Job Description

City/Cities
Noida
Country
India
Working Schedule
Full-Time
Work Arrangement
Hybrid
Relocation Assistance Available
No
Posted Date
23-May-2025
Job ID
8873
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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.


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(TM) 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!