Actuary and Model Expert in Universal Life at Manulife designing actuarial models and delivering solutions. Involved in financial reporting and supporting business initiatives with industry-leading expertise.
Responsibilities
Reporting to the UL line actuary, support our mission to deliver accurate and efficient actuarial results and solutions, while building strong product knowledge and developing a solid IFRS17 foundation
Actuarial Modeling: Prioritize change management activities to meet stakeholder needs and company initiatives; Review the development of all changes made to the valuation model, ensuring compliance with modeling standards; Provide support to the team to develop more complex cases, as needed; Lead process improvement initiatives to further automate the UL end-to-end valuation reporting process; Promote modeling best practices with the team; Manage the timely delivery of comprehensive and professional work products to satisfy the actuarial modelling requests of actuarial business partners
Financial reporting: Lead quarterly IFRS reserves and LICAT required capital production and reviews; Lead UL annual basis change activities; Contribute to annual financial reporting/disclosures of actuarial results, such as sensitivities and Appointed Actuary’s Report; Analyze results and support communications to senior management
Add hoc Support on Business Initiatives: Key contributor to strategic initiatives driven by other functions
Leadership and management: Formally manage actuarial student(s); Provide coaching and mentoring to support direct report(s) and other team members’ development and progression.
Requirements
Actuarial designation (FSA, FCIA, ASA) with 5+ years of relevant experience in progressive actuarial roles
Results oriented, able to manage expectations, work under tight deadlines and manage competing priorities
Advanced knowledge regarding technical aspects of work; able to review data or results (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed
Self-starter with the ability to work independently, particularly in using sound, independent judgment, problem-solving and analytical skills
Remains calm and in control when facing pressure and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles
Ability to communicate and vulgarize complex technical topics to various audiences, including senior management and non-technical functions
Strong interpersonal skills with the ability to collaborate, negotiate and influence effectively
Previous Axis experience is an asset, considering the complexity of the UL model and associated products.
Benefits
health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage
adoption/surrogacy and wellness benefits
employee/family assistance plans
various retirement savings plans (including pension and a global share ownership plan with employer matching contributions)
financial education and counseling resources
generous paid time off program in Canada includes holidays, vacation, personal, and sick days
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