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Actuarial Associate – 1 Year Contract

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MetLife

Nov 7

Applications are closed

  • Job
    Full-time
    Mid & Senior Level
  • Dubai

Requirements

  • Working towards Associate of US Society of Actuaries or UK Institute of Actuaries or equivalent
  • Bachelor degree in Mathematics, Actuarial Science or related field
  • At least 3-5 years of total experience including 2 years in Actuarial Valuation
  • Advance skills in Excel, Word and Power-point
  • Proficient practical and theoretical knowledge of pricing, reserving, and actuarial analysis
  • Fluent in English

Responsibilities

  • Lead the preparation of quarterly reserve analysis files including performing the necessary checks and controls to ensure reasonableness of the results:
  • Support in the evaluation of the impact of valuation assumptions and valuation model changes under IFRS 17
  • Support in identifying and implementing enhancements to our IFRS 17 data, systems and processes
  • Lead the Quarterly/Monthly Statutory & LDTI Valuation including timely data gathering, preparation and review of all actuarial related entries, trend analysis, and analysis and explanation of results to management.
  • Create necessary reports and documentation to support IFRS 17 valuation results.
  • Manage multiple regulators as well as various auditors across the Gulf countries.
  • Develop your skills by actively participate in training programs and pursue actuarial exams to enhance knowledge and skills in the field.
  • Coordinate and collaborate with senior actuarial staff, finance professionals, and other departments such as Products, Operations and IT to ensure alignment and compliance with IFRS 17 requirements.
  • Actively participate in training programs and pursue actuarial exams to enhance knowledge and skills in the field.

FAQs

What is the job title for this position?

The job title is Actuarial Associate – 1 Year Contract.

What type of work arrangement is offered for this role?

The work arrangement is hybrid.

Is relocation assistance available for this position?

No, relocation assistance is not available.

What is the posting date for this job?

The job was posted on 06-Nov-2024.

What are the required qualifications for this position?

The required qualifications include working towards an Associate of US Society of Actuaries or UK Institute of Actuaries, a Bachelor’s degree in Mathematics, Actuarial Science or a related field, at least 3-5 years of total experience including 2 years in Actuarial Valuation, and advanced skills in Excel, Word, and PowerPoint.

What kind of experience is preferred for candidates applying for this role?

Candidates should have at least 3-5 years of total experience with a minimum of 2 years in Actuarial Valuation.

What are some of the key responsibilities of this position?

Key responsibilities include leading the preparation of quarterly reserve analysis files, managing multiple regulators and auditors, creating necessary reports, and coordinating with senior actuarial staff and other departments to ensure compliance with IFRS 17 requirements.

What skills would give candidates an edge in applying for this job?

Additional skills that could give candidates an edge include good interpersonal skills, problem-solving abilities, being a team player, flexibility, fluency in the local language, and knowledge of local valuation regulations.

Are there any specific benefits offered for employees in this role?

Yes, benefits designed for holistic well-being include health care coverage, insurance discounts, premium gym membership, volunteer time off, and flexible Fridays, among others.

How can candidates develop their skills in this position?

Candidates can develop their skills by actively participating in training programs and pursuing actuarial exams to enhance their knowledge and skills in the field.

Finance
Industry
10,001+
Employees
1868
Founded Year

Mission & Purpose

We live in a time of unprecedented change. A time when economies, regulations, and social safety nets are all in flux. Customers around the globe have told us they’re overwhelmed by the pace of change and are looking for a trusted partner to help them manage life’s twists and turns. MetLife is committed to being that partner. That’s why we’re transforming our business: Delivering greater value for the people we serve by becoming a simpler, more focused, and future-facing company. We’ll be introducing new ways to meet our customers’ evolving needs, with flexible products; simpler, more intuitive experiences and a range of new services. MetLife. Navigating life together. MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), 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 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

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