Actuarial Associate, US IFRS Projects

An exciting opportunity is available to play a key role in supporting our financial reporting under IFRS
17. Reporting to the US IFRS Projects Actuary, this Associate Actuary role will provide an ideal opportunity to define solutions with respect of IFRS
17 valuation and reporting, to gain deep understanding of some of Manulife’s most sophisticated products, and to work with a large group of seasoned actuarial and accounting professionals. It is an opportunity to build relationships with different stakeholders and engage in challenging work in a flexible and supportive environment.

The position provides opportunities for interacting across the organization, with management and peers in US Finance, US Insurance, US Actuarial Shared Services and Group Actuarial functions in fulfilling the mandate.

• Support the research and investigations on given projects. This includes understanding the problem and implications on key stakeholders, produce analysis, develop solutions, present recommendations, and support implementation.

• Drive key projects in developing strong capabilities to understand and explain our earnings under IFRS
  17 particularly for UL, VUL and IUL products, robust controls in our reserves and minimizing unexplained movements, and continue to review reserving on new business. DOE Automation will be a key focus.

• Support valuation solutions to streamline the reporting process, provide actuarial expertise.

• Support the development of tools and methods that streamline processes and reduce manual work, limit errors, and provide actuarial expertise.

• Build thought leadership, provide training and create training material to support team education on valuation topics, incl. on-the-job training to the valuation team.

• Work closely with line actuaries and collaborate with other professionals such as modeling, pricing, accounting, group actuarial functions, inforce management, NAIC valuation and others.

• FSA/FCIA qualification

• Proactive, self-directed, and able to work independently and drive projects forward

• Demonstrates flexibility and adaptability in a challenging and dynamic work environment

• Detail oriented, excellent analytical and problem-solving skills

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

• Ability to work collaboratively with individuals from various areas

• Knowledge of IFRS
  17 actuarial principles

• Prior financial reporting experience and/or familiarity with US products are assets

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

• 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.

#LI-Hybrid

If you are applying to this role in Massachusetts, please note the salary range is $92,475 USD - $160,290 USD.

Toronto, Ontario – Expected salary range: $ CAD - $ CAD.

If you are applying for this role outside of the primary location, please contact  for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job‑related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife is an Equal Opportunity Employer. At Manulife/John Hancock, we embrace diversity, foster an inclusive work environment, and commit to fair recruitment, retention, advancement, and compensation. We are committed to administering all practices and programs without discrimination on the basis of race, ancestry, place of origin, color, ethnic origin, citizenship, religion, creed, sex, pregnancy, gender identity, gender expression, age, marital status, disability, sexual orientation, genetic characteristics, veteran status, immigration status, or any other ground protected by law.

To request a reasonable accommodation during the application process, contact