Director & Actuary, US NAIC and Tax Valuation

Manulife•Waterloo, ON

6d•$128,550 - $222,820•Hybrid

About The Position

This is a unique opportunity to combine technical actuarial expertise with strategic business impact. You'll lead critical tax valuation deliverables, contribute to key regulatory submissions, and collaborate across Finance, Tax, Legal, and Actuarial teams to support the company's financial strength, regulatory compliance, and growth objectives.

Requirements

Actuarial designation (FSA / FCIA) with 5+ years of relevant experience in progressive actuarial roles
Fluency in Tax, NAIC valuation and accounting methodology is an asset
Prior valuation exposure and/or familiarity with US products is an asset
Excellent analytical, actuarial, and problem-solving skills with ability to analyze results, identify root issues & key drivers, and propose and communicate appropriate solutions.
Strong communication and interpersonal skills
Self-motivated with strong organizational skills and adaptability to fast-changing priorities
Proactive with an ability to work on cross-functional teams as well as independently

Nice To Haves

You obsess about customers, listen, engage and act for their benefit.
You think big, with curiosity to discover ways to use AI 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.

Responsibilities

Own the various Tax reserve deliverables including Tax basis change memo, determination of the spreadable Tax basis changes, E&Y Tax questionnaires and other Tax accounting treatment deliverables.
Provide expert guidance on complex tax and actuarial valuation issues, influencing decisions across Finance, Tax, Legal, and senior leadership teams.
Prepare technical responses to regulatory, audit, and IRS inquiries.
Analyze consolidated NAIC financial results for US legal entities, including delivery of clear, concise, value-added analysis and commentary on earnings & reserves to US Finance & Actuarial.
Present the US NAIC Legal entities financial results to Senior Management.
Lead planning, coordination, preparation, and review of regulatory NAIC Actuarial financial results / reporting including Asset Adequacy Testing (AAT) results and Actuarial Opinion Memoranda (AOMs).
Oversee actuarial filings across US legal entities and product lines.
Author and review key sections as needed - liabilities, valuation assumptions, asset adequacy analysis, and reinsurance arrangements.
Ensure compliance with evolving statutory requirements, valuation standards, and regulatory guidance.
Offer governance support to other NAIC staff by researching actuarial and accounting questions, clearly communicating findings, and proposing solutions.
Other research and projects as assigned, including valuation reviews of assumptions and methodology, as needed.
Partner with AI and digital innovation teams to modernize valuation processes and explore emerging technologies.
Responsible for maintaining various materiality threshold and quarterly guidance document.
Opportunity to work with new tools and collaborate with AI champions to modernize current tools.