Actuarial Manager / Assistant Actuarial Manager / Actuarial Specialist
- Employer
- Manulife and John Hancock
- Location
- Mongkok, Hong Kong
- Salary
- Competitive
- Closing date
- Aug 2, 2024
View more categoriesView less categories
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.
Working Arrangement
Hybrid
Job Description
The Opportunity
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 Actuarial Manager / Assistant Actuarial Manager / Actuarial Specialist with the resources to enhance and achieve our business performance objectives for the future of our business, which is why we need you.
This pivotal role plays a crucial part in delivering accurate and timely financial and management reporting results for key external and internal stakeholders, while also uncovering valuable business insights to drive our financial success. The successful candidate will join a team of professional and energetic actuaries / actuarial students to deliver IFRS 17 reporting and business forecasting requirements, as well as enhancing efficiency and effectiveness of these financial results production processes, harnessing technology and collaborating extensively with various internal parties. From time to time, members of the team may also have the opportunity to contribute to projects in the wider reporting team, such as support to Embedded Value / NBV Reporting under HKRBC basis.
What motivates you?
We are looking for someone with:
On the job you will:
Our commitment to you:
Learn more about opportunities with us at jobs.manulife.com
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.
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
Job Description
The Opportunity
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 Actuarial Manager / Assistant Actuarial Manager / Actuarial Specialist with the resources to enhance and achieve our business performance objectives for the future of our business, which is why we need you.
This pivotal role plays a crucial part in delivering accurate and timely financial and management reporting results for key external and internal stakeholders, while also uncovering valuable business insights to drive our financial success. The successful candidate will join a team of professional and energetic actuaries / actuarial students to deliver IFRS 17 reporting and business forecasting requirements, as well as enhancing efficiency and effectiveness of these financial results production processes, harnessing technology and collaborating extensively with various internal parties. From time to time, members of the team may also have the opportunity to contribute to projects in the wider reporting team, such as support to Embedded Value / NBV Reporting under HKRBC basis.
What motivates you?
- You obsess about customers, listen, engage and act for their benefit
- You think big, with curiosity to discover ways to use your agile mindset and enable business outcomes
- You thrive in teams, and enjoy getting things done together
- You take ownership and build solutions, focusing on what matters
- You do what is right, work with integrity and speak up
- You share your humanity, helping us build a diverse and inclusive work environment for everyone
We are looking for someone with:
- 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.
- 2-5 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.
On the job you will:
- 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. - When given the opportunity, contribute to projects in the wider reporting team, such as support to Embedded Value / NBV Reporting under HKRBC basis.
- For Actuarial Managers, lead and coach junior staff members to deliver the above requirements and to support their development.
Our commitment to you:
- Our mission; to be a part of making Decisions Easier and Lives Better
- A leadership team dedicated to your growth and success
- A bold ambition and set of goals to be a leader in driving transformation in our industry
- Our best. Every day
Learn more about opportunities with us at jobs.manulife.com
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.
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.
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