Actuarial IFRS17 Reporting Lead

Manulife; Indonesia; Hybrid; IDR 900,000,000 - 2,100,000,000; Full time

Job summary

Manulife Financial Corporation is seeking an experienced actuarial leader to oversee the group IFRS17 valuation and reporting. The role includes driving Driver of Earnings analyses, forecasting core KPIs, and coordinating with the VSSC team on model change management.

The candidate will lead a team of about five actuaries, ensure Canadian regulatory reporting standards are met, and drive process improvements across valuation functions.

Qualifications

• Minimum bachelor’s degree.
• Fellow of Actuarial Organization (e.g. FSA / FSAI) with minimum 8 years’ experience. Preferably has experience in Actuarial Valuation.
• Proven leadership skills, Minimum 4 years’ experience of leading a team.
• Develop communication and relation skills.
• Fluent in English.

Responsibilities

• Perform high-quality and timely valuation processes for group IFRS17 reserves and earnings via Driver of Earnings with clear explanation and analysis and Canadian regulatory compliance reporting.
• Perform forecasting of financial KPI related to IFRS17 such as Core Earnings, NB CSM and CSM and movement analysis.
• Perform and support LICAT (Canadian required capital). Actively drive ongoing process enhancements to improve efficiency and control of these processes.
• Manage the IFRS17 implementation for group valuation and reporting. Support business unit management to understand the impact of the new standards.
• To work closely with VSSC team regarding production model as well as model change management for IFRS17 basis
• To support building infrastructure and capability that allows team to focus on value added analysis such as developing tools for analysis for more granular analysis
• Manage a team of around 5 employees with a wide range of experience levels, driving high performance to optimize contribution to the objectives described above

Skills

Leadership

Team management

Communication

English fluency

Education

Actuarial fellowship (FSA/FSAI)

Bachelor's degree

Job description

Position Responsibilities

• Perform high-quality and timely valuation processes for group IFRS17 reserves and earnings via Driver of Earnings with clear explanation and analysis and Canadian regulatory compliance reporting
• Perform forecasting of financial KPI related to IFRS17 such as Core Earnings, NB CSM and CSM and movement analysis
• Perform and support LICAT (Canadian required capital). Actively drive ongoing process enhancements to improve efficiency and control of these processes.
• Manage the IFRS17 implementation for group valuation and reporting. Support business unit management to understand the impact of the new standards.
• To work closely with VSSC team regarding production model as well as model change management for IFRS17 basis
• To support building infrastructure and capability that allows team to focus on value added analysis such as developing tools for analysis for more granular analysis
• Manage a team of around 5 employees with a wide range of experience levels, driving high performance to optimize contribution to the objectives described above

Required Qualifications

• Minimum bachelor’s degree
• Fellow of Actuarial Organization (e.g. FSA / FSAI) with minimum 8 years’ experience. Preferably has experience in Actuarial Valuation.
• Proven leadership skills, Minimum 4 years’ experience of leading a team
• Develop communication and relation skills
• Fluent in English

Preferred Qualifications

• Have exposure on IFRS17

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.

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].

Working Arrangement

Hybrid