Andy Rallis

Andy Rallis

EVP and Chief Risk Officer

Lincoln FinancialRadnor, Pennsylvania, United States

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Experience26+ Years
LevelCXO

Executive Overview

Andrew D. Rallis is Executive Vice President and Global Chief Actuary. In that capacity he is responsible for the practice of actuarial science across MetLife. To better serve internal clients as trusted advisors, to insure a clear line of sight to all actuarial functions, and to further the objectives of scale and simplicity, MetLife has adopted a global operating model under Mr. Rallis. Regional Chief Actuaries report jointly to Mr. Rallis and their respective CFOs in support of the Americas, EMEA, Asia and Global Employee Benefits regions. These regional roles are complimented by several global actuarial functions reporting directly to Mr. Rallis including Asset/Liability Management (ALM), Reinsurance, Actuarial Modeling, Emerging Actuarial Issues and Actuarial Services. In addition, Mr. Rallis serves as Chairman of MetLife’s captive reinsurers and serves on the Company’s employee benefits Investment Advisory Committee, as well as several internal asset/liability management and risk management committees. He is a frequent speaker at industry meetings on ALM and actuarial topics such as the risk management of variable annuities, the impact of low interest rates on insurers, and the transformation of actuarial functions. Mr. Rallis joined the Company in 1984 in MetLife's Actuarial Development Program. He has advanced through roles of increasing responsibility in pricing, valuation and ALM and has extensive capital markets, US GAAP, statutory financial reporting and product development experience. He has participated in the Company's adoption of GAAP accounting, the demutualization and funding of the Closed Block, the development of MetLife's economic capital model, and in the actuarial due diligence of and purchase GAAP accounting for various acquisitions. Mr. Rallis graduated from the MIT in 1982 with a BS in Physics and a BS in Mathematics. He is a Fellow of the Society of Actuaries (1992) and a Member of the American Academy of Actuaries.

Career Timeline

Professional employment history
  • May 2023–Present· 3 yrs 4 mos
    • Executive Vice President, Chief Risk OfficerCurrent
      May 2023–Present
  • Jul 2012–May 2023· 10 yrs 10 mos
    • EVP and Global Chief Actuary
      Jul 2012–May 2023
  • 2000–2011· 11 yrs
    • SVP
      2000–2011

Executive Relationship Map

Reports To
Andy Rallis
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

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Skills & Expertise

20 of 20 skills
Actuarial ScienceMarket RiskReinsuranceFinancial RiskLife InsuranceGeneral InsuranceFixed AnnuitiesRisk ManagementPortfolio ManagementSolvency IIValuationALMHedgingQuantitative FinanceInsuranceUnderwritingEconomic CapitalCapital ManagementEnterprise Risk ManagementCredit Risk