The Associate Actuary role offers an exciting opportunity to drive IFRS valuation earnings reporting and analysis,  for US UL, VUL, and IUL products, directly supporting senior management decision-making and contributing to our mission of financial excellence. By enhancing valuation tools and methodologies, and collaborating across functional teams, you will play a pivotal role in ensuring robust financial reporting and strategic business insights. This position provides a platform for career growth, professional development, and the chance to work in a supportive, flexible, and inclusive environment.

Position Responsibilities:

- Produce quarterly IFRS reserves and analysis, including Driver of Earnings.

- Enhance IFRS17 valuation and reporting tools, methodologies, and processes.

- Support valuation projects such as Qlik DOE and LTC Rider modelling.

- Conduct valuation reviews and controls of assumptions and methodology.

- Collaborate on valuation implications and re-rate activities with various departments.

- Guide and lead junior team members on valuation projects

Required Qualifications:

- FSA / FCIA (or close to attaining FSA/FCIA).

- In-depth knowledge of IFRS17 actuarial principles.

- Prior valuation exposure and/or familiarity is an asset.

- Highly developed analytical and problem-solving skills, preferably with exposure to AXIS.

- Strong communication and interpersonal skills.

Preferred Qualifications:

- Experience in producing quarterly IFRS reserves and analysis.

- Expertise in enhancing valuation tools and methodologies.

- Background in supporting valuation projects.

- Ability to conduct thorough valuation reviews and controls.

- Collaborative mindset with a strong desire to work across functional teams.

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 [email protected].

Toronto, OntarioHybrid

Salary range is expected to be between

$84,375.00 CAD - $151,875.00 CAD

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.