Actuarial Lead

Metlife · Uttar pradesh, India

Hiring: Actuarial Lead

• Essential Functions
• • Managing the Overall ALM Process( ALM, AMG and Liability modelling, along with US valuation)
• • Reviewing and validate results – for asset modelling, ALM work, reserving, capital adequacy checking
• • Support the determination of company-wide investment assumptions
• • Review of EV, LRT, US GAAP, Economic Capital, RBC related results
• • Managing implementation of emerging standards, such as GAAP LDTI
• • Managing team - training, rotations and professional development
• • Managing stakeholders
• • Taking initiative to get the team involved in new areas of work
• • Ensuring quality of outputs from the team

• Basic Function
• • Managing and providing leadership to the ALM/AMG/US valuation teams
• • Rationalizing the ALM – US valuation team to increase efficiency by streamlining work
• • Communication with stakeholders; integration with onshore team
• • Training and upskilling of team members
• • Review of results
• • Keeping abreast of research and developments in the area, including developments in software, new standards and so on
• • Commenting on and suggesting alternative methodologies; providing thought leadership
• • Understanding of data sources, software, other platforms used –such as, Prophet ALS, Moses, Bloomberg

Knowledge and skills (general and technical)

• Technical Skills Knowledge of asset modelling, ALM, reserving, EV, LRT, US GAAP, Economic Capital, RBC
• Strong spreadsheet skills
• Process Specific Skills Knowledge of processes with MetLife ALM/AMG/US Valuation team
• Soft Skills (Mandatory) Excellent analytical skills
• Strong verbal and written communication skills
• Soft skills (Desired) Strong interpersonal skills

Education:

• Graduate in finance or quantitative field
• Advanced degree in quantitative field or an MBA is desirable.
• CFA, CERA, FRM, ASA and/or FSA/FIA qualifications are preferred

Experience:

• At least XX years of experience in financial services industry preferably including experience within Asset Liability Management function
• Proven capability of demonstrating critical analysis and apply judgment to assist in interpreting complex topics.
• Flexibility and the ability to adapt to change in a dynamic environment and build collaborative relationships.
• Ability to challenge existing ways of working and provide innovative solutions.

Other Requirements (licenses, certifications, specialized training – if required)

• Strong verbal and written communication skills
• Strong interpersonal skills.