Hybrid
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Working Arrangement
Job Description
The Opportunity
Do you want to join a growing team in a high-performance culture that provides leadership and technical development opportunities? We are currently searching for a talented and driven individual to join our Philippines Valuation team within our MBPS Actuarial Function. The role is accountable for performing various actuarial valuation services for our valuation team supporting one of Manulife's businesses in the emerging markets Philippines.
Established in 2012, MBPS Actuarial has become an actuarial center of excellence, with over 160 staff and growing, along with increasing range and ownership of deliverables, specializing in Valuation, Liability and Asset Modelling, Experience Analytics, Pricing, and more.
MBPS Actuarial offers a wide range of global opportunities across multiple actuarial disciplines, a high performing culture, a market leading actuarial development program, a job rotation program, and a leadership team dedicated to your growth and success.
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
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Finance, or related field.
- At least 5 years of actuarial work experience in Insurance or Financial Services.
- Significant progress towards attaining a designation in any recognized actuarial organization (SOA, ASP).
- Advanced proficiency in MS Office (Excel, VBA, Access), GGY AXIS, SQL, Qlikview, Python or similar program is a plus.
- Self-motivated with strong interpersonal skills and has demonstrated team collaboration.
- Ability to clearly communicate ideas, concepts and results to both technical and non-technical audiences whether written and oral.
- Demonstrated ability meet tough deadlines and clearly set own priorities.
On the job you will
- Develop and maintain the AXIS and/or Excel models appropriate for the shareholder dividend recommendation, capital requirement calculation, group insurance valuation, and business plan initiatives.
- Support the annual shareholder dividend recommendation exercise by executing the model runs and communicating the results to the stakeholders.
- Calculate the capital requirements and its sensitivity to various risk drivers.
- Calculate the reserves of the group insurance business under Canadian IFRS and local bases, analyze the movement and trend of reserves, and prepare a commentary on the results to the Chief Actuary on quarterly basis.
- Support the annual business plan exercise in terms of calculations and sensitivities of projections of relevant accounts in the financial statement.
- Manage the changes in the shareholder dividend, capital requirement, group insurance valuation, and business plan models including assumption updates and new product modeling.
- Execute and adhere to the valuation controls based on Valuation Control Framework Requirements where applicable support the internal and external audit exercise by maintaining process documentation and evidence of controls model vetting and adoption of modeling best practices in accordance with model risk management and audit recommendations.
- Become a person of contact when engaging with actuarial and finance departments to provide technical support for any questions raised.
- Perform additional tasks and ad hoc initiatives assigned by the Chief Actuary from time to time. Immediate additional task is the conversion of the legacy dividend record datasets.
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.
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
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
.