Actuarial Lead

Posted 15 Minutes Ago
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Noida, Gautam Buddha Nagar, Uttar Pradesh, IND
Hybrid
Entry level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
Develops, maintains, and improves Solvency II calculation and reporting tools and processes, focusing on BEL/RA and SCR production. Supports quarterly calculations, regulatory reporting, testing, reconciliations, controls, audit evidence, impact assessments, and investigation of results. Partners with actuarial, finance, risk, IT, and other stakeholders to implement regulatory and business changes, improve automation, strengthen governance, and deliver accurate, timely production outputs.
Summary Generated by Built In
Description and Requirements
JD
This role sits within the EMEA Solvency II Development team and is primarily responsible for developing, maintaining and improving the tools and processes used to calculate and analyses Solvency II results. The role will also support quarterly Solvency II production to help ensure robust, timely and well-controlled delivery of results.
Key responsibilities
Solvency II Development - primary focus-
  • Maintain and enhance Solvency II calculation and reporting tools, with a focus on BEL/RA and SCR production, analysis and controls.
  • Implement tool and process changes arising from regulatory updates, methodology developments and business requirements.
  • Translate agreed business and actuarial requirements into practical tool specifications, calculation logic, test scenarios and implementation plans.
  • Perform impact assessments and support end-to-end testing, including test execution, result reconciliation, defect investigation and evidence retention.
  • Strengthen automated checks, reconciliations and audit trails to improve accuracy, control and transparency across the Solvency II process.
  • Identify opportunities to simplify workflows, reduce manual intervention and improve the efficiency and resilience of recurring production activities.
  • Maintain clear documentation for tool logic, methodology, operating procedures, controls, testing and change history.
  • Work with actuarial production, modelling, finance, risk, IT and other stakeholders to deliver changes into production in a controlled manner.

Solvency II production and analysis - supporting focus
  • Support quarterly calculation and analysis of BEL/RA and SCR under the Standard Formula methodology.
  • Produce and analyse base and stressed BEL results, investigate movements and support explanation of material drivers.
  • Run, review and validate relevant Solvency II tools and outputs, escalating issues and supporting timely resolution.
  • Support quarterly regulatory reporting deliverables, including QRT inputs, reconciliations, review packs and clear commentary on results.
  • Provide production support during peak reporting periods and help ensure deliverables meet agreed timelines and quality standards.
  • Support audit, control and governance requirements by preparing clear evidence and responding to review queries.

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.
As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We're looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.
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. At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid

What the Team is Saying

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MetLife Compensation & Benefits Highlights

  • Healthcare Strength — Health coverage is frequently described as robust, spanning medical, dental, vision, prescription benefits, and targeted programs for chronic or complex conditions. Feedback suggests access to multiple plan types, wellness resources, and expert second opinions strengthens the overall package.
  • Retirement Support — The combination of a 401(k) match and a company-funded pension is considered a standout element of total compensation. Feedback suggests this long-term security materially boosts perceived value beyond base salary alone.
  • Parental & Family Support — Paid parental leave, caregiving resources, and backup child and elder care are highlighted alongside family-building and fertility support. Feedback suggests these programs meaningfully complement standard benefits to support work-life needs.

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The Company
HQ: New York, NY
43,000 Employees
Year Founded: 1868

What We Do

We're honored to be No. 10 on Great Place to Work's World's Best Workplaces and recognized in the Fortune 100 Best Companies to Work For® list in 2025. At MetLife, we're leading the global transformation of an industry we’ve defined for over 157 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond. With operations in more than 40 markets and leading positions across the globe, MetLife fosters an inclusive culture where our people are energized and inspired to deliver for our customers and communities. Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

Why Work With Us

At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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Employees engage in a combination of remote and on-site work.

MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together

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