Ssr. Actuary

at  MetLife

Country
Argentina
Working Schedule
Full-Time
Work Arrangement
Hybrid
Relocation Assistance Available
No
Posted Date
22-Jul-2024
Job ID
3585

ESSENTIAL EXPERIENCE, SKILLS AND COMPETENCIES:

• 2+ years of experience within an actuarial function or coding function.
• Prior modelling experience in Prophet and working with best estimate cashflow models.
• Experience working on cross functional transformation projects.
• English communication and presentation skills.
• Capable of developing and maintaining strong working relationships with project team members, IT, and business resources.

ADVANTAGEOUS SKILLS AND EXPERIENCE:

• Familiarity with ALM and CFT standards.
• Experience with ALS
• Experience in other ancillary tools/technology, e.g. Phyton, Alteryx, Power Bi.

ROLE VALUE PROPOSITION:

This is a role in Global Actuarial Modeling (GAM) team, specifically focusing on Retail Life Business in the US Region. GAM is a part of Actuarial Resources function, which sits within Finance Management Group (FMG).
GAM US team plays the crucial role of subject matter expert as it pertains to actuarial modeling, and is responsible for delivering robust and scalable actuarial modeling solutions in accordance with enterprise & regional objectives, while adhering to MetLife’s actuarial coding and practice standards. For specific lines of business, GAM also plays the critical role of generating accurate and timely numbers which become part of MetLife’s internal and external financial reporting. 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 working with the Retail Life Actuarial team to develop and deploy actuarial models for various reporting purposes. This will involve:

• Collaborating with the US Actuarial team and IT partners to maintain and develop 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:

• Support with the delivery of actuarial models used for the following bases:
  o Asset Liability Management
  o Cash Flow Testing
  o Embedded Value
  o US GAAP
  o US Stat
  o Risk Based Capital

o Economic Capital

• Maintain a robust change management process around the Retail Life actuarial model supporting US Actuarial and continue to enhance modelling capabilities.
• Engage with US Actuarial Teams and partner with the rest of GAM US to ensure consistency across actuarial models and standards.
• Ensure a monthly ALM reporting and support on production activities.
• Support the management and quality of various libraries of codes.
• Actively engage with business partners across the organization to improve our reporting processes.
• Oversee modelling efforts and engaging with business customers.
• Maintenance of models in line with MetLife’s Global Actuarial Modeling Prophet coding standards.