Babbit is bearing material as far as I know. You sure that's not just lead? Probably doesn't matter one bit, just curious. Either is going to shrink a bit if you pour it, so it will have to be pressed into place. I'd try either a large shop press, or a tool of some sort to place on the "soft metal" and smack it with a sledge hammer. I wouldn't be brave enough to hit it directly, but that would work if you're not afraid of missing.