Actuarial Associate

The mandate of the Capital Management team within the Group Actuarial area is to oversee the Company's global capital management policy and, in partnership with other key stakeholders, ensure that the company maintains its strong capital position within the industry and efficiently meets regulatory, rating agency and other capital expectations. 

The position of Actuarial Associate, Stress Testing will play a key role in various stress testing functions and projects within Capital Management. The stress testing team is responsible for quarterly LICAT economic sensitivities, projection of LICAT capital, annual FCT analysis, ad hoc stress testing, internal target capital ratio(s) and the quarterly LICAT forecast.

Position Responsibilities:

• Quarterly LICAT economic sensitivities

• Projection of LICAT capital components for the annual business plan

• Modelling and reporting of financial impacts for the annual Financial Condition Testing (FCT) analysis, and year-over-year movement analysis

• Modelling and reporting for ad hoc stress testing analysis

• Preparation of presentational material for Head of Capital Management

• Preparation of capital inputs for Own Risk Solvency Assessment

• Provide capital support to other areas

• Collaborate on LICAT FCT and forecast process improvements and changes

Required Qualifications:

• ASA/ACIA qualification, or actively working towards the designations

• Bachelor's degree

• 2 years of relevant actuarial work experience

• Knowledge of Microsoft Excel, Word, and PowerPoint

Preferred Qualifications:

• Strong analytical and problem-solving skills as well as ability to process large amounts of information and summarize effectively

• Ability to manage time effectively and deliver high-quality results under tight deadlines

• Detailed oriented with high level of accuracy

• Strategic thinker with excellent analytical and problem-solving abilities

• Strong professional judgement, ability to assess risks as well as to effectively identify opportunities for improved efficiency

• Solid interpersonal and communication skills with the ability to communicate with people at multiple levels

• Ability to work collaboratively with individuals in Group Finance and other areas of the Company

• Familiarity with SQL, VBA, data visualization tools such as macros and Power Query in Excel an asset

When you join our team:

• As part of our global team, we'll support you in shaping the future you want to see.

• 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.   

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.