Actuarial Director, Product and Insurance Risk Management

We are seeking an experienced Actuarial Director to join our Product and Insurance Risk Management team, which supports the Chief Risk Officer and Product Oversight Committee in overseeing product-related risks as defined in the enterprise's Insurance and Reinsurance Risk Management policies.

In this role, you will be part of a team responsible for developing and maintaining global pricing, underwriting and claims standards, coordinating the annual new business plan process, and assessing product and underwriting initiatives across all segments of the enterprise to ensure they fall within risk appetite, and driving research activities to inform the development and review of the company risk appetite and standards.

Position Responsibilities: 

• Standards & Policies:
  •  Support the development, oversight, and annual reviews of Corporate Pricing, Underwriting, and Claims standards.
  • Oversee compliance through consolidation and review of Product, Pricing, Underwriting, and Claims Self-Assessment Questionnaires across geographic segments and lines of business.
• Management Reporting & Oversight:
  • Support the coordination of the Annual New Business Plan exercise, including developing plan guidance, review and consolidation of business unit submissions, and developing material to summarize results and key insights for senior management
  • Oversee quarterly reporting of new business results & other KPI (e.g New Business Profitability Dashboard, Over-retention, Geographic concentration of risk), including working with segment and business unit team to develop commentary
  • Prepare agenda and materials for the quarterly Product Oversight Committee forum and the quarterly Underwriting & Claims Risk Committee forum
• Actuarial Research:
  • Support actuarial research that would inform the development of company risk appetite and standards, including mortality trends, critical illness rates, and more, across internal and external data sources.
  • Coordinate with Pricing functions and independently perform Pricing model runs to test the sensitivity and potential impact of proposals from the GPRM function.

Required Qualifications:

• Fellowship with a recognized international Actuarial professional body with 12+ years of relevant experience.
• Demonstrates mastery regarding technical aspects of Pricing and Product Development processes, with familiarity in underwriting or claims functions an asset.
• Demonstrated capability to lead and develop a small to medium sized team
• Proficiency in Moody's Axis, Risk Integrity, and IFRS17 reporting would be an asset.
• Strong interpersonal skills with the ability to collaborate and influence effectively
• Strong relationship building skills with the ability to communicate effectively across stakeholders at different levels of seniority, functions, or geographies.
• Ability to manage multiple projects with varying priorities and scope.
• 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.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit

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

Working Arrangement