Actuarial Analyst/Specialist

The customer is the focus of everything we do, and millions of end users rely on our products and services daily. We believe in the value of empowering our Actuarial Analyst/Specialist with the resources to enhance and achieve our business performance objectives for the future of our business, which is why we need you.

This pivotal role plays a crucial part in delivering accurate and timely financial and management reporting results for key external and internal stakeholders, while also uncovering valuable business insights to drive our financial success. The successful candidate will join a team of professional and energetic actuaries / actuarial students to deliver IFRS 17 reporting and business forecasting requirements, as well as enhancing efficiency and effectiveness of these financial results production processes, harnessing technology and collaborating extensively with various internal parties. From time to time, members of the team may also have the opportunity to contribute to projects in the wider reporting team, such as support to Embedded Value / NBV Reporting under HKRBC basis.

Position Responsibilities:
• Work with a team of actuarial students / junior actuaries to deliver IFRS 17 reporting requirements, including but not limited to reserves, Drivers of Earnings analysis, Contractual Service Margin (CSM) and New Business CSM analysis, and other Group requirements for the assigned lines of businesses.
• Cooperate with other teams under the Hong Kong Chief Actuary’s leadership, as well as departments of the larger Manulife IFRS 17 community (such as the Valuation Shared Service Center, as well as Group and Regional offices), to
• (1) maintain valuation models up to external / internal audit and control requirements,
• (2) deliver process optimization initiatives to improve efficiency and effectiveness in financial results production, and
• (3) assist in other IFRS 17 / related requirements to support Manulife Hong Kong’s business strategy where appropriate.
• When given the opportunity, contribute to projects in the wider reporting team, such as support to Embedded Value / NBV Reporting under HKRBC basis.

Required Qualifications:
• Degree holder with reasonable progress towards attainment of professional actuarial qualifications.
• Solid actuarial knowledge and experience in valuation, financial reporting, and/or product pricing. Experience in IFRS 17 in / for a direct life insurer is a plus.
• 0-3 years of relevant working experience in insurance industry.
• Strong analytical and problem-solving skills with demonstrated ability to work with complex financial issues and concepts, paying attention to details.
• Strong technical/modeling skills, knowledge or experience in Microsoft Access, VBA, Python, PowerBI, Qlik and/or AXIS is an asset
• Both an effective individual contributor and team player, and able to deliver results under pressure and deadlines.
• Good communication and relationship skills.
• Effective command of English, both spoken and written.
• Candidates considering the role of Actuarial Manager should also possess leadership, project / stakeholder management and coordination skills, as well as willing and able to lead, encourage, support and develop more junior colleagues.

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 recruitment@manulife.com.

Working Arrangement

Hybrid