Actuary, Product and Insurance Risk Management - Toronto, Canada - Manulife

Manulife

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

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.

Working Arrangement
Hybrid

This role is part of the broader Product and Insurance Risk Management team, which is responsible for supporting the Company's Strategic Plan by ensuring that risks related to product development, pricing, underwriting, claims management, experience analysis and reinsurance are fall within risk appetite.

Reporting to the Deputy Head, Global PIRM, and working very closely with the Head of Underwriting and Claims Management, the individual will be heavily involved in developing and overseeing underwriting and claims standards across the organization.

In so doing, the individual will gain a global perspective with a view of all our businesses in Asia, Canada, and US while also having an opportunity to gain diverse exposure and profile by working with individuals across the organization in all operating segments.

Key Responsibilities:

Support the development and oversight of underwriting and claims risk management policies, standards and guidelines
Coordination of regular underwriting and claims risk reporting for senior management (e.g. overretention report, geographic concentration of risk, sales ban review, annual underwriting and claims selfassessment questionnaire, audit summaries, etc)
Member/attendee of Underwriting and Claims Committee, internal technical groups (i.e. Technical Underwriting Committee, Technical Claims Committee) and internal/external working groups on emerging risk topics (COVID, climate change, etc.)
Lead and support the development of key initiatives, including testing of the Global Client Index

Qualifications:

ASA designation, or equivalent
Prior product development experience is an asset
Strong verbal and written communications skills
Strong relationship management skills and ability to work effectively within and across departments, including available to attend evening meetings 23 times per week
Ability to handle multiple projects of varying priorities levels and scope
Expertise in PowerBi is an asset

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

Salary & Benefits
The annual base salary for this role is listed below.

Primary Location
Toronto, Ontario

Salary range is expected to be between
$103,050.00 CAD - $185,490.00 CAD

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short