Manager and Model Expert

Manulife; Southwestern Ontario; Hybrid; CAD 86,000 - 156,000; Full time

Job summary

A leading financial services provider in Ontario is seeking an experienced actuary to manage liability models, oversee IFRS calculations, and mentor analysts. The ideal candidate should have an FSA or FCIA designation, at least 5 years of relevant experience, and proficiency in Moody's Axis. This role offers a competitive salary and benefits in a hybrid work environment.

Benefits

Health and Dental Insurance

Mental Health and Wellness Benefits

Retirement Savings Plans

Generous Paid Time Off

Qualifications

• 5+ years of relevant experience in the actuarial field.
• Ability to communicate complex concepts clearly.

Responsibilities

• Serve as model steward for liability models and calculators.
• Guide modelers to ensure compliance with guidelines.
• Oversee monthly and quarterly IFRS reserve calculations.

Skills

Communication Skills

Analytical Skills

Problem-solving Skills

Creative-thinking Skills

Project Management

Bilingualism (English and French)

Education

Fellowship Actuarial designation (FSA, FCIA)

Tools

Moody's Axis

Job description

Overview

The Canadian ASSC Group Benefits (GB) Valuation team handles actuarial reserve reporting and manages insurance and interest risk capital for the GB segment, supporting business operations.

Responsibilities

• Serve as model steward for liability models and calculators.
• Guide modelers and ensure compliance with model council guidelines.
• Coordinate with system teams during quarter-end processes.
• Oversight of monthly and quarterly IFRS and client reserve calculations.
• Oversight of quarterly LICAT insurance risk and interest rate risk calculations.
• Oversight of the development and review of off-cycle and annual Basis Changes.
• Play a key role in the achievement of process improvement and best practices.
• Mentor actuarial students/analysts supporting various initiatives and projects and communicate results or recommendations to various stakeholders.

Required Qualifications

• Fellowship Actuarial designation (FSA, FCIA) with 5+ years of relevant experience.
• Proficiency in Moody’s Axis.

Preferred Qualifications

• Good business acumen with ability to communicate complex actuarial concepts and results in a clear and concise manner.
• Excellent analytical, problem-solving, and creative-thinking skills as well as ability to process large amounts of information and summarize effectively.
• Strong communication and interpersonal skills with the ability to collaborate, negotiate and influence.
• Ability to successfully manage projects and deliver timely results.
• Strong professional judgment, ability to assess risks, as well as to effectively identify opportunities for improving efficiency and methodology.
• Excellent customer focus and commitment to quality.
• Bilingualism (English and French) is an asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

When you join our team

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

LI-Hybrid

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit the Manulife site: https://www.manulife.com/en/about/our-story.html

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 [e-mail].

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary

Salary range is expected to be between $86,250.00 CAD - $155,250.00 CAD

If you are applying for this role outside of the primary location, please contact [e-mail] 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 offers eligible employees a wide array of customizable benefits, including 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. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [e-mail] for more information about U.S.-specific paid time off provisions.