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.