Valuation Senior Actuarial Associate
Valuation Senior Actuarial Associate
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Job Description
The Canadian ASSC Group Benefits (GB) Valuation team is responsible for the reserve and capital of the GB segment and provides ongoing support to the business. Thanks to the dynamic nature of GB there is a regular flow of stimulating initiatives such as inquiry related to the support of clients reporting of earnings and Basis Change.
As part of the GB Valuation team you will have a lot of developmental opportunities such as increasing your knowledge of key aspects of group benefits (e.g. products financial arrangement IFRS 17 LICAT etc.) as well as your communication skills.
The role involves working closely with the GBs Valuation and Line Actuaries. You will also have the opportunity to collaborate with Pricing team the accountant finance team Group Finance Actuarial Group Capital Management and IS.
Key Responsibilities:
- Support the monthly/quarterly reporting process including partnering with the Business Unit Finance to explain financial results
- Support the Valuation and Line Actuaries regarding underwriting and pricing requests as well as special projects and business initiatives
- Support review of assumption/methodology of reserve
- Assist the Line Actuary with Basis Change impact review and ensure all Basis Changes and capital implications are well understood by partners
- Implement review AXIS modeling changes; perform ad-hoc modeling in GGY AXIS as required
What we are looking for
- Actuarial designation (ASA) with 2 years of proven experience in actuarial roles
- Post-secondary education in Math/Computer Science Actuarial Science or equivalent
- Demonstrates sophisticated knowledge regarding technical aspects of work; able to review data or results (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed
- Self-starter with the ability to work independently particularly in using sound independent judgment problem-solving 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 have strong influence
- Results oriented able to handle expectations work under tight deadlines and handle contending priorities
- Proficiency in GGY Axis
What can we offer you
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward encouraging you to follow your passions and learn 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 to you
- 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 workplace where everyone thrives. - Championing Corporate Citizenship
We build a business that benefits all stakeholders and has a positive social and environmental impact.
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 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 .
Referenced Salary Location
Toronto OntarioWorking Arrangement
Salary range is expected to be between
$69750.00 CAD - $116250.00 CADIf you are applying for this role outside of the primary location please contact 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 for more information about U.S.-specific paid time off provisions.
Required Experience:
Senior IC
Employment Type
Full-Time
