Actuarial Development Program 2025
2 weeks ago
Working Arrangement
Hybrid
Job Description
The Actuarial Assistant will play a key role in the daily actuarial functions of John Hancock. They will be a member of the Actuarial Development Program (ADP) and complete various work assignments/projects as directed by the manager. Students will need Excel skills and will gain knowledge in various computer programs (including RStudio, GGY Axis, Python).
Primary responsibilities include:
- Update a variety of departmental spreadsheets/templates, and compile, analyze, and report the results of quarterly, yearly, or ad hoc projects as assigned by the manager
- Provide meaningful analysis & interpretation of actuarial results and trends in data
- Communicate results to the manager, department, and/or senior leaders via email or more formal presentations, as needed
- Provide support to more senior actuarial staff as needed
The ADP at John Hancock creates an enjoyable culture of balancing work and pursuit of professional SOA designation. The ADP offers the following:
- Rotations
- Rotate positions within the company every 18-24 months
- Roles include core actuarial functions (e.g., Pricing, Valuation, Modeling) as well as non-traditional roles (e.g., Governance, Inforce Management, Capital Management)
- Allow students to learn new skills, see different areas of the company, and become a well-rounded actuary
- Exam Support
- Ample paid study time
- Exam fees & study materials covered by company
- Competitive exam raises
- Access to a community of students who have recently passed exams
- Competitive Salary
- Market competitive salary
- Exam raises & designation bonuses
- Promotional & merit raises
- Heart of Boston
- Office located in Boston's Back Bay
- Close to Newbury St, the Prudential Center, Fenway, Boston Common
- Hybrid Work Environment
- Three days in office - core days are Tuesday, Wednesday & Thursday
- Social & Networking Events
- Semi-annual Pass Party to celebrate the exam successes of the ADP
- Catered ADP-wide social event each year (e.g., Game Night, Field Day, etc.)
- Scheduled networking events with senior leaders
- Exceptional Work Culture
- Paired with senior actuary to serve as mentor
- Supportive and collaborative work & study environment
- Inviting, positive, and fun work atmosphere
- Work-life balance & personal wellness are core values
- Large ADP program encourages genuine friendships
Requirements:
- Bachelor's degree in Actuarial Science, Statistics, Mathematics, or related field
- Actively pursuing SOA exams
- Minimum 1 SOA exam passed
- Will be required to write two exams per year
- Superior aptitude for computer applications, including MS Excel/VBA, MS Access, Python, RStudio, GGY Axis, etc. While extensive experience with each of these programs is not a requirement, a strong aptitude & willingness to learn is necessary
- Excellent verbal and written communication skills (Effective communication and interpersonal skills to deal with both technical and non-technical audiences; ability to explain concepts and results effectively)
- Strong analytical and problem-solving skills, and ability to take ownership of projects and drive to completion
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges, and under '945' in Hong Kong.
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.
Salary & Benefits
The annual base salary for this role is listed below.
Primary Location
Boston, Massachusetts
Salary range is expected to be between
$55,370.00 USD - $102,830.00 USD
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/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.
Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency
Company: John Hancock Life Insurance Company (U.S.A.)
-
Actuarial Intern
1 month ago
Boston, Massachusetts, United States Intact Insurance Full timeJob DescriptionIntact Insurance Specialty Solutions is currently seeking bright and motivated students who are interested in learning from a talented Actuarial team During your internship, you will have the opportunity to assist on various projects within our Corporate Actuarial division. This full-time, paid position is based at our Corporate Headquarters...
-
Actuarial Intern
3 weeks ago
Boston, Massachusetts, United States Intact Insurance Full timeJob DescriptionIntact Insurance Specialty Solutions is currently seeking bright and motivated students who are interested in learning from a talented Actuarial team During your internship, you will have the opportunity to assist on various projects within our Corporate Actuarial division. This full-time, paid position is based at our Corporate Headquarters...
-
Actuarial Intern
1 month ago
Boston, United States Intact Insurance Full timeJob DescriptionIntact Insurance Specialty Solutions is currently seeking bright and motivated students who are interested in learning from a talented Actuarial team! During your internship, you will have the opportunity to assist on various projects within our Corporate Actuarial division. This full-time, paid position is based at our Corporate Headquarters...
-
Actuarial Intern
3 weeks ago
Boston, United States Intact Insurance Full timeJob DescriptionIntact Insurance Specialty Solutions is currently seeking bright and motivated students who are interested in learning from a talented Actuarial team! During your internship, you will have the opportunity to assist on various projects within our Corporate Actuarial division. This full-time, paid position is based at our Corporate Headquarters...
-
Boston, United States Manulife and John Hancock Full timeWe are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...
-
Boston, United States Manulife and John Hancock Full timeWe are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...
-
Boston, Massachusetts, United States Manulife and John Hancock Full timeWe are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...
-
Actuary - Pricing
2 months ago
Boston, United States Selby Jennings Full timeRole Overview: My client is seeking a skilled Actuary to join their team, focusing on developing and refining actuarial analyses with an emphasis on personal lines pricing. In alignment with CAS (Casualty Actuarial Society) principles, this role plays a pivotal part in driving the performance of the actuarial department, specifically targeting assigned...
-
Associate Actuary
3 months ago
Boston, Massachusetts, United States Fidelity Investments Full timeJob Description:Associate ActuaryFidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuary to help drive our future state of reserve modeling and valuation for our life and annuity products. Be part of a team with wide-ranging strengths that builds, promotes, and supports Fidelity's outstanding future state experienceThe RoleAs...
-
Associate Actuary
3 months ago
Boston, United States Fidelity Investments Full timeJob Description:Associate ActuaryFidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuary to help drive our future state of reserve modeling and valuation for our life and annuity products. Be part of a team with wide-ranging strengths that builds, promotes, and supports Fidelity's outstanding future state experience!The RoleAs...
-
Actuarial Manager
2 months ago
Boston, United States Selby Jennings Full timeMy client is a global insurance carrier headquartered out of Massachusetts. In the U.S. they do both personal and commercial lines. They are rapidly expanding their team and have had aggressive growth plans over the last few years. They are seeking a dynamic and experienced Manager to lead their Modeling Actuarial team. Responsibilities:Develop pricing...
-
Actuarial Manager
2 months ago
Boston, United States Selby Jennings Full timeMy client is a global insurance carrier headquartered out of Massachusetts. In the U.S. they do both personal and commercial lines. They are rapidly expanding their team and have had aggressive growth plans over the last few years. They are seeking a dynamic and experienced Manager to lead their Modeling Actuarial team. Responsibilities:Develop pricing...
-
Assistant Actuary
2 months ago
Boston, Massachusetts, United States Homesite Group Incorporated Full timePosition Compensation Range:Pay Rate Type:SalaryCompensation may vary based on the job level and your geographic work location.You will lead, coordinate or perform most complex analysis for the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance. You will...
-
Actuarial Modeling Associate
2 days ago
Boston, Massachusetts, United States Global Atlantic Full timeCompany OverviewGlobal Atlantic Financial Group is a leading provider of life insurance and annuity solutions, serving the needs of individuals and institutions. As a subsidiary of KKR, a global investment firm, we offer a unique blend of financial expertise and innovative solutions.Our CultureWe are a collaborative and innovative organization, dedicated to...
-
Senior Actuary
3 weeks ago
Boston, Massachusetts, United States Karen Clark & Company Full timeKCC is currently looking for a full-time Actuary to join our team in Boston. As an Actuary at KCC, you will collaborate with clients to utilize catastrophe model output for underwriting, ratemaking, and risk transfer projects. In this role, you will cultivate relationships with insurance regulators and rating agencies while working alongside KCC's Client...
-
Associate Actuary
2 months ago
Boston, Massachusetts, United States Fidelity Investments Full timeJob Description:Fidelity Investments Life Insurance (FILI) is looking for an Associate Actuary to help drive our annuity product development and pricing initiatives. Join a diverse team that builds, promotes, and supports Fidelity's outstanding future state experience.The RolePrice and design annuity productsConduct cost/benefit analysis, sensitivity...
-
Associate Actuary
3 months ago
Boston, United States Fidelity Investments Full timeJob Description:Fidelity Investments Life Insurance (FILI) is looking for an Associate Actuary to help drive our annuity product development and pricing initiatives. Join a diverse team that builds, promotes, and supports Fidelity's outstanding future state experience.The RolePrice and design annuity productsConduct cost/benefit analysis, sensitivity...
-
AVP & Actuary
1 month ago
Boston, Massachusetts, United States Chubb Full timeJob DescriptionThis Assistant Vice President & Actuary position is responsible for conducting actuarial pricing analyses of the Commercial Insurance Property & Marine portfolios. This $2bn+ portfolio consists of insurance cover for middle-market companies, ranging from mid-size multinational organizations to single-location private companies. The role is...
-
AVP & Actuary
2 months ago
Boston, United States Chubb Full timeJob DescriptionThis Assistant Vice President & Actuary position is responsible for conducting actuarial pricing analyses of the Commercial Insurance Property & Marine portfolios. This $2bn+ portfolio consists of insurance cover for middle-market companies, ranging from mid-size multinational organizations to single-location private companies. The role is...
-
Associate Actuary
3 weeks ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Associate ActuaryFidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuary to help drive our future state of reserve modeling and valuation for our life and annuity products. Be part of a team with wide-ranging strengths that builds, promotes, and supports Fidelity s outstanding future state experience!The RoleAs...
