Financial AnalystThe Manufacturers Life Insurance Co (Phils) Inc( Manulife Philippines )

Job Description
We 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 meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.
Working Arrangement
Hybrid
Job Description
Job Summary:
Responsible for the preparation and delivery of quarterly investment analysis packages in IFRS17, USGAAP and Statutory accounting bases while meeting published quality and productivity standards.
Key Accountabilities:
Research and provide written commentary explaining quarter over quarter changes in investment income for all invested asset types including bonds, private placement, public and private equity, mortgages, real estate and timber, miscellaneous income, and investment expenses for senior management's use in internal and external reporting. This information is provided to the business unit management within Long-Term Care, U.S. Life Insurance, Fixed Products, Variable Annuities and US Controllers through the preparation and delivery of quarterly investment analysis packages in IFRS, USGAAP and Statutory accounting bases.
Prepare monthly ALCO (Asset Liability Committee) reports which analyze and explain yield variances in invested assets by asset class for the Long-Term Care and Life Business Units.
Ensure adequate oversight of the account reconciliation process for the three major US legal entities for the entire Investment Division. Such oversight involves identifying, confirming and tracking ownership of account balances and reconciliations as well as researching details behind account balances on a quarterly basis.
Prepare quarterly regulatory compliance testing data schedules for NAIC which is used for Federal regulatory filings.
Perform ad hoc requests including yield fluctuation analyses, holdings report for legal entity and/or business units and MTM verification for Manulife's investments.
Minimum Skills Requirement to Hire:
Bachelor's Degree in Finance, Accounting, Business Administration or Economics required.
Must pass current job expectations and meet performance metrics
Must not have any attendance issues and have not received any disciplinary action
Knowledgeable with different investment assets such as bonds, public and private equity, mortgages, real estate and timber.
Excellent analytical, research and problem solving skills.
Mathematical aptitude
Intermediate knowledge MS Word and Excel
Basic knowledge of (or must be willing to learn) Bloomberg and knowledge of financial modeling (via excel) is an advantage.
Excellent comprehension, analytical and decision making skills
Keen attention to detail
Good communication skills (written and oral)
Minimum Skills Requirements to Go-live:
Thorough understanding of different investment assets such as bonds, equity, mortgages and others and can explain expected financial results.
Understanding of macroeconomics and how they relate to investments.
Excellent skills in reconciliation between source systems
Solid interpersonal skills to interact and establish relati onship with business units.
Investment Analysis
PowerBI
Essbase
DART
Highly proficient in the use of Microsoft Excel
Workday
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