Team Leader (Actuarial Operations)

Position Summary

Particular focus of the role involves supporting more senior actuaries who:

• Responsible for the month end entries for reinsurance group for a number of countries within MetLife
• Perform variance analysis & effectively manage research/resolution/follow-ups for closure of open items and explain results to the Reporting manager
• Support in specification and validation of new valuation methodologies, models and product implementations;
• 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/studies 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/developments to improve/simplify/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.

Job Responsibilities

• 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 senior leadership team.

MetLife:

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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are ranked #44 on the Fortune 500 list for 2019. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven companies.

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.