Actuarial Director

Manulife is a leading international financial services provider, helping people make decisions easier and lives better. Help shape the future you want to see — and discover that better can take you anywhere you want to go.

JOB DESCRIPTION

The Director Actuarial has an advanced knowledge of the business and serves as primary reviewer of all work. The Director also has oversight responsibility, outlining work and tasks, serving as support, recommending process improvements, and assessing adequacy of work. Experienced FSA with deep subject matter expertise, accountable for managing a team and supporting pricing, product, valuation, modeling, or risk/finance functions within a business area. Acts as a mentor/coach to Actuary Students and Actuary.

People Leader Role: No

Responsibilities :
• Supports a specialization function within a business area
• Responsible for process quality, deliverables, efficiencies, timing, and overall team management
• Key contributor to strategic business area decisions Valuation:
• Assist in the production of stochastically modeled reserves.
• Capital reporting and analysis.
• Source of earnings analysis.
• Forecasting of statutory net income required capital.
• Provide actuarial support to both Marketing and Administrative areas.
• Lead/participate in ad hoc projects as necessary (e.g. innovation, tax, infrastructure, etc.)
• Understand department deliverables and organize own work to achieve results
• Understand implications of results and recommend next steps
• Consider cause and effect relationships, i.e. the impact of changes in different variables on the end results.
• Apply intuition regarding expected results of model and hypothesize causes when results are unexpected
• Drive significant changes to improvement within the department by obtaining key management buy in
• Proactively shares new ideas, best practices, and expertise with peers, members of department, and management.
• Leads major projects within department. May actively participate in cross-functional projects and initiatives within BU or Division.
• Welcomes diverse perspectives to ensure that the best solution is reached. Leverages unique talents of others.

Requirements:
• Bachelor’s degree
• Minimum 5 years’ experience preferred
• Fellow of the Society of Actuaries or equivalent
• Team player and self-starter
• High energy and drive, results oriented
• Developing strong analytical and problem-solving skills, emerging ability to think “outside the box”
• Communication
• Analytical, Problem Solving and Decision-Making Skills
• Technical Abilities/Actuarial Financial & Risk Management Decision Authorities:
• Development of staff within the area of (through coaching and mentoring)
• Accountable for the management of projects (start to finish) and for the accuracy of work produced by other actuarial teams.
• Autonomy to assign and reassign resources as need be on projects Influences business decisions through sound actuarial financial analysis and advisory aspect to senior leaders
• Performs complex financial analysis without guidance of leader or others Working Conditions:
• Minimal travel

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.

This job description is not a comprehensive listing of all job duties required for this role. We reserve the right to change these duties or assign additional duties at any time with or without notice

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.