Senior Actuarial Associate , IFRS 17 Financial Analysis

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.

Job Description

As a member of IFRS 17 Policy and Financial Analysis Team, this position provides oversight and analysis on Manulife's IFRS 17 results, including the financial reporting, financial notes, various disclosures and presentations. The incumbent will develop a strong understanding of the current standard for IFRS 17, work collaboratively with various areas to assess the financial and business implications of the new standards.

The position provides the meaningful opportunity for collaborating with other areas of Group Finance as well as various business divisions of Manulife, and for gaining an understanding of the many types of business and operating environments across the company.

Responsibilities:

• Coordinate the financial reporting and Drivers of Earnings at Manulife. This involves supporting earnings review meetings, analyzing results, and following up on areas where further investigation is needed.

• Help inform other parties of the financial results and their implications, such as communicating with investor relations, inforce management, ALM, and risk management.

• Provide support and collaborate with the segments as they complete their results. Follow-up and investigate their questions to provide guidance where needed

• Complete projects as needed to improve our ability to explain the financial results, or improve our disclosures

• Help maintain and improve Corporate Valuation Standards

• Provide support on audit requests, such as quarterly reserve rollforward analysis

Knowledge/Skills/Proficiencies/Education:

• Fellow of Society of Actuaries, or Associate with equivalent experience

• Detailed oriented with ability to learn new concepts and their application quickly

• Strong modelling and analytical capabilities

• Strong written communication skills (Word and PowerPoint)

• Flexibility to manage multiple and competing priorities

• Ability to communicate clearly and concisely when presenting technical issues, options, and recommendations to management.

• Ability to work on cross-functional teams - proven ability to build relationships and influence others.

What can we offer?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging pursuit of passions and learning of new skills!
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.

Our commitment

• Values-first culture!
  We lead with our Values every day and bring them to life together.
• Boundless opportunity
  We create opportunities to learn and grow at every stage of your career.
• Continuous innovation
  We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion
  We foster an inclusive environment where everyone thrives.
• Championing Corporate Citizenship
  We build a business that benefits all partners and has a positive social and environmental impact.

#LI-Hybrid

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 recruitment@manulife.com.

The annual base salary for this role is listed below.

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com 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 recruitment@manulife.com for more information about U.S.-specific paid time off provisions.