As a Retirement Pricing Actuary on the Retirement and Wealth Finance team, you will play a pivotal role in supporting the US and Canada Retirement businesses by managing Retirement pricing models and conducting financial analysis for Guaranteed Products, such as the Stable Value Fund in the US and the Guaranteed Interest Account in Canada.
Your work will involve producing critical analyses to assist stakeholders, including Senior Management, Pricing, and Risk Management, thereby directly contributing to our mission of optimizing financial outcomes and ensuring robust product governance.
This opportunity allows you to deepen your expertise in Canada and US Retirement products, collaborate with multiple teams, and expand your professional network within GWAM and the broader Manulife Financial Corporation (MFC),
Position Responsibilities:
Serve as Retirement Pricing Actuary providing expert input across various product pricing initiatives and projects in US and Canada markets.
Ownership of guaranteed products portfolio, including playing the role of model expert on all guaranteed products modelling and model management activities.
Steward pricing assumptions for Retirement products, including ongoing monitoring of key experience-related assumptions.
Demonstrate a strong understanding Retirement Recordkeeping business, pricing framework, including capital requirements under both US and Canada regulatory frameworks.
Facilitate collaboration with various pricing partners to support pricing strategies, risk management, capital management and ALM activities for Balance Sheet supported products.
Support underwriting of large opportunities through leading pension plan level financial analysis, overall pricing, pricing credits, and monitoring of sales incentive programs' performance. This will include developing models to support Plan Level analysis, producing financial reports, and providing insights on key performance indicators.
Support financial analysis and reporting to senior management.
Assess pricing initiatives' impact on profitability and other key metrics, driven by strategic business considerations.
Partner with Product, Pricing, Actuarial, Risk, Capital Management, ALM, and other collaborators to achieve business and company goals.
Support ongoing optimization of business and modelling processes, including automation of manual processes.
Required Qualifications:
University degree in Accounting, Actuarial Studies, Finance, Data Analytics, Statistics, Mathematics, or related fields, with substantial experience in progressive finance roles. Professional designation preferred (FSA, FCIA, ASA, ACIA, etc.).
Proven work experience in financial, pricing, or actuarial analysis, modeling, and reporting.
Experience in IFRS reporting and capital management, with a proven track record of applying these skills within the @context of retirement finance and pricing strategies.
Advanced or expert-level knowledge of Moody's AXIS, Integrated Asset-Liability modelling, Excel, Financial Modeling, Reporting programs, VBA coding, PowerPoint.
Self-starter with the ability to balance multiple priorities in a demanding, deadline-driven environment.
Strong work ethic, positive attitude, and eagerness to learn and take on new responsibilities.
Strong interpersonal skills and ability to collaborate across departments within the organization.
Exceptional analytical and problem-solving skills; attention to detail; innovative and strategic problem solver.
Strong verbal and written communication skills to effectively engage with diverse groups.
Ability to work both independently and within a team to support broader Retirement initiatives.
Capable of making recommendations based on sound judgment from financial, pricing, and actuarial data and analytics.
Preferred Qualifications:
Working knowledge of United States and Canada retirement products, and balance sheet based investments products with embedded guarantees.
Strong business sense with the ability to communicate technical concepts and pricing results clearly and concisely.
Bilingualism (English and French) is an asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.
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
If you are applying to this role in Massachusetts , please note the salary range is $92,475 - $160,290 USD. Additionally, employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance .
The role being advertised is an existing vacancy.
Acerca de Manulife y John Hancock
Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite http://www.manulife.com .
Manulife es un empleador que ofrece igualdad de oportunidades
En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente.
Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a hr@manulife.com .
Referenced Salary Location
Toronto, Ontario
Modalidades de Trabajo
Híbrido
Salary range is expected to be between
$103,270.00 CAD - $153,270.00 CAD
Los empleados también tienen la oportunidad de participar en programas de incentivos y recibir una compensación vinculada al rendimiento empresarial e individual. El salario real variará según las condiciones del mercado local, la geografía y factores relacionados con el puesto como conocimientos, habilidades, requerimientos, experiencia y educación/formación. Si solicitas este puesto fuera de tu ubicación principal, por favor escríbenos a hr@manulife.com para conocer el rango salarial correspondiente a tu ubicación.
Manulife ofrece a los empleados aptos una amplia variedad de beneficios personalizables, entre ellos, beneficios de salud, odontológicos, de salud mental, oftalmológicos, por discapacidad a corto y a largo plazo, cobertura de seguro de vida y por muerte accidental y desmembramiento, adopción/subrogación y bienestar, y planes de asistencia al empleado/familiar. También ofrecemos a los empleados admisibles varios planes de ahorro para la jubilación (incluidos planes de pensiones y un plan mundial de propiedad de acciones con contribuciones equivalentes del empleador) y recursos de asesoramiento y educación financiera. Nuestro generoso programa de tiempo libre remunerado en Canadá incluye feriados, vacaciones, días personales y días por enfermedad, y ofrecemos la gama completa de ausencia laboral reglamentaria. Si se está postulando para este puesto en los EE. UU., póngase en contacto con hr@manulife.com para obtener más información sobre las disposiciones relativas al tiempo libre remunerado específicas de EE. UU.
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