Massachusetts Jobs

The Global Asset Liability Management (ALM) team plays a leadership role in the identification and management of asset/liability risks for the global general accounts of Manulife and John Hancock. As a member of the Investment Strategy team, the successful candidate will have opportunities to collaborate with their global colleagues to design and evaluate investment and hedging strategies, forecast investment needs, and support business unit growth objectives. In addition, the candidate will contribute to the continuous improvement of the team’s tools and practices.

The Investment Strategy team works closely with professionals across the General Account Investment teams, the business unit finance and pricing teams, and Group functions (e.g., Risk, Actuarial, Capital, Tax, Treasury). The successful candidate is expected to have strong analytical and communication skills, as well as familiarity with insurance company balance sheets (liabilities, assets, and hedging instruments). The position is challenging and rewarding – a great opportunity to experience the Company on a global scale. The role will be based in either Toronto or Boston.

Responsibilities:

• Evaluate and recommend general account investment strategies that meet Business Unit, Segment, and Group objectives.

• Manage projects and influence resources across multiple disciplines (e.g., Investments, Business Units, Risk, Actuarial, Capital, etc…) and geographies.

• Partner with Business Units to provide investment strategies for new product initiatives.

• Work with local and global stakeholders to prioritize and maintain the on-going investment segment review schedule.

• Work with portfolio management teams to forecast investment capacity and identify new opportunities to leverage existing asset classes.

• Provide support for ALM initiatives and ad-hoc projects, such as segment consolidation, reinsurance, and acquisitions.

• Research investment and hedging strategy topics, and implications to investment strategy from regulatory changes

• Maintain and proactively seek opportunities to enhance the current strategy review process and documentation.

• Relationship management with collaborators, including regular meetings with colleagues across the world.

Qualifications:

• FSA/FCIA with investment experience, or Masters in a quantitative discipline, or CFA/PRM/FRM, or other relevant risk management designation

• Minimum of 7 years working experience in a financial/investment risk management environment

• Excellent quantitative finance and/or mathematics skills

• Strong knowledge of insurance company assets (fixed income, alternative investments, derivatives), liabilities (insurance and wealth management products and characteristics), and asset/liability modelling

• Exceptional communication skills

• Strategic thinker with excellent analytical and problem-solving skills

• Able to work effectively in a team environment, across multiple disciplines, and across multiple time zones

• Takes initiative and can drive projects forward in a changing environment

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.

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 recruitment@manulife.com .

Primary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$103,050.00 CAD - $185,490.00 CAD

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com 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 recruitment@manulife.com for more information about U.S.-specific paid time off provisions.