Actuarial Supervisor

Overview

Actuarial Supervisor role at Manulife, Makati, National Capital Region, Philippines. The Local reporting team will conduct the reinsurance administration of the reinsurance treaties maintained by the company. The role works closely with internal parties such as Finance, Products, Investments, Marketing, Operations and Regional teams, as well as external counterparts such as reinsurers, auditors, and the Insurance Commission.

Responsibilities

• Prepare timely monthly and quarterly reports by coordinating with different teams (reinsurance SSC, claims team, local controllers and valuation team). This includes monthly/quarterly balance checking, coordinating monthly/quarterly updates in the system, requesting new accounting units, and any issue-handling that may arise for the given reporting period.
• Prepare monthly/quarterly premium bordereaux and claims bordereaux per treaty. Confirm statement of accounts from reinsurers for settlements of premiums or collection of recoverables.
• Handle processing and monitoring quarterly settlements/collections per treaty in a timely manner. Review if the accounts are processed and are reclassed correctly per account.
• Coordinate the implementation of new treaties and addenda with different teams involved (products, accounting, reinsurance SSC and valuation team). Ensure that the new treaties and addenda are implemented in the reinsurance system and in the valuation system. This involves checking the availability of the fields in the bordereaux, and spot-checking sample policies to ensure that the computed values are as expected.
• Prepare annual reinsurance report submissions for local, regional, auditors and insurance commissions.
• Help in other ad-hoc tasks as needed, including process improvements within the team and the creation of reinsurance premium calculators or new reinsurance reports.

Required Qualifications

• Graduate of a bachelor’s degree in Mathematics, Statistics, or Accountancy
• Strong analytical, communication, relationship, and time management skills
• Personal qualities of integrity, credibility and strong work ethic
• Proficient in Microsoft Office

Working Arrangement

Hybrid

Benefits

• We\'ll empower you to learn and grow in your career.
• We\'ll recognize and support you in a flexible environment where wellbeing and inclusion are prioritized.
• As part of our global team, we\'ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider focused on helping people make better financial decisions and live better lives. We are committed to fair recruitment, retention, advancement, and compensation, and we administer all practices without discrimination on the basis of race, religion, gender, or any other ground protected by law.

EEO and Accommodation

Manulife is an Equal Opportunity Employer. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. To request accommodation, contact

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