Actuarial Lead

Requirements

Description and Requirements

Position Summary

• Engagement with various teams to coordinate and implement the reporting
• Execute monthly/quarterly valuation reporting and corresponding analysis for various MetLife Europe and Middle East countries
• Support in specification and validation of new valuation methodologies, models and product implementations
• Provide explanation of results for the Chief Actuary review
• Perform research relating to queries raised by auditors and assist with preparing timely responses
• Work with the regional stakeholders to handle all the deliverables for Monthly, Quarterly and Annual reporting for Reinsurance business
• Work on any ongoing enhancements/developments to improve/simplify/automate the reporting process
• Implement any changes/updates in process and regulations on an ongoing basis
• Develop strong working relationship and strategic partnerships with internal clients and stakeholders
• Ensure critical focus on core deliverables throughout the course of the reporting year.
  

Job Responsibilities

Key Performance Indicators (KPIs) of Position:

• Error free preparation of financial reports to required timescales and relevant actuarial standards;
• Execution of second-line data validation and completeness checks to required actuarial and audit standards.
• Contributing towards good team morale and positive team engagement and professional development.
• Ensuring excellent communication between Noida-based team and stakeholders based in different geographical locations.
• Taking demonstrable ownership of work; clearly flagging any issues and goal delivery concerns to senor leadership team.
  

Knowledge, Skills And Abilities

Education

• A bachelors or masters university degree with a heavy mathematical focus (e.g. mathematics, engineering, physics, computer science, financial economics – these are examples only)
  

Experience

• 2-5 years of actuarial experience, A partly qualified fellow of the Institute & Faculty of Actuaries with relevant reporting experience and making good progress through the actuarial exams (circa CA1 level)
  

Knowledge and skills

Essential experience, skills and competencies:

• Meticulous in the validation, presentation and communication of results;
• Respectful of deadlines, discipline and process, yet flexible and pragmatic within a growing business;
• Capable of working autonomously or with a team, and of balancing own initiative with advice from others;
• Able to navigate through complex problems and organisations to achieve results and deliver solutions.
• Able to communicate complex issues to non-experts
• Experience of USGAAP, Regulatory reporting, IFRS, Solvency II and EV/VNB reporting would be preferred;
• Demonstrable experience of insurance products sold by MetLife globally being a distinct advantage;
• Recent practical experience of financial / actuarial modelling systems (Prophet would be a plus);
• Excellent Excel/VB/ VBA skills. (Prophet skills would be a plus)
  

About MetLife