Actuarial Director
2 months ago
We are seeking an experienced Actuarial Director to lead our Par Management team in Hong Kong. As a key member of our senior actuary leadership team, you will be responsible for leading the company's Par policyholder dividend recommendation, Par fund guideline compliance, and other related reporting.
Key Responsibilities- Lead participating ('Par') policyholder dividend recommendation processes, formulate proposal to chief actuary, and facilitate stakeholders' review.
- 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.
- 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
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. 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.
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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