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MetLife - Unit Manager/Manager/Senior Manager - Actuary - Life Insurance

4.00 to 10.00 Years   Noida   17 Mar, 2023
METLIFE
Job LocationNoida
EducationNot Mentioned
SalaryNot Disclosed
IndustryInternet / E-Commerce
Functional AreaGeneral / Other SoftwareActurial Science
EmploymentTypeFull-time

Job Description

    Note - Life Insurance experience is mandatory with minimum 8 Actuarial exams. There are multiple roles in Actuarial team Summary of Position Responsibilities: - Focus of the role involves support in the implementation of IFRS 17 reporting across impacted countries in the EMEA region.- Engagement with regional actuaries to present modelling and methodological options for the appropriate implementation of IFRS 17.- Validation of Information Requests provide by regional business experts.- Validation of the IFRS 17 implementation models- Review produced results and participate in the explanation and communication- Support the built of the long term IFRS 17 reporting infrastructure.- Reporting to EMEA Steering Committee on progress and appraisal of emerging project issues.- Meticulous planning and stakeholder management- Develop strong working relationships and strategic partnerships with internal clients Key Responsibilities: - Participate in the development of cash flow models for the countries in scope- UAT of the cash flow and Risk Adjustment models- Participate in the IFRS 17 modelling and testing of the results- Participate in the completeness test and end to end calculations- Engage with local teams or other executives in determining the best estimate assumptions and parameters- Explain the features of the models and standard to local executives- Participate in the reporting and regulatory communications around implementation if the IFRS 17- Interpret and explain the methodological aspects of IFRS 17- Participate in the design of the production environment of IFRS 17 Key Performance Indicators (KPIs) of Position: - Delivery to project deadlines- High standards of technical rigor- Strong communication and stakeholder management Essential experience, skills and competencies: - 8+ Actuarial exams- Experience and knowledge of European and Middle Eastern insurance products- Experience with MS Office (Excel - Access)- Experience with Prophet - actuarial modelling software- Experience with R statistical package- Good theoretical knowledge and practical experience of IFRS17 Reporting basis- Ability to work in a team taking own initiative and consulting with others as appropriate- Attention to detail combined with respect for deadlines Advantageous skills and experience: - Experience of financial or risk reporting of complex financial products.- Sound understanding of capital markets- Ability to manage the expectations of others allowing for multiple dependencies - Peoples management,

Keyskills :
financesalesltdmisaccountancyms officecash flowlife insurancestrategic partnershipsregulatory communicationsrisk reportinguatcashriskifrsemeasound

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