Actuarial Assistant Manager, Actuarial Consulting Group

Manulife Insurance Malaysia; Manila; Hybrid; PHP 720,000 - 1,100,000; Full time

Job summary

Manulife is seeking talented actuaries to join the Actuarial Development Program in Asia. You will develop and test models, maintain valuation processes, and provide management with insightful analysis of reserves and capital.

The program supports exam progression (SoA) and offers rotations to broaden experience, with mentorship and a flexible, inclusive environment.

Qualifications

• Bachelor’s degree in actuarial science, mathematics, or statistics.
• Strong quantitative and analytical skills with ability to explain technical concepts.
• Able to communicate complex actuarial ideas clearly to varied audiences.
• Pursuing or having passed SoA exams; aim for designation.
• Experience with actuarial modeling tools and databases is a plus.

Responsibilities

• Develop and test actuarial models in GGY Axis or other software.
• Maintain and run valuation models for monthly/quarterly reserve calculations and financial reporting.
• Analyze reserve, capital and risk calculations and provide commentary to management.
• Mentor junior team members and ensure SOX controls and audit evidence quality.
• Participate in project teams to meet requirements and deadlines.

Skills

Actuarial concepts

Quantitative analysis

Communication skills

SOA exam progress

Team collaboration

Education

Bachelor’s Degree in Actuarial Science, Mathematics, or Statistics

Tools

GGY Axis

Microsoft Excel

VBA macros

Job description

The MGS Actuarial department provides actuarial services to Manulife business areas across Asia and North America, specializing in model validation, experience studies and valuation work.

In addition to providing exciting work in the actuarial field, our Actuarial Development Program also offers strong support and incentives for writing Society of Actuaries (SoA) exams, as well as the opportunity to rotate periodically into new roles to gain a broader knowledge and experience base.

We are currently searching for talented and motivated individuals with prior actuarial experience, to help our team grow.

Position Responsibilities:

• Develop and test actuarial models in GGY Axis or other software.
• Maintain and run valuation models for monthly/quarterly reserve calculation and financial reporting.
• Analyze reserve, capital and risk calculations and provide commentary on results to management.
• Mentor junior team members and review their valuation work Supports control walkthroughs ensuring appropriate focus is placed on key controls, collection and presentation of audit evidence is done in accordance to SOX guidelines.
• Actively participates on project teams to ensure tasks meet requirements and deadlines.

Required Qualifications:

• Bachelor’s Degree in Actuarial Science, Mathematics, or Statistics Strong knowledgeable in various actuarial concepts and their application to life insurance - probability, interest theory, life contingencies.
• Demonstrated strong quantitative, analytical and problem solving skills.
• Ability to communicate complex actuarial concepts clearly and concisely both orally and in writing to both technical and non-technical audiences.
• Strong interpersonal skills; good team player.
• Can perform tasks with minimal supervision and demonstrated ability to work well under pressure.
• Demonstrated strong knowledge in database software and Microsoft Excel.
• Knowledge of VBA macros and actuarial modeling software (e.g. GGY Axis) is preferred but not required.
• Driven to attain designation in any recognized actuarial organization (e.g. SoA, ASP).
• Has passed all five (5) SoA preliminary exams.

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 distributed team, we'll support you in crafting 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

We're Manulife. And we're on a mission to make decisions easier and lives better.

Better is what drives us.

It's what inspires us to find new ways to support customers and colleagues in living longer and healthier lives.

It's the reason we're dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future.

Joining us means you'll be empowered to learn and grow your career. We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you'll help shape the future you want to see – and discover that better can take you anywhere you want to go.

We're proud of our accomplishments and recognitions.

Recent awards include:

2024 Gallup Exceptional Workplace Award Winner Manulife Named one of Forbes World's Best Employers 2023 Best Companies to Work for in Asia 2023 We've been recognized as one of Canada's Top 100 Employers (2024) Manulife included in Bloomberg's 2023 Gender-Equality Index

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Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.