Actuarial Assistant Manager, Actuarial Consulting Group

Manulife Financial; Quezon City; Hybrid; PHP 600,000 - 1,200,000; Full time

Job summary

Manulife Financial is seeking talented actuarial professionals to join the MGS Actuarial department, offering opportunities to develop models, value reserves and contribute to financial reporting across Asia and North America.

The Actuarial Development Program supports SoA exam progress and allows rotation into new roles to broaden experience.

Join a team that fosters learning, inclusion, and collaboration in a hybrid working environment.

Qualifications

• Bachelor’s Degree in Actuarial Science, Mathematics, or Statistics.
• Strong knowledge of actuarial concepts and their application to life insurance.
• Demonstrated strong quantitative, analytical and problem solving skills.
• Ability to communicate complex actuarial concepts clearly in writing and speech 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.

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.

Skills

Actuarial concepts knowledge

Quantitative analysis

Written and oral communication

Teamwork and collaboration

Ability to work under pressure

Database software knowledge

Excel proficiency

VBA macros familiarity

Actuarial designations pursuit

Education

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

Tools

GGY Axis

Excel

VBA

Actuarial modeling software

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. The desired qualifications and anticipated job responsibilities are listed below.

Position Responsibilities:

Successful candidates will have responsibilities related to one or more of the following:

• 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