Actuarial Supervisor
Actuarial Supervisor
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Supervisor Actuarial under the Local reporting team will conduct the reinsurance administration of the reinsurance treaties maintained by the company. He/she will work closely with internal parties such as Finance Products Investments Marketing Operations and Regional as well as external counterparts such as reinsurers auditors and the Insurance Commission.
Position Responsibilities:
- Prepare timely monthly and quarterly reports by coordinating with different teams (reinsurance SSC claims team local controllers and valuation team). This includes monthly/quarterly balance checking coordinating monthly/quarterly updates in the system requesting new accounting units and any issue-handling that may arise for the given reporting period.
- Prepare monthly/quarterly premium bordereaux and claims bordereaux per treaty. Confirm statement of accounts from reinsurers for settlements of premiums or collection of recoverables.
- Handle processing and monitoring quarterly settlements/collections per treaty in a timely manner. Review if the accounts are processed and are reclassed correctly per account.
- Coordinate the implementation of new treaties and addenda with different teams involved (products accounting reinsurance SSC and valuation team). Ensure that the new treaties and addenda are implemented in reinsurance system and in valuation system. This involves checking the availability of the fields in the bordereaux and spot-checking sample policies to ensure that the computed values are as expected.
- Prepare annual reinsurance report submissions for local regional auditors and insurance commissions.
- Help in other ad-hoc tasks as needed. This includes process improvements within the team creation of reinsurance premium calculators preparation of new reinsurance reports etc.
Required Qualifications:
- Graduate of bachelors degree in Mathematics Statistics or Accountancy
- Strong analytical communication relationship and time management skills
- Personal qualities of integrity credibility and strong work ethic
- Proficient in Microsoft Office
When you join our team:
Well empower you to learn and grow the career you want.
Well recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team well support you in shaping the future you want to see.
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 .
Working Arrangement
Required Experience:
Manager
Employment Type
Full-Time
