Actuarial Specialist

Manulife•Waterloo, ON

1d•CA$69,150 - CA$115,250•Hybrid

About The Position

The Canadian ASSC Group Benefits (GB) Valuation team is responsible for the reserve and capital of the GB segment and provides ongoing support to the business. Thanks to the dynamic nature of GB, there is a regular flow of stimulating initiatives such as inquiry related to the support of clients, reporting of earnings and Basis Change. As part of the GB Valuation team, you will have a lot of developmental opportunities, such as increasing your knowledge of key aspects of group benefits (e.g., products, financial arrangement, IFRS 17, LICAT, etc.) as well as your communication skills. The role involves working closely with the GB’s Valuation and Line Actuaries. You will also have the opportunity to collaborate with Pricing team, the accounting & finance team, Group Finance Actuarial, Group Capital Management and IS.

Requirements

Actuarial designation (ASA) with 2+ years of proven experience in actuarial roles
Post-secondary education in Math/Computer Science, Actuarial Science or equivalent

Nice To Haves

Demonstrates sophisticated knowledge regarding technical aspects of work; able to review data or results (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed
Self-starter with the ability to work independently, particularly in using sound, independent judgment, problem-solving and analytical skills
Maintains composure and effectiveness in high-pressure environments, demonstrating confidence and resilience when navigating challenges and setbacks.
Strong interpersonal skills with the ability to collaborate, negotiate and have strong influence
Results oriented, able to handle expectations, work under tight deadlines and handle contending priorities
Proficiency in GGY Axis

Responsibilities

Support the monthly/quarterly reporting process, including partnering with the Business Unit Finance to explain financial results
Support the Valuation and Line Actuaries regarding underwriting and pricing requests as well as special projects and business initiatives
Support review of assumption/methodology of reserve
Assist the Line Actuary with Basis Change impact review, and ensure all Basis Changes and capital implications are well understood by partners
Implement, review AXIS modeling changes; perform ad-hoc modeling in GGY AXIS as required