Actuarial Services - MGCC
Position Title: Actuarial Consultant
Reports to (Responsibility Level): Actuarial Manager / Senior Actuarial Manager
Supervises: NA
Location:
Noida
Global Grade
GG 11
Complexity: 7/T5C5
PID/s Load Mapping
Position Summary
This role would provide for product pricing for one of the Metlife entities.
Job Responsibilities
To ensure delivery of below objectives (exact combination would depend upon role alignment):
• Building the pricing models for the recent plans or modifying to reprice the existing ones.
• Making sure the new products align with enterprise goals and meet both the regulatory requirement as well as shareholder’s target.
• Ensuring compliance with the regulation and responsible for audit, regulators request and other related tasks
• Provide explanation and analysis of results to leaders including the production of written reports
• Perform variance analysis & effectively manage research/resolution/follow-ups for closure of open items and explain results to the Reporting manager
• Support in specification and validation of new valuation methodologies, models and product implementations
• Develop and support the team in areas such as automation projects, production steward reviews of models for new product pricing and completion of Local statutory valuation filing
• Active involvement in the areas of UAT test, valuations and modelling new products
Key Performance Indicators
• Meeting the timelines with respect to the key pricing milestones to the stakeholders.
• Error free preparation of pricing models compliant with relevant actuarial standards
• Work on any ongoing enhancements/developments to improve/simplify/automate the reporting process including use of the new age AI tools
• Contributing towards building a culture of collaboration, engagement, and trust while supporting the professional development of team members
• Active delegation and execution of work while maintaining strong focus on quality, timeliness, an
📌 Actuarial Consultant (Noida)
🏢 MetLife
📍 Noida