterprise governance frameworks, policies, standards, and approval processes.
- Experience managing across a complex, highly matrixed organization.
- Strong strategic thinking, judgment, and problem-solving skills, including identifying emerging issues and translating them into practical governance actions.
- Excellent technical, written, and verbal communication skills, including the ability to influence senior leaders and explain complex topics to technical and non-technical audiences.
- Experience with regulatory, governance, and control expectations relevant to insurance products, pricing, and underwriting.
- Fluency with AI and advanced analytics, including using AI tools to make product risk reviews faster and deeper and critically assessing features in product design, pricing, and underwriting.
- Bachelor’s degree.
- Professional qualification in actuarial science (FSA or equivalent).
Nice To Haves
- Experience with life and group benefits insurance.
Responsibilities
- Lead the risk review, challenge, and approval of corporate product and pricing initiatives for non-US individual, group, and credit life products.
- Ensure new and repriced products, distribution partnerships, and underwriting cases support responsible growth with attractive, all-weather returns aligned with MetLife’s risk appetite and pricing standards.
- Identify and monitor risks affecting product profitability and risk profile, share data-driven insights, and work with business partners to escalate and remediate deviations.
- Manage group and credit life underwriting delegations of authority and support pricing standard updates that accelerate decision-making while maintaining appropriate guardrails.
- Enhance product and underwriting case reviews and post-launch monitoring, including using AI to keep pace with product development.
- Conduct periodic product, pricing, and underwriting risk reviews for emerging risks and share best practices across global markets.
- Lead and develop a highly motivated team, fostering a culture of high-quality, practical, business-minded risk professionals.
- Provide strategic advice to the SVP, Insurance & Product Risk Management and the Chief Risk Officer to advance Global Risk Management priorities and improve product and insurance risk management.
- Serve as a strategic business advisor to non-US product and pricing stakeholders, including Product, Pricing, Finance, Actuarial, Legal, Compliance, Operations, and Risk partners.
Benefits
- Comprehensive health plan including medical and prescription drug coverage, vision, and dental insurance.
- No-cost short- and long-term disability insurance.
- 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 and digital mental health programs.
- Parental leave.
- Paid time off.
- Paid holidays.
- Volunteer time off.
- Tuition assistance.
- May be eligible for annual short-term incentive compensation and stock-based long-term incentives, subject to applicable plan terms.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
