Actuarial Consultant

3 - 7 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: You will support the development, testing, and deployment of Actuarial Models according to MetLife's Global Actuarial Modeling coding standards. Additionally, you will oversee modelling efforts, engage with stakeholders to test, analyze, and quantify impacts of model changes, and support production model runs in a controlled environment to reduce model risk. You will also ensure compliance with regulations, be responsible for audit, regulators request, and other related tasks. Furthermore, you will support in the specification and validation of new valuation methodologies, models, and product implementations. Moreover, you will develop and support the team in areas such as automation projects, production steward reviews of models for new product pricing, and completion of Local statutory valuation filing. Lastly, you will have active involvement in the areas of UAT test, valuations, and modelling new products. Key Responsibilities: - Support the development, testing, and deployment of Actuarial Models - Oversee modelling efforts and engage with stakeholders to test, analyze, and quantify impacts of model changes - Support production model runs in a controlled environment to reduce model risk - Ensure compliance with regulations and responsible for audit, regulators request, and other related tasks - Support in specification and validation of new valuation methodologies, models, and product implementations - Develop and support the team in areas such as automation projects, production steward reviews of models for new product pricing, and completion of Local statutory valuation filing - Have active involvement in the areas of UAT test, valuations, and modelling new products Qualifications Required: - Strong understanding of Actuarial Models and MetLife's Global Actuarial Modeling coding standards - Ability to engage with stakeholders and analyze model changes effectively - Knowledge of regulations related to actuarial modeling and valuation methodologies - Proficiency in automation projects and UAT testing - Excellent communication and teamwork skills (Additional details about MetLife have been omitted as they were not included in the provided job description),

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