What is MetLife's mission statement?
MetLife’s core corporate purpose and guiding statement is "Always with you, building a more confident future."
Core Purpose & Objectives
- Providing Financial Security: Delivering financial protection, support, and insurance solutions.
- Supporting Critical Life Moments: Standing by customers during major life changes and challenges.
- Sustainable Communities: Championing education and investing in sustainable community solutions via the MetLife Foundation.
Core Values
- Put Customers First: Acting with care, empathy, and respect.
- Be the Best: Driving innovation and maintaining high performance.
- Succeed Together: Practicing integrity, honesty, diversity, and inclusivity.
You can read more about their corporate vision directly on the MetLife Purpose & Mission page.
What are MetLife's core values?
MetLife's core values are Put Customers First, Be the Best, Succeed Together, and Make Things Easier.
Learn more about their corporate approach on the MetLife Culture and Values page.
Core Values Breakdown
- Put Customers First: Care for and respect customers in every interaction.
- Be the Best: Pursue relentless innovation, raise the bar, and learn quickly.
- Succeed Together: Rely on honesty, integrity, diversity, and inclusivity.
- Make Things Easier: Simplify solutions and build trust for clients and partners.
What is MetLife's motto?
MetLife's current tagline is “Navigating life together.”
Historical Slogans and Mottos
Over the years, MetLife has used several famous slogans and mottos in its advertising:
- “Get Met. It Pays.” (1985–2019): This iconic slogan often featured Snoopy and the Peanuts gang.
- “The Light That Never Fails” (1909–1964): An early corporate motto paired with an image of a lighthouse tower.
Core Purpose
Today, the company operates under the guiding purpose: “Always with you, building a more confident future.”
Is MetLife an ethical company?
MetLife is generally considered a reputable and responsible financial services provider, earning high marks for financial strength, corporate governance, and employee satisfaction.
Ethical and Governance Standards
- Code of Conduct: The company enforces a strict enterprise-wide Code of Business Ethics that requires annual training, fair conduct, and zero tolerance for bribery.
- Reporting Mechanisms: Employees and customers can use anonymous reporting tools, such as a dedicated Ethics & Fraud HelpLine, to flag violations without fear of retaliation.
- Human Rights: As a participant in the UN Global Compact, MetLife maintains explicit policies against human trafficking, forced labor, and child labor across its operations and supply chains.
Social and Environmental Responsibility
- Sustainability: The company tracks its carbon footprint and supports green investments, such as infrastructure and renewable energy projects. According to insights from Built In, MetLife achieved carbon neutrality and planted over 1.6 million trees starting in 2020.
- Community Support: The MetLife Foundation directs grant funding toward local community resilience, financial inclusion, and disaster relief.
Workplace Culture
- Employee Feedback: According to evaluations by Great Place To Work, about 87% to 88% of surveyed employees state that management is honest and ethical in its business practices.
- Financial Stability: Reviews on consumer platforms like WalletHub show that the company maintains strong financial ratings (such as an A+ from AM Best), reflecting dependable backing for policyholders and claims processing.
What was the MetLife insurance scandal?
The MetLife insurance scandal refers to a major 1993–1994 controversy where sales agents deceptively sold life insurance policies as high-yield retirement savings plans.
What Happened
- Deceptive Sales: Agents in Tampa, Florida, and later across the United States marketed life insurance products to consumers—including nurses—disguised as tax-free or retirement savings accounts without mentioning they were insurance policies.
- Policy Churning: Agents encouraged customers to replace their existing policies with new ones to generate higher commissions, a controversial practice known as churning.
The Aftermath
- Settlements and Fines: The widespread deception led to numerous lawsuits and regulatory investigations. MetLife paid tens of millions of dollars in fines and class-action settlements.
- Corporate Overhaul: The scandal damaged the company's credit ratings and earnings, forcing MetLife to overhaul its marketing, sales practices, and internal supervision.
MetLife Company Analysis
What does MetLife stand for?
MetLife stands for Metropolitan Life Insurance Company.
Key Facts About MetLife
- Name Origin: "Metropolitan" comes from the original name chosen when the company was incorporated in New York City in 1868, and "Life" represents its core offering of life insurance.
- Founding Date: March 24, 1868.
- Services: Provides insurance, annuities, employee benefits, and asset management to millions of customers worldwide.
Who is MetLife's biggest competitor?
Prudential Financial is widely considered MetLife's biggest direct competitor in the United States based on total assets, market scale, and insurance offerings.
Key Competitors
- Prudential Financial: Often ranks closely with MetLife and holds the largest total assets among U.S. life insurers.
- New York Life Insurance Co.: Leads the U.S. life insurance market share by direct premiums, making it a major peer in individual life and financial services.
- Northwestern Mutual: Competes heavily in individual life insurance and wealth management, frequently trading top market positions with MetLife.
- MassMutual (Massachusetts Mutual Life Insurance Company): Matches MetLife in overall asset size and comprehensive insurance portfolios.
- AIG (American International Group): Competes on a global scale across insurance and retirement services.
What is MetLife best known for?
MetLife is best known as one of the world's largest global providers of insurance, annuities, and employee benefit programs.
Core Offerings and Services
- Life Insurance: Offers individual and group coverage options.
- Employee Benefits: Provides workplace programs like dental, vision, and disability insurance through corporate partnerships.
- Retirement Solutions: Delivers annuities and savings solutions for individuals and institutions.
History and Recognition
- Long Legacy: Founded in March 1868, it is one of North America's oldest and most recognizable financial institutions.
- Iconic Marketing: Famously featured the Peanuts characters (like Snoopy) in its advertising campaigns for decades starting in 1985.
- Global Scale: Operates in more than 40 markets worldwide, serving tens of millions of customers.
What is the starting salary at MetLife?
Starting salaries at MetLife generally begin around $40,000 to $50,000 per year for entry-level and support roles, though pay varies significantly depending on the specific job, department, and location.
Entry-Level Salaries by Role
- Customer Care / Service Advocate: $40,000 – $58,000 per year
- Short-Term Disability Claim Specialist: $40,000 – $52,000 per year
- Internships: $48,000 – $79,000 annualized equivalent
- Financial Services Representative: $53,000 – $74,000 per year
- Claims Adjuster: $59,000 – $79,000 per year
Factors Affecting Starting Pay
- Location: Positions based in high-cost-of-living metropolitan areas like New York City or Whippany, NJ, offer higher base adjustments than remote or regional office roles.
- Department: Technical or specialized entry-level tracks (such as junior software development or actuarial support) start higher than general administrative or customer service paths.
- Total Compensation: Entry roles often include standard corporate benefits like healthcare, 401(k) matching, and potential performance bonuses.
Is MetLife a good company to work for?
Yes, MetLife is generally considered a good company to work for, holding an average rating of about 3.7 out of 5 stars across major employee review platforms like Glassdoor and Indeed.
Employee experiences vary widely depending on whether you work in corporate, IT, or a high-volume call center and claims environment.
The Pros
- Great Benefits: Employees consistently praise the health insurance, retirement plans, paid time off, and wellness perks.
- Work-Life Balance: Rated around 3.7 out of 5, with many corporate and remote roles offering flexible hybrid schedules.
- Brand Recognition: Having a Fortune 50 global financial services leader on your resume is excellent for early-career experience.
- Company Culture: A large majority of surveyed workers report feeling welcomed, proud, and supported by their immediate peers.
The Cons
- High Stress in Entry-Level Roles: Customer care and claims positions often report heavy workloads, strict metrics, back-to-back calls, and burnout.
- Lower Base Pay: Some reviews note that salary increases and base pay lag slightly behind market rates for specific tech or operations roles.
- Bureaucracy and Advancement: Career growth can feel slow due to layered corporate structures, legacy systems, and occasional middle-management friction.