Actuarial Consultant / Senior Actuarial Consultant

Posted 6 Hours Ago
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Noida, Gautam Buddha Nagar, Uttar Pradesh
Hybrid
Mid level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
The Actuarial Consultant role involves supporting product pricing and valuation, preparing internal reports, and collaborating with finance and actuarial teams. The consultant will utilize actuarial software for modeling and maintain communication with various stakeholders while ensuring quality and timeliness in deliverables.
Summary Generated by Built In

Description and Requirements
To support the delivery of the following objectives:

  • Active involvement in the areas of Product pricing, New Business Value, UAT test, Valuations and modelling new products.
  • Preparation of various internal reports along with actuarial statutory report
  • Knowledge of reserving, Local Insurance Laws, regulations would be beneficial.
  • Populate CFT projection model for liquidity test.
  • 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 Prophet.
  • Good communication skill (both written and spoken) in English.
  • Good with coding and VBA skills.
  • Maintain productive working relationships with internal and external team members.
  • Provide extensive support to the finance department in process improvement, Reinsurance and other relevant.


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, RBC, Local STAT etc.)
  • Validation of changes made in the Models for Pricing and 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.


About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™ for 2024, 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 individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services.
At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid

Top Skills

VBA

What the Team is Saying

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The Company
HQ: New York, NY
43,000 Employees
Hybrid Workplace
Year Founded: 1868

What We Do

Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond.  With operations in more than 40 markets and leading positions across the globe, MetLife’s building a workforce of diverse and empowered voices that all belong.  Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

Why Work With Us

At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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Employees engage in a combination of remote and on-site work.

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