MetLife

Contract Development Analyst

Posted on: 27 Feb 2021

Wilmington, DE

Job Description

Role Value Proposition:

Develops and issues group policy contracts and amendments in order to achieve all regulatory compliance for international insurance products marketed by MetLife Worldwide Benefits Business. Also consults with actuarial, legal, sales, marketing, underwriting, claims and administrative staff to identify product specifications and issue requirements in connection with product development, product updates and changes in insurance laws and regulations.

Key Responsibilities:

* Plays a supporting role within the Worldwide Benefits UW & Contracts Department, providing support in implementing new business and renewal contract issuance.
* Primary responsibility is for issuance of policies to new expatriate clients and amendments to contracts with existing clients.
* Learns aspects of generating group contract documents and maintains adequate file documentation according to procedures.
* Process, cancel and update all related items as necessary in non-renewal of contracts.
* Researching and responding to Underwriter questions.
* May participate in the analysis of product plan designs and provisions to ensure contract accuracy.
* Perform other related duties as assigned or required

Essential Business Experience and Technical Skills:

Required:

* 1-2+ years of professional experience
* Broad knowledge of the regulatory landscape
* Demonstrated experience conducting and effectively summarizing research
* Must have ability to work cross-functionally with peers and leaders from various lines of business as well as external agencies
* Intermediate to advanced Microsoft Office software skills Word, Excel, and PowerPoint
* Strong written and oral communication skills
* Ability to effectively analyze and synthesize complex information
* Experience navigating a matrixed business environment

Preferred:

* Bachelors degree strongly preferred
* J.D. a plus
* Exposure to group benefits products and/or public sector/regulatory stakeholders a plus

Business Category

Global Employee Benefits

Number of Openings

1

At MetLife, were leading the global transformation of an industry weve long defined. United in purpose, diverse in perspective, were dedicated to making a difference in the lives of our customers.

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the worlds leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are one of the largest institutional investors in the U.S. with $651 billion of total assets under management as of September 30, 2020. We are ranked 48 on the Fortune 500 list for 2020. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven companies.

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to 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.

Requisition : 116231

MetLife

New York, New York

MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among 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 MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders. The company went public in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia's Pacific region, Europe, and the Middle East. MetLife serves 90 of the largest Fortune 500 companies. The company's principal offices are located at 200 Park Avenue, New York City in Midtown Manhattan, New York City, though it retains some executive offices and its boardroom in the MetLife Building, located at 200 Park Avenue, New York City, which it sold in 2005.

In January 2016, the company announced that it would spin off U.S. Retail business, including individual life insurance and annuities for the retail market, in a separate company called Brighthouse Financial. They will maintain the MetLife name on MetLife Stadium. On March 6, 2017, the separated U.S. Retail business launched Brighthouse Financial – an independent company focused on life insurance and annuities.

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