Actuarial Director

5 days ago

Toronto, Ontario, Canada Manulife Full time
About the Role

We are seeking a highly skilled and experienced Actuarial Director to lead our Par Management team. As a key member of our actuarial leadership team, you will be responsible for providing strategic guidance and oversight to our Par Management team, ensuring that our business performance objectives are met.

Key Responsibilities
  • Lead participating ('Par') policyholder dividend recommendation processes, formulate proposal to chief actuary, and facilitate stakeholders' review including Canada group office.
  • Ensure compliance to regulatory requirements such as Hong Kong GL16, relevant guidelines in Macau and Canada, as well as other internal Par policies.
  • Manage the team members to deliver the abovementioned end-to-end processes including production of underlying actuarial calculations, Par governance policy regular review, dividend report to group office and the company's board of directors, fulfilment ratio reporting, and coordinate the dividend scale implementation in system.
  • Provide advice to chief actuary in specialized topics on Par valuation and product.
  • Lead other department priorities such as business financial planning.
  • Provide leadership and coaching to junior actuaries in the team.
  • Champion reporting processes improvement and efficiency.
Requirements
  • University Degree holder
  • Professional actuarial qualifications
  • At minimum 10 years' experience in insurance relevant industry
  • Solid actuarial knowledge and experience in par valuation and dividend management
  • Strong technical, analytical and problem-solving skills
  • Strong communication, presentation and influencing skills
  • Team leader who good at coaching and inspiring people
  • Able to manage to work flexibly under dynamic business environment
  • Effective command of English, both spoken and written
  • Experience in Hong Kong market par fund management an asset, yet not a must
  • Experience in AXIS actuarial modeling an asset, yet not a must
About Manulife

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.

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.

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