GG10_Actuarial Lead

Job Posted 15 Days Ago Posted 15 Days Ago
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Hiring Remotely in India
Remote
Hybrid
Mid 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
The Actuarial Lead will support senior actuaries in month-end entries, variance analysis, valuation methodologies, and financial reporting for reinsurance activities.
Summary Generated by Built In
Description and Requirements
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.

Job Responsibilities
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.

About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™ for 2024, 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!
#BI-Hybrid

Top Skills

Actuarial Standards
Data Validation
Financial Reporting
Gaap
Ifrs 4

What the Team is Saying

Person1
Chelsea
Senior Threat Response Engineer
“Inclusivity is critical to a healthy team, and I believe MetLife's focus on diversity and inclusion helps us serve our customers better. Ensuring all voices are heard leads to the highest level of innovation and process improvement. “
Chelsea
Nick
Naren
Laura
Bill
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The Company
HQ: New York, NY
43,000 Employees
Hybrid Workplace
Year Founded: 1868

What We Do

Named among the World’s Most Admired Companies™ by Fortune and recognized in the Fortune 100 Best Companies to Work For® list in 2025, MetLife is leading the global transformation of an industry we’ve defined for more than 155 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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