Actuarial Assistant Manager / Manager, Model Risk Management

Job title: Actuarial Assistant Manager / Manager, Model Risk Management

Company: Manulife


Job description: The OpportunityWe are currently searching for a talented and driven individual to join our Model Risk Management team within our MBPS Actuarial Function as an Actuarial Assistant Manager/Manager, providing actuarial technical support to the accomplishment of actuarial projects. Established in 2012, the team has become an actuarial center of excellence, with over 200 staff and growing, along with increasing range and ownership of deliverables, specializing in Valuation, Liability and Asset Modelling, Experience Analytics, Pricing, and more.MBPS Actuarial offers a wide range of global opportunities across multiple actuarial disciplines, a high performing culture, a market leading actuarial development program, a job rotation program, and a leadership team dedicated to your growth and success.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 mindset 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

We are looking for someone with:

• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Finance, or related field
• At least 7 years of actuarial work experience in Insurance or Financial Services
• Associate designation in any recognized actuarial organization (SOA, ASP), with meaningful progress towards Fellowship.
• Excellent proficiency in MS Office (Excel, VBA, Access), GGY AXIS, SQL, Qlikview, Python or similar programs
• Demonstrated experience in applying actuarial concepts to independently model and analyze actuarial financial metrics
• Proven analytical and problem-solving skills with the ability to gather, synthesize, organize, and report information, results, and recommendations to various levels across the organization
• Strong ability to establish priorities and manage multiple tasks with accuracy and attention to detail, for self and others.

Key Responsibilities:

• Perform model validation of high-risk models to ensure alignment of contract specifications and actuarial model inputs, as well as to capture financial risks.
• Develop detailed plan for spot-checking tasks, including reconciling data extracts against admin system, comparing product features and assumptions, actuarial reports, etc.
• Document processes, tests and findings comprehensively
• Develop stochastic scenarios for investment products
• Calculate the impact of market changes on public equity exposures.
• Collect and distribute information on changes to macro-economic factors impacting portfolios.
• Coordinate with business units to quantify block-level impact for identified issues

Our commitment to you:

• Our mission: to be a part of making Decisions Easier and Lives Better
• A leadership team dedicated to your growth and success
• A bold ambition and set of goals to be a leader in driving transformation in our industry
• Our best. Every day.

About Manulife and John HancockManulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit .Manulife is an Equal Opportunity EmployerAt 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 .Working Arrangement Hybrid

Expected salary:

Location: Quezon City, Metro Manila

Job date: Sun, 16 Mar 2025 03:36:33 GMT

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