This position is part of a team responsible for producing timely and accurate financial information relating to highly complex affiliate and external reinsurance treaties.  This role will be responsible for leading reinsurance treaty and legal entity analysis. This will involve analysis of reinsurance results, presenting analytical findings, reviewing, and implementing new reinsurance treaties and ensuring consistent and accurate implementation of reinsurance calculations and accounting models across US operations. This employee will also be expected to manage and own special projects related to the implementation of new accounting standards, operational initiatives, or treaty agreements. These projects will involve interacting and working directly with Global Finance, IT and Actuarial teams.

Position Responsibilities:

• Prepare reinsurance settlements and analytical reporting for internal and external treaties, including Global Reinsurance treaties across, multiple accounting bases (IFRS17, NAIC, Tax and Bermuda STAT) for complex reinsurance treaties
• Review reinsurance settlements and analytical reporting for internal and external treaties across multiple accounting bases (IFRS17, NAIC, Tax and Bermuda Statutory) prepared by other team members
• Compile and review reinsurance related footnote disclosures and reinsurance related NAIC Annual Statement schedules
• Facilitate Regulatory reporting, present reinsurance financial results to management on a quarterly basis, and define and evaluate new reinsurance treaty accounting models and calculation methodologies
• Collaborate with global IT, Actuarial, Finance and Investments teams to manage changes in systems and processes due to new accounting standards, operational initiatives or new treaty agreements to ensure timeliness and integrity of financial data necessary to calculate and record treaty activity
• Mentor and share best practices with other team members

Required Qualifications:

• Finance or Accounting degree and a minimum of 6 or more years post-graduate experience.
• Ability to learn and apply a large amount of technical accounting material
• Dedicated to continual process improvement with strong internal controls and ability to adapt well to change
• Strong computer skills using Microsoft Office Applications, particularly Excel and Access
• Strong written and oral communication skills

Preferred Qualifications:

• Experience with and knowledge of Essbase is an asset
• Knowledge of insurance industry and reinsurance is an asset

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

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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 [email protected].

Toronto, OntarioHybrid

Salary range is expected to be between

$86,250.00 CAD - $155,250.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. 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. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife 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 and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.