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Manulife · 1 week ago

Senior Actuarial Associate, US IFRS Valuation Reporting

Boston, Massachusetts

Full-time

Hybrid

Mid, Senior Level

CAD$93K/yr - CAD$143K/yr

3+ years exp

Manulife is a leading international financial services provider, helping people make their decisions easier and lives better. The Senior Actuarial Associate role involves supporting financial reporting under IFRS17, calculating and analyzing reserves, and communicating technical concepts to various stakeholders.

FinanceFinancial ExchangesFinancial Services

Responsibilities

Play a central role in quarter-end earnings and reserves

Maintain the current process of a robust IFRS17 Drivers of Earnings, Reserve Movement Analysis and Risk Integrity, and enhance efficiency where applicable

Support the valuation reviews and controls of assumptions as part of the annual and off-cycle process

Work closely with Line Actuaries in reviewing, enhancing, and streamlining valuation methodology and processes while also ensuring that valuation is being performed in compliance with applicable internal guidelines and actuarial standards

Assist in required capital analysis and support reporting under LICAT

Participate to various reporting deliverables to Group Functions and other stakeholders (e.g. Appointed Actuary's Report, Basis Change, Reserve Sensitivities etc.)

Collaborate with primary stakeholder teams such as Liability Modeling Team, Accounting, IT, Inforce Management, Pricing, Group, Senior Management, Risk Management

Assist with potential in-force optimization projects

Assist with ad hoc management requests

Continuously improving and refining valuation processes through streamlining spreadsheets, simplifying calculations and automating deliverables (e.g. developing new tools with Python, Power BI, SQL or Qlikview queries)

Qualification

IFRS17Actuarial ValuationCapital AnalysisPythonPower BISQLAnalytical SkillsFSA/FCIA designationExcelLife UL productsDetail-orientedProblem-solvingCommunication SkillsCollaborationAdaptability

Required

Detail-oriented, excellent analytical and problem-solving skills

Proactive, self-directed, and able to work independently

Strong verbal and written communication skills, ability to communicate technical concepts to a wide audience

Ability to work collaboratively with individuals from various areas

Adaptability and willingness to be flexible in a relatively new and ever-changing IFRS17 environment

Actively working towards an FSA/FCIA designation

3+ years of experience working within an Actuarial/Finance area

Preferred

Knowledge of Life UL products and Financial Reporting is an asset

Strong Excel skills, with exposure to AXIS preferred

Benefits

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

Various retirement savings plans (including pension and a global share ownership plan with employer matching contributions)

Financial education and counseling resources

Generous paid time off program in Canada includes holidays, vacation, personal, and sick days

Full range of statutory leaves of absence