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Regional Embedded Value Manager, COE Asia

Date Posted: Apr 22, 2021

Location: Kuala Lumpur, MY

Company: MetLife




Job Title:                    Regional Embedded Value Manager,  COE Asia

LOB/Department:      Actuarial

Location:                    Actuarial COE, Kuala Lumpur

Headcount Type:       Permanent




Summary of Responsibilities:


To review and approve Value of New Business (VNB), Embedded Value (EV) and Business Projection (VNB, Capital Deployed, ANP) produced by the respective Asian Region.





Principal Responsibilities:


  • Work closely with the Actuarial Project Implementation Team on the deliverable dates on the VNB and EV results and send out deliverable dates to the business unit to ensure the timeline are met.
  • Review the EV result produced by Japan, Korea and China business unit.
  • Summarized the EV result and send it to the relevant parties such as Finance Controller team and Chief Actuary
  • Obtained all signoff (Local Business Unit and Asia Regional Office) once the EV result is approved by Asia Chief Actuary and Global Chief Actuary.
  • Review the VNB result produced by the Asia business Unit (Japan, Korea, China, Australia, Bangladesh, Nepal, Malaysia, and Vietnam)
  • Summarized the VNB result and send it to the relevant parties such as Asia Chief Actuary, Asia Risk Team, Asia Product Team and others
  • Work closely with Enterprise Planning and Projections Actuarial team on the deliverable dates on the Business Projection (BP) and send out deliverable dates to the business unit to ensure the timeline are met.
  • Review the BP produced by Japan, Korea and China business unit and send the results to the relevant parties such as Enterprise Planning and Projections Actuarial team, Asia Financial Planning and Analysis (FP&A) team and others
  • Summarized the BP result and send it to the relevant parties such as Chief Actuary and Asia FP&A team
  • Ad hoc request from other stakeholders on VNB, EV and BP related queries.





Knowledge/Skills/Competencies Required:


  • Minimum 6 years of working experience
  • Strong valuation and EV experience preferred
  • High execution on delivering outputs within deadlines and investigating root-cause analysis in outputs and background data.
  • General learnings skills, flexible adaptation to variable circumstance, positive attitude to learn new knowledge and work ethic are required.
  • Proficient verbal and written English skills and careful communicational attitude. Internal communication among different backgrounds across countries is required.
  • Proficiency in MS Excel, Word, Access and PowerPoint for production.





Qualification Required:


  • ASA, or near qualified is preferred.






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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.


We are one of the largest institutional investors in the U.S. with $651 billion of total assets under management as of September 30, 2020. We are ranked #48 on the Fortune 500 list for 2020. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven companies.


MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.


We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.


MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.


MetLife maintains a drug-free workplace.


Requisition #: 116702