Job Description

Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you.

Working Arrangement

Hybrid

Job Description

The opportunity

The Asia Valuation Shared Services Center (VSSC) is a centralized team with team members located across Asia Division servicing Asia BUs. The VSSC is responsible for providing timely and accurate liability modeling services and analytics to the Asia Business Units. These services include the execution, assembly, and initial analysis of all IFRS and local reserves, sensitivities, and capital calculations, as well as the maintenance of associated valuation models and procedures.

Responsibilities

• Develop, validate, and implement model changes, (such as basis changes, new products, and other model enhancements) into our production models following VSSC Model Change Management guidelines, ensuring models are up to accepted modeling principles.
• Monitor and manage the successful execution of our quarterly controls such as reserve movement analysis, audit logs, inclusion controls, upstream report validation for the Source of Earnings, New Business Embedded Value and Canadian/Local capital reporting.
• Support business units with various annual and ad-hoc projects such as Basis Changes, regulatory requirements/changes, and annual audit requirements.
• Effectively communicate the status and results of the changes to the Country Lead and local Business Units.
• Identify and implement solutions to improve the VSSC tools, processes, and general framework.
• Support Asia Country Lead in actuarial model and report review. Provide advice on modeling approach and insights on the efficiency.
• Provide training to junior staff on modeling skills, coaching and review their deliverables
• Provide ad-hoc modeling support to the team as resource pools if needed
  

How will you create impact?
Reporting to the Head of VSSC, the incumbent will be responsible for supporting the Head of VSSC and Asia Country Lead directing the activities of actuarial staff within the VSSC. The incumbent who possesses good modeling knowledge will be able to assist the Asia Country Lead in translating the reporting requirements into modeling as the modeling advisor within VSSC. This also involves providing insights to the Country Lead in setting up models efficiently.

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

• Bachelor’s Degree in Actuarial Science, Mathematics, or Statistics
• 2+ years of actuarial experience in the life insurance industry. Experience in modelling and valuation would be an asset. Understanding of regulations and familiarity in the manner of operations of the business unit is a big plus.
• Strong technical and analytical skills, with experience in applying actuarial concepts to independently model and analyze actuarial financial metrics. Experience with AXIS modeling would be an asset
• Ability to clearly communicate ideas, concepts, and results to various stakeholders.
• Ability to meet tough deadlines and clearly set own priorities.
• Ability to work in an evolving and dynamic environment and resilient to pressure.
• Self-motivated with strong interpersonal skills and has demonstrated team collaboration.
• Passion to grow and driven to be recognized as a trusted business partner.
  

What can we offer you?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.
  

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.

Every career at Manulife/John Hancock provides the opportunity to learn new skills and move your career forward. Ready to make an impact somewhere? What are you waiting for? Apply today.

About John Hancock and Manulife

John Hancock is a unit of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife globally, including Canada, Asia and Europe. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.3 trillion (US$1.1 trillion) as of June 30, 2021. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com .

One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including life insurance , annuities , investments , 401(k) plans , and education savings plans . Additional information about John Hancock may be found at johnhancock.com .

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 recruitment@manulife.com .