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 define solutions for IFRS
17 valuation and reporting, gain deep understanding of Manulife’s sophisticated products, and work with a large group of seasoned actuarial and accounting professionals.

The position offers opportunities for interaction across the organization, with management and peers in US Finance, US Insurance, US Actuarial Shared Services, and Group Actuarial functions.

• Support research and investigations on given projects, including understanding the problem and its implications, producing analysis, developing solutions, presenting recommendations, and supporting implementation.
• Drive key projects to develop strong capabilities to understand and explain earnings under IFRS
  17 for UL, VUL, and IUL products, implement robust controls in reserves, minimize unexplained movements, and review reserving for new business. Automation will be a key focus.
• Support valuation solutions to streamline the reporting process and provide actuarial expertise.
• Support development of tools and methods that streamline processes, 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, including on‑job training for the valuation team.
• Work closely with line actuaries and collaborate with professionals such as modeling, pricing, accounting, group actuarial functions, in‑force 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, with excellent analytical and problem‑solving skills.
• Strong verbal and written communication skills, with the 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.

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

Requested location:
Toronto, Ontario. Salary range in Toronto is $ CAD – $ CAD.

Benefits:

• Health, dental, mental health, vision, short‑term disability, long‑term disability, life, AD&D, adoption/surrogacy, and wellness benefits.
• Employee/family assistance plans.
• Retirement savings plans, including pension and a global share ownership plan with employer matching contributions.
• Financial education and counseling resources.
• Paid time off program in Canada, including holidays, vacation, personal, and sick days, and statutory leaves of absence.

Manulife is an Equal Opportunity Employer. We embrace our diversity, aim to attract, develop, and retain a workforce as diverse as the customers we serve, and provide an inclusive work environment. We are committed to fair recruitment, retention, advancement, and compensation, and administer these practices without discrimination on the basis of race, ancestry, place of origin, color, ethnic origin, citizenship, religion, creed, sex (including pregnancy), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

We are committed to removing 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 consistently with applicable laws and Manulife/John Hancock policies.