Actuarial Associate

Manulife • Boston, MA

9h • Hybrid

About The Position

As an Actuarial Associate, you will complete various work assignments/projects with direction from manager. You will typically be given project definition along with assumptions that are either given by the manager or developed by incumbent. You will be expected to generate hypotheses based on their analysis of a business situation. Position Responsibilities: Completes various work assignments/projects as delegated by manager. Uses the given project definition to develop a set of appropriate assumptions, and creates or modifies a computer program and set of inputs to produce the necessary results. Produce the necessary calculations, and analyze the results. Present results and recommendations to the manager as well as other affected personnel in the actuarial area as well as the line functions. Implement recommendations where deemed necessary by manager, by working with line area to incorporate change into the existing system and manual procedures Maintain an awareness of department/division activity and may initiate own projects as problem areas are identified. Set own project definition and negotiate necessary resources with other areas. See the project through by ensuring that recommendations are heard and that necessary implementation results. May have supervisory responsibility for one to two actuarial assistants and assigns work, provides direction and guidance in its completion. Conducts regular performance appraisals and salary review. Provide guidance to actuarial assistants in the use of computer programs. Provide high-level support to manager by investigating a problem issue or area and communicating information and recommendations back to superior. Respond to queries and concerns of customers or other areas by investigating issues and communicating required information. Act as a technical expert to non-actuarial personnel in the area/division.

Requirements

• Bachelor's degree.
• 2-5 years of experience.
• Superior aptitude and efficiency with computers.
• Strong verbal and written communication skills and good presentation skills.
• Strong analytical and problem solving skills.
• Good conceptual and organization skills.
• Good influencing and negotiation skills.
• Good knowledge of division’s functions, organization structure and management.
• Skills of tact and persuasiveness.
• Good project management, resource negotiation and personnel supervision skills.

Responsibilities

• Completes various work assignments/projects as delegated by manager.
• Uses the given project definition to develop a set of appropriate assumptions, and creates or modifies a computer program and set of inputs to produce the necessary results.
• Produce the necessary calculations, and analyze the results.
• Present results and recommendations to the manager as well as other affected personnel in the actuarial area as well as the line functions.
• Implement recommendations where deemed necessary by manager, by working with line area to incorporate change into the existing system and manual procedures
• Maintain an awareness of department/division activity and may initiate own projects as problem areas are identified.
• Set own project definition and negotiate necessary resources with other areas.
• See the project through by ensuring that recommendations are heard and that necessary implementation results.
• May have supervisory responsibility for one to two actuarial assistants and assigns work, provides direction and guidance in its completion.
• Conducts regular performance appraisals and salary review.
• Provide guidance to actuarial assistants in the use of computer programs.
• Provide high-level support to manager by investigating a problem issue or area and communicating information and recommendations back to superior.
• Respond to queries and concerns of customers or other areas by investigating issues and communicating required information.
• Act as a technical expert to non-actuarial personnel in the area/division.

Benefits

• 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/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.
• We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources.
• Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level