Job Description
The Actuarial Audit Team is a global team of actuarial professionals providing actuarial expertise and credibility for actuarial internal audit engagements.
The team is supplemented by audit professionals who support the actuaries with respect to audit methodology, project management and technical audit expertise.
Reporting to the Director, Audit and Advisory Services - Actuarial Audit, the Senior Manager, Audit and Advisory Services is accountable for planning and leading audit projects of all types (key risk audits, project risk reviews, defined procedures, SOX, and MAR audits, etc.
to deliver high quality, professional, cost-effective and valuable results. These services are within the overall actuarial risk framework and cover a wide range of topics, such as Product Development & Pricing, Valuation, Model Risk Management, Capital Management, Dividend Recommendation as well as Risk and Actuarial Oversight functions.
The position provides opportunities to enhance actuarial skills and build teamwork, leadership, communication and project management competencies, and exposure across various actuarial areas globally.
The mandate of Audit and Advisory Services is to provide independent and objective assurance and consulting activities to contribute to and improve the operations of the Company.
Audit Services assists the Company in achieving its Strategic Objectives through a well-adapted approach to evaluate the efficiency of the Company’s governance, risk management and internal control processes.
Responsibilities :
- Lead audit and advisory projects in accordance with department standards, within resource budgets and target dates, reporting any scheduling or budget over-runs to Director or AVP, and embrace Agile methodology.
- Perform fieldwork as needed to meet deadlines to complete audit work.
- Have adequate understanding of risks being handled by the unit being audited and develop audit scope and audit programs to evaluate the controls in place to mitigate these risks.
- Review test procedures and results to ensure that test objectives and documentation standards are met.
- Apply analytical skills and be open minded to explore different ways to audit, embrace and use data analytics to enhance audit coverage.
- Build and maintain strong relationship with management.
- Coach and mentor junior staff in the steam.
- Lead various SOX processes, assist in SOX / MAR Planning, and provide oversight during walkthrough and testing phases.
- Actively follow up on open issues with management, maintain open communication and owning the remediation testing of issues.
- Results oriented, ability to manage competing priorities and projects.
- Adapt to new process and technology and look for ways to gain efficiency.
What we are looking for :
- Audit and project management experience is required.
- 6 to 8 years of risk management, operations or equivalent business or advisory / consulting experience.
- Actuarial knowledge and related experience on actuarial processes such as reserves and capital valuation and reporting, product development and pricing, experience studies, are a plus.
- Minimum 2 years of life insurance experience, strong understanding of life and health insurance operations and products is required.
- Good understanding of life and health insurance operations, applicable regulations, and risks.
- Knowledge of SOX / MAR, Corporate Pricing and Valuation Standards, and financial reporting under IFRS and local regulations.
- University degree is required. A recognized accounting (CPA, CA) or auditing (CIA) designation is preferable, but not essential for candidates with good insurance industry experience.
- Knowledge of the data analysis tools is preferred.
- Strong written and oral communication skills, ability to effectively communicate ideas and recommendations, and to listen and consider ideas of others.
- Strong interpersonal skills including ability to work with and influence management at various levels of the organization.
- Ability to work efficiently in diverse environments and cultures.
What motivates you?
- You obsess about customers, listen, engage and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach 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.
What can we offer you?
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.
Our commitment to you :
Values-first culture
We lead with our Values every day and bring them to life together.
Boundless opportunity
We create opportunities to learn and grow at every stage of your career.
Continuous innovation
We invite you to help redefine the future of financial services.
Delivering the promise of Diversity, Equity and Inclusion
We foster an inclusive workplace where everyone thrives.
Championing Corporate Citizenship
We build a business that benefits all stakeholders and has a positive social and environmental impact.
LI-JH
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About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better.
With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States.
We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions.
At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers.
At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.
4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under 945’ in Hong Kong.
Manulife is an Equal Opportunity Employer
At Manulife / JohnHancock, we embrace our diversity. We strive to attract,developandretaina 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 toprovideequal 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 withapplicable laws and Manulife / John Hancock policies.
To request a reasonable accommodation in the application process, contact
Salary & Benefits
The annual base salary for this role is listed below.
Primary Location
Toronto, Ontario
Salary range is expected to be between
$84,375.00 CAD - $151,875.00 CAD
If you are applying for this role outside of the primary location, please contact for the salary range for your location.
The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education / training.
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption / surrogacy and wellness benefits, and employee / family assistance plans.
We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources.
Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence.
If you are applying for this role in the U.S., please contact for more information about U.S.-specific paid time off provisions.