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John Hancock

John Hancock

Actuarial Rotational New Graduate Program 2024

Actuarial Rotational New Graduate Program 2024

Job Details
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Uploaded On
September 27, 2023
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Location
Boston, Massachusetts
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Remote?
No
Company Overview
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Headquarters
Boston, MA
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Number of Employees
6700
Estimated Number of Actuaries
158
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
79%
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Overall Score
4.0 / 5

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We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. 

Working Arrangement

Hybrid

Job Description

Why you’ll love working here 

 

Ready to be a future leader of tomorrow? We have just the opportunity for you! Step into your potential with our exciting New Graduate opportunities where you will be empowered to make progress for yourself, our colleagues, and our customers around the globe! Join a supportive team and experience a values-first culture where your career development and wellbeing are just as important as the impact you will make on the job.  

 

Program Overview 

  • Students rotate every second year through a variety of roles that provide exposure to key actuarial disciplines such as pricing, valuation, financial modeling, marketing, risk management, asset liability management and corporate actuarial oversight 

  • This is accomplished through financial assistance for actuarial courses, study materials, textbooks, and seminars as well as competitive study time that is supported by managers.  

  • Actuarial Development Program members can expect roles with increasing levels of responsibility and compensation in conjunction with their work performance and successful progress through actuarial exams. 

 

How you will make an impact   

  • Manage financial models and produce results  

  • Produce the necessary calculations and analyze results and report on outcomes  

  • Present results and recommendations to the manager and other affected personnel in the actuarial area and the line functions 

  • Implement recommendations where deemed necessary by ymanager, by working with line area to incorporate change into the existing system and manual procedures 

  •  Provide support to the team by investigating a problem issue or area and communicating information and recommendations back to our leadership 

 

What you’ll bring to the team  

  • Strong analytical, quantitative, and problem-solving skills, eagerness to learn, and excellent verbal and written communication skills

  • University degree in Actuarial Science, Math, Finance, or a related discipline

  • Desire to set and exceed challenging goals with high energy and a drive for superior results

  • Teamwork and leadership qualities are essential to inspire and motivate others to achieve results

  • Excellent working knowledge of Excel is required; experience with AXIS or other actuarial software is an asset

  • Preference will be given to candidates who possess relevant actuarial or similar work experience, have successfully completed at least 1 SOA exam, and who demonstrate a strong commitment to attaining their FSA and/or FCIA designations in a timely manner. 

  • Actuarial internship experience is considered an asset

 

Application Instructions

  • Please submit a resume and cover letter

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

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 processAll 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.

Salary & Benefits

Salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. Please contact recruitment@manulife.com for additional information.

Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency

Company: John Hancock Life Insurance Company (U.S.A.)
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Working at 

John Hancock

Manulife Financial Corporation, a multinational insurance company and financial services provider, operates primarily in Asia, Canada, and the U.S. John Hancock, its major subsidiary in the U.S., offers a diverse range of insurance and financial products. Together, they focus on improving the health and wealth of their clients. With a rich history spanning over a century, they've established a strong reputation for their commitment to innovation, customer-centric approach, and robust actuarial practices, making them a prime choice for actuaries seeking growth and diverse opportunities in the financial world.

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