AVP and Actuary, Pricing

Manulife

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profile Job Location:

Boston, NH - USA

profile Monthly Salary: Not Disclosed
Posted on: 16 hours ago
Vacancies: 1 Vacancy

Job Summary

The successful candidate will provide decision-making and leadership across a broad portfolio of pricing projects centered around the feasibility design modeling and reporting of complex insurance products and riders. This role requires balancing business unit marketing objectives with financial goals. Adaptability to rapidly changing internal and external environments will be a key challenge.

Key Responsibilities:

  • Lead develop and motivate a team of diverse professionals that manage the development and launch of life and annuity products.
  • Ensure product initiatives meetmarketing profitability and risk management goals while aligning with corporate guidelines and regulatory environment.
  • Member of the US Pricing leadership team responsible for coaching directing enabling and developing a large hard-working and highly engaged team of diverse actuaries and actuarial students.
  • Collaborate with a second-line risk oversight team to ensure strategic direction is aligned with corporate risk appetite.
  • Coordinate product development and pricing deliverables with highly specialized functional actuarial teams with deep expertise in rate making modeling controls / governance and assumption development.
  • Performing preliminary research and development and feasibility analysis to help prioritize potential critical initiatives.
  • Responsible for additional projects related to the departments strategic objectives.

How will you create impact

This successful candidate will use their expertise in this Life pricing to bring new products to market. This role will report to the AVP & Pricing Officer US Insurance.

What motivates you

  • You obsess about customers listen engage and act for their benefit.
  • You think big with curiosity to discover ways to use your agile approach and enable business outcomes.
  • You thrive in teams and enjoy getting things done together.
  • You take ownership and build solutions focusing on what matters.
  • You do what is right work with integrity and speak up.
  • You share your humanity helping us build a diverse and inclusive work environment for everyone.

What we are looking for

  • Fellow of the Society of Actuaries (FSA) or equivalent
  • 8 years of actuarial experience in the Life Insurance industry.
  • 2 years of experience of life insurance pricing or product development.
  • Creativity and passion for innovation.
  • In depth knowledge of US Stat valuation and the regulatory environment for Life Insurance products.
  • Knowledge of investment and hedging concepts of indexed products.
  • Familiarity with actuarial modeling software. Direct experience with Moodys Axis preferred.
  • Excellent analytical and creative problem-solving ability combined with very strong technical actuarialskills.
  • Risk management focus with ability to see beyond traditional measures and identify emergingissues.
  • Ability to respond to changing demands from multiple partners and prioritize needs andresults while working under deadline pressure.

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 partners and has a positive social and environmental impact.

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-JH

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

Boston Massachusetts

Working Arrangement

Hybrid

Salary range is expected to be between

$156700.00 USD - $290900.00 USD

Employees 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/John Hancock 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/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays 3 personal days 150 hours of vacation and 40 hours of sick time (or more where required by law) each year and we offer the full range of statutory leaves of absence.

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.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify

Company: John Hancock Life Insurance Company (U.S.A.)
The successful candidate will provide decision-making and leadership across a broad portfolio of pricing projects centered around the feasibility design modeling and reporting of complex insurance products and riders. This role requires balancing business unit marketing objectives with financial goa...
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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.

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