MetLife

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

 ·       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.

 Key Performance Indicators (KPIs) of Position:

 * 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 senor leadership team.