Senior Actuarial Associate

This Senior Actuarial Associate role offers an exciting opportunity to be part of the Canadian ASSC Group Benefits Valuation team, where you will play a crucial role in managing the reserve and capital of the Group Benefits segment.

Your contributions will support our mission by facilitating key business initiatives like client support, earnings reporting, and Basis Change analysis. Through this position, you will expand your knowledge of group benefits, enhance your communication skills, and collaborate with various teams, gaining valuable experience in a dynamic environment.

Position Responsibilities:

• Support the monthly/quarterly reporting process, including partnering with Business Unit Finance to explain financial results.

• Support the Valuation and Line Actuaries regarding underwriting and pricing requests as well as special projects and business initiatives.

• Support review of assumption/methodology of reserve.

• Assist the Line Actuary with Basis Change impact review, ensuring all Basis Changes and capital implications are well understood by partners.

• Implement and review AXIS modeling changes; perform ad-hoc modeling in GGY AXIS as required.

Required Qualifications:

• Actuarial designation (ASA) with 2+ years of proven experience in actuarial roles.

• Post-secondary education in Math/Computer Science, Actuarial Science, or equivalent.

• Demonstrates sophisticated knowledge regarding technical aspects of work; able to review data or results for reasonability and identify root causes and drivers.

• Self-starter with the ability to work independently, particularly using sound judgment, problem-solving, and analytical skills

• Remains calm and controlled in pressured and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles.

• Strong interpersonal skills with the ability to collaborate, negotiate and have strong influence.

• Results-oriented, able to handle expectations, work under tight deadlines, and manage competing priorities.

• Proficiency in GGY Axis.

Preferred Qualifications:

• Experience collaborating with Pricing team, accountant finance team, Group Finance Actuarial, Group Capital Management, and Information Systems.

• Familiarity with IFRS 17 and LICAT.

• Strong communication skills gained through developmental opportunities within group benefits.

• Ability to work closely with Valuation and Line Actuaries.

• Proven ability to engage in special projects and business initiatives.

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 https://www.manulife.com/en/about/our-story.html.

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.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Referenced Salary Location

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.