Manager/ Assistant Manager, Actuarial
3 days ago
This new actuarial role presents an exciting opportunity to shape the future of our Indexed Universal Life (IUL) product strategy by driving valuation insights and supporting key product development decisions. As part of our mission to deliver innovative and financially sound solutions, this role will contribute directly to ensuring robust modeling, regulatory compliance, and effective risk management.
**Position Responsibilities**:
- Assessment of the RBC2 valuation process impact during the IUL product discussion stage
- Review product assumptions
- Support UL committee work and regular monitoring of the new money yield and hedging effectiveness.
- Support the management of cap rate and earned spread review
- Support MLRL monitoring of new products including capital relief
- Work with VSSC on the modelling solutions for the IUL products and to ensure successful new product implementation into the models
- Provide audit support and address audit queries on new assumptions/ methodologies/ processes/ reinsurance arrangements
- Ensure compliance to statutory regulations, relevant actuarial standards and company policies.
- Support ad-hoc projects
**Required Qualifications**:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field
- Good progress with actuarial exams from a recognized Actuarial examination body.
- At least 5 years of actuarial valuation experience.
- Strong analytical and problem-solving skills
- Excellent communication skills, both written and spoken.
- Attention to detail and ability to work independently and as part of a team
- Proficiency in statistical and actuarial software (e.g., Excel, SQL, Access, etc)
- Working knowledge of AXIS will be an advantage
**_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 is an Equal Opportunity Employer**
**Working Arrangement**
Hybrid
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