Job Description

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. 

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 system solutions 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.

With the IFRS 17 reporting basis effective on year 2023 and adopt globally, the Asia VSSC is also responsible for the end to end reporting process for IFRS 17 basis, with quarterly IFRS 17 results to fulfill audit requirements and also implements prioritized items for IFRS 17 Actuarial system development to ensure quality results will be delivered.

The role supports the Head of Valuation Production & Reporting Process, Asia and Asia Country Lead in production deliverables, model output and downstream reports analysis support.

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.

Responsibilities

• Support Actuarial model change and report analysis.  Provide advice on modeling approach and insights on the efficiency.
• Provide advice on results validation on developed IFRS 17 solution focusing on accuracy and efficiency
• Consolidate, analyze and explain the financial and data analysis results to the manger
• Provide training to junior staff on modeling skills, reporting knowledge, coaching and review their deliverables
• Provide documentation and training to other team members on the subject matters
• Provide ad-hoc support to the team as resource pools if needed

What we are looking for

• Internationally recognized Actuarial designation such as ASA/FSA/FCIA (or good progress on actuarial exams), and more than 4 years’ of Actuarial experience.

• Preferable of having managerial experience.

• Strong analytical and problem solving skills with demonstrated ability to work with complex financial issues and concepts.

• Strong communication skill, both written and oral. Able to translate technical reporting and audit requirements into common terminology

• Ability to manage multiple priorities and deadlines.

• Proactive attitude and good team player.

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.

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 $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

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.

Job Requirements