The customer is the focus of everything we do, and millions of end users rely on our products and services daily. We believe in the value of empowering our Actuarial Specialist with the resources to enhance and achieve our business performance objectives for the future of our business, which is why we need you.
The HK Corporate Actuarial department of Manulife is looking for actuarial students or qualified actuaries with solid financial reporting or capital management experience to join us.
Position Responsibilities:
1. HK Risk-Based Capital - optimization and implementation work related to the adoption of HKRBC regime:
- Production: Understand the existing production process of statutory reserves and financials, perform analysis and participate in RBC reporting process and control.
- Prepare financial projections under RBC basis and Stressed Scenario Testing for ORSA report to fulfill GL21 requirement
- Explore initiatives to optimize capital deployment under HKRBC basis and perform necessary sensitivity/scenario testing for management decisions
- Support monthly RBC estimate and adhoc requests from the IA.
- Work closely with modeling teams and pricing team on new product implementation, review the UAT results and understand the financial implications of subsequent model changes and assumption basis changes.
- Handle the regular capital submissions and related analysis (e.g. Local capital Plan, Financial Condition Testing and Target capital setting).
- Collaborate with pricing team in assessing the financial implications of product and business strategy, focusing on capital payback and new business profitability.
2. Macau capital management - support the local capital management function, mainly responsible for delivering the local valuation and solvency results and capital monitoring
- Deliver the monthly production of local statutory reserve.
- Support QIS exercise of Macau RBC framework
Required Qualifications:
- Actuarial Specialist: Degree holder of actuarial science, or related fields, and a minimum of 2 years’ of relevant working experience in the insurance industry
- Solid actuarial knowledge and experience in valuation and financial reporting.
- Strong analytical and problem-solving skills with demonstrated ability to work with complex financial issues and concepts.
- Strong technical/modeling skills, knowledge or experience in Microsoft Access, FoxPro, VBA and AXIS is an asset.
- Attention to detail.
- Good communication and interpersonal skills.
- Always demonstrate initiatives and commitment, and able to work independently.
- Able to manage multiple and conflicting requests from various parties.
- Effective command of English, both spoken and written.
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 [email protected].
Working Arrangement
Hybrid
