AVP and Actuary, Pricing

AVP and Actuary, Pricing Manulife - 3.9 Boston, MA Job Details Full-time $156,700 - $290,900 a year 2 hours ago Benefits AD&D insurance Paid holidays Disability insurance Health insurance Dental insurance Paid time off Vision insurance Life insurance Qualifications Investment Actuary experience Hedging strategy Full Job Description The successful candidate will provide decision-making and leadership across a broad portfolio of pricing projects, centered around the feasibility, design, modeling, and reporting of complex insurance products and riders. This role requires balancing business unit marketing objectives with financial goals. Adaptability to rapidly changing internal and external environments will be a key challenge.

Key Responsibilities:

Lead, develop, and motivate a team of diverse professionals that manage the development and launch of life and annuity products. Ensure product initiatives meet marketing, profitability, and risk management goals while aligning with corporate guidelines and regulatory environment. Member of the US Pricing leadership team responsible for coaching, directing, enabling, and developing a large, hard-working and highly engaged team of diverse actuaries and actuarial students. Collaborate with a second-line risk oversight team to ensure strategic direction is aligned with corporate risk appetite. Coordinate product development and pricing deliverables with highly specialized functional actuarial teams with deep expertise in rate making, modeling, controls / governance and assumption development. Performing preliminary research and development and feasibility analysis to help prioritize potential critical initiatives. Responsible for additional projects related to the department's strategic objectives. How will you create impact? This successful candidate will use their expertise in this Life pricing to bring new products to market. This role will report to the AVP & Pricing Officer, US Insurance. What motivates you? You obsess about customers, listen, engage and act for their benefit. You think big, with curiosity to discover ways to use your agile approach and enable business outcomes. You thrive in teams and enjoy getting things done together. You take ownership and build solutions, focusing on what matters. You do what is right, work with integrity and speak up. You share your humanity, helping us build a diverse and inclusive work environment for everyone. What we are looking for Fellow of the Society of Actuaries (FSA) or equivalent 8+ years of actuarial experience in the Life Insurance industry. 2+ years of experience of life insurance pricing or product development. Creativity and passion for innovation. In depth knowledge of US Stat valuation and the regulatory environment for Life Insurance products. Knowledge of investment and hedging concepts of indexed products. Familiarity with actuarial modeling software. Direct experience with Moody's Axis preferred. Excellent analytical and creative problem-solving ability combined with very strong technical actuarial skills. Risk management focus, with ability to see beyond traditional measures and identify emerging issues. Ability to respond to changing demands from multiple partners and prioritize needs and results while working under deadline pressure. What can we offer you? A competitive salary and benefits packages. A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills. A focus on growing your career path with us. Flexible work policies and strong work-life balance. Professional development and leadership opportunities. Our commitment to you Values-first culture We lead with our Values every day and bring them to life together. Boundless opportunity We create opportunities to learn and grow at every stage of your career. Continuous innovation We invite you to help redefine the future of financial services. Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives. Championing Corporate Citizenship We build a business that benefits all partners and has a positive social and environmental impact.

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. #LI-JH The role being advertised is an existing vacancy. 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 https://www.manulife.com/en/about/our-story.html . 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 . Referenced Salary Location Boston, Massachusetts Working Arrangement Hybrid Salary range is expected to be between $156,700.00 USD - $290,900.00 USD Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact for the salary range for your location. 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. We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement . Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to

Work I E-Verify Company:

John Hancock Life Insurance Company (U.S.A.)