Senior Contract Development Analyst

Posted 11 Days Ago
New York, NY
Hybrid
Junior
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 Senior Contract Development Analyst is responsible for preparing and submitting regulatory filings for pension risk transfer products. They collaborate with various teams to develop contracts, maintain databases, track filing statuses, and respond to regulatory inquiries. The role also involves supporting compliance and product development projects.
Summary Generated by Built In

Description and Requirements
Senior Contract Development Analyst
For over 150 years, MetLife has continuously sought to make a meaningful impact in the lives of our customers and our communities. Today, MetLife continues its purpose, "Always With You, Building a More Confident Future" .
Retirement and Income Solutions (RIS) is a part of MetLife's U.S. Business and issues products for transferred pension liabilities, stable value, institutional income annuities, benefits funding, and structured settlements. As part of the RIS Contracts team, this role works closely with the product, sales, pricing, implementation, operations, and legal teams to develop and file contracts and related documents for pension risk transfer, institutional income annuities, and structured settlements products.
This role is primarily responsible for filing of forms with state insurance departments and required periodic reporting with supervision for the RIS organization. Forms primarily include contracts, amendments, certificates, letters of agreement, and separate account memoranda of operations.
Key Responsibilities

  • Prepare and submit state and Interstate Insurance Product Regulation Commission (Compact) regulatory filings, primarily using the System for Electronic Rate and Form Filing (SERFF).
  • Respond to insurance regulators' questions and requests related to SERFF filings.
  • Track the status of regulatory filings and update all relevant stakeholders.
  • Manage recordkeeping for issued forms and other filing documentation and maintain appropriate databases and systems.
  • Assist with development and issuance of forms and documents to support new and existing products within RIS.
  • Maintain knowledge and understanding of company policies and state rules and regulations impacting contracts.
  • Collaborate with internal business partners as necessary to accomplish objectives.
  • Assist with special compliance, product development and team projects on an as needed basis.
  • Support the implementation and utilization of the contracts management platform Icertis.


Essential Business Experience and Technical Skills
Required:

  • Bachelor's degree or equivalent business experience.
  • Proficient in Microsoft Office, e.g., Outlook, OneDrive, Word, Excel, PowerPoint, OneNote, SharePoint, and Teams.
  • Strong analytical, problem solving and research skills to handle complex issues.
  • Attention to detail, organizational skills and the 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.
  • Outcome-focused and deadline oriented.
  • Strong interpersonal relationship skills to maintain positive working relationships with peers, leaders and business partners.
  • Strong interest in identifying opportunities for continuous improvement, including digital/automated business solutions, integrating technology and process improvements.
  • Strong customer focus.


Preferred:

  • 1-2 years of SERFF and Florida Insurance Regulation Filing System (IRFS) submission experience.
  • 3-5 years of experience in the group life insurance industry, preferably involving contract drafting, filing or within compliance aspects of this business.


The salary range for applicants for this position is 60,900 to 81,200.
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, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2024 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 empathy, 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.
60,900 to 81,200
#BI-Hybrid

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The Company
New York, NY
43,000 Employees
Hybrid Workplace
Year Founded: 1868

What We Do

Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 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’s building a workforce of diverse and empowered voices that all belong.  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.

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Employees engage in a combination of remote and on-site work.

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