Actuarial Analyst Canada ASSC Manulife Business Process Services (MBPS) is currently searching for a talented and driven individual role who will be accountable for performing various actuarial services for our valuation team supporting Manulife Canada valuation team, the Actuarial Shared Service Center (ASSC).
The incumbent will be a part of the IFRS Valuation team by driving valuation, modelling and reporting activities for the life insurance products within Manulife Canada.
This role will provide a great opportunity to apply core actuarial concepts, to understand life insurance products and to work collaboratively with individuals within the team and other functions of the company.
Responsibilities:The successful candidate will have ownership of the following accountabilities:- Be involved in the modelling, implementation and running of IFRS17 models in Excel, Python and Moody's Analytics Axis software for Cost of Guarantee modelling of Canadian Segment's Par line of business. The deliverables include the quarterly reporting of cost of guarantee, as well as key sensitivities including Economic Capital and Stress Testing
- Explain key drivers and provide recommendations of the cost of guarantee for Canadian segment's Par line of business
- Become a person of contact when engaging with various business units to provide technical support for any questions raised during the engagement
- Maintain and run valuation models of various lines of business for quarterly reserve calculation and financial reporting, primarily using Moody's Analytics AXIS software
- Analyze reserve, capital and risk calculations and provide commentary on results to our contacts in Canada.
- Be involved with change management of our actuarial models, including assumption updates, model refinements, and new product implementation
Qualifications:- Bachelor's Degree in Actuarial Science, Mathematics, or Statistics
- At least 3 years of actuarial work experience with Insurance companies and/or Financial services
- Driven to attain designation in any recognized actuarial organization (SOA, ASP)
- Past experience in actuarial modelling (preferably AXIS) and valuation in the life insurance industry would be an asset; understanding of regulations and familiarity in the manner of operations life insurance companies is a plus.
- Ability to clearly communicate ideas, concepts and results to both technical and non-technical audiences whether written and oral
- Demonstrated ability meet tough deadlines and clearly set own priorities
- Able to work in an evolving and dynamic environment and resilient to pressure;
- Self-motivated with strong interpersonal skills and has demonstrated team collaboration
- Passion to grow and driven to be recognized as a trusted business partner
Every career at Manulife/John Hancock provides the opportunity to learn new skills and move your career forward. Ready to make an impact somewhere What are you waiting for Apply today.
About John Hancock and Manulife John Hancock is a unit of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife globally, including Canada, Asia and Europe. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.3 trillion (US$1.1 trillion) as of June 30, 2021. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com.
One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, and education savings plans. Additional information about John Hancock may be found at johnhancock.com.
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 [Confidential Information]. 
