Senior Financial Analyst, Statutory Reporting

Manulife Financial; Toronto; Hybrid; CAD 74,000 - 123,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Retirement plan

Paid time off

Job summary

Manulife Financial invites applications for a Senior Financial Analyst, Statutory Reporting role in Toronto. The position focuses on NAIC regulatory reporting and compliance for US-based insurers, ensuring alignment with NAIC accounting and reporting mandates.

Responsibilities include preparing periodic NAIC statements, coordinating with Risk Based Capital, US Finance, and tax teams, and working with auditors on Model Audit Rule compliance. Hybrid work arrangement offered.

Qualifications

• 5+ years experience working in investment accounting.
• Strong analytical skills with a keen attention to detail.
• Experience with Microsoft Office (Excel) and Power BI.
• University or advanced degree.

Responsibilities

• Prepare NAIC monthly/quarterly/annual reporting statements for internal stakeholders.
• Liaise with Risk Based Capital analysts, US Finance, US Tax and business units.
• Collaborate with internal/external auditors to address questions and Model Audit Rule requirements.
• Ensure NAIC filing requirements for new investments and Asset Valuation process are met.
• Verify NAIC report part codes for newly acquired securities with front/middle offices.

Skills

Investment accounting

Analytical skills

Microsoft Excel

Power BI

Attention to detail

CFA/CA/CPA designation

Education

University degree

Advanced degree

Tools

SimCorp Dimension

Hyperion Essbase

Job description

The Senior Financial Analyst, Statutory Reporting role is responsible for NAIC related regulatory reporting, and Manulife/John Hancock’s compliance with NAIC regulations for insurers. This opportunity will require you to focus on a critical accounting basis for all US based insurance companies to ensure that our organization is well placed to adhere to the NAIC’s accounting and reporting mandates.

Position Responsibilities:

• Prepare monthly/quarterly/annual reporting statements for the NAIC, downstream business users, and varied internal business partners. Liaise with several Manulife/John Hancock internal customers including Risk Based Capital analysts, US Finance, US Tax, and varied business units.

• Responsible to work with both internal and external auditors to field questions, provide insights, and adhere to Model Audit Rule requirements.

• Ensure that the Securities Valuation Office of the NAIC requirements are met when it comes to the filing of new investment agreements as well as comply with the monthly Asset Valuation process.

• Determine the NAIC report part codes to newly acquired securities. Coordinate with front and middle offices to acquire the details of the securities

• Ensure adherence to the NAIC Accounting Practices and Procedures Manual requirements.

Required Qualifications:

• 5+ years experience working in investment accounting and knowledge of various financial products.

• Strong analytical skills with a keen attention to detail.

• Experience with varied software tools such as Microsoft Office (Excel focused), Power BI, etc..

• University or advanced degree

Preferred Qualifications:

• Recognized professional designation such as CFA, CA, CPA, etc.

• Substantial experience in insurance financial reporting and regulatory compliance.

• Experience with the SimCorp Dimension accounting platform.

• Experience with Hyperion Essbase and other data/accounting tools.

• Familiarity with NAIC regulations.

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

The role being advertised is an existing vacancy.

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 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 range is expected to be between

$73,725.00 CAD - $122,875.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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. If you are applying for this role outside of the primary location, please contact [e-mail] for the salary range for your location.

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.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.