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Location(s)

  • Posting Location: Dublin, Ireland

Country
Ireland
Working Schedule
Full-Time
Work Arrangement
Hybrid
Relocation Assistance Available
No
Posted Date
09-Jul-2024
Job ID
2841

Description and Requirements

 

Job Title: Senior Actuarial Associate – Global Actuarial Modeling - EMEA

Job Location: Dublin

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. Founded in 1868, 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. We have operations in more than 40 countries and hold leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. 

 

We are one of the largest institutional investors in the U.S. with $669 billion of total assets under management as of December 31, 2021, ranked #50 on the Fortune 500 list, and honored to have been named to Fortune magazine's list of the "World's Most Admired Companies" for three consecutive years.  

 

MetLife employees are united by purpose, guided by empathy and inspired by one another’s unique backgrounds and perspective to make a difference in the lives of our customers, communities, and the world at large.

 

Our Dublin Office which is located in the City Centre, is the Operational Headquarters for our Europe Region, in addition a significant number of our colleagues are focused on supporting our broader EMEA and Global functions. It is home to our Actuarial, Audit, Compliance, Finance, IT, Legal, Operations, Risk and Treasury Teams.

 

 

Role Value Proposition:  

This is a role in Global Actuarial Modeling (GAM) for the EMEA Region. GAM is a part of Actuarial Resources which sits within Finance Management Group (FMG). GAM is responsible for delivering robust and scalable actuarial modeling solutions in accordance with enterprise & regional objectives.

 

GAM plays a crucial role in generating accurate and timely numbers which become part of our overall financials. These financials are submitted to various external and internal stakeholders like the SEC in the US, the Central Bank of Ireland, other local regulators, senior management, and MetLife’s board. Our financial results are key to measuring performance against targets and company strategy, as well as in shaping the strategy for the future. 

 

This role is responsible for supporting the development, testing, documentation and running of MetLife’s EMEA Actuarial models. The role will have exposure to Solvency II, IFRS17, USGAAP, ORSA and VNB bases. The role will primarily involve the development and management of MetLife’s EMEA Prophet models, with some potential exposure to Pathwise and Polysystems models. This is a key role that will involve working with global teams from different functions such as EMEA Actuarial, IT, and Finance.

 

 

 Key Responsibilities:

·      Ensure the successful production of actuarial modeling results as part of the regular valuation cycle

·   Implement developments to MetLife’s EMEA actuarial models in line with specified coding standards

·       Test developments to ensure the models are accurate, robust and valid

·   Document the development and testing efforts to appropriately communicate the changes to stakeholders

·  Collaborate and co-ordinate with global teams to ensure the entire modeling process works as expected

·  Support GAM priorities to deliver on special projects such as IFRS17 or LDTI builds

 

 

Essential Business Experience and Technical Skills:

·         Making progress through Actuarial exams

·         Minimum of 2 years’ experience in actuarial work

·         Excellent communication skills

·         Strong problem-solving and analytical skills

·         Keen interest in actuarial modeling and programming

 

 

Preferred Business Experience and Technical Skills:

·         Prior experience with actuarial modeling software such as Prophet, Pathwise or Polysystems

·         Programming experience in Python or VBA

·         Understanding of actuarial modeling best practices and methodologies

 

Note: While experience with actuarial modeling software is a plus, this role is designed for someone with a strong quantitative background and a desire to develop their coding skills in an actuarial context.

 

 

MetLife is proud to be an equal opportunity employer.  We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce. . It is the policy of MetLife to ensure equal employment opportunity without discrimination on any basis protected by law. We welcome applications from candidates of all backgrounds, ethnicities, genders, religions and sexual orientations.  We strive to find the best candidate for all positions and a diverse range of applicants ensures we widen our talent pool in order to achieve this.  Any applicants with disabilities and neurodiverse conditions, please do let us know about your reasonable adjustments to ensure that we can best meet your needs.

 

 

Travel

Negligible

 

Business Category

Finance 

 

Number of Openings

1

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.   

 

We ensure to reward and recognise our employees for their contributions and accomplishments at work.   We value our employees’ commitment to their work by offering a competitive and extensive compensation and benefits package. This includes 25 paid holidays, performance-based bonus, health insurance, income protection  and pension benefits. MetLife will also assist in the funding of professional fees for employees where it is relevant and aligned to your position within the organisation.  MetLife reserve the right to make a judgement on whether the subscription is relevant or not to your role as well as cease the payment at any time. This type of subscription will not incur “benefit in kind” tax

 

Bring your true self to work every day, receive the development and support you need to perform at your best, opportunities to advance your career and surround yourself with likeminded people. Join MetLife. 

 

 

 

Benefits We Offer

Our benefits are designed to care for your holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer health care coverage for you and your family, insurance discounts for home, car, and pet protection, as well as parental leave. We also provide premium gym membership for you and your direct relatives, volunteer time off, discounts with specific universities, flexible Fridays, connectivity reimbursement, and much more!
About MetLife

Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies", 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!