What are the responsibilities and job description for the Fixed Products Line Actuary, IFRS Valuation position at Manulife and John Hancock?
Position Summary :
Join Manulife, a leading international financial services provider, as we work towards a future where decisions are easier and lives are better. As the Fixed Products Line Actuary within the IFRS Valuation team, you will be responsible for the valuation, earnings analysis, and reporting activities for US fixed annuity products. This role offers the opportunity to present to management and collaborate with experienced actuarial, data system and accounting professionals. You will also lead a small team of student actuaries, providing coaching and development opportunities in a dynamic business and financial reporting environment.
Position Responsibilities :
- Produce quarterly IFRS reserves and analysis on fixed annuity products, including Driver of Earnings, contributing to a robust RMA / DOE framework.
- Lead valuation solutions and provide expertise to support the development of new annuity products and implementation of valuation bases.
- Enhance IFRS17 valuation and reporting tools, methodologies, and processes, ensuring compliance with internal guidelines and actuarial standards.
- Conduct valuation reviews and control assumptions and methodology as part of the tri-annual and off-cycle basis change process.
- Lead LICAT cash-flow review and reporting.
- Perform routine and ad-hoc valuation deliverables for Group Functions and other stakeholders (e.g., Appointed Actuary's Report, Reserve sensitivities, inforce optimization projects).
- Lead and mentor student actuaries, providing coaching and development opportunities.
- Develop strong relationships with various departments and stakeholders.
Required Qualifications :
Preferred Qualifications :
When You Join Our Team :
LI-Hybrid
LI-JH
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 https : / / www.manulife.com / en / about / our-story.html.
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.
Primary Location
Boston, Massachusetts
Working Arrangement
Hybrid
Salary range is expected to be between
120,750.00 USD - $217,350.00 USD
If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. 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. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
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.
Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency
Company : John Hancock Life Insurance Company (U.S.A.)
Salary : $120,750 - $217,350
