Manager Actuarial Modeling (Asia)

Description and Requirements

LOB/ Global Function:

Modeling & Actuarial Solutions (MAS) is the central actuarial modeling, testing and production team in MetLife. This modeling team in Kuala Lumpur supports all the modeling needs in the Asia region, working with the MAS Hong Kong team. The model will cover all important financial calculations and projections including VNB, US GAAP/LDTI, EC reporting etc.

DEPARTMENT: Global Actuarial Modeling, Asia Regional Modeling

LOCATION: Kuala Lumpur

THE ROLE:

The incumbent will play a key role as an IT expert to provide advice and support to the actuarial modeling team in implementing and maintaining MetLife Asia’s models. He/She is required to possess knowledge in both actuarial modeling and the latest advanced technology. The incumbent will carry out coding to meet internal and external requirements and assist in model migration for designated countries.

The incumbent will also address IT-related issues that arise during model development and production. This includes understanding the causes of the issues and suggesting solutions.

Key Responsibilities:

Play an IT expert role in the actuarial modeling team. The responsibilities include:

• Build and maintain the actuarial models in Python or other suitable programming languages
• Provide IT advice and support to other team members or local country counterparts
• Understand cutting-edge technology development and trends
• Resolve difficult technical IT issues encountered in the model release process or production
• Improve the modeling process and efficiency by utilizing the latest technology
• Migrate existing legacy actuarial models to the latest and advanced platform (e.g. Python)
• Closely and regularly communicate with local country counterparts on model requirements and issues encountered

CANDIDATE QUALIFICATIONS:

Business Knowledge/Technical Skills:

• At least 5 years of practical IT experience working in an actuarial department
• In-depth knowledge and experience in programming skills (e.g. Python, C++), database, parallel computing and/or Azure
• Knowledge of the latest technology development and trends such as AI, machine learning, etc.
• Experience in actuarial modeling, e.g. Prophet, is a plus

About MetLife

Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces™, 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 our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. Join us!