Assistant Manager, GHNW Actuarial Planning and Forecasting, Asia

1 month ago

Kuala Lumpur, Malaysia Manulife and John Hancock Full time
We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Working Arrangement

Hybrid

Job Description

The opportunity

The role of Assistant Manager, GHNW Planning and Forecasting includes preparing annual business plan, monthly forecast, Embedded Value reporting, and capital management. This role reports to the GHNW Chief Financial Officer.

Responsibilities

Business Plan and Financial Forecast
  • Work with FP&A team on annual business plan and monthly financial forecast exercises, to produce financial projections of earnings, CSM, capital position and new business value, including scenario analysis.
  • Prepare annual New Business Plan for products open to new business and new product profitability and risk analysis.
  • Monitor business performance against forecast and provide quality analysis with key drivers of business result to help drive company growth.
  • To assist management to engage relevant stakeholders and prepare relevant papers/ documents to drive business plan discussion and approval.


Capital Management
  • Prepare Local Capital Plan - local basis capital projections including available capital (split into local earnings, remittance/injection, and other operational capital), required capital, free surplus, Organic Capital Generation, and local solvency metric.
  • Prepare analysis of new business capital generation/consumption by product.
  • Develop and monitor capital strategies to optimize use of capital for support business growth and remittance.
  • Prepare annual capital Top Up/Top Down paper.
  • Provide the Local Capital Report (LCR), and 5 Quarter Forecast (Quarterly)


Embedded Value Reporting
  • Prepare Embedded Value reports
  • Optimize operational and governance framework to ensure activities are conducted effectively.


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
  • Education/Training - Bachelor's Degree in Actuarial
  • Experience - At least 5 years relevant experience and at least 2 years supervisory experience
  • Professional/Trade Qualification - preferably near attainment of Associateship or Fellowship
  • Strong leadership skill
  • Strong organizational, modelling, analytical and problem-solving skills
  • Strong written and verbal communication skills
  • Develop and maintain effective working relationships with internal stakeholders
  • Computer Proficiency - AXIS, Ms Office


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 stakeholders and has a positive social and environmental impact.


About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.

Manulife 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 recruitment@manulife.com.

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