Actuarial Specialist – Expense

Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you.

The Opportunity

The customer is the focus of everything we do, and millions of end users rely on our products daily. We believe in the value of empowering Bancassurance Analyst with the resources to solve critical problems for the future of our business, which is why we need you. 

What motivates you?

• You obsess about customers, listen, engage and act for their benefit 
• You think big, with curiosity to discover ways to use your agile mindset and enable business outcomes 
• You thrive in teams, and enjoy getting things done together
• You take ownership and build solutions, focusing on what matters 
• You do what is right, work with integrity and speak up
• You share your humanity, helping us build a diverse and inclusive work environment for everyone 

We are looking for someone with: 

• Minimum Bachelor Degree, math/statistics/actuarial background is preferable, with minimum 3 years of work experience
• Fellow of an actuarial organization (e.g. PAI, SOA, IAAust, IA)
• Advance user of Microsoft Office (Word, Excel, Access)
• Demonstrate a good communication with other teams
• Preferable some prior knowledge of actuarial software (AXIS)
• Fluent in English

Nice to Haves: 

• Ability to build and manage relationships with the key internal stakeholders

On the job you will: 

• To review the monthly accrual of several PRE components such as campaign, conference, performance bonus, and marketing allowance.
• Work closely with accounting, compensation, and Generals team in regards of PRE accrual booking.
• To provide monthly expense allocation assumption for Total Controllable Expense to be split into several Line of Business (Insurance, Other Wealth, Group, and Pension) and the split into IFRS17 portfolio
• Produces an accurate and timely monthly Expense allowable figures including the movement analysis.
• To provide the forecast of Expense Gap and PRE including the movement analysis and expense gap projection for Business Planning
• To conduct study of Expense Allowable & Allocation assumptions and maintain them for KPI reporting purposes.
• To support ad-hoc actuarial projects related with other teams.

Our commitment to you

• Our mission; to be a part of making Decisions Easier and Lives Better

• A leadership team dedicated to your growth and success 
• A bold ambition and set of goals to be a leader in driving transformation in our industry 
• Our best. Every day. 

Learn more about opportunities with us at jobs.manulife.com    

Every career at Manulife provides the opportunity to learn new skills and move your career forward. Ready to make an impact somewhere? What are you waiting for? Apply today!

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.