Assistant Actuarial Manager

The customer is the focus of everything we do, and millions of end users rely on our products and services daily. We believe in the value of empowering our Assistant Actuarial Manager / with the resources to enhance and achieve our business performance objectives for the future of our business, which is why we need you.

This is a pivotal role in bringing our IFRS 17 reporting practice to new heights. Specifically, this role will lead a group of actuarial students / junior actuaries in delivering IFRS 17 reporting requirements, including but not limited to reserves, Drivers of Earnings analysis, Contractual Service Margin (CSM) and New Business CSM analysis, and other Group requirements for the assigned lines of businesses. We would also expect the role to ever-improve efficiency and effectiveness in financial results production, leveraging technologies and extensive support from various internal parties / Group and Regional offices.

Position Responsibilities:

• Work with a team of actuarial students / junior actuaries to deliver IFRS 17 reporting requirements, including but not limited to reserves, Drivers of Earnings analysis, Contractual Service Margin (CSM) and New Business CSM analysis, and other Group requirements for the assigned lines of businesses.
• Cooperate with other teams under the Hong Kong Chief Actuary’s leadership, as well as departments of the larger Manulife IFRS 17 community (such as the Valuation Shared Service Center, as well as Group and Regional offices), to (1) maintain valuation models up to external / internal audit and control requirements, (2) deliver process optimization initiatives to improve efficiency and effectiveness in financial results production, and (3) assist in other IFRS 17 / related requirements to support Manulife Hong Kong’s business strategy where appropriate.

Required Qualifications:

• Degree holder with reasonable progress towards attainment of professional actuarial qualifications.
• Solid actuarial knowledge and experience in valuation, financial reporting, and/or product pricing. Experience in IFRS 17 in / for a direct life insurer is a plus.
• 4-5 years of relevant working experience in insurance industry.
• Strong analytical and problem-solving skills with demonstrated ability to work with complex financial issues and concepts, paying attention to details.
• Strong technical/modeling skills, knowledge or experience in Microsoft Access, VBA, Python, PowerBI, Qlik and/or AXIS is an asset
• Both an effective individual contributor and team player, and able to deliver results under pressure and deadlines.
• Good communication and relationship skills.
• Effective command of English, both spoken and written.
• Candidates considering the role of Actuarial Manager should also possess leadership, project / stakeholder management and coordination skills, as well as willing and able to lead, encourage, support and develop more junior colleagues.

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 [email protected].

Working Arrangement