Valuation Senior Actuarial Associate

Manulife; Toronto; Hybrid; CAD 69,000 - 117,000; Full time

Job summary

A leading international financial services provider seeks a Valuation Senior Actuarial Associate in Toronto. This role offers extensive responsibilities including supporting valuation processes and working with finance teams. Ideal candidates will have an actuarial designation with experience in financial services and complex data analysis, and they will benefit from a competitive salary and robust professional development opportunities.

Benefits

Competitive salary and benefits packages.

Flexible work policies.

Professional development opportunities.

Qualifications

• 2+ years of proven experience in actuarial roles.
• Ability to review data and results for reasonability.
• Self-starter with sound independent judgment and problem-solving skills.

Responsibilities

• Support monthly/quarterly financial reporting processes.
• Collaborate with Valuation and Line Actuaries.
• Implement and review AXIS modeling changes.

Skills

Analytical skills

Interpersonal skills

Problem-solving

Communication skills

Education

Post-secondary education in Math/Computer Science, Actuarial Science or equivalent

Actuarial designation (ASA)

Tools

GGY AXIS

Job description

Join to apply for the Valuation Senior Actuarial Associate role at Manulife

1 week ago Be among the first 25 applicants

Join to apply for the Valuation Senior Actuarial Associate role at Manulife

The Canadian ASSC Group Benefits (GB) Valuation team is responsible for the reserve and capital of the GB segment and provides ongoing support to the business. Thanks to the dynamic nature of GB, there is a regular flow of stimulating initiatives such as inquiry related to the support of clients, reporting of earnings and Basis Change.

As part of the GB Valuation team, you will have a lot of developmental opportunities, such as increasing your knowledge of key aspects of group benefits (e.g., products, financial arrangement, IFRS 17, LICAT, etc.) as well as your communication skills.

The role involves working closely with the GB’s Valuation and Line Actuaries. You will also have the opportunity to collaborate with Pricing team, the accountant finance team, Group Finance Actuarial, Group Capital Management and IS.

Key Responsibilities

• Support the monthly/quarterly reporting process, including partnering with the Business Unit Finance to explain financial results
• Support the Valuation and Line Actuaries regarding underwriting and pricing requests as well as special projects and business initiatives
• Support review of assumption/methodology of reserve
• Assist the Line Actuary with Basis Change impact review, and ensure all Basis Changes and capital implications are well understood by partners
• Implement, review AXIS modeling changes; perform ad-hoc modeling in GGY AXIS as required
  
  

What We Are Looking For

• Actuarial designation (ASA) with 2+ years of proven experience in actuarial roles
• Post-secondary education in Math/Computer Science, Actuarial Science or equivalent
• Demonstrates sophisticated knowledge regarding technical aspects of work; able to review data or results (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed
• Self-starter with the ability to work independently, particularly in using sound, independent judgment, problem-solving and analytical skills
• Remains calm and controlled in pressured and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles
• Strong interpersonal skills with the ability to collaborate, negotiate and have strong influence
• Results oriented, able to handle expectations, work under tight deadlines and handle contending priorities
• Proficiency in GGY Axis
  
  

What can we offer you?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.
  
  

Our commitment to you

• Values-first culture We lead with our Values every day and bring them to life together.
• Boundless opportunity We create opportunities to learn and grow at every stage of your career.
• Continuous innovation We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives.
• Championing Corporate Citizenship We build a business that benefits all stakeholders and has a positive social and environmental impact.
  
  

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

$69,750.00 CAD - $116,250.00 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.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

Referrals increase your chances of interviewing at Manulife by 2x

Get notified about new Senior Actuarial Associate jobs in Toronto, Ontario, Canada.

Assistant or Associate Actuary, Corporate Actuarial

Actuarial Analyst or Senior Actuarial Analyst, Corporate Actuarial

Assistant Actuary or Senior Actuarial Analyst

Senior Actuarial Associate Reinsurance Pricing (Associate III)

Senior Actuarial Associate - Corporate Actuarial

Greater Toronto and Hamilton Area, Ontario, Canada 1 day ago

P&C - Reserving Senior Actuarial Analyst / Actuary

Senior Actuarial Analyst (12-Month Contract)

Actuarial Consultant, Affinity for Toronto / Montreal

Sr Actuarial Analyst, Personal Insurance Pricing

Actuarial Technical Leader (Senior Associate) – Retirement & Health Benefits

Bilingual Senior Actuarial Analyst/Consultant – Commercial Pricing

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.