As an Actuarial Manager on the Global Retirement Finance - Pricing team, you will play a pivotal role in supporting the US and Canada Retirement businesses by managing 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 guaranteed products, collaborate with multiple teams, and expand your professional network within GWAM and the broader MFC! Position Responsibilities: Serve as a Model Expert with ownership of guaranteed products modelling and associated model management activities. Steward pricing assumptions for guaranteed products, including ongoing monitoring of key experience-related assumptions. Demonstrate a strong understanding of capital requirements under both US and Canada regulatory frameworks. Facilitate collaboration between the Global Retirement Finance team and Retirement Pricing teams for pricing strategies and risk monitoring of Guaranteed Products. Lead financial analysis at the Plan Level for overall pricing, pricing credits, and monitoring of sales incentive programs’ performance. 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 stakeholders to achieve business and company goals. Develop models to support Plan Level analysis, produce financial reports, and provide insights on key performance indicators. Support ongoing optimization of business and modelling processes, including automation of manual processes. Required Qualifications: Bachelor’s 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 thinker. Strong verbal and written communication skills to effectively engage with diverse groups. Ability to work both independently and within a team to support broader Global 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 acumen with the ability to communicate technical concepts and pricing results clearly and concisely. 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 Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html. 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. Referenced Salary Location Toronto, Ontario Working Arrangement Hybrid Salary range is expected to be between $86,250.00 CAD - $155,250.00 CAD If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact recruitment@manulife.com for more information about U.S.-specific paid time off provisions. We're Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go. We’re proud of our accomplishments and recognitions. Recent awards include: 2024 Gallup Exceptional Workplace Award Winner Manulife Named one of Forbes World’s Best Employers 2023 Best Companies to Work for in Asia 2023 We’ve been recognized as one of Canada’s Top 100 Employers (2024) Manulife included in Bloomberg’s 2023 Gender-Equality Index To receive our latest job opportunities directly to your inbox, create an account or sign in and navigate to the ‘Job Alerts’ section located in the top right corner of the page. From there, you can sign up to receive job alerts. Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.
