Senior Actuarial Manager

Job description

This role is to be based in **Yangon, Myanmar.**

**Position Responsibilities:**

+ **Product & Pricing (40%)**
+ Lead the design, pricing, and profitability analysis of innovative insurance products.
+ Develop and implement pricing strategies that balance competitiveness with profitability.
+ Collaborate closely with distribution, marketing, and product teams to align pricing with market needs and sales strategies.
+ Partner with the Regional Office to secure approvals for new product launches.
+ Proactively work with local regulator to secure product approvals and participate in industry sessions to promote actuarial expertise and knowledge.
+ Provide actuarial insights to influence product strategy and new business planning at the senior management level.
+ **Strategic Projects (20%)**
+ Closely involved in company’s strategic projects where actuarial expertise is required.

Examples of project scope include distribution growth strategy, capital optimization, etc.
+ Support the development and execution of company-wide strategies by delivering data-driven recommendations and scenario analyses.
+ Ensure alignment between actuarial outputs and broader business objectives, fostering a unified approach to achieving company goals.
+ **Valuation Reporting and Projects (15%)**
+ Ensure compliance with local regulatory requirements and international standards.

Collaborate with local regulatory body on the development of insurance regulations, including local reserve requirement, solvency.
+ Work closely with controllers team and Regional Office to ensure accurate reporting of financial statements.
+ Support relevant actuarial projections as required by Chief Actuary and/or Chief Financial Officer.

Examples of projects are annual experience study, implementation of new local regulations.
+ **Financial Planning & Analysis (15%)**
+ Act as a key liaison in actuarial team with FP&A team during regular forecasting process and annual financial planning cycle, including but not limited to analysis on P&L, new business profitability, capital requirement, collaborating closely with controllers team as well as other functions.
+ Monitor financial performance and identify potential risks and opportunities in the forecast and recommend actions to mitigate risks and capitalize on opportunities.

Provide strategic financial insights to support business decision-making.
+ **Team Leadership (10%)**
+ Support Chief Actuary in mentoring junior onshore & offshore actuaries, fostering a collaborative and high-performance culture.
+ Promote best practices and innovative approaches within the actuarial team.

**Required Qualifications:**

+ Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
+ At least Associate of a recognized actuarial professional body (e.g., SOA, IFoA) with good exam progress towards Fellowship.
+ Minimum of 7 years of actuarial experience, with at least 2 years in a managerial role.
+ Strong knowledge of valuation, pricing, and FP&A processes.
+ Excellent analytical, attention to details, problem-solving, and decision-making skills.
+ Proficiency in actuarial software and tools (e.g., Prophet, Moody’s AXIS)
+ Strong communication and interpersonal skills.
+ Ability to work effectively in a fast-paced and dynamic environment.
+ Experience in Southeast Asia markets is an asset.
+ Knowledge of IFRS 17 Standards is beneficial.

**_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.

**Acerca de Manulife y John Hancock**

Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor.

Para obtener más información acerca de nosotros, visite http://www.manulife.com .

**Manulife es un empleador que ofrece igualdad de oportunidades**

En Manulife/John Hancock, valoramos nuestra diversidad.

Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas.

Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente.

Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo.

Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud.

Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes.

Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a recruitment@manulife.com .

**Modalidades de Trabajo**

En la oficina

Required Skill Profession

Other General