Actuarial Manager Local Reporting
7 months ago
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
**The opportunity**
This position is accountable for accurately and promptly developing, producing, and analyzing financial models and reports. These form the basis for assessing of the Company's solvency and financial condition. Additionally, the role also involves the production of key local regulatory submissions covering the valuation of assets, liabilities, and capital position.
**Responsibilities**
Local Statutory Reporting include RBC reserve, CAR reporting, and Board paper submission
- Support experience study and annual basis change
- Provide support on new product initiative including but limited to actuarial model review
- Stress Test and Financial Condition Report
- Perform annual review on internal target capital level and capital management plan
- Liaise with external and internal auditor
- Ensure compliance with internal policies as well as regulatory requirement
- Local Capital Plan
- Management of Participating and Universal Life Business
- Investment Strategy Review
- Management of Replacement of Policies
- Other regulatory submission Providing support for other actuarial related matters and ad-hoc projects from time to time
**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**
- Preferably 5-7 years relevant experience.
- Degree in Actuarial Science, Statistics, and Mathematics.
- Good progress in actuarial professional exams.
- Good time management and analytical skills.
- Good interpersonal skill.
**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
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