Senior Actuarial Associate - IFRS17

Manulife; Indonesia; Hybrid; IDR 180,000,000 - 280,000,000; Full time

Job summary

Manulife seeks an experienced actuarial professional to lead IFRS17 reserve production, quarterly and annual group reporting, and related forecasting. You will work with accounting and regional teams, support IFRS17 Core Earning and CSM monthly forecasts, and drive model changes with the VSSC group.

Strong communication and coaching skills are essential. The role requires an actuarial background, fluency in English, and advanced Excel/Office skills, with IFRS17 knowledge and AXIS experience

Qualifications

• Bachelor degree in math/statistics/actuarial field is required.
• Fellow of an actuarial organization (e.g. PAI, SOA, IAAust, IA).
• Advanced MS Office (Word, Excel, Access) proficiency.
• Strong communication with cross-team peers.
• Knowledge of AXIS actuarial software preferred.
• Experience coaching or managing juniors is a plus.
• Fluent in English.

Responsibilities

• Produce accurate IFRS17 reserve, including non-system reserve, and manage end-to-end production.
• Prepare and analyze IFRS17 Driver of Earning templates for portfolios.
• Deliver timely quarterly and annual group reporting.
• Collaborate with accounting and regional teams on IFRS17 treatment.
• Coordinate with VSSC on production model changes and management.
• Support IFRS17 Core Earning, CSM monthly forecast, and MMR materials.
• Identify process improvements and automation opportunities.
• Lead ad-hoc IFRS17 projects and mentor junior staff.

Skills

Communication

Team collaboration

English fluency

Coaching

Education

Bachelor degree in math/statistics/actuarial

Fellow actuarial organization

Tools

AXIS

Microsoft Office

Power BI

Job description

Position Responsibilities

• Produce an accurate and timely IFRS17 reserve (including non-system reserve) and understand the end to end production process
• In charge of Driver of Earning template preparation and its analysis of some IFRS17 portfolios in Quarter End
• Produce an accurate and timely Quarterly and Annual Group Reporting
• Work closely with accounting team in regards of reserve booking and regional team in regards IFRS17 technical and reporting treatment
• To work closely with VSSC team regarding production model as well as model change management for IFRS17 basis
• To support IFRS17 Core Earning and CSM monthly forecast and analysis as well as management reporting Handling MMR (and Health MMR) and Business Review material for IFRS17
• To continuously seek opportunity to improve the process efficiency such as developing template enhancement or automation tools for analysis in both actual reporting and forecast
• In charge on ad-hoc actuarial projects related to IFRS17 metrics with other teams
• Coaching junior team member and provide peer review of other team member results

Required Qualifications

• Minimum Bachelor Degree, math/statistics/actuarial background is preferable, with minimum 5 years of work experience
• Fellow of an actuarial organization (e.g. PAI, SOA, IAAust, IA)
• Advance user of Microsoft Office (Word, Excel, Access)
• Demonstrate a good communication with other teams
• Preferable some prior knowledge of actuarial software (AXIS)
• Preferable some prior experience in coaching / managing juniors / team
• Fluent in English

Preferred Qualifications

• Intermediate to Advance user of Power BI
• Have experience on IFRS17 reporting

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