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Team Leader- Operations

Date Posted: Jun 10, 2021

Location: Noida, IN, 0

Company: MetLife

POSITION SUMMARY

  • Responsible for producing the experience studies results and proposing assumptions
  • Understand and analyse the data required to produce the studies.
  • Provide explanation and analysis of results to key stakeholders including the production of written reports;
  • Produce the impact of the assumption change
  • Support in specification and validation of new methodologies, and models for any existing or new studies
  • Proactive interaction with other teams such as the modelling team and analysis team to make sure that the experience studies are in line with the relevant products which are modelled
  • Enhancement of the experience studies process, especially to overcome any limitations which was previously in the study

Work on any change request in the experience studies which are approved by the chief actuary.

 

JOB RESPONSIBILITIES

 

Experience Studies:

 

  • Request for the relevant data from the data IT team
  • Validate the data with appropriate checks and controls to make sure the data is apt for conducting experience studies
  • Create appropriate summary of the data which can be shared to the relevant stakeholders
  • Convert the data to be input ready for the study and apply appropriate reconciliation of data if any data needs to be excluded based on the exclusion criteria
  • Interpretation of experience studies results and proposal of new assumptions to be shared with the stakeholders
  • Error free, clear communication of results via memos, reports or presentations.

 

Key Performance Indicators (KPIs) of Position:

 

  • Error free preparation of experience studies 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.