Manulife

Financial Services

AssociateActuary-ULValuation

$103–103k Toronto, Ontario, Canada FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Associate Actuary - UL Valuation at Manulife. Skills: Universal Life, Actuarial valuation, IFRS17, Reserves, Capital calculations. Contribute to change management. Contribute to process improvement”

What You'll Achieve.

Deliver accurate results; Deliver efficient results; Ensure integrity of reserves; Ensure integrity of capital calculations; Develop value generating initiatives

Industry & Context.

Financial Services
Problems you'll solve

Identify root causes; Problem-solving; Analytical skills

What They're Looking For.

Must Have

Actuarial designation (FSA, FCIA, ASA), 5+ years progressive actuarial roles, Advanced technical knowledge, Sound judgment, Problem-solving skills, Analytical skills, Ability to communicate complex topics, Interpersonal skills

Nice to Have

Previous Moody's Axis experience, Bilingualism (English and French)

What You'll Do.

Contribute to change management

Contribute to process improvement

Automate valuation reporting process

Deliver professional work products

Satisfy modelling requests

Contribute to IFRS reserves production

Contribute to LICAT capital production

Contribute to basis change activities

Contribute to financial reporting/disclosures

Support communications to senior management

Contribute to strategic initiatives

Develop subject matter expertise

Develop relationships

How You'll Work.

Team & Collaboration

Actuarial business partners; Senior management; Other functions; Pricing; Inforce management; Risk management; Operations; Accounting; Group Capital Management

Communication Scope

Communicate complex topics; Vulgarize technical topics; Senior management communication; Non-technical function communication

Process & Methodology

Manage expectations, Manage competing priorities

Full Job Description

Reporting to the UL line actuary, this position offers a unique opportunity to develop highly sought-after expertise on the Universal Life’s line of business, one of the largest and most complex business lines of the Canadian segment. In this role, you will support our mission to deliver accurate and efficient actuarial results and solutions, while building strong product knowledge and developing a solid IFRS17 foundation. As part of our team, the UL Associate Actuary fulfills a critical role in ensuring the integrity of reserves and required capital calculations, explaining the drivers of quarterly earnings, and collaborating with peers from other functions to develop and implement value generating business initiatives. **Position Responsibilities:** _Actuarial Modeling_ * Contribute to change management activities to meet stakeholder needs and company initiatives. * Contribute to process improvement initiatives to further automate the UL end-to-end valuation reporting process. * Contribute to the timely delivery of comprehensive and professional work products to satisfy the actuarial modelling requests of actuarial business partners. _Financial Reporting_ * Contribute to quarterly IFRS reserves and LICAT required capital production and reviews. * Contribute to 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_ * Contribute to strategic initiatives driven by other functions. _Leadership and Management_ * Develop sought-after subject matter expertise on UL model, products and assumptions. * Develop and manage relationships across the Canadian segment and with corporate functions (example: pricing, inforce management, risk management, operations, accounting, and Group Capital Management, to name a few). **Required Qualifications:** * Actuarial des

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