Senior Actuarial Associate, US IFRS Valuation Reporting

Are you looking for opportunities to grow and succeed An exciting opportunity is available to play a key role in supporting our financial reporting under IFRS17 and develop core actuarial valuation skills. Reporting to the US IFRS Actuary this Senior Actuarial Associate role will be involved in calculating and analyzing reserves and capitals driver of earnings policyholder experiences as well as communicating technical concepts to a wide audience including senior management. The experience this role offers would give a deeper understanding of some of Manulifes more sophisticated Life products and build working relationships with a large group of seasoned actuarial and accounting professionals and other various stakeholders in a challenging yet flexible and supportive environment.

Position Responsibilities

Reporting

• Play a central role in quarter-end earnings and reserves.

• Maintain the current process of a robust IFRS17 Drivers of Earnings Reserve Movement Analysis and Risk Integrity and enhance efficiency where applicable.

• Support the valuation reviews and controls of assumptions as part of the annual and off-cycle process.

• Work closely with Line Actuaries in reviewing enhancing and streamlining valuation methodology and processes while also ensuring that valuation is being performed in compliance with applicable internal guidelines and actuarial standards.

• Assist in required capital analysis and support reporting under LICAT

• Participate to various reporting deliverables to Group Functions and other stakeholders (e.g. Appointed Actuarys Report Basis Change Reserve Sensitivities etc.)

• Collaborate with primary stakeholder teams such as Liability Modeling Team Accounting IT Inforce Management Pricing Group Senior Management Risk Management.

Projects

• Assist with potential in-force optimization projects.

• Assist with ad hoc management requests.

• Continuously improving and refining valuation processes through streamlining spreadsheets simplifying calculations and automating deliverables (e.g. developing new tools with Python Power BI SQL or Qlikview queries)

Required Qualifications

• Detail-oriented excellent analytical and problem-solving skills.

• Proactive self-directed and able to work independently.

• Strong verbal and written communication skills ability to communicate technical concepts to a wide audience.

• Ability to work collaboratively with individuals from various areas.

• Adaptability and willingness to be flexible in a relatively new and ever-changing IFRS17 environment.

• Actively working towards an FSA/FCIA designation.

• 3 years of experience working within an Actuarial/Finance area

Preferred Qualifications

• Knowledge of Life UL products and Financial Reporting is an asset

• Strong Excel skills with exposure to AXIS preferred.

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.

#LI-Hybrid

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.