IFRS17 Lead

The customer is the focus of everything we do, and millions of end users rely on our products daily. We believe in the value of empowering the staff with the resources to solve critical problems for the future of our business, which is why we need you.

We are seeking a highly competent individual with relevant local experience in IFRS17 to strengthen Manulife Singapore's capacity on IFRS17 valuation.

Position Responsibilities:

• Produce and deliver high-quality quarterly CIFRS17 financial reporting package and analysis of the key drivers of the financial results.

• Localize the IFRS17 policy developed by Manulife Group and Regional to fit MLS business portfolio. Assess both financial and non-financial impact for decision making.

• Drive technical discussion with various stakeholders including internal/external auditors, Group / Regional office and senior management. Act as subject matter expert on IFRS17 and able to advise management of industry development on IFRS17.

• Enhance the IFRS17 and FRS117 reporting production processes and controls. Ensure accuracy, reliability, efficiency and fulfil SOX and audit requirements. Prioritize and manage deliverables with offshore modelling team, Finance team and other actuarial teams.

• Manage production for local GAAP reporting of FRS 117 (ie Singapore version of IFRS 17)

• Provide advice to management on IFRS17 assumptions and reserving considerations for new and inforce products, campaigns and business committees including but not limited to Investment Committee, ALCO, Product Steering Committee and Reinsurance Steering Committee. Ensure IFRS17 reserves appropriately reflect business initiatives and management decisions.

• Drive and provide support to ad-hoc projects related to IFRS17.

• Take a lead in producing  business forecasts and plan projections on IFRS17 financial performance. Advise management on implications of IFRS17 and optimize business performance with drive and forward-looking view.

• Coach, develop and provide leadership to the IFRS17 team members.

Required Qualifications:

• Qualified Actuary from a recognized Actuarial examination body.

• 12 years or above of Actuarial working experience, with some experience in IFRS 17 is a plus.

• Excellent communication skills, both written and spoken.

• Ability to challenge on key issues and to find and suggest compromise to ensure the best long term outcome for the company.

• Ability to manage and drive project completion within timeline.

• Ability to work independently and collaborate with other departments and Group / Regional office.

• Strong ownership mindset.

• Strong leadership and experience in developing junior staff members.

• Working knowledge of AXIS will be an advantage.

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.