Senior Actuarial Associate

Company 1; Toronto; Hybrid; CAD 75,000 - 140,000; Full time

Job summary

A leading international financial services provider in Toronto is seeking a Senior Actuarial Associate. This role involves leading the design and implementation of automated actuarial reporting processes adhering to IFRS 17 standards. Candidates should have 5+ years in the life insurance industry and strong technical skills. The position offers opportunities for professional growth in a flexible hybrid environment.

Benefits

Health and dental benefits

Mental health support

Pension plans

Paid time off

Qualifications

• 5 years of work experience in the life insurance industry.
• Excellent analytical and problem-solving skills.
• Strong technical skills including programming or scripting experience.
• Excellent written and oral communication skills.
• Knowledge of IFRS 17 financial reporting requirements.
• Ability to work independently and with cross-functional teams.
• Ability to navigate through ambiguity and manage complex tasks.

Responsibilities

• Design and implement automated technology-based solutions.
• Prepare technical documentation for application development.
• Support upgrades and test implications for automated processes.
• Create procedural documentation and provide user training.
• Establish partnerships and share expertise across teams.

Skills

Analytical skills

Problem-solving skills

Programming or scripting

Communication skills

Knowledge of IFRS 17

Ability to work independently

Cross-functional teamwork

Navigating ambiguity

Education

Bachelor's degree or higher

Tools

SQL

Qlik

Power BI

AXIS

Python

Job description

Overview

As a Senior Actuarial Associate you will have the opportunity to lead and innovate within Manulife's Group Finance Actuarial (GFA) area specifically in the Reporting Process and Change (RP&C) team. You will contribute to our mission by designing and implementing automated actuarial reporting processes that adhere to IFRS17 standards, collaborating with various functions to support financial reporting and business growth. This position offers diverse experience in actuarial reporting, working on ad-hoc projects, and engaging with professionals across the company.

Responsibilities

• Design and implement automated technology-based solutions to meet financial reporting requirements for each business unit.
• Prepare technical documentation in tandem with application development.
• Support Moody's AXIS and Risk Integrity (RI) upgrades and test implications for automated valuation reporting processes.
• Maintain and update Reserve Movement Analysis (RMA) driver files and RI driver files.
• Support Drivers of Earnings (DOE) driver file guidance.
• Provide expert support and resolve issues during both testing phases and urgent quarter-end reporting periods.
• Create procedural documentation and provide training to end-users and other key stakeholders.
• Establish close and collaborative partnerships with other teams, sharing expertise and learnings throughout development, testing, and maintenance phases.

Required Qualifications

• 5 years of work experience in the life insurance industry.
• Excellent analytical and problem-solving skills.
• Strong technical skills including programming or scripting experience.
• Excellent written and oral communication skills capable of presenting technical issues to senior management.
• Knowledge of IFRS 17 financial reporting requirements.
• Ability to work independently and with cross-functional teams.
• Ability to navigate through ambiguity and manage complex tasks to deliver timely results.

Preferred Qualifications

• Actuarial designation (ASA).
• Experience with SQL, Qlik, Power BI, AXIS, and Python.
• Knowledge of actuarial systems and reporting processes.
• Demonstrated ability to build relationships and influence others.
• Detail-oriented with a Think Big mindset.

When you join our team

• Well empower you to learn and grow the career you want.
• We will 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 will 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 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.

Job Details

Referenced Salary Location: Toronto, Ontario

Working Arrangement: Hybrid

Salary range is expected to be between 75180.00 CAD - 139620.00 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 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 for more information about U.S.-specific paid time off provisions.

Required Experience: Senior IC

Key Skills

General Services, Apache Commons, Community Services, Fashion Designing, Brand Communications, Accident Investigation

Employment Type : Full-Time

Experience : years

Vacancy : 1