Actuary
MetLife Services and Solutions, LLC
Employer Active
Posted 8 hrs ago
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Principal Accountabilities of Position:
1. Gulf IFRS 17 Reporting
- Lead quarterly and year end IFRS 17 actuarial reporting across all Gulf entities, ensuring accuracy, timeliness, and strong governance.
- Review reserve analysis, valuation assumptions, model changes, and disclosures; clearly explain key drivers and impacts.
- Drive enhancements and automation to IFRS 17 data, systems, and processes to improve robustness and efficiency.
- Prepare audit ready and regulator ready reporting
- Lead Gulf IFRS 17 balance sheet and income statement projections
- Proactively identify emerging risks, analytical gaps, or process weaknesses and propose necessary enhancements to strengthen actuarial insight, governance, and controls.
2. Statutory & LDTI Valuation Support
- Oversee timely provision of data and review actuarial valuation results and entries for reasonableness and trends.
- Support interpretation and communication of results, key movements, and risks to senior management.
3. Actuarial Governance & Regulatory Support
- Support the Gulf Chief Actuary in maintaining actuarial policies, procedures, and controls in line with regulatory and internal requirements.
- Contribute to statutory and regulatory actuarial reporting, solvency monitoring, and impact assessment of regulatory changes.
- Provide actuarial advice on pricing, risks, capital, and the ability to meet policyholder obligations.
4. Experience Studies & Assumptions
- Oversee annual experience studies (e.g. mortality, lapse, expenses) and ensure timely delivery and robust analysis.
- Review and verify trends and impacts against prior years and recommend Best Estimate assumptions for statutory, GAAP, and VNB purposes
5. Collaboration & Stakeholder Management
- Work closely with actuarial, finance, and cross functional teams (Products, Operations, IT) to deliver robust end to end outcomes.
- Provide actuarial leadership, constructive challenge, and support to broader actuarial initiatives as needed.
6. Professional Development & Capability Building
- Pursue ongoing professional development, including actuarial exams and training.
- Contribute to team capability through knowledge sharing, coaching, and technical review support.
Key Performance Indicators (KPIs) of Position:
- Timely and accurate completion of statutory valuations in compliance with regulatory, actuarial, and governance requirements, with no material audit issues.
- Annual experience studies and assumption updates completed by Q3, with approvals, documentation and implementation across relevant valuations.
- On time delivery of monthly and quarterly GAAP valuations, with high quality results, minimal rework, and well explained movements versus prior periods.
- Policyholder bonuses and crediting rates appropriately analyzed, approved through governance, and implemented ahead of year end.
- Effective management of valuation risks and controls, evidenced by stable processes, effective stakeholder communication, and positive audit outcomes.
Desired Candidate Profile
Experience, Skills and Competencies:
- Associate of the US Society of Actuaries, UK Institute and Faculty of Actuaries, or equivalent.
- Bachelor s degree in Mathematics, Actuarial Science, or a related field.
- 5 7 years of actuarial experience, including at least 2 years in actuarial valuation.
- Prior experience with IFRS 17 valuation and reporting is required.
- Strong actuarial knowledge across valuation, reserving, pricing, and actuarial analysis, with understanding of local valuation regulations.
- Strong analytical judgment, attention to detail, and ability to work independently under tight reporting deadlines.
- Good interpersonal and problem solving skills; able to work effectively under pressure.
- Team player with flexibility to support multiple priorities.
- Fluent in English; local language skills are an advantage.
- Proficient in Excel, Word, and PowerPoint; advanced Excel skills preferred.
Company Industry
Department / Functional Area
Keywords
- Actuary
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MetLife Services and Solutions, LLC
https://www.metlifecareers.com/en_US/ml/JobDetail/Actuary/17363