Senior Actuarial Associate - IFRS17

Manulife Financial; Jakarta Pusat; On-site; IDR 350,000,000 - 550,000,000; Full time

Job summary

Manulife Financial is seeking a senior actuarial professional to manage IFRS17 reserve production and quarterly/annual group reporting. You will partner with accounting, regional teams, and the VSSC group to ensure accurate IFRS17 metrics and model governance.

The role requires a Bachelor’s degree in math/statistics/actuarial, actuarial fellowship, and strong English. Experience with AXIS and Power BI is preferred, with mentoring responsibilities and a focus on process improvement.

Qualifications

• Bachelor's degree in math/statistics/actuarial (minimum)
• Fellow of an actuarial organization (e.g. PAI, SOA, IAAust, IA)
• Advanced user of Microsoft Office (Word, Excel, Access)
• Demonstrate good communication with other teams
• Preferable knowledge of AXIS actuarial software
• Preferable experience coaching/managing juniors/team
• Fluent in English

Responsibilities

• Produce IFRS17 reserve (including non-system reserve) accurately and timely.
• Prepare and analyze Driver of Earning templates for IFRS17 portfolios in Quarter End.
• Produce accurate Quarterly and Annual Group Reporting.
• Collaborate with accounting and regional teams on IFRS17 treatment.
• Coordinate with VSSC team on production model changes and IFRS17 basis.
• Support IFRS17 Core Earning and CSM monthly forecast and analysis; manage MMR and related material.
• Identify opportunities to improve process efficiency and develop templates or automation tools.
• Lead ad-hoc actuarial projects related to IFRS17 metrics with other teams.
• Coach junior team members and provide peer reviews

Skills

Fluent in English

Strong communication

Coaching mentoring juniors

Education

Bachelor's degree in math/statistics/actuarial

Fellow of actuarial organization

Tools

AXIS

Power BI

Microsoft Excel

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