Manulife
Financial Services
ActuarialSpecialist
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“Actuarial Specialist at Manulife. Skills: reserve and capital management, actuarial modeling, reporting. Support the monthly/quarterly reporting process. partnering with the Business Unit Finance to explain financial results”
Industry & Context.
problem-solving and analytical skills; identify root causes and drivers in the data being reviewed
What They're Looking For.
Must Have
Actuarial designation (ASA), 2+ years of proven experience in actuarial roles, Post-secondary education in Math/Computer Science, Actuarial Science or equivalent
Nice to Have
Demonstrates sophisticated knowledge regarding technical aspects of 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, Maintains composure and effectiveness in high-pressure environments, demonstrating confidence and resilience when navigating challenges and setbacks., interpersonal skills with the ability to collaborate, negotiate and have influence, Results oriented, able to handle expectations, work under tight deadlines and handle contending priorities, Proficiency in GGY Axis
What You'll Do.
Support the monthly/quarterly reporting process
partnering with the Business Unit Finance to explain financial results
Support the Valuation and Line Actuaries regarding underwriting and pricing requests as well as special projects and business initiatives
Support review of assumption/methodology of reserve
Assist the Line Actuary with Basis Change impact review
ensure all Basis Changes and capital implications are well understood by partners
perform ad-hoc modeling in GGY AXIS as required
How You'll Work.
Team & Collaboration
working closely with the GB’s Valuation and Line Actuaries; collaborate with Pricing team; the accounting & finance team; Group Finance Actuarial; Group Capital Management and IS; partnering with the Business Unit Finance; collaborate, negotiate and have influence
Communication Scope
communication skills; ability to collaborate, negotiate and have influence
Process & Methodology
work under tight deadlines
Full Job Description
The Canadian ASSC Group Benefits (GB) Valuation team is responsible for the reserve and capital of the GB segment and provides ongoing support to the business. Thanks to the dynamic nature of GB, there is a regular flow of stimulating initiatives such as inquiry related to the support of clients, reporting of earnings and Basis Change. As part of the GB Valuation team, you will have a lot of developmental opportunities, such as increasing your knowledge of key aspects of group benefits (e.g., products, financial arrangement, IFRS 17, LICAT, etc.) as well as your communication skills. The role involves working closely with the GB’s Valuation and Line Actuaries. You will also have the opportunity to collaborate with Pricing team, the accounting & finance team, Group Finance Actuarial, Group Capital Management and IS. **Position Responsibilities:** * Support the monthly/quarterly reporting process, including partnering with the Business Unit Finance to explain financial results * Support the Valuation and Line Actuaries regarding underwriting and pricing requests as well as special projects and business initiatives * Support review of assumption/methodology of reserve * Assist the Line Actuary with Basis Change impact review, and ensure all Basis Changes and capital implications are well understood by partners * Implement, review AXIS modeling changes; perform ad-hoc modeling in GGY AXIS as required **Required Qualifications:** * Actuarial designation (ASA) with 2+ years of proven experience in actuarial roles * Post-secondary education in Math/Computer Science, Actuarial Science or equivalent **Preferred Qualifications:** * Demonstrates sophisticated 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 s
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