Actuarial Specialist

Location: Noida, India

JDThis role sits within the EMEA Solvency II Development team and is primarily responsible for developing, maintaining and improving the tools and processes used to calculate and analyses Solvency II results. The role will also support quarterly Solvency II production to help ensure robust, timely and well-controlled delivery of results.Key responsibilitiesSolvency II Development - primary focus-Maintain and enhance Solvency II calculation and reporting tools, with a focus on BEL/RA and SCR production, analysis and controls.Implement tool and process changes arising from regulatory updates, methodology developments and business requirements.Translate agreed business and actuarial requirements into practical tool specifications, calculation logic, test scenarios and implementation plans.Perform impact assessments and support end-to-end testing, including test execution, result reconciliation, defect investigation and evidence retention.Strengthen automated checks, reconciliations and audit trails to improve accuracy, control and transparency across the Solvency II process.Identify opportunities to simplify workflows, reduce manual intervention and improve the efficiency and resilience of recurring production activities.Maintain clear documentation for tool logic, methodology, operating procedures, controls, testing and change history.Work with actuarial production, modelling, finance, risk, IT and other stakeholders to deliver changes into production in a controlled manner.Solvency II production and analysis - supporting focusSupport quarterly calculation and analysis of BEL/RA and SCR under the Standard Formula methodology.Produce and analyse base and stressed BEL results, investigate movements and support explanation of material drivers.Run, review and validate relevant Solvency II tools and outputs, escalating issues and supporting timely resolution.Support quarterly regulatory reporting deliverables, including QRT inputs, reconciliations, review packs and clear commentary on results.Provide production support during peak reporting periods and help ensure deliverables meet agreed timelines and quality standards.Support audit, control and governance requirements by preparing clear evidence and responding to review queries.

About MetLifeRecognized 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, it’s #AllTogetherPossible. Join us!