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Unit Manager Operations

Date Posted: Aug 29, 2021

Location: Noida, IN, 0

Company: MetLife

 

 

Job Title:

Unit Manager or Manager

Department and Location

Actuarial, GOSC - Noida, India

Reports to (Name and Title):

Reporting to Senior Manager or Service Delivery Lead

Direct Reports

1-2

Indirect Reports

1-2

Key working relationships

GAM; Country or Local stakeholders; Actuarial IT

 

 

Metlife, Inc (“Metlife”) has helped generations of people around the world protect their families and finances. We are one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to our individual and institutional customers.

 

MetLife Global Operations Support Center (GOSC) at Noida is part of Global Technology & Operations. GOSC is the first MetLife managed global operations center outside North America. It provides MetLife a distinct strategic advantage through its world class infrastructure, operating practices and highly skilled workforce

 

 

Role value proposition:

 

This is a role in Global Actuarial Modeling (GAM) for the EMEA 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 USA, Central Bank of Ireland, other 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 managing GAM priorities for the EMEA region, focussing on Europe. This involves:

  • Collaborating with the EMEA Actuarial teams and IT partners to develop and run actuarial models
  • Defining input data requirements to support country specific reporting requirements.
  • Working within the Global Actuarial Modeling team to produce and deliver actuarial results for regional MetLife customers.

 

 

Principal responsibilities of the role:

 

  • Oversee modelling efforts and engaging with business customers.
  • Build models in line with MetLife’s Global Actuarial Modeling Prophet coding standards.
  • Perform testing activities to provide quality assurance to the customer.
  • Support production activities to deliver actuarial results to satisfy various reporting exercises and various financial impact assessments.
  • Support GAM priorities to deliver on regulatory imperatives like IFRS17 or LDTI as applicable

 

 

Key performance indicators (KPIs) of position:

 

  • Error-free preparation of financial reports to required timescales and relevant actuarial standards
  • Execution of data 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:

 

  • Nearly/newly qualified actuary from a recognized profession or qualified by suitable experience. 
  • Experience developing actuarial models in Prophet or similar system
  • Excellent ability to communicate in English, (both written and verbal)
  • Aptitude for finding creative solutions to problems, challenge preconceptions
  • Good business acumen

 

Advantageous skills and experience:

 

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

 

 

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.