Valuation Senior Actuarial Associate

The Canadian ASSC Group Benefits (GB) Valuation team is responsible for the reserve and capital of the GB segment and provides ongoing support to the business. Thanks to the dynamic nature of GB, there is a regular flow of stimulating initiatives such as inquiry related to the support of clients, reporting of earnings and Basis Change.

As part of the GB Valuation team, you will have a lot of developmental opportunities, such as increasing your knowledge of key aspects of group benefits (e.g., products, financial arrangement, IFRS 17, LICAT, etc.) as well as your communication skills.

The role involves working closely with the GB’s Valuation and Line Actuaries. You will also have the opportunity to collaborate with Pricing team, the accountant finance team, Group Finance Actuarial, Group Capital Management and IS.

Key Responsibilities:

• Support the monthly/quarterly reporting process, including partnering with the 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, and ensure all Basis Changes and capital implications are well understood by partners
• Implement, review AXIS modeling changes; perform ad-hoc modeling in GGY AXIS as required

What we are looking for

• 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 (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed
• Self-starter with the ability to work independently, particularly in using sound, independent 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 handle contending priorities
• Proficiency in GGY Axis

What can we offer you?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.

Our commitment to you

• Values-first culture
  We lead with our Values every day and bring them to life together.
• Boundless opportunity
  We create opportunities to learn and grow at every stage of your career.
• Continuous innovation
  We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion
  We foster an inclusive workplace where everyone thrives.
• Championing Corporate Citizenship
  We build a business that benefits all stakeholders and has a positive social and environmental impact.

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.