Maxis Actuarial and Finance Support
hace 1 semana
Country- Argentina- Working Schedule- Full-Time- Work Arrangement- Hybrid- Relocation Assistance Available- No- Posted Date- 19-Jun-2024- Job ID- 2790**Description and Requirements**:
The Actuarial Associate will be part of a team responsible for the oversight of the MAXIS Global Benefits Network. MAXIS, co-founded by MetLife & AXA in 1998, is one of the leading international employee benefits networks providing global service capabilities and delivering world-class employee benefits perspectives and solutions. Since 2016, the MAXIS structure involves local members writing the business and reinsuring into AXA, with any retained business being retroceded to MetLife Reinsurance of Bermuda (MrB), generally on a 50/50 basis.
The associate will develop a strong understanding of valuation and financial elements of a dynamic and growing business unit. Opportunity to expand into pricing, underwriting and risk management components as well. There will be significant exposure to both internal and external business partners, leading project analytics and communication.
Responsibilities include:
- Actuarial support for the MAXIS joint venture; interaction between MAXIS, AXA and several MetLife entities on the actuarial entries.
- Development and presentation of analysis for the MetLife Bermuda actuarial and finance team to provide certification of the MAXIS reserves, as well as support for their regulatory filings.
- Model creation and validation for Home Office Reinsurance Financials - Actuals, Plan, Projections. Insight of drivers and explanation to management.
- Timely and accurate monthly submission of actuarial balances related to MAXIS arrangement to the Corporate & Other Valuation Unit.
- Critical actuarial and financial support for the monthly, quarterly and annual deliverables for P&L accrual, year end finalization, and C&O projection and planning cycle
- Provide the actuarial support to ensure proper execution of new reinsurance agreements/novations for the MAXIS member/client conversions.
- Review and tracking of captive collateral calculations. Interaction with AXA and MAXIS on the outcome of the calculations and direction to ensure sufficient collateralization exists. Ongoing maintenance and updates of related guidelines.
- Develop skills and contribute on pricing, underwriting and risk appetite matters as they relate to the MAXIS business.
Qualifications:
- 3-5 years of actuarial-related experience. Universtity actuarial degree. Attainment of Society of Actuaries ASA designation a plus.
- Strong computer/technical skills - knowledge of programming languages a plus
- Strong verbal and written communication skills. Ability to interact with internal and external, and non-actuarial business partners.
- Ability to remain organized and retain focus on multiple simultaneous projects.
**Benefits We Offer**
Our benefits are designed to care for your holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer health care coverage for you and your family, insurance discounts for home, car, and pet protection, as well as parental leave. We also provide premium gym membership for you and your direct relatives, volunteer time off, discounts with specific universities, flexible Fridays, connectivity reimbursement, and much more**About MetLife**
Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies", 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- At MetLife, we are committed to fostering diversity among employees, through non-discriminatory treatment for reasons of gender, gender expression, sexual orientation, religion, age, nationality, marital status, disability, physical or economic condition, HIV and embarrassment as a requirement for entry, permanence or ascension and there is equal employment opportunities.
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