Manager / Assistant Manager, Actuarial

Manulife FinancialWorkFromHome, Singapore, Singapore

1 day ago

Job description

Overview

This new actuarial role presents an exciting opportunity to shape the future of our Indexed Universal Life (IUL) product strategy by driving valuation insights and supporting key product development decisions. As part of our mission to deliver innovative and financially sound solutions, this role will contribute directly to ensuring robust modeling, regulatory compliance, and effective risk management.

The successful candidate will gain exposure to strategic initiatives, cross-functional collaboration, and the chance to influence new product implementation. With a supportive and inclusive environment, they’ll be empowered to grow their career while making a meaningful impact.

Responsibilities

Assessment of the RBC2 valuation process impact during the IUL product discussion stage
Review product assumptions
Support UL committee work and regular monitoring of the new money yield and hedging effectiveness.
Support the management of cap rate and earned spread review
Support MLRL monitoring of new products including capital relief
Work with VSSC on the modelling solutions for the IUL products and to ensure successful new product implementation into the models
Provide audit support and address audit queries on new assumptions / methodologies / processes / reinsurance arrangements
Ensure compliance to statutory regulations, relevant actuarial standards and company policies.
Support ad-hoc projects

Qualifications

Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field

Good progress with actuarial exams from a recognized Actuarial examination body.

At least 5 years of actuarial valuation experience.

Strong analytical and problem-solving skills

Excellent communication skills, both written and spoken.

Attention to detail and ability to work independently and as part of a team

Proficiency in statistical and actuarial software (e.g., Excel, SQL, Access, etc)

Working knowledge of AXIS will be an advantage

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

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

Working Arrangement

Hybrid

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Assistant Manager • WorkFromHome, Singapore, Singapore