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MetLife is hiring an

Actuarial Lead

Country: India

Working Schedule: Full-Time

Work Arrangement: Hybrid

Relocation Assistance Available: Yes

Posted Date: 06-Mar-2025

Job ID: 6733

Description and Requirements

The Team You Will Join: The job opening is for the Solvency II actuarial reporting team which sits in the MetLife Noida office.

The Opportunity: The Actuarial Lead role involves being a part of the Actuarial process involved in Solvency II reporting for the MetLife Europe region. It requires performing various production and development activities for quarterly SII reporting. Ensure timely reporting as per regulatory standards and accuracy.

Nurture resources in the talent pool for the mentioned reporting team.

Responsibility:

  • Engagement with various teams to present, coordinate, and implement the reporting.
  • Execute quarterly valuation and corresponding analysis.
  • SCR Calculation using Standard Formula methodology.
  • Base & Stress BEL analysis.
  • Quarterly QRT production and analysis.
  • Implement any changes in process and regulation on an ongoing basis.
  • Validation of the various cashflow models used in the process.
  • Support the build of the long-term reporting infrastructure.
  • Meticulous planning and stakeholder management.
  • Develop strong working relationships and strategic partnerships with internal clients.
  • Assisting other team members in various tasks with his/her technical knowledge.
  • Ensure complete documentation for all activities.

Skill Set:

Technical Skills:

  • Strong skills with Excel, Solvency II, Regulatory reporting.
  • Experience and knowledge of European and Middle Eastern insurance products.

Process Specific Skills:

  • Knowledge on Life insurance business and Insurance markets.
  • Ability to identify and value risks inherent in a product.
  • Ability to draft reports.
  • Ability to work in a team taking own initiative and consulting with others as appropriate.
  • Interact and build relations with various functions involved.

Soft Skills (Mandatory):

  • Strong oral and written communication skills.
  • Attention to detail.
  • Keen to learn.
  • Ability to work accurately and independently under tight time frames with a sense of urgency.
  • Strong team working skills.

About MetLife: Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces™ for 2024, MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies; providing insurance, annuities, employee benefits, and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.

Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we’re inspired to transform the next century in financial services.

At MetLife, it’s #AllTogetherPossible. Join us!

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