As part of the Actuarial Valuation team within Manulife Investments, the successful candidate will work with several complex models used in the determination of financial disclosure. Reporting to the Valuation Control Manager, the Valuation Analyst will be integral to ensuring the ongoing integrity of the models being used to report financial results.
Valuation System Spot Checking activities for Fixed, Segregated Unhedged, and Segregated Hedged Products in both IFRS and USGAAP basis:
Develop spot checking tools (e.g., Excel calculators) to independently replicate the results produced by AXIS and Atlas;
Spot Checking Working Papers;
Communication with Internal and External Auditor's regarding Spot Checking work performed.
Valuation Model Change Management Post Implementation Control and Meeting Minutes;
Segregated Unhedged Model Risk Documentation;
Model Risk Business Unit Coordinator: Inventory management, documentation submissions, issue tracking, and communication with the Model Vetting team;
Assist with Project to assess risk over all Valuation Spreadsheets and align effective controls;
Monthly and Quarterly Admin Data Quality Assessment Process;
Assist with Project to implement Sharepoint for various Valuation activities via testing strategy development, staff training, and roll out;
Business Unit Continuity Plan updates and annual testing;
Assist the Valuation Control Manager with various actuarial risk initiatives.
Post-secondary education in Actuarial Science, Math, Economics or equivalent experience;
GGY AXIS and Atlas knowledge or able to acquire such knowledge;
Knowledge of the terminology and concepts of actuarial reserves;
Superior ability to comprehend complex calculations;
Detail oriented with the ability to learn new concepts quickly;
Ability to communicate technical and non-technical issues to a wide variety of audiences;
Ability to manage multiple projects;
Ability to work collaboratively;
Ability to find creative solutions given an ambiguous process;
Adaptable and flexible.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$512 billion (US$512 billion) as at March 31, 2012. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at
CA-ON-*Kitchener / Waterloo
19 Aug 2012 23:59:00
Analyst, Financial, Insurance Manulife Financial - 10 months ago