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/her

The 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 Modeling

Other 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 requirements
Resolve difficult technical issues encountered in the model release process or production
Implement new projects according to the needs of local business units
Closely and regularly communicate with local country counterparts on the model requirements and issues encountered
Perform appropriate model control processes & prepare proper documentation

CANDIDATE QUALIFICATIONS:

Business Knowledge/Technical Skills:

Have past experience of successful implementation of actuarial models on Prophet for multinational insurance companies
At least 2-4 years of practical Prophet experience, in-depth knowledge of using advanced features in Prophet. ALS experience will be a big plus
Have experience of working with actuarial models for reporting, pricing and valuation under different accounting frameworks
Have past work experience in EV, US GAAP, LDTI, IFRS and local statutory financial reporting
A 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 plus
Strong in communication with peoples from different countries and have different cultures

About MetLife

Recognized 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!

Assistant Manager, Actuarial Modeling Asia