The Actuarial Lead manages GAM priorities for EMEA, overseeing actuarial models, ensuring quality assurance, and supporting regulatory imperatives like IFRS17 and LDTI.
Description and Requirements
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 USA, Central Bank of Ireland, other 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 future. GAM's work generates key analyses helping business to review the performance from different angles and in taking necessary actions.
This role is responsible for managing GAM priorities for the EMEA region, focussing on Europe. This involves:
- Collaborating with the EMEA Actuarial teams and IT partners to develop and run actuarial models
- Defining input data requirements to support country specific reporting requirements.
- Working within the Global Actuarial Modeling team to produce and deliver actuarial results for regional MetLife customers.
Principal responsibilities of the role:
• Oversee modelling efforts and engaging with business customers.
• Build models in line with MetLife's Global Actuarial Modeling Prophet coding standards.
• Perform testing activities to provide quality assurance to the customer.
• Support production activities to deliver actuarial results to satisfy various reporting exercises and various financial impact assessments.
• Support GAM priorities to deliver on regulatory imperatives like IFRS17 or LDTI as applicable
Key performance indicators (KPIs) of position:
Essential Experience, Skills and Competencies:
Advantageous skills and experience:
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.
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
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 USA, Central Bank of Ireland, other 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 future. GAM's work generates key analyses helping business to review the performance from different angles and in taking necessary actions.
This role is responsible for managing GAM priorities for the EMEA region, focussing on Europe. This involves:
- Collaborating with the EMEA Actuarial teams and IT partners to develop and run actuarial models
- Defining input data requirements to support country specific reporting requirements.
- Working within the Global Actuarial Modeling team to produce and deliver actuarial results for regional MetLife customers.
Principal responsibilities of the role:
• Oversee modelling efforts and engaging with business customers.
• Build models in line with MetLife's Global Actuarial Modeling Prophet coding standards.
• Perform testing activities to provide quality assurance to the customer.
• Support production activities to deliver actuarial results to satisfy various reporting exercises and various financial impact assessments.
• Support GAM priorities to deliver on regulatory imperatives like IFRS17 or LDTI as applicable
Key performance indicators (KPIs) of position:
- Error-free preparation of financial reports to required timescales and relevant actuarial standards
- Execution of data validation and completeness checks
- Contributing towards building a culture of collaboration, engagement, and trust while supporting the professional development of team members
- Ensuring open communication across teams in various functions and geographies.
- Taking demonstrable ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team.
Essential Experience, Skills and Competencies:
- Ability to find solutions within agreed timescales
- Excellent ability to communicate in English, (both written and verbal)
- Aptitude for finding creative solutions to problems, challenge preconceptions
- Good business acumen
Advantageous skills and experience:
- An understanding of actuarial reporting software such as Prophet
- Knowledge of other modelling platforms including Pathwise, Polysystems
- Knowledge of programming in Python, VBA or other mainstream languages
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.
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
Top Skills
Pathwise
Polysystems
Prophet
Python
VBA
MetLife Mahārāshtra, IND Office
MetLife Pune, IN Office
EON West LP-II, 2nd & 3rd Floor, Tower D, S.no. 106(P), 107(P), 108(P)/1, Maharashtra, India, 411057
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