Are you looking for opportunities to grow and succeed? An exciting opportunity is available to play a key role in supporting our financial reporting under IFRS
17 and develop core actuarial valuation skills. Reporting to the US IFRS Actuary, this Senior Actuarial Associate role will be involved in calculating and analyzing reserves and capitals, driver of earnings, policyholder experiences, as well as communicating technical concepts to a wide audience including senior management. The experience this role offers would give a deeper understanding of some of Manulife’s more sophisticated Life products, and build working relationships with a large group of seasoned actuarial and accounting professionals and other various stakeholders in a challenging yet flexible and supportive environment.
Position Responsibilities
Reporting
Play a central role in quarter-end earnings and reserves.
Maintain the current process of a robust IFRS
17 Drivers of Earnings, Reserve Movement Analysis and Risk Integrity, and enhance efficiency where applicable.
Support the valuation reviews and controls of assumptions as part of the annual and off-cycle process.
Work closely with Line Actuaries in reviewing, enhancing, and streamlining valuation methodology and processes while also ensuring that valuation is being performed in compliance with applicable internal guidelines and actuarial standards.
Assist in required capital analysis and support reporting under LICAT
Participate to various reporting deliverables to Group Functions and other stakeholders (e.g. Appointed Actuary's Report, Basis Change, Reserve Sensitivities etc.)
Collaborate with primary stakeholder teams such as Liability Modeling Team, Accounting, IT, Inforce Management, Pricing, Group, Senior Management, Risk Management.
Projects
Assist with potential in-force optimization projects.
Assist with ad hoc management requests.
Continuously improving and refining valuation processes through streamlining spreadsheets, simplifying calculations and automating deliverables (e.g. developing new tools with Python, Power BI, SQL or Qlikview queries)
Required Qualifications
Detail-oriented, excellent analytical and problem-solving skills.
Proactive, self-directed, and able to work independently.
Strong verbal and written communication skills, ability to communicate technical concepts to a wide audience.
Ability to work collaboratively with individuals from various areas.
Adaptability and willingness to be flexible in a relatively new and ever-changing IFRS
17 environment.
Actively working towards an FSA/FCIA designation.
3+ years of experience working within an Actuarial/Finance area
Preferred Qualifications
Knowledge of Life UL products and Financial Reporting is an asset
Strong Excel skills, with exposure to AXIS preferred.
When you join our team
We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we’ll support you in shaping the future you want to see.
#LI-Hybrid
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit .
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
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