Actuarial Manager

The Opportunity

This role requires a good balance of both actuarial technical skill and leadership skill. You will be leading a team to deliver actuarial work, build relationship with your stakeholder and be part of a bigger regional actuarial team to lead Asia wide actuarial initiative/project.

Responsibilities:

•    Support business unit’s IFRS17 reporting. This includes and not limited to reserve movement analyses (RMAs), experience monitoring reports and other supporting financial reporting deliverables.
•    Support business unit’s Driver of Earnings (DOE) reporting and other required reporting to fulfil audit, group or local requirements. 
•    Have good understanding of the valuation system and process. 
•    Manges and review Off-Cycle and Annual Basis Changes
•    Uses appropriate judgment in dealing with unexpected issues and requests, demonstrates an ability to prioritize work, balances resource requirements and achieves win-win solutions. 
•    Demonstrates an understanding and working knowledge regarding technical aspects of the work, possessing sufficient knowledge and intuition to be able to independently verify and reconcile information under review.
•    Providing trainings to junior staff on actuarial concepts, modelling principles, financial reporting processes and technology.

Leadership and Team Development
•    Provides strong, proactive leadership and coaching to a team of analyst professionals.  Assist in monitoring/reviewing work of the team to ensure accurate and timely completion of assignments within the established timeframes and quality standards.
•    Enhance the team’s capabilities and broaden its influence to evolve into a high-performing team. 
•    Builds relationships and establishes a high level of credibility with Actuarial management across the Asia Division particularly Business Unit Valuation Actuaries, their teams, Asia Chief Actuary and RAS. 
•    Serves as project manager for Asia wide actuarial project/initiative, including defining project scope, project planning, resource allocation, project execution, communication of project result.
•    Cultivates an innovative environment by supporting creativity and teamwork.
•    Plays a key role as part of the VSSC leadership team in the achievement of VSSC projects, the goals of process improvement and best practices in valuation reporting.

Required Qualifications:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field

• 7-9 years in Actuarial team, preferably in valuation team or with IFRS17 reporting experience.

• Near-qualified actuary or demonstrating good exam progress

• Strong understanding of financial/ economic principles and mathematical skills

• Advanced proficiency in MS Office applications

• Strong oral and written communication skills

• Well-developed analytical and problem-solving ability

• Strong knowledge of business unit and its profitability drivers

• Ability to provide concise, accurate explanations in addition to answers

• Experience in guiding and coaching junior analyst.

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.

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 hr@manulife.com.

Working Arrangement