Manager, LICAT System, Group Capital Management

Reporting to the AVP & Actuary Capital Management the position will initially focus on supporting a high-profile System Redesign Project to enhance Manulifes Life Insurance Capital Adequacy Test (LICAT) system. Over time the role will evolve to take on broader leadership responsibilities as the primary business lead for the LICAT system in 2026. The LICAT system is acomplex and business-critical platform requiring strong analytical skills and close coordination with IT and business stakeholders to ensure its continued reliability and adaptability.

Capital Management part of the Actuarial function oversees the companys global capital policy and collaboration with key business partners the team ensures the company maintains a strong LICAT capital position and meets regulatory rating agency and internal expectations. Responsibilities include Canadian capital regulatory filings to OSFI and senior management reporting on various aspects of capital.

Position Responsibilities:

• Perform user acceptance tests on the functionalities in scope of the System Redesign Project
• Collaborate with IT developers and business users to clarify system requirements for the System Redesign Project
• Support quarterly production of the Interest Rate Risk Base Solvency Buffer including review of business unit submissions analysis of results and resolution of system issues
• Oversee the LICAT systems performance during quarter-end to ensure smooth data flow and timely regulatory reporting
• Ensure business controls are appropriately adapted to system changes and respond to requests from internal and external auditors
• Act as the primary liaison between Capital Management and IT teams for LICAT system maintenance bug fixes and future enhancements as business needs and OSFIs LICAT requirements evolve
• Partner with IT and business stakeholders to develop innovative solutions that further automate Capital Managements production process

Required Qualifications:

• Strong analytical and problem-solving skills
• Excellent communication skills with the ability to translate technical concepts for diverse audiences
• Attention to detail and accuracy especially when managing large amounts of information
• Effective time management and ability to deliver high quality results under tight deadlines
• Sound professional judgement and a proactive mindset for identifying efficiency opportunities
• Proven collaboration skills within/across teams and functions
• Experience representing business needs in technical discussions with IT partners

Preferred Qualifications:

• Familiarity with Microsoft Access Excel SQL queries AXIS PowerBI and QlikView is an asset
• Actuarial designation (ACIA / ASA) and familiarity with LICAT are beneficial

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 .

Referenced Salary Location

Salary range is expected to be between

If 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.