Manulife is an international financial services company headquartered in Canada, operating across insurance, healthcare, wealth management, investments, and retirement planning. Its products and services support customers in North America, Asia, and Europe as they manage long-term financial and health-related needs. With a large global workforce and operations spanning multiple markets, Manulife hires across business, technology, finance, insurance, and customer-focused teams. The company also emphasizes sustainability and an inclusive workplace culture.
Director Actuary, US NAIC and Tax Valuation
Lead US NAIC reporting, tax valuation, actuarial filings, and regulatory submissions for Manulife’s financial services operations.
Description
- Own major tax valuation deliverables.
- Support key regulatory submissions.
- Work with Finance, Tax, Legal, and Actuarial stakeholders.
- Manage tax reserve deliverables, including tax basis change memoranda, spreadable tax basis changes, E&Y tax questionnaires, and tax accounting treatment documentation.
- Advise on complex tax and actuarial valuation matters.
- Draft technical responses to regulatory, audit, and IRS inquiries.
- Assess consolidated NAIC financial results for US legal entities.
- Provide earnings and reserve analysis and commentary to US Finance and Actuarial teams.
- Present US NAIC legal-entity financial results to senior management.
- Lead the planning, coordination, preparation, and review of NAIC actuarial financial reporting, including AAT results and AOMs.
- Oversee actuarial filings across US legal entities and product lines.
- Write and review sections addressing liabilities, valuation assumptions, asset adequacy analysis, and reinsurance arrangements.
- Maintain compliance with statutory requirements, valuation standards, and regulatory guidance.
- Support NAIC governance by researching actuarial and accounting matters and recommending solutions.
- Review valuation assumptions and methodologies and complete other assigned projects.
- Work with AI and digital innovation teams to modernize valuation processes and evaluate emerging technologies.
- Maintain materiality thresholds and quarterly guidance documents.
- Partner with AI champions to modernize existing tools.
Requirements
- Actuarial designation such as FSA or FCIA.
- At least five years of progressively responsible actuarial experience.
- Knowledge of tax, NAIC valuation, and accounting methodologies is an asset.
- Experience with valuation and familiarity with US products is an asset.
- Strong analytical, actuarial, and problem-solving capabilities.
- Ability to interpret results, determine root causes and key drivers, and communicate suitable solutions.
- Effective communication and relationship-building skills.
- Strong organization and flexibility when priorities change quickly.
- Ability to contribute effectively both independently and on cross-functional teams.
Benefits
- Flexible work arrangements.
- Support for employee well-being and inclusion.
- Health, dental, mental health, and vision coverage.
- Short- and long-term disability insurance.
- Life and AD&D insurance coverage.
- Adoption and surrogacy benefits.
- Wellness programs and benefits.
- Employee and family assistance plans.
- Retirement savings options, including pension and 401(k) plans.
- Global share ownership plan with employer matching contributions.
- Financial education and counseling resources.
- Up to 11 paid holidays each year.
- Three personal days annually.
- 150 hours of vacation annually.
- 40 hours of sick time annually, or more where legally required.
- Statutory leaves of absence.
- Reasonable accommodation throughout the application process.
- Incentive programs and compensation linked to business and individual performance.