Retirement Pricing Actuary, Retirement and Wealth Finance

As a Retirement Pricing Actuary on the Retirement and Wealth Finance team, you will play a pivotal role in supporting the US and Canada Retirement businesses by managing Retirement pricing models and conducting financial analysis for Guaranteed Products, such as the Stable Value Fund in the US and the Guaranteed Interest Account in Canada.

Your work will involve producing critical analyses to assist stakeholders, including Senior Management, Pricing, and Risk Management, thereby directly contributing to our mission of optimizing financial outcomes and ensuring robust product governance.

This opportunity allows you to deepen your expertise in Canada and US Retirement products, collaborate with multiple teams, and expand your professional network within GWAM and the broader Manulife Financial Corporation (MFC).

Position Responsibilities

• Serve as Retirement Pricing Actuary providing expert input across various product pricing initiatives and projects in US and Canada markets.
• Ownership of guaranteed products portfolio, including playing the role of model expert on all guaranteed products modelling and model management activities.
• Steward pricing assumptions for Retirement products, including ongoing monitoring of key experience‑related assumptions.
• Demonstrate a strong understanding Retirement Recordkeeping business, pricing framework, including capital requirements under both US and Canada regulatory frameworks.
• Facilitate collaboration with various pricing partners to support pricing strategies, risk management, capital management and ALM activities for Balance Sheet supported products.
• Support underwriting of large opportunities through leading pension plan level financial analysis, overall pricing, pricing credits, and monitoring of sales incentive programs’ performance. This will include developing models to support Plan Level analysis, producing financial reports, and providing insights on key performance indicators.
• Support financial analysis and reporting to senior management.
• Assess pricing initiatives’ impact on profitability and other key metrics, driven by strategic business considerations.
• Partner with Product, Pricing, Actuarial, Risk, Capital Management, ALM, and other collaborators to achieve business and company goals.
• Support ongoing optimization of business and modelling processes, including automation of manual processes.

Required Qualifications

• University degree in Accounting, Actuarial Studies, Finance, Data Analytics, Statistics, Mathematics, or related fields, with substantial experience in progressive finance roles. Professional designation preferred (FSA, FCIA, ASA, ACIA, etc.).
• Proven work experience in financial, pricing, or actuarial analysis, modelling, and reporting.
• Experience in IFRS reporting and capital management, with a proven track record of applying these skills within the context of retirement finance and pricing strategies.
• Advanced or expert‑level knowledge of Moody’s AXIS, Integrated Asset‑Liability modelling, Excel, Financial Modelling, Reporting programs, VBA coding, PowerPoint.
• Self‑starter with the ability to balance multiple priorities in a demanding, deadline‑driven environment.
• Strong work ethic, positive attitude, and eagerness to learn and take on new responsibilities.
• Strong interpersonal skills and ability to collaborate across departments within the organization.
• Exceptional analytical and problem‑solving skills; attention to detail; innovative and strategic problem solver.
• Strong verbal and written communication skills to effectively engage with diverse groups.
• Ability to work both independently and within a team to support broader Retirement initiatives.
• Capable of making recommendations based on sound judgment from financial, pricing, and actuarial data and analytics.

Preferred Qualifications

• Working knowledge of United States and Canada retirement products, and balance sheet based investments products with embedded guarantees.
• Strong business sense with the ability to communicate technical concepts and pricing results clearly and concisely.
• Bilingualism (English and French) is an asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

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.

If you are applying to this role in Massachusetts, please note the salary range is $92,475 - $160,290 USD. Additionally, employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

$103,270.00 CAD - $153,270.00 CAD

Manulife offers a wide variety of customized benefits, including health, dental, mental health, vision, short‑ and long‑term disability, life and accidental death and dismemberment insurance, adoption/subrogation, wellness, and employee/family support programs. We also offer a range of retirement savings plans (including pension plans and a global share‑ownership plan with matching employer contributions) and financial advisory and educational resources. Our generous paid time‑off program in Canada includes holidays, vacation, personal days, and sick days, and we provide a full range of statutory leave. If applying for this position in the U.S., please contact View email address on ca.talent.com to obtain more information on specific U.S. paid time‑off provisions.

Manulife is an equal‑opportunity employer. We value our diversity. We strive to attract, develop, and retain a workforce as diverse as the clients we serve, and to foster an inclusive working environment that leverages the strengths of different cultures and people. The Manulife/John Hancock commitment to equity in hiring, talent retention, advancement, and compensation includes implementing all practices and programs without discrimination on race, ancestry, place of origin, color, ethnicity, citizenship, religion, creed, gender (including pregnancy and related conditions), sexual orientation, genetic traits, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other protected characteristic under applicable law.

Our priority is to eliminate barriers to ensure equal access to employment. An HR representative will work with applicants requiring a reasonable accommodation during the application process. Any information shared during the accommodation application process will be stored and used consistently with the laws and policies of Manulife/John Hancock. To request a reasonable accommodation during the application process, contact View email address on ca.talent.com.