MetLife

Assistant Manager, Actuarial Modeling Asia

Posted: 2 days ago

Job Description

Requirements Description and Requirements Role Valuation Proposition The incumbent will be supporting the modelling team in implementing and maintaining MetLife Asia’s actuarial financial models on Prophet, mainly focused on the carrying out the design by the leadership. Also, the incumbent has to carry out the coding to meet internal and external requirements and overseeing the model development or model conversion of the countries designated to him/herThe incumbent will also be looking after issues that arise during the model development or the model conversion. This includes understanding differences between new and old models, and explaining to/resolving with local countries if possible Key Relationships: Reports to: Director of Actuarial ModelingOther Key Stakeholders: AVP Asia Modeling in Hong Kong, regional and local actuaries, Actuarial IT Key Responsibilities: Play the model developer role in the BAU process of actuarial model releases for the businesses in Asia. The responsibilities include:Maintain the actuarial model in accordance with internal and external requirementsResolve difficult technical issues encountered in the model release process or productionImplement new projects according to the needs of local business unitsClosely and regularly communicate with local country counterparts on the model requirements and issues encounteredPerform appropriate model control processes & prepare proper documentationCANDIDATE QUALIFICATIONS: Business Knowledge/Technical Skills: Have past experience of successful implementation of actuarial models on Prophet for multinational insurance companiesAt least 2-4 years of practical Prophet experience, in-depth knowledge of using advanced features in Prophet. ALS experience will be a big plusHave experience of working with actuarial models for reporting, pricing and valuation under different accounting frameworksHave past work experience in EV, US GAAP, LDTI, IFRS and local statutory financial reportingA qualified or nearly qualified actuary from an internationally recognised profession or qualified by suitable experience, such as ASA or FSA.Proficiency in programming languages such as Python will be a plusStrong in communication with peoples from different countries and have different culturesAbout MetLifeRecognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces™, 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 our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible . Join us!

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