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Senior Manager, Actuarial Pricing

The Sr. Manager, Actuarial Pricing role is responsible for pricing, feasibility testing and reviewing of product initiatives that are in line with the company’s overall strategy. He/she will prepare and review documents and regulatory requirements to secure the necessary product approvals. He/she will also provide support in implementation and execution of these product initiatives. In addition, he/she will provide technical support to client and distributor service requests, campaigns and partnerships, and project feasibility studies and business cases. He/she will work closely with internal parties such as Finance, IT, Marketing, Legal, Operations and Distribution teams

Position Responsibilities:

Pricing

  • Pricing, feasibility testing and reviewing of product initiatives that are in line with the company’s strategy.
  • Reviewing of gating documents and regulatory requirements to secure the necessary product approvals.
  • Implementation and execution of product initiatives by ensuring system and operational readiness thru user acceptance testing and technical support.

Technical Support

  • Provide technical support to client and distributor service requests, campaigns and partnerships, and project feasibility studies and business cases.
  • Work with internal parties such as Finance, IT, Marketing, Legal, Operations and Distribution teams.

Required Qualifications:

  • Graduate of bachelor’s degree in Mathematics or Statistics Strong analytical, communication, relationship, and time management skills
  • Personal qualities of integrity, credibility and strong work ethic
  • Proficient in Microsoft Office
  • Associate of the Actuarial Society of the Philippines / Society of Actuaries

When you join our team:

  • We’ll empower you to learn and grow the career you want.

  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

  • As part of our global team, we’ll support you in shaping the future you want to see.

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.

Working Arrangement

Hybrid

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Manager, Actuarial Pricing, Manulife

Are you ready to take your career to the next level? Join Manulife as a Senior Manager, Actuarial Pricing in the vibrant Makati City! In this role, you'll be at the forefront of pricing and feasibility testing for exciting product initiatives that align with our overall strategy. Your expertise will play a critical role as you prepare and review essential documents and regulatory requirements to secure product approvals while providing invaluable support during implementation. Collaborating with diverse teams across Finance, IT, Marketing, Legal, and Operations, you’ll ensure our product initiatives are not only well-received but also successfully executed. This position is perfect for someone with a strong analytical background and exceptional communication skills who thrives in a dynamic environment. Plus, we’re committed to fostering your professional growth and ensuring a balanced work-life experience. So, if you’re passionate about actuarial pricing and looking for an environment that values integrity, inclusivity, and personal development, Manulife is the place for you. Let’s shape the future together and make lives better through our innovative financial services!

Frequently Asked Questions (FAQs) for Senior Manager, Actuarial Pricing Role at Manulife
What are the main responsibilities of a Senior Manager, Actuarial Pricing at Manulife?

As a Senior Manager, Actuarial Pricing at Manulife, you will be responsible for pricing and feasibility testing of product initiatives that align with our strategic goals. This includes reviewing necessary documentation for product approvals, providing technical support for client and distributor requests, and collaborating with internal departments like Finance, IT, and Marketing to ensure a seamless implementation of new products.

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What qualifications do I need to become a Senior Manager, Actuarial Pricing at Manulife?

To qualify for the Senior Manager, Actuarial Pricing position at Manulife, candidates should hold a bachelor’s degree in Mathematics or Statistics. Strong analytical abilities, communication skills, relationship building, and time management capabilities are essential. Furthermore, being proficient in Microsoft Office and having an Associate membership with the Actuarial Society of the Philippines or the Society of Actuaries is also required.

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What is the working environment like for a Senior Manager, Actuarial Pricing at Manulife?

At Manulife, the working environment for a Senior Manager, Actuarial Pricing is hybrid, offering flexibility and a focus on employee well-being. We prioritize inclusivity and support professional growth, making it an exciting space to develop your skills and advance your career while collaborating with a diverse set of talented professionals.

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How does Manulife support the professional growth of a Senior Manager, Actuarial Pricing?

Manulife is dedicated to empowering its employees. As a Senior Manager, Actuarial Pricing, you will have access to continuous learning and development opportunities that allow you to advance your career. We encourage a culture of feedback and inclusivity, supporting you in achieving your professional goals while maintaining a healthy work-life balance.

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What type of teamwork can a Senior Manager, Actuarial Pricing expect at Manulife?

In the role of Senior Manager, Actuarial Pricing, you will engage in cross-functional teamwork at Manulife with departments such as Finance, IT, Marketing, and Legal. This collaboration fosters a holistic approach to product development and implementation, enriching your experience and helping you to hone your skills through diverse perspectives.

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Common Interview Questions for Senior Manager, Actuarial Pricing
Can you explain your experience with pricing and feasibility testing in your previous roles?

When addressing this question, highlight specific past experiences where you successfully performed pricing analyses or feasibility studies. Discuss the methodologies you used, the impacts of your work on product initiatives, and how your analytical insights contributed to strategic decisions.

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How do you handle regulatory requirements for product approvals?

It's important to showcase your understanding of regulatory environments. Discuss your experience in reviewing and preparing necessary documentation, emphasizing your attention to detail and the importance of complying with regulations to secure timely approvals.

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Describe a time when you collaborated with cross-functional teams.

Share a specific example that demonstrates your ability to work effectively with various departments. Highlight roles and contributions that were key to successful outcomes, focusing on communication, problem-solving, and relationship-building skills.

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What are your key analytical skills, and how have you applied them in previous positions?

Identify particular analytical tools or techniques you are proficient in. Provide examples of how you've used these skills in your past roles to generate insights, drive decisions, or influence product pricing strategies, showcasing your critical thinking abilities.

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How do you prioritize tasks and manage time effectively in your work?

Discuss your approach to time management, using specific examples. Mention tools or methods you utilize to prioritize tasks and ensure that critical deadlines are met, especially in high-pressure scenarios common in actuarial work.

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How do you stay updated with industry trends and developments in actuarial pricing?

Detail the methods you use to stay informed, such as attending seminars, reading relevant publications, or engaging with professional organizations. Emphasize your commitment to lifelong learning and how it enhances your contributions as a Senior Manager, Actuarial Pricing.

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What software or tools are you proficient in relevant to actuarial pricing?

Be specific about your experience with actuarial software and data analysis tools. Highlight any certifications or training you've completed, discussing how these tools have aided your ability to perform your job effectively.

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How do you manage challenges when working on project feasibility studies?

Outline a step-by-step approach you take when conducting feasibility studies, discussing common challenges you've faced and how you've successfully overcome them. This shows your problem-solving capabilities and strategic thinking.

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In your opinion, what makes a successful actuarial product initiative?

Provide a thoughtful response that encompasses elements such as thorough market research, sound pricing strategy, effective communication, and strong teamwork. Relate this back to your experience and how you've succeeded in these areas.

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Why do you want to work for Manulife in the Senior Manager, Actuarial Pricing role?

Your response should reflect your alignment with Manulife's values and mission. Discuss how the role aligns with your career goals and how you can contribute to the company's success, showcasing your enthusiasm for both the position and the organization.

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Decisions made easier. Lives made better. We are on a transformational journey. We want to remove complexity from the financial services industry, to make people’s lives better by helping to make their decisions easier. Being part of this transfo...

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Full-time, hybrid
DATE POSTED
April 2, 2025

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