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Senior Director, Audit and Advisory Services

2 months ago


Toronto, Ontario, Canada Company 1 - The Manufacturers Life Insurance Company Full time

Job Summary

The Senior Director, Audit and Advisory Services is a key leadership role responsible for the management and day-to-day execution of audit activities within the overall actuarial risk framework. This includes Corporate Pricing Standards, Corporate Valuation Standards, SOX, and AuG-43.

Key Responsibilities

  • Develop and manage a risk-based audit plan based on the risk assessment of the actuarial audit universe to ensure adequate audit coverage.
  • Provide leadership on ways to further improve the effectiveness, efficiency, and consistency of audit services globally.
  • Assist business unit management to discharge their responsibilities by providing risk management consulting support, education, and training, and by maintaining a business-partner relationship.
  • Contribute to the development of Audit Services policies, strategy, and direction; continually improve audit and administration processes using technology to the fullest.
  • Manage Audit Services' resources efficiently, economically, and effectively.
  • Assist with preparation and presentation of reports to Audit Committees of Segment subsidiary companies.
  • Recruit high-caliber staff and provide appropriate development and training utilizing the Audit Services Core Competencies model.
  • Liaise with members of the Actuarial Development Program Committee and support actuarial rotations for the development of Actuaries globally.

Requirements

  • Ability to quickly understand business processes and their risk implications, analyze complex situations, reach appropriate conclusions, make value-added and practical recommendations, and influence management to take appropriate actions on recommendations.
  • Excellent knowledge of audit methodologies, control frameworks, and risk management practices, and regulatory requirements.
  • Solid understanding of risks managed in the company's actuarial areas, including product development, product pricing, reserve valuation, model risk, reinsurance, capital management, and actuarial oversight functions.
  • Proven ability to work effectively in diverse environments and cultures, over a number of office locations.
  • Ability to effectively communicate ideas and recommendations orally and in writing, at Segment and Group levels, and to listen and consider ideas of others.
  • Excellent customer focus and commitment to quality.
  • Results-oriented; ability to balance multiple priorities and projects.
  • Strong relationship skills, including a demonstrated ability to deal effectively with CFOs and business unit SVPs, VPs, and AVPs.
  • Proven leadership and management skills in achieving departmental, project, and individual objectives, and in developing staff.
  • Actuarial or accounting designation with relevant post-qualification experience in actuarial areas.

Working Environment

The Senior Director, Audit and Advisory Services will work in a dynamic and fast-paced environment, collaborating with senior executives, actuarial and insurance product management areas globally, and other stakeholders to deliver high-quality, professional, cost-effective, beneficial, and risk-based internal audit services.

What We Offer

Manulife offers a competitive salary and benefits package, a growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills, a focus on growing your career path with us, flexible work policies and strong work-life balance, professional development and leadership opportunities, and a values-first culture that leads with our values every day and brings them to life together.