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Assistant Manager, Actuarial Modeling Asia

Assistant Manager, Actuarial Modeling Asia

MetLifeKuala Lumpur, Kuala Lumpur, Malaysia
1 day ago
Job description

Overview

Role Valuation Proposition : The incumbent will be supporting the modelling team in implementing and maintaining MetLife Asia’s actuarial financial models on Prophet, mainly focused on the carrying out the design by the leadership. The incumbent has to carry out the coding to meet internal and external requirements and oversee the model development or model conversion of the designated countries. The incumbent will also address issues that arise during model development or model conversion, including understanding differences between new and old models and explaining / resolving with local countries where possible.

Key Relationships

  • Reports to : Director of Actuarial Modeling
  • Other Key Stakeholders : AVP Asia Modeling in Hong Kong, regional and local actuaries, Actuarial IT

Key Responsibilities

  • Maintain the actuarial model in accordance with internal and external requirements
  • Resolve difficult technical issues encountered in the model release process or production
  • Implement new projects according to the needs of local business units
  • Closely and regularly communicate with local country counterparts on model requirements and issues encountered
  • Perform appropriate model control processes and prepare proper documentation

    • Candidate Qualifications

    Business Knowledge / Technical Skills :

  • Have past experience of successful implementation of actuarial models on Prophet for multinational insurance companies
  • At least 2-4 years of practical Prophet experience, in-depth knowledge of using advanced features in Prophet. ALS experience will be a big plus
  • Experience working with actuarial models for reporting, pricing and valuation under different accounting frameworks
  • Experience with EV, US GAAP, LDTI, IFRS and local statutory financial reporting
  • Qualified or nearly qualified actuary from an internationally recognized profession or qualified by suitable experience, such as ASA or FSA
  • Proficiency in programming languages such as Python is a plus
  • Strong communication with people from different countries and cultures

    • About MetLife

    Recognized on Fortune magazine's list of the 2025 "World's Most Admired Companies" and Fortune World’s 25 Best Workplaces for 2024, 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. 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 empathy, we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible. Join us!

    Seniority level

  • Not Applicable

    • Employment type

  • Full-time

    • Job function

  • Finance and Sales
  • Industries : Insurance

    • #J-18808-Ljbffr

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    Manager Actuarial • Kuala Lumpur, Kuala Lumpur, Malaysia