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Team Leader- Operations job in Noida

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Noida MetLife

Job Ref:	136883
Employer:	MetLife
Sector:	Health Insurance Investment Life Insurance
Qualifications:	Unclassified
Software:	Excel Prophet Python R VBA
Job Type:	Full Time
Salary and Benefits:	$80,000 per year
Remote:	No
Location
Country:	India
City:	Noida
Post Code:	Not specified
Map:	(Show on map)
Description
Particular focus of the role includes: Responsible for the SII quarterly and annual reporting. Responsible for the analysis of SCR, MCR and Risk Margin. Support in the preparation of production related files and controls. To understand and provide a resolution to queries raised by analysis and ensuring timely closure of responses. Provide support to analysis teams by providing requisite information. Timely and accurate reporting for SII. To understand the tools completely and comply with changes when needed. Provide support to development team in End to End testing of all the SII production tools and Datawarehouse development. Responsible for understanding SII regulation and implementing the new regulatory requirement in our production process. Provide support in all the audit related activities. Develop strong working relationships and strategic partnerships with internal clients to ensure a high degree of customer satisfaction. Assist development team to support in all development activities and ensure critical focus on smooth SII actuarial valuation throughout the course of the reporting year. Job Responsibilities To support the delivery of the following objectives: Timely and accurate reporting of SII numbers using all the requisite tools such as ACE Tool, Market Risk Tool, Premium Tool, Tax Tool and Datawarehouse. Timely resolution of queries from analysis teams. To develop deep understanding of out SII production tools to ensure error free reporting. Run all the controls in time to ensure that all results are correct and accurate to the best possible level. Explanation of changes in the impact on our key results of Solvency Capital Requirement, Minimum capital requirement and Risk Margin on quarterly basis and key drivers for the change. Communicating well with the external stakeholders Key Performance Indicators (KPIs) of Position: Accurate and timely SII reporting with high standards. Execution of second-line data validation and completeness checks to required actuarial and audit standards. 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 demonstrable ownership of work; clearly flagging any issues and goal delivery concerns to senor leadership team. Knowledge, Skills and Abilities Education A bachelors or masters university degree with a heavy mathematical focus (e.g. mathematics, engineering, physics, computer science, financial economics) Experience Around 2-3 years of actuarial experience, 4-5 Actuarial exams, with interest to be a fellow with relevant reporting experience Knowledge and skills (general and technical) Essential experience, skills and competencies: Meticulous in the validation, presentation and communication of results; Respectful of deadlines, discipline and process, yet flexible and pragmatic within a growing business; Capable of working autonomously or with a team, and of balancing own initiative with advice from others; Able to navigate through complex problems and organisations to achieve results and deliver solutions; Able to communicate complex issues to non experts; Experience of Regulatory Reporting, IFRS, and EV/VNB reporting; Demonstrable experience of insurance products sold by MetLife globally being a distinct advantage; A thorough knowledge of actuarial reporting across a wide range of product types: unit linked; creditor, individual protection and group business; Recent practical experience of financial / actuarial modelling systems (Prophet would be a plus); Excellent Excel/VB/ VBA skills. (Python/ R coding skills would be a plus) MetLife: 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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired Companies." MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world. The wage range for applicants for this position is [the more specific figure (for example (only): $80,000) or range within which the hiring manager reasonably expects to hire (for example (only): $70,000 - $85,000)]. The role is eligible for incentive compensation under the sales incentive plan for your position. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services and paid time off. All incentives and benefits are subject to the applicable plan terms. We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below. MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law. MetLife maintains a drug-free workplace.

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