Description and Requirements
ROLE SPECIFICATION
Rating, Fed and STAT Reporting process involves preparation of surveys for government and rating agencies like Fitch, Moody's, S&P etc. He/she has to validate inputs from different departments, compile the information and validate STAT/ GAAP numbers from the system . Surveys are based on STAT and GAAP numbers. He/she is will also be responsible for supporting blue/orange book compilation and analysis which would also include preparing board presentations, packages, and open to quick learning adhoc task.
PRINCIPAL RESPONSIBILITIES:
- Learn about preparation of current Organization's surveys coming from Government and different rating agencies.
- Validate the submissions coming from different departments in order to ensure that prepared surveys looks good.
- Analyze the financial on the basis of available data and facts and putting commentary for any significant variation or unusual trends.
- Learn about emerging accounting and reporting issues that may impact MetLife's reporting obligations under statutory requirements.
- Respond quickly to the various queries of:
a)Regulators;
b) Internal and external auditors;
c) State side Managers and
d) Controllership - Partner with various units (i.e. accounting operations team, investment team, actuarial, interface owners etc.)
- Provide timely and accurate guidance/assistance in evaluating accounting and reporting treatment/processes/procedures to various groups within the business.
- Prioritize and focus to meet customer expectations and reporting deadlines.
- Work under constant changing environment.
- Manage multiple tasks to ensure all deliverables are completed by due dates.
- Perform ad hoc queries/reports as requested by state side managers/auditors/regulators/ controllers
COMPETENCIES/ SKILL REQUIREMENT
- Financial accounting/ reporting experience.
- Must have good understanding of STAT numbers as per NAIC guidelines and US GAAP numbers.
- Good understanding of accounting and reporting guidance. Sound technical and research skills as demonstrated by an understanding and practical application of various accounting and reporting guidance.
- An inquisitive and logical thinking mind and strong analytical and problem solving skills.
- Good communication skills, including effective and concise writing skills and verbal communication skills.
- Ability to quickly acquire an understanding of the organization's operations and its accounting systems.
- Goal oriented.
- Ability to work independently and as part of a team.
- Proficiency with computer systems, PC's and financial software applications. Proficiency in Microsoft Office software packages. Working knowledge of Blue-book a plus.
- Insurance industry experience preferred.
EDUCATION:
- Chartered Accountant with minimum 2 years of experience
WORK TIMING:
2 pm to 11 pm
Shift will be followed as per calendar agreed with state-side partners.
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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.
MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together