VP, Head of COLI/BOLI Product

Description and Requirements
The Team You Will Join
Join MetLife's Retirement & Income Solutions team and help shape the future of financial security for millions. As the trusted market leader in institutional retirement, you'll contribute to delivering $5.5 billion in annual benefits payments to almost one million retirees and beneficiaries. Here, you'll work with annuities, risk solutions, and stable value products that help companies reduce risk and maintain financial strength while empowering individuals to retire with confidence. Join us to help solve today's most complex retirement challenges and make a lasting impact on our customers' lives.
The Opportunity
Reporting to SVP, head of RIS Risk Solutions, the VP role plays a critical leadership role in our business. The successful candidate will be highly visible within the organization. The candidate will be responsible for the P&Ls of the well-established COLI and BOLI business and driving profitable growth in alignment with MetLife's New Frontier strategy.
Key Responsibilities

• Oversee performance outcomes across growth, retention, earnings, profitability for MetLife's COLI/BOLI business, in partnership with Investment, Finance, Risk, and Client Service functions
• Effectively manage complex client and broker relationships
• Develop and execute business strategy and make decisions to set pricing target and refine / sunset products, that meet both customer demands and shareholders' goals
• Recruit, manage and develop talent for COLI/BOLI business team while setting clear goals, operating rhythm, and accountability for delivery and outcomes
• Compliance with all applicable laws and regulations

Required Qualifications

• 15+ years of insurance industry experience
• 10+ years of progressive people leadership experience, including team management, succession planning and leadership of leaders
• Strong business knowledge of COLI/BOLI products
• Strong knowledge of Statutory, GAAP, and capital frameworks in Life Insurance
• Understands value drivers across the business, including the role of AI - financially, operationally, competitively.
• Bachelor's degree in business, actuarial science, math, statistics, economics, or related discipline
• Professional credentials: FSA, FIA or CFA

Preferred Qualifications

• Proven experience in spearheading innovative strategies in insurance solutions, pricing methodologies, and market expansion.
• Track record of leading strategic transformations, including new product development, portfolio optimization, or risk transfer solutions.
• Strong relationships with banks, insurers, brokers, and regulatory bodies to navigate complex market landscapes effectively.

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 $217,500 - $290,000 . 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.
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