Non-par Line Actuary

Reporting to the Non-Par Valuation Actuary, the **Non-Par Trad and Living Benefits Line Actuary**is responsible for directing the activities of nine actuarial staff within the ASSC and MBPS. The Line Actuary is responsible for the actuarial reserves of the Traditional Life, Performax Gold, Critical Illness, and Disability lines of business, the preparation and explanation of quarterly drivers of earnings (DOE) package, oversight of all related modeling activities, and providing actuarial advisory support for the Retail business. The incumbent will possess the ability to work with people at all levels of the organization and manage conflicting stakeholder priorities. The Actuary will be responsible for leading a highly engaged team of actuarial professionals, challenging team members to step outside their comfort zone and embrace new processes and technologies.

The Non-Par Trad line actuary fulfills a critical role in ensuring the integrity of Cdn segment reserves and required capital calculations, preparing and explaining the drivers of quarterly earnings, including policyholder experience, and collaborating with peers in Pricing and in-force optimization to develop and implement value generating business initiatives.
- *This is a Hybrid opportunity (Tues, Wed, Thurs in office) open to any Canadian office location. _

**Position Responsibilities**:

- 3-5 years of leadership experience.
- Oversight of the preparation and explanation of quarterly driver of earnings for Trad, PGold, CI and DI lines of business.
- Oversight of IFRS 17 reserve calculations.
- Oversight of quarterly LICAT insurance risk and interest rate risk calculations.
- Provides value-added, clear and concise analysis and commentary on reserve and capital results to Valuation Actuary.
- Prioritizes the work of the team to meet client needs and company initiatives.
- Guides quarterly and annual financial reporting/disclosures of actuarial results, such as sensitivities, client reporting, Appointed Actuary’s Report.
- Provide expert opinion on experience monitoring/studies
- Oversight of basis changes related to Non-Par Trad and Living Benefits.
- Actively participates on project teams regarding pricing, new products and in-force initiatives.
- Manages the timely delivery of comprehensive and professional work products to satisfy the actuarial modelling requests of actuarial business partners.
- Plays a key role as part of the ASSC leadership team in the achievement of ASSC projects, the goals of process improvement and best practices in valuation reporting.
- Builds relationships and establishes a high level of credibility with Actuarial management across the Canadian Division particularly Business Unit CFOs, their teams and the VP & Chief Actuary.

**Leadership and Team Development**:

- Provides strong, proactive leadership to a team of highly engaged actuarial professionals. Allocates and monitors work of the team to ensure accurate and timely completion of assignments.
- Makes decisions regarding employment, compensation, performance appraisals, training and development.
- Cultivates an innovative environment by supporting creativity and high performance teamwork.
- Develop, coach, and mentor junior team members in a way that is meaningful to them.

**Required Qualifications**:

- Results oriented, able to manage expectations, work under tight deadlines and manage competing priorities.
- Actuarial designation (FSA, FCIA, ASA) with 7+ years of relevant experience in roles of progressive responsibility.
- Demonstrates advanced knowledge regarding technical aspects of work; able to review data or results for reasonability and identify root causes and drivers of results.
- Self-starter with the ability to work independently, particularly in the area of using sound, independent judgment, problem-solving and analytical skills.
- Remains calm and controlled in pressured and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles.
- Strong interpersonal skills with the ability to collaborate, negotiate and influence effectively.
- Excellent customer focus and commitment to quality.
- Demonstrated leadership talents in coaching and motivating staff to achieve objectives.
- Strong business acumen with ability to communicate complex actuarial concepts and results in a clear, concise, easy to understand manner.

**When you join our team**:

- We’ll empower you to learn and grow the career you want.
- We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we’ll support you in shaping the future you want to see.

LI-Hybrid

**About Manulife and John Hancock**

**Manulife is an Equal Opportunity Employer**

**Referenced Salary Location**

CAN, Ontario, Toronto, 200 Bloor Street East

**Working Arrangement**

Hybrid

**Salary range is expected to be between**

$105,750.00 CAD - $190,350.00 CAD

Manulife offers eligible e