MetLife

This is a role in Global Actuarial Modeling (GAM) for the US 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 the US, other local 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 working within the US Global Actuarial Modeling team to assist and execute actuarial models for internal MetLife customers. This will involve:

-        Execute production runs for actuarial reporting ensuring accuracy and timelines

-        Collaborating with the modelling, reporting team and IT partners to setup runs on Actuarial models 

-        Coordinating with different stakeholders to gather data and input requirements to support country specific reporting requirements.

-        Working within the Global Actuarial Modeling team to produce and deliver actuarial runs and results for regional MetLife customers.

Principal responsibilities of the role:

·        Execute production runs in different actuarial models to support reporting for:

o   Cash Flow Testing

o   Embedded Value

o   GAAP 

o   Statutory reserves

o   Risk Based Capital

o   Economic Capital

o   Asset Liability Management

·        Execute production runs for actuarial reporting, ensuring accuracy and timeliness.

·        Monitor and troubleshoot production processes, identifying and resolving issues promptly.

·        Maintain and update documentation related to production processes and model runs.

·        Provide support and training to team members on production processes and tools

·        Ensure compliance with regulatory and company standards in all actuarial processes.

·        Assist in the preparation of result reports for internal and external stakeholders.

·        Collaborate with the actuarial modeling team to develop and maintain actuarial models related to production issues.

·        Perform data analysis to support reporting requirements and identify trends.

·        Continuously improve processes to enhance efficiency and accuracy.

·        Actively engage with business partners across the organization to improve our production processes

·        Key Contributor on making overall modelling work Agile

Key performance indicators (KPIs) of position:

• Timely execution of production and ad-hoc business request runs
• Execution of data and input requirements 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 handle tools and software to initiate set-up and execute runs 
• Ability to find solutions within agreed timescales
• Excellent ability to communicate in English, (both written and verbal)
• Good business acumen

Advantageous skills and experience:

• An understanding of actuarial reporting software such as Prophet,Polysystems
• Knowledge of other modelling platforms including MG ALFA, MoSeS, Pathwise
• Knowledge of programming in Python, VBA or other mainstream languages