Finance Director, Group Benefits

Job title: Finance Director, Group Benefits

Job description: Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you.

Working Arrangement Hybrid

Job Description

Reporting to the AVP Group Insurance Financial Reporting and Planning, the Group Benefits Director of Finance will play a critical role in advising the Group Benefits business and providing useful insights to support the execution of strategic plans and manage the business.

The position is expected to use general finance, accounting and reporting expertise and insurance specific knowledge to provide earnings analysis, forecast and recommendations to Finance, Management, Strategy, Underwriting, Pricing and other business partners.

Key Responsibilities:

Management Reporting and Planning:

• Responsible for providing data-based insights and reporting to measure financial performance for the Group Benefits disability products including claims gain, client-level profitability reporting, trends and other metrics for assessing Group Benefits financial performance
• Accountability for earnings forecast for the disability products. Build strong partnership with the disability organization leaders to develop business and financial models for earnings drivers
• Working collaboratively with Pricing, Valuation and Finance Systems in all matters related to disability products, including pricing, earnings emergence and performance monitoring
• Responsible for Group Benefits expense gap reporting; collaborate with Expense COE and business leaders to ensure a clear understanding of cost drivers and unit cost and support the business in achieving targets

Strategic Planning and Projects:

• Provide finance expertise to support Group Benefits growth opportunities and the execution of strategic plans
• Build effective partnership with Strategy to identify investments in projects and provide finance expertise in project governance, funding and benefits
• Provide financial oversight for Group Insurance projects, review cases and support finance management approval

Risk, Controls and Finance processes

• Partner with Group Benefits Operations and shared functions to understand the end-to-end process and controls for large case clients
• Responsible for identifying and implementing financial operational improvement initiatives to improve efficiency and timeliness of large case clients monitoring and financial governance
• Accountable for monitoring quarterly financial controls for identified large case clients
• Provide technical accounting expertise in various aspects of reporting for Group Benefits including IFRS17 and forecast modeling

What motivates you?

• You obsess about customers, listen, engage and act for their benefit.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You thrive in teams and enjoy getting things done together.
• You take ownership and build solutions, focusing on what matters.
• You do what is right, work with integrity and speak up.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.

Qualifications:

• Accounting designation is a requirement, CPA
• Strong finance background, with post-secondary education and 10+ years of increased responsibility in financial management, reporting and analysis, and financial process improvement
• Strong understanding of the business environment and complex concepts in financial services; experience in insurance is an asset
• Demonstrated strong leadership, critical thinking and personal effectiveness competencies: negotiating and influencing skills, adaptability to change and continuously showing initiative
• Strong collaboration within the team and across various units in the business and shared centers
• Excellent analytical and problem-solving skills and ability to explore and understand complex business and financial processes
• Proven ability to manage multiple, conflicting priorities and deliver a quality result within tight deadlines

What can we offer you?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.

Our commitment to you

• Values-first culture

We lead with our Values every day and bring them to life together. * Boundless opportunity

We create opportunities to learn and grow at every stage of your career. * Continuous innovation

We invite you to help redefine the future of financial services. * Delivering the promise of Diversity, Equity and Inclusion

We foster an inclusive workplace where everyone thrives. * Championing Corporate Citizenship

We build a business that benefits all partners and has a positive social and environmental impact.

Every career at Manulife/John Hancock provides the opportunity to learn new skills and move your career forward. Ready to make an impact somewhere? What are you waiting for? Apply today.

About John Hancock and Manulife

John Hancock is a unit of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife globally, including Canada, Asia and Europe. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.3 trillion (US$1.1 trillion) as of June 30, 2021. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at .

One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including , , , , and . Additional information about John Hancock may be found at .

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 .

Company: Manulife

Expected salary:

Location: Toronto, ON

Job date: Wed, 02 Nov 2022 00:14:01 GMT

Job Source: Careerjet.ca

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