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About the Role
This role offers a unique opportunity to combine technical actuarial expertise with strategic business impact, leading critical tax valuation deliverables, contributing to regulatory submissions, and collaborating across teams to support the company's financial strength, regulatory compliance, and growth objectives.
Responsibilities
- Own tax reserve deliverables including Tax basis change memo, determination of spreadable Tax basis changes, E&Y Tax questionnaires, and other Tax accounting treatment deliverables.
- Provide expert guidance on complex tax and actuarial valuation issues, influencing decisions across Finance, Tax, Legal, and senior leadership teams.
- Prepare technical responses to regulatory, audit, and IRS inquiries.
- Analyze consolidated NAIC financial results for US legal entities, delivering clear, concise, value-added analysis and commentary on earnings & reserves to US Finance & Actuarial.
- Present US NAIC Legal entities financial results to Senior Management.
- Lead planning, coordination, preparation, and review of regulatory NAIC Actuarial financial results/reporting, including Asset Adequacy Testing (AAT) results and Actuarial Opinion Memoranda (AOMs).
- Oversee actuarial filings across US legal entities and product lines.
- Author and review key sections including liabilities, valuation assumptions, asset adequacy analysis, and reinsurance arrangements.
- Ensure compliance with evolving statutory requirements, valuation standards, and regulatory guidance.
- Offer governance support to other NAIC staff by researching actuarial and accounting questions, communicating findings, and proposing solutions.
- Conduct other research and projects as assigned, including valuation reviews of assumptions and methodology.
- Partner with AI and digital innovation teams to modernize valuation processes and explore emerging technologies.
- Maintain various materiality threshold and quarterly guidance documents.
- Collaborate with AI champions to modernize current tools.
Requirements
- Actuarial designation (FSA / FCIA) with 5+ years of relevant experience in progressive actuarial roles.
- Excellent analytical, actuarial, and problem-solving skills with the ability to analyze results, identify root issues & key drivers, and propose and communicate appropriate solutions.
- Strong communication and interpersonal skills.
- Self-motivated with strong organizational skills and adaptability to fast-changing priorities.
- Proactive with the ability to work on cross-functional teams as well as independently.
Skills
- Tax valuation and accounting methodology
- Valuation exposure
- Familiarity with US products
- AI and digital innovation
- Research actuarial and accounting questions
- Communicate findings
- Propose solutions
- Materiality threshold maintenance
- Quarterly guidance document maintenance
Location
- Boston, Massachusetts
Work Type
- Hybrid
Experience Level
- 5+ years of relevant experience in progressive actuarial roles
Education Level
- Actuarial designation (FSA / FCIA)
Salary/Compensations
- $128,550.00 USD - $222,820.00 USD
Benefits
- Opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
- Health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage.
- Adoption/surrogacy and wellness benefits.
- Employee/family assistance plans.
- Retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions).
- Financial education and counseling resources.
- Up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time each year.
- Full range of statutory leaves of absence.
About the Company
- Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better.
- Company: John Hancock Life Insurance Company (U.S.A.)
Equal Opportunity
- 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 hr@manulife.com.