Non-Par Line Actuary

Opportunity

Reporting to the NonPar Valuation Actuary the NonPar Trad and Living Benefits Line Actuary is responsible for directing the activities of nine actuarial staff within the ASSC and Line Actuary is responsible for the actuarial reserves of the Traditional Life Performax Gold Critical Illness and Disability lines of business the preparation and explanation of quarterly drivers of earnings (DOE) package oversight of all related modeling activities and providing actuarial advisory support for the Retail business. The incumbent will possess the ability to work with people at all levels of the organization and manage conflicting stakeholder priorities. The Actuary will be responsible for leading a highly engaged team of actuarial professionals challenging team members to step outside their comfort zone and embrace new processes and technologies.

How will you create impact

The NonPar Trad line actuary fulfills a critical role in ensuring the integrity of Cdn segment reserves and required capital calculations preparing and explaining the drivers of quarterly earnings including policyholder experience and collaborating with peers in Pricing and inforce optimization to develop and implement value generating business initiatives.

Key Accountabilities:

• Oversight of the preparation and explanation of quarterly driver of earnings for Trad PGold CI and DI lines of business
• Oversight of IFRS 17 reserve calculations
• Oversight of quarterly LICAT insurance risk and interest rate risk calculations
• Provides valueadded clear and concise analysis and commentary on reserve and capital results to Valuation Actuary
• Prioritizes the work of the team to meet client needs and company initiatives.
• Guides quarterly and annual financial reporting/disclosures of actuarial results such as sensitivities client reporting Appointed Actuarys Report
• Provide expert opinion on experience monitoring/studies
• Oversight of basis changes related to NonPar Trad and Living Benefits
• Actively participates on project teams regarding pricing new products and inforce initiatives
• Manages the timely delivery of comprehensive and professional work products to satisfy the actuarial modelling requests of actuarial business partners
• Plays a key role as part of the ASSC leadership team in the achievement of ASSC projects the goals of process improvement and best practices in valuation reporting
• Builds relationships and establishes a high level of credibility with Actuarial management across the Canadian Division particularly Business Unit CFOs their teams and the VP & Chief Actuary

Leadership and Team Development:

• Provides strong proactive leadership to a team of highly engaged actuarial professionals. Allocates and monitors work of the team to ensure accurate and timely completion of assignments
• Makes decisions regarding employment compensation performance appraisals training and development
• Cultivates an innovative environment by supporting creativity and high performance teamwork
• Develop coach and mentor junior team members in a way that is meaningful to them

What we are looking for

• Results oriented able to manage expectations work under tight deadlines and manage competing priorities
• Actuarial designation (FSA FCIA ASA) with 7 years of relevant experience in roles of progressive responsibility
• Demonstrates advanced knowledge regarding technical aspects of work; able to review data or results for reasonability and identify root causes and drivers of results
• Selfstarter with the ability to work independently particularly in the area of using sound independent judgment problemsolving and analytical skills
• Remains calm and controlled in pressured and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles
• Strong interpersonal skills with the ability to collaborate negotiate and influence effectively
• Excellent customer focus and commitment to quality
• Demonstrated leadership talents in coaching and motivating staff to achieve objectives
• Strong business acumen with ability to communicate complex actuarial concepts and results in a clear concise easy to understand manner

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 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 pregnancyrelated 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 .

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