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Manulife Insurance Malaysia

Actuarial Development Program 2025

Manulife Insurance Malaysia, Boston, Massachusetts, us, 02298


Actuarial Development Program 2025Apply

Locations:

Boston, Massachusetts

Time Type:

Full time

Posted On:

Posted 30+ Days Ago

Time Left to Apply:

End Date: November 1, 2024 (19 hours left to apply)

Job Requisition ID:

JR24070191

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make an impact and drive real change with our Winning Team today.

Working Arrangement:

Hybrid

Job Description:

The Actuarial Assistant will play a key role in the daily actuarial functions of John Hancock. They will be a member of the Actuarial Development Program (ADP) and complete various work assignments/projects as directed by the manager. Students will need Excel skills and will gain knowledge in various computer programs (including RStudio, GGY Axis, Python).

Primary Responsibilities Include:

Update a variety of departmental spreadsheets/templates, and compile, analyze, and report the results of quarterly, yearly, or ad hoc projects as assigned by the manager.

Provide meaningful analysis & interpretation of actuarial results and trends in data.

Communicate results to the manager, department, and/or senior leaders via email or more formal presentations, as needed.

Provide support to more senior actuarial staff as needed.

The ADP at John Hancock creates an enjoyable culture of balancing work and pursuit of professional SOA designation. The ADP offers the following:

Rotations:

Rotate positions within the company every 18-24 months.

Roles include core actuarial functions (e.g., Pricing, Valuation, Modeling) as well as non-traditional roles (e.g., Governance, Inforce Management, Capital Management).

Allow students to learn new skills, see different areas of the company, and become a well-rounded actuary.

Exam Support:

Ample paid study time.

Exam fees & study materials covered by the company.

Competitive exam raises.

Access to a community of students who have recently passed exams.

Competitive Salary:

Market competitive salary.

Exam raises & designation bonuses.

Promotional & merit raises.

Heart of Boston:

Office located in Boston’s Back Bay.

Close to Newbury St, the Prudential Center, Fenway, Boston Common.

Hybrid Work Environment:

Three days in office – core days are Tuesday, Wednesday & Thursday.

Social & Networking Events:

Semi-annual Pass Party to celebrate the exam successes of the ADP.

Catered ADP-wide social event each year (e.g., Game Night, Field Day, etc.).

Scheduled networking events with senior leaders.

Exceptional Work Culture:

Paired with senior actuary to serve as mentor.

Supportive and collaborative work & study environment.

Inviting, positive, and fun work atmosphere.

Work-life balance & personal wellness are core values.

Large ADP program encourages genuine friendships.

Requirements:

Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or related field.

Actively pursuing SOA exams:

Minimum 1 SOA exam passed.

Will be required to write two exams per year.

Superior aptitude for computer applications, including MS Excel/VBA, MS Access, Python, RStudio, GGY Axis, etc. While extensive experience with each of these programs is not a requirement, a strong aptitude & willingness to learn is necessary.

Excellent verbal and written communication skills (Effective communication and interpersonal skills to deal with both technical and non-technical audiences; ability to explain concepts and results effectively).

Strong analytical and problem-solving skills, and ability to take ownership of projects and drive to completion.

About Manulife and John Hancock:

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States.

Salary & Benefits:

The annual base salary for this role is listed below.

Primary Location:

Boston, Massachusetts

Salary range is expected to be between:

$55,370.00 USD - $102,830.00 USD

Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans.

Manulife is an Equal Opportunity Employer

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