Director, Product Pricing

The role significantly contributes to our mission by developing advanced pricing techniques and addressing emerging issues, thereby enhancing our product offerings and financial performance. Candidates will gain valuable experience working closely with Product Managers and Distribution, honing their skills in risk management, stakeholder communication, and strategic product development in a dynamic environment.

Position Responsibilities:

• Take on a multitude of product development related projects

• Leading and/or being a part of pricing teams to develop innovative new products that meeting marketing, profitability, and risk management goals.

• Joining cross functional product development teams that also include representatives from marketing, systems, illustrations, legal, and contracts, to represent Pricing's interests and concerns.

• Developing enhanced pricing techniques to reflect emerging issues such as guarantee costing, in force portfolio leveraging, and others.

• Working closely with Product Managers and Distribution on product design objectives that meet the needs of our customers in multiple distribution channels.

• To present product financial results and explain key challenges and constraints at each step of the process

• Responsible for additional projects related to the department's objectives. 

Required Qualifications:

• Good progress in actuarial exams, qualified or nearly qualified in a globally recognized actuarial association.

• 10 or more years of relevant work experience.

• Excellent analytical and 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 stakeholders and prioritize needs and results while working under deadline pressure

• Knowledge of IFRS and statutory reporting including earnings emergence, and capital, as well as the various profit metrics used in pricing.

• Experience with individual life insurance (product development or valuation) is an asset

• Strong communication and interpersonal skills.

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 [email protected].