Quezon City, PHL
4 days ago
Actuarial Senior Analyst / Portfolio Modeling SME, Global Asset Modelling - Investments
Manulife is a leading international financial services provider, helping people make decisions easier and lives better. Help shape the future you want to see — and discover that better can take you anywhere you want to go. We are currently searching for a talented and motivated Actuarial Senior Analyst / Portfolio Modelling Subject Matter Expert to join our Global Asset Modelling - Investments team. The GAM - Investments Team is responsible for reporting and analysis of invested assets results which are used for external disclosures and internal analyses and developing investment models which are used to calculate reserve levels for risk management activities, and for other critical business functions within the company. **Responsibilities:** **Investment Results Reporting** + Lead activities to prepare the data and commentaries for the quarterly Investment Gains Memo (IGM) for actuals and forecast. The activities include data gathering, investment analysis, collaboration with various sources and stakeholders, and review the results and provide guidance to junior analysts. + Ensure accuracy of the reports by conducting reviews and identifying areas checks and controls improvements. + Support in internal and external audit requirements. Review process documentations and model vetting outputs. + Initiate and lead process improvements, standardizations, and automations. Ensure proper change management is implemented. **Actuarial Model Development** + Gather investment accounting information from various internal sources (e.g., derivatives from Findur, bonds and stocks from the Market Value Data Warehouse, mortgages from Enterprise [Mortgage Accounting system]), screen and question information to ensure accuracy, populate data into GGY AXIS models. Once AXIS models are populated, run reports as requested by Managers and Directors and send for review. + Ensure portfolio yields and durations are viable and accurate. Balance the model’s assets to the General Ledger and escalate any issues and concerns to the Sr. PM’s or Mgr, PM. + Responsible for verifying accuracy of analysts’ results and outputs. + For the Quarterly AXIS report: Populate additional information such as yield curves, spreads and re-investment strategies as directed by the Mgr, PM. + Gain understanding about information required for reserve calculations as prescribed by the Superintendent Office of Financial Institutions. **Miscellaneous** + Lead ad-hoc projects as assigned. Provide direction on process improvement projects. + Write and review reports and presentations. + Lead the direction of research on issues/queries coming from customers as necessary. + Independently lead and review (for SOX purposes) that cash flow calculations in AXIS can be replicated in Excel. Report results to the Director. + Lead the development of the team’s business acumen through providing insightful analyses and train junior staff to develop this competency. + Train junior analysts on new tasks for growth and existing tasks for business continuity. **Competencies:** + Excellent comprehension, analytical and decision-making skills + Keen attention to detail + Strong interpersonal and communication skills, demonstrated ability to work as an individual contributor and mentor to junior-level staff as necessary + Knowing how to identify when a problem exists with valuations and escalating the problem to the appropriate level on the team for resolution **Problems/Challenges:** + Balancing the mentor role while maintaining own workload. Teaching junior staff on an ongoing basis. + Maintaining high quality work while meeting tight deadlines and handling ongoing pressure to deliver. + Managing changing priorities and simultaneous projects - time management challenges. + Ability to recognize and escalate potential issues, pinpointing the issue and resolving. + Handling feedback on the scrutiny of data by Senior Management and clients. + Frequently called upon to explain complex models to non-technical people. **Qualifications:** + Bachelor's Degree in Mathematics, Finance or Management Engineering + Strong understanding of Investment theory and terminology, as well as financial accounting concepts. This may be derived from academic study or related work experience. + Demonstrated ability to develop and interpret more advanced models involving overall business strategies. Capable of working outside of standard procedures to resolve issues. Tasks performed have a long-term impact on the business and must be highly accurate, i.e., Investment Plan development and cash flow forecasting tasks. + Advanced working knowledge of MS Suite, Macros (e.g., Visual Basic); relational databases (e.g., MS Access); actuarial models (e.g., GGY AXIS). + 3-5 years of progressive portfolio modeling experience required. + _Amenable to work UP Ayala Technohub (Quezon City)_ + _Amenable to work on a hybrid set-up (3x a week onsite)_ **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. **Manulife is an Equal Opportunity Employer** _At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a 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 to provide equal 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 with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact_ _recruitment@manulife.com_ _._ **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** Híbrido
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