MetLife, Inc. has said that Bryan Boudreau has been appointed as executive vice president and global chief actuary, effective May 11, 2023. In his new role, Boudreau will lead a global team that uses valuations, experience studies, pricing, modelling, asset and liability management and other actuarial functions. Boudreau will report to chief financial officer John McCallion. Boudreau replaces Andy Rallis, who will retire effective May 10, 2023. Rallis retires after a 39-year career at MetLife - including 11 years as global chief actuary. Boudreau currently serves as U.S. chief actuary and head of Global Asset Liability Management at MetLife, responsible for overseeing all actuarial functions for MetLife in the U.S., including liability valuation and
asset liability management. Boudreau, who holds designation as a CFA, worked at MetLife earlier in his career and re-joined the company in 2013. Before MetLife, Boudreau held leadership and advisory positions at New York Life Insurance Company, Mercer Investments, Morgan Stanley, and Barclays Capital. He began his career as a pension consultant at Hewitt Associates.