Appointed Actuary Team Lead

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

**Working Arrangement**

Hybrid

**The opportunity**

The customer is the focus of everything we do, and millions of end users rely on our products daily. We believe in the value of empowering the staff with the resources to solve critical problems for the future of our business, which is why we need you.

We are seeking a qualified Actuary with relevant local experience to enhance our local valuation process and controls and to support statutory valuation and capital requirements for business growth.

Key responsibilities
- Coordinate and manage Appointed Actuary-related deliverables to regulators and MLS Board of Directors. This includes but is not limited to local Actuarial Investigation Report, MAS Stress Test, local capital management and planning, local statutory reporting (RBC2) and par fund management.
- Enhance process, controls and governance in local capital, and statutory valuation to ensure standards of practice are followed
- Manage production of RBC2 reserves and capital for statutory reporting. Provide production support for annual local GAAP reporting (FRS 117, ie Singapore version of IFRS 17), as well as quarterly interim reports
- Drive adherence to statutory regulations, and corporate compliance and risk management policies.
- Support Appointed Actuary in new product and sales campaign assessment and approval, including but not limited to review of pricing assumptions, reserving/solvency bases, modelling requirements etc. Provide advice to management on statutory assumptions and reserving considerations for new and inforce products, campaigns and business committees including but not limited to Investment Committee, ALCO, Product Steering Committee and Reinsurance Steering Committee. Ensure statutory reserves appropriately reflect business initiatives and management decisions.
- Share ad-hoc projects with other team leads. Manage and complete ad-hoc projects.
- Coach, develop and provide leadership to team members.
- Act as deputy to the Appointed Actuary.

**What motivates you?**
- You obsess about customers, listen, engage and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
- You thrive in teams and enjoy getting things done together.
- You take ownership and build solutions, focusing on what matters.
- You do what is right, work with integrity and speak up.
- You share your humanity, helping us build a diverse and inclusive work environment for everyone.

**What we are looking for**
- Qualified Actuary from a recognized Actuarial examination body.
- 12 years or above of Actuarial working experience, with experience in pricing, valuation and capital management a key advantage.
- Excellent communication skills, both written and spoken.
- Ability to manage and drive project completion within timeline.
- Ability to work independently and collaborate with other departments and Group / Regional office.
- Strong leadership and experience in developing junior staff members.
- Working knowledge of AXIS will be an advantage.
- Knowledge of Singapore capital and accounting regime will be helpful

**Our commitment to you**
- Values-first culture
- We lead with our Values every day and bring them to life together.
- Boundless opportunity
- We create opportunities to learn and grow at every stage of your career.
- Continuous innovation
- We invite you to help redefine the future of financial services.
- Delivering the promise of Diversity, Equity and Inclusion
- We foster an inclusive workplace where everyone thrives.
- Championing Corporate Citizenship
- We build a business that benefits all stakeholders and has a positive social and environmental impact.

**About Manulife and John Hancock**

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. 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