We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. 

Hybrid

Job Description

The Opportunity

The customer is the focus of everything we do, and millions of end users rely on our products and services daily. We believe in the value of empowering our Actuarial Assistant Managers/Managers/Senior Managers/Associate Directors with the resources to enhance and achieve our business performance objectives for the future of our business, which is why we need you. 

 

This is a pivotal role in bringing our IFRS 17 reporting practice to new heights.  Specifically, this role will lead a group of actuarial students / junior actuaries in delivering IFRS 17 reporting requirements, including but not limited to reserves, Drivers of Earnings analysis, Contractual Service Margin (CSM) and New Business CSM analysis, and other Group requirements for the assigned lines of businesses.  We would also expect the role to ever-improve efficiency and effectiveness in financial results production, leveraging technologies and extensive support from various internal parties / Group and Regional offices.

 

What motivates you?  

·        You obsess about customers, listen, engage and act for their benefit 

·        You think big, with curiosity to discover ways to use your agile mindset and enable business outcomes 

·        You thrive in teams, and enjoy getting things done together

·        You take ownership and build solutions, focusing on what matters 

·        You do what is right, work with integrity and speak up

·        You share your humanity, helping us build a diverse and inclusive work environment for everyone 

We are looking for someone with:

·        Degree holder with reasonable progress towards attainment of professional actuarial qualifications.

·        Solid actuarial knowledge and experience in valuation, financial reporting, and/or product pricing.  Experience in IFRS 17 in / for a direct life insurer is a plus.

·        3-5 years of relevant working experience in insurance industry. 

·        Strong analytical and problem-solving skills with demonstrated ability to work with complex financial issues and concepts, paying attention to details.

·        Strong technical/modeling skills, knowledge or experience in Microsoft Access, VBA, Python, PowerBI, Qlik and/or AXIS is an asset

·        Both an effective individual contributor and team player, and able to deliver results under pressure and deadlines.

·        Good communication and relationship skills.

·        Effective command of English, both spoken and written.

·        Candidates considering the role of Actuarial Manager should also possess leadership, project / stakeholder management and coordination skills, as well as willing and able to lead, encourage, support and develop more junior colleagues.

 

On the job you will:

·        Work with a team of actuarial students / junior actuaries to deliver IFRS 17 reporting requirements, including but not limited to reserves, Drivers of Earnings analysis, Contractual Service Margin (CSM) and New Business CSM analysis, and other Group requirements for the assigned lines of businesses.

·        Cooperate with other teams under the Hong Kong Chief Actuary’s leadership, as well as departments of the larger Manulife IFRS 17 community (such as the Valuation Shared Service Center, as well as Group and Regional offices), to
(1) maintain valuation models up to external / internal audit and control requirements,
(2) deliver process optimization initiatives to improve efficiency and effectiveness in financial results production, and
(3) assist in other IFRS 17 / related requirements to support Manulife Hong Kong’s business strategy where appropriate.

·        For Actuarial Managers, lead and coach junior staff members to deliver the above requirements and to support their development.

 

Our commitment to you:

·        Our mission; to be a part of making Decisions Easier and Lives Better

·        A leadership team dedicated to your growth and success 

·        A bold ambition and set of goals to be a leader in driving transformation in our industry 

·        Our best. Every day

 

Learn more about opportunities with us at jobs.manulife.com    

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

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].