Actuarial Lead

Job Description

Particular focus of the role involves supporting more senior actuaries who (are): Responsible for the month end entries for reinsurance group for a number of countries within MetLife Perform variance analysis effectively manage research/resol ution/follow-u ps for closure of open items and explain results to the Reporting manager Support in specification and validation of new valuation methodologies, models and product implementation s; Assist with the production of Local Statutory (IFRS 4) valuations for a number of countries within MetLife Explain results to the Chief Actuary (including analysis of movement in reserves, intangibles in the Income statement) Cater to STAT and GAAP requirement for reporting and analysis for reinsurance Perform research relating to queries raised by reinsurers, auditors, etc. and assist with preparing timely responses Prepare monthly reports summarizing experience under all reinsurance treaties for the current month/ YTD Assist with the analysis of current and historical financial results for reinsurance business; design and prepare reports/studie s that will enhance the analysis. Work with the regional stakeholders to handle all the deliverables for Monthly, Quarterly and Annual reporting for Reinsurance business Work on any ongoing enhancements/d evelopments to improve/simpli fy/automate the reporting process Communicate the settlements with other stakeholders like different reinsurers and Finance Team Ensure critical focus on core deliverables throughout the course of the reporting year. 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.