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Assistant Manager-Operations

Date Posted: Jun 10, 2021

Location: Noida, IN, 0

Company: MetLife

POSITION SUMMARY

  • Developing and delivering the LDTI Market Risk Benefit actuarial models for UK variable annuities in UK
  • Understanding the existing US GAAP models and all relevant concepts around GAAP / LDTI to sharpen the understanding on the MRB modelling
  • Coordinating with different actuarial teams like GAM, LDTI team, SII team etc.
  • Performing adequate checks and controls on the model built and ensure proper documentation is in place
  • Develop strong working relationships and strategic partnerships with internal clients to ensure a high degree of customer satisfaction;

Assist Actuarial lead to support the USGAAP / LDTI Reporting Manager and ensure critical focus on core deliverables throughout the course of the reporting year

 

JOB RESPONSIBILITIES

USGAAP / LDTI

  • Timely and accurate delivery of the LDTI model;
  • Accurate and thorough testing of the models built;
  • Explanation of the results particularly the difference in GAAP /LDTI numbers;
  • Liaison with Financial Controllers to ensure suitable and consistent reserving and accounting practices;
  • Execution of SoX controls and other sign offs as required.
  • Interaction with Internal and External Auditors as required.
  • Error free, clear communication of results via reporting templates, memos, reports or presentations.

 

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.

 

MetLife:

 

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 ranked #44 on the Fortune 500 list for 2019. 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.

 

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.