GG10 AM Statutory Reporting

Finance Operations Assistant Manager

Position Title:

Reports to (Responsibility Level):

Supervises:

Location: Noida

Global Grade: GG10

Complexity: C5T5

PID/s Load Mapping: NA

Position Summary

Preparation of surveys for government and rating agencies like Fitch, Moodys, S&P etc. He/she has to validate inputs from different departments, compile the information and validate STAT/ GAAP numbers from the system. Surveys are based on STAT and GAAP numbers. He/she is will also be responsible for supporting blue/orange book compilation and analysis which would also include preparing board presentations, preparation of various reports in Sovos and Wdesk such as Footnotes, MD&A, 2-4 analysis, RBC and support in management daily activities.

Job Responsibilities

• Learn about preparation of current Organization’s surveys coming from Government and different rating agencies.
• Validate the submissions coming from different departments in order to ensure that prepared surveys look good.
• Analyze the financial on the basis of available data and facts and putting commentary for any significant variation or unusual trends.
• Learn about emerging accounting and reporting issues that may impact MetLife's reporting obligations under statutory requirements.
• Monthly and quarterly reporting of blue book related activities to the management.
• Respond quickly to the various queries of:
  a) Regulators; b) Internal and external auditors; c) State side Managers and d) Controllership
• Partner with various units (i.e. accounting operations team, investment team, actuarial, interface owners etc.)
• Provide timely and accurate guidance/assistance in evaluating accounting and reporting treatment/processes/procedures to various groups within the business.
• Prioritize and focus to meet customer expectations and reporting deadlines.
• Work under constant changing environment.
• Manage multiple tasks to ensure all deliverables are completed by due dates.
• Perform ad hoc queries/reports as requested by state side managers/auditors/regulators/ controllers
  

Education, Technical Skills & Other Critical Requirement

Education

CA, CPA

Experience

3+ years of experience in STAT/ GAAP Reporting

Technical Skills

• Financial accounting/ reporting experience.
• Must have good understanding of STAT numbers as per NAIC guidelines and US GAAP numbers.
• Good understanding of accounting and reporting guidance. Sound technical and research skills as demonstrated by an understanding and practical application of various accounting and reporting guidance.
• An inquisitive and logical thinking mind and strong analytical and problem-solving skills.
• Good communication skills, including effective and concise writing skills and verbal communication skills.
• Ability to quickly acquire an understanding of the organization's operations and its accounting systems.
• Goal oriented.
• Working knowledge of Wdesk, Sovos, Cubus and Peoplesoft application preferred.
• Ability to work independently and as part of a team.
• Insurance industry experience preferred