Share this Job

Team Leader- Operations

Date Posted: Sep 15, 2021

Location: Noida, IN, 0

Company: MetLife

Position Summary

 

 

Focus of the role includes:

·         Responsible for reporting US STAT, US GAAP and Local STAT valuation for Bangladesh region and multiple ad-hoc projects.

·         Develop and support the team for various activities:

o    Support automation projects

o    Provide production steward reviews for new Prophet models for pricing new Products/LDTI.

o    Ensure completion of Local statutory valuation filing.

·         Develop strong working relationships and strategic partnerships with internal clients (e.g. Dev team, QA team, local office, IT and other users of models) to ensure a high degree of customer satisfaction

·         Lead a team of Noida-based actuarial students to support Senior Manager and ensure critical focus on core deliverables throughout

 

 

Job Responsibilities

 

To support the delivery of the following objectives:

·         Active involvement in the areas of Product pricing, product development, UAT test, Valuations and modeling.

·         Preparation of various internal reports along with actuarial statutory report / Mortality / Expenses Studies.

·         Knowledge of Local Insurance Laws, regulations.

·         Work closely with Appointed Actuary/ CFO/Financial controller and other stakeholders for various ad-hoc task.

·         Active delegation and execution of work while maintaining strong focus on quality, timeliness, and effective communications

·         Aspiration and preferably track record of success in pursuing actuarial study to become an Actuary.

·         Learn and provide desired output using actuarial software like Polysystem/Prophet.

·         Good communication skill (both written and spoken) in English.

·         Maintain productive working relationships with internal and external team members.

·         Provide extensive support to the finance department of Local Office.

Key Performance Indicators (KPIs) of Position:

 

·         Review necessary enhancements to the Global Tools taking into consideration multiple bases (e.g. US STAT, US GAAP LDTI, Local STAT etc.)

  • Validation of changes made in the Models for Valuation.
  • 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 ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team

 

 

 

Knowledge, Skills and Abilities

 

Education

·         Should be a Graduate preferably in Actuarial Science/ Mathematics/ Stats/ Commerce Stream

 

Experience

  • Around 3 years of actuarial experience with 7 actuarial exams and experience in US GAAP and STAT.

Knowledge and skills (general and technical)

 

 

Essential experience, skills and competencies:

 

  • Respectful of deadlines, discipline and process, yet flexible and pragmatic within a growing business
  • Capable of working autonomously or with a team, and of balancing own initiative with advice from others
  • Able to navigate through complex problems and organisations to achieve results and deliver solutions

·         Able to communicate complex issues to non-experts

  • Excellent Excel/VB/ VBA skills
  • PROPHET and POLYSYSTEMS models.

 

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.