Manager and Model Expert at Manulife
Toronto, ON M4W 1E5, Canada -
Full Time


Start Date

Immediate

Expiry Date

12 Nov, 25

Salary

86250.0

Posted On

12 Aug, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Business Acumen, English, Interpersonal Skills, French, Thinking Skills, Axis

Industry

Financial Services

Description

The Canadian ASSC Group Benefits (GB) Valuation team handles actuarial reserve reporting and manages insurance and interest risk capital for the GB segment, supporting business operations.
As a senior member of the GB Valuation team, your main responsibility is to deliver timely and accurate liability modeling and analytics. This includes executing and initially analyzing all IFRS and client reserves, sensitivities, and capital calculations, while maintaining valuation models and procedures. This role offers growth opportunities in understanding group benefits concepts (e.g., IFRS 17, LICAT, complex financial arrangements), and developing communication, best practices, and leadership skills.
Reporting to the GB Line Actuary, you will collaborate with the GB Valuation team, including the Valuation Actuary (AVP), and interact with Pricing team, the accountant finance team, Capital Management, Group Actuarial functions, and GABS.

REQUIRED QUALIFICATIONS:

  • Fellowship Actuarial designation (FSA, FCIA) with 5+ years of relevant experience.
  • Proficiency in Moody’s Axis.

PREFERRED QUALIFICATIONS:

  • Good business acumen with ability to communicate complex actuarial concepts and results in a clear and manner.
  • Excellent analytical, problem-solving, and creative-thinking skills as well as ability to process large amounts of information and summarize effectively.
  • Strong communication and interpersonal skills with the ability to collaborate, negotiate and influence.
  • Ability to successfully manage projects and deliver timely results.
  • Strong professional judgment, ability to assess risks, as well as to effectively identify opportunities for improving efficiency and methodology.
  • Excellent customer focus and commitment to quality.
  • 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.
Responsibilities
  • Serve as model steward for liability models and calculators.
  • Guide modelers and ensure compliance with model council guidelines.
  • Coordinate with system teams during quarter-end processes.
  • Oversight of monthly and quarterly IFRS and client reserve calculations.
  • Oversight of quarterly LICAT insurance risk and interest rate risk calculations.
  • Oversight of the development and review of off-cycle and annual Basis Changes.
  • Plays a key role in the achievement of process improvement and best practices.
  • Mentoring actuarial students/analysts supporting various initiatives and projects and communicating results or recommendations to various stakeholders.
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