Valuation analyst Jobs in Waterloo, ON

Overview :

Reporting to the Bermuda High Net Worth Line Actuary, the Senior Actuarial Associate is a key player of the IFRS Valuation team and is responsible for the valuation, earnings analysis and reporting activities for the Bermuda UL and Indexed UL products. In this ever evolving business and financial reporting environment, this role will provide an ideal opportunity to support the earnings analysis provided to senior management, while also working with seasoned actuarial and accounting professionals.

Key Accountabilities :

• Responsible to produce quarterly IFRS reserves and analysis, including Driver of Earnings, and contribute toward a continued robust RMA / DOE framework
• Drive enhancement of IFRS17 valuation and reporting tools, methodologies and processes, and streamline where appropriate, while ensuring it is being performed in compliance with applicable internal guidelines and actuarial standards
• Conduct the valuation reviews and controls of assumptions and methodology as part of the tri-annual and off-cycle basis change process
• Work with inforce management on various initiatives with respect to valuation implications and re-rate activities.
• Lead the LICAT cash-flow review and reporting
• Perform various valuation deliverables to Group Functions and other stakeholders (e.g. Appointed Actuary's Report, Reserve sensitivities, etc.)
Job Requirement :
• ASA / ACIA
• In depth knowledge of IFRS17 actuarial principles
• Prior valuation exposure and / or familiarity is an asset

Competencies :

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 [email protected].

Primary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

75,180.00 CAD - $139,620.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] 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 [email protected] for more information about U.S.-specific paid time off provisions.