Actuarial Lead

MetLif; Dadri; On-site; INR 900,000 - 1,500,000; Full time

Job summary

MetLife, a leading global insurer, is seeking a South Asia Valuations professional for its MGCC unit. You will support actuarial valuations under US GAAP, local statutory, and IFRS 17, delivering accurate reserves and reports while coordinating with local offices and global stakeholders.

Key tasks include experience studies, assumption setting, regulatory reporting, and maintaining actuarial documentation. The role emphasizes independence, integrity, and clear communication with non-technical

Qualifications

• Must have actuarial valuation/reporting exposure.
• Experience with US GAAP, Local Statutory, IFRS 17 preferable.
• Experience studies and assumption setting experience.
• Strong communication with non-technical stakeholders required.

Responsibilities

• Perform US GAAP, US Statutory and Local Statutory valuations for life products.
• Support IFRS 17 reporting and related implementation activities.
• Assist with risk-based capital, solvency and regulatory reporting.
• Conduct experience studies and support assumption setting.
• Explain movements in reserves and financial results to stakeholders.
• Maintain actuarial documentation and audit materials.
• Collaborate with Finance, IT, and external consultants.
• Ensure accuracy and timely delivery of outputs.

Skills

Analytical skills

Independent work

Integrity

Ownership

Communication

Explain complex results

Education

Degree in Actuarial Science / Mathematics / Statistics

Actuarial qualification in progress

Tools

Prophet

SQL

Job description

Job Description – South Asia Valuations (MGCC)

The role supports actuarial valuation and financial reporting activities for Asia life insurance businesses across multiple accounting and regulatory frameworks. The incumbent will work closely with local offices, finance, and global stakeholders to deliver accurate reserve calculations, IFRS 17 reporting, and related actuarial analyses.

Key Responsibilities

• Perform US GAAP (US GAAP), US STAT, and Local Statutory valuations for life insurance products
• Support IFRS 17 reporting, including ongoing reporting and implementation / enhancement activities
• Assist with risk-based capital, solvency regime, and regulatory reporting requirements
• Conduct experience studies (mortality, lapse, expenses, etc.) and support assumption setting
• Analyze and explain movements in reserves and financial results
• Prepare and maintain actuarial documentation, methodologies, and audit support materials
• Collaborate with cross-functional teams including Finance, IT, and external consultants
• Ensure accuracy, integrity, and timely delivery of actuarial outputs

Technical Skills

• Strong understanding of reserving and valuation concepts
• Solid knowledge of cashflows, financial statements, and insurance accounting
• Good understanding of IFRS 17 principles and reporting framework
• Prophet user experience preferred (model development experience is not mandatory)
• SQL
• Strong analytical and problem-solving skills

Professional Skills

• Ability to work independently with minimal supervision
• High level of integrity and professional judgment
• Takes ownership and accountability for deliverables
• Strong written and verbal communication skills
• Able to clearly explain technical results to non-technical stakeholders

Qualification & Experience

• 2 to 3 years of actuarial work experience
• Degree in Actuarial Science, Mathematics, Statistics, or related field
• Progress toward actuarial qualification preferred
• Prior experience in life insurance valuation or reporting, knowledge of participating business is an advantage

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. As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We’re looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value. 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 is #AllTogetherPossible .Join us!