Head of Valuation, Global High Net Worth
Job Summary
Responsibilities:
Leadership
Establish a clear vision and direction for the Valuation function aligning team priorities with business objectives and evolving organizational needs.
Create an environment that promotes engagement accountability continuous improvement and high standards of professional excellence.
Build and lead a high-performing team by developing individual capabilities fostering collaboration and leveraging diverse perspectives and expertise.
Coach and develop team members through constructive feedback mentoring and development opportunities aligned with their strengths and career aspirations.
Develop organizational capability through effective talent management succession planning and active support of knowledge sharing and talent mobility across the broader actuarial and finance community.
Valuation and Financial Management
Lead the delivery of actuarial valuation and financial reporting activities ensuring results are accurate timely and consistent with Manulife standards and governance requirements.
Oversee reserve governance valuation methodologies key assumptions and actuarial analyses including Drivers of Earnings (DOE) and investigations into emerging experience.
Lead actuarial forecasting business planning and financial projections to support strategic planning and decision-making.
Provide meaningful insights into financial performance profitability and key business drivers through effective management reporting and analysis.
Establish and maintain robust actuarial controls processes and reporting frameworks while driving continuous improvement and operational efficiency.
Partner with Finance and business stakeholders to communicate financial results emerging trends risks and opportunities and support informed management decisions.
In-Force Business Management
Lead actuarial oversight and monitoring of in-force business performance including persistency claims experience and emerging policyholder behaviour.
Provide insights on key trends risks and performance drivers and support management actions to improve portfolio performance policyholder outcomes and long-term value creation.
Lead the monitoring and provide actuarial input into crediting rate cap rate and dividend scale balancing customer value competitiveness profitability and risk considerations.
Business Support Risk & Product Advisory
Partner with Finance Pricing Product Investments and business stakeholders to provide actuarial insights that support decision-making and strategic initiatives.
Assess the financial implications of business initiatives product enhancements pricing proposals and changing market conditions.
Provide actuarial expertise for strategic projects and business initiatives ensuring appropriate consideration of profitability risk customer outcomes and long-term value creation.
Support the evaluation of capital reinsurance investment and other initiatives where actuarial input is required.
Knowledge/Skills/Competencies/Education:
Fellow of an internationally recognized actuarial society (e.g. FSA FCIA FIAA FIA or equivalent)
At least 10 years of actuarial experience with a strong understanding of life insurance financial reporting valuation and business performance management.
Strong knowledge of IFRS 17 is preferred.
Excellent communication and presentation skills with the ability to translate complex actuarial and financial concepts into clear and actionable business insights
Strong financial and commercial acumen with the ability to translate technical actuarial insights into practical business outcomes.
Strong stakeholder management influencing and relationship-building skills with the ability to establish credibility and develop effective partnerships across local divisional and global levels.
Demonstrated leadership experience in building and developing high-performing teams managing competing priorities and delivering results in a resource-constrained environment.
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:
Director
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.