Actuarial Associate- Global High Net Worth

About Us:

The Global High-Net-Worth (GHNW) Life Insurance Business was formed in 2023 to leverage Manulife's enterprise-wide capabilities in serving the high-net-worth customer segment. By integrating Manulife Bermuda with Manulife Hong Kong's and Manulife Singapore's International Brokerage Channel, the GHNW business capitalizes on the strengths of these three business units to accelerate growth in the HNW and Ultra HNW markets.

Job Description:

As part of the Global HNW Pricing Team, the individual will provide subject matter expertise and support to the Pricing Leads on various participating whole life, universal life, and indexed universal life pricing projects internationally. This role involves the development, design, modeling, and implementation of insurance products. Additionally, it includes the analysis, development, planning, and reporting of portfolio-level initiatives, such as emerging regulations, reinsurance treaties, annual planning cycles, periodic risk monitoring, and quarterly new business value reporting.

This position offers a diverse learning experience with the opportunity to interact with several experienced actuaries. The ideal candidate will possess strong analytical skills, proficiency in actuarial software, and excellent communication abilities, all while contributing to the growth of Manulife's Global HNW Life Insurance Business.

Key Responsibilities:

In this role, you will have exposure to and your responsibilities will include:

• Assist in the development of the mechanical design of insurance products to meet financial, regulatory, and competitive/marketing objectives.

• Support the creation and execution of customized algorithms for rate setting and pricing of new products.

• Collaborate with product managers and marketing teams to ensure rate solutions align with specified product objectives, and help adjust algorithms to achieve targeted financial results, including cash metrics, capital/reserve requirements, or multi-product portfolio-level outcomes.

• Assist in developing and maintaining accurate AXIS models for various pricing initiatives, adhering to company guidelines as outlined in Corporate Pricing Standards.

• Run models and communicate results to the Pricing Lead and other relevant stakeholders.

• Conduct financial analysis to explore and communicate the fundamental drivers of financial results, and suggest potential actions to achieve targeted outcomes.

• Assist in developing, documenting, and gating assumptions for various initiatives, including model simplifications, ensuring thorough risk assessment and financial impact analysis.

• Support ongoing improvements to the infrastructure and processes of the functional group and the department.

• Assisting the team responsible for Annual New Business Plan development, submissions, and approval, as well as quarterly NBV reporting, as needed.

What we are looking for:

• Actively working towards an FSA/FCIA designation.

• 3-5 years of experience in an actuarial or finance-related role.

• Strong Excel skills, with exposure to AXIS preferred.

• Effective communication and interpersonal skills to engage with both technical and non-technical audiences; ability to explain concepts and results clearly.

• Proactive and self-motivated, with the ability to take ownership and drive projects to completion.

• Quick learner, capable of adapting to new processes and applying existing knowledge efficiently.

• Ability to work effectively both independently and as part of cross-functional teams.

• Knowledge of Universal Life / Participating Whole Life products is a plus.

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.

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

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

Referenced Salary Location

Working Arrangement

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact for more information about U.S.-specific paid time off provisions.