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Country
India
Working Schedule
Full-Time
Work Arrangement
Hybrid
Relocation Assistance Available
Yes
Posted Date
29-Aug-2024
Job ID
4220

Description and Requirements

ROLE SPECIFICATION
 
 Rating, Fed and STAT Reporting process involves preparation of surveys for government and rating agencies like Fitch, Moody’s, 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, packages, and open to quick learning adhoc task. 
 
PRINCIPAL 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 looks 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.
  • 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
     
     

COMPETENCIES/ SKILL REQUIREMENT

 

  • 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.
  • Ability to work independently and as part of a team.
  • Proficiency with computer systems, PC's and financial software applications. Proficiency in Microsoft Office software packages. Working knowledge of Blue-book a plus.
  • Insurance industry experience preferred.

 

EDUCATION:

 

  • Chartered Accountant with minimum 2 years of experience 

 

WORK TIMING: 

 

2 pm to 11 pm

Shift will be followed as per calendar agreed with state-side partners.