Actuarial (Reinsurance) Intern

Posted:
9/29/2024, 7:26:15 PM

Experience Level(s):
Internship

Field(s):
Finance & Banking

About Us

Manulife is dedicated to fostering a culture of growth, innovation, and excellence. We are seeking a dynamic and detail-oriented Actuarial (Reinsurance) Intern to join our Actuarial team. The Reinsurance Management team resides in the Actuarial Department and is accountable for the overall management of reinsurance arrangements and operations across the organization.

This internship provides an excellent opportunity for hands-on experience, allowing the individual to develop a deep and holistic understanding of reinsurance and how it creates value for the business. The role will also support reinsurance operations and collaborate with various stakeholders in the company as well as our affiliated vendors in regional offices to deliver quality reinsurance arrangements and administration.

Key Responsibilities:

Deliver Reinsurance Reports:

  • Ensure smooth and timely submissions of reinsurance reports.

Support Implementation:

  • Assist in the integration of new reinsurance arrangements into the administration system.

Perform Sampling Checks:

  • Conduct sampling checks on reinsurance transactions to ensure accuracy and compliance.

Individual Accountabilities:

  • Provide assistance to various reinsurance-related projects and reporting processes.

  • Coordinate with related stakeholders to facilitate progress and ensure project completion.

Key Shared Accountabilities:

Overseeing the enhancement and development of the reinsurance (RI) administration system. Reviewing and managing in-force reinsurance treaties following best practices. Provide accurate and timely regulatory and management reporting.

Qualifications and Requirements:

  • Currently enrolled in a Bachelor’s program majoring in Finance, Accounting, or Actuarial Science

  • Able to commit for at least 6 months from December 2024. Those who are able to start earlier on part time basis are also welcomed.

  • Strong prioritization skills and a solution-seeking mindset.

  • Excellent communication and interpersonal skills.

  • Proficiency in MS Excel, SQL, and Access.

Why Join Us:

  • Gain hands-on experience in reinsurance operations and administration.

  • Collaborate with a diverse team of professionals in a supportive and innovative environment.

  • Develop a comprehensive understanding of reinsurance and its value to the business.

  • Opportunity for professional growth and development.

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].

Working Arrangement

Hybrid