VP Actuarial Innovation
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Job Location:
Monthly Salary:
Posted on:
4 days ago
Vacancies:
1 Vacancy
Job Summary
Reporting to the Head of Regulatory Capital and Actuarial Shared Service Centres the VP Actuarial Innovation will be responsible for setting and delivering on bold ambitions to adapt the global actuarial function within Manulife. The incumbent will work across the actuarial function to ensure democratization of data consistent tools across the globe
and improved efficiency including sensitivity and stress testing.
Under the VPs leadership AI will be integrated into all the actuarial processes to improve efficiency and decision-making.
Position Responsibilities:
Develop a vision for the global actuarial function that incorporates AI into everything we do.
Execute on a roadmap to take us from current state to the future vision of the actuarial function between now and 2028.
Determine resource needs (people and budget) to meet the future vision collaborate with senior management to secure those resources and execute on time and on budget.
Lead key initiatives including (but are not limited to):
Establishing one common set of global tools for all experience monitoring and experience studies using a common source of data enabled by AI.
Implementing efficient cost-effective processes for what-if scenarios that support financial disclosures assumption setting ALM forecasting/planning and stress testing enabled by AI.
Shortening the system change management cycle to improve efficiency and better analysis.
General process/consistency improvements to rationalize reports align with finance transformation and improve efficiency
Developing an actuarial AI community that supports continuous learning and development with AI Actuaries being deployed throughout the business.
People change management associated with the transformation.
Required Qualifications:
FSA/FCIA with 10 years of experience in actuarial roles of increasing responsibility ; direct IFRS valuation experience is essential.
Proven leadership skills with the ability to lead/influence individuals without direct reporting relationships. Excellent interpersonal skills and a strong team-oriented approach.
Demonstrated ability to operate at both strategic and detailed levels.
Curious mindset; challenges the status quo; track record of setting bold ambitions and delivering results.
Detail-oriented with the ability to learn new concepts quickly.
Strong ability to communicate technical and non-technical issues to a wide variety of audiences.
Ability to work under pressure and manage multiple projects simultaneously.
Excellent general knowledge of Manulife systems related to financial reporting and modeling.
Decisive and results-oriented.
Bilingualism (English and French) is an asset. If the successful candidate is in Québec proficiency in both languages will be required to support clients from various provinces outside of Quebec.
The role being advertised is an existing vacancy.
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
$175700.00 CAD - $326000.00 CADEmployees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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. If you are applying for this role outside of the primary location please contact for the salary range for your location.
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.
We use data and analytics technologies such as artificial intelligence (AI) and automated processing tools to analyze and process the information you provide to us or third parties in the application process. For more information please refer to our personal information collection statement.
Required Experience:
Exec
Key Skills
About Company
Manulife is a leading financial services group. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions.
