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Manulife Director – Global Asset Liability Management in Boston, Massachusetts

Director – Global Asset Liability Management (GALM)

Product Support & Investment Strategy Team – North America

The Global Asset Liability Management (GALM) team plays a leadership role in the identification and management of asset/liability risks for the global general accounts of Manulife and John Hancock. As a member of the Product Support & Investment Strategy team, the successful candidate will have opportunities to collaborate with their global colleagues to design and evaluate investment and hedging strategies while supporting business unit growth objectives. In addition, the candidate will contribute to the continuous improvement of the team’s tools and practices.

The Product Support & Investment Strategy team works closely with professionals across the General Account Investment teams, the business unit finance and pricing teams, and Group functions (e.g., Risk, Actuarial, Capital, Tax, Treasury). The successful candidate is expected to have strong analytical and communication skills, the ability to manage projects and objectives independently and have familiarity with insurance company balance sheets (liabilities, assets, required capital and hedging instruments). The role will be based in either Toronto or Boston.

This role will primarily be focused on supporting our North American operations but there will be opportunities to support global functions as well.

Responsibilities:

  • Evaluate and recommend general account investment strategies that meet Business Unit, Segment, and Group objectives.

  • Manage projects and influence resources across multiple disciplines (e.g., Investments, Business Units, Risk, Actuarial, Capital, etc…) and geographies.

  • Partner with Business Units to provide investment strategies for new product initiatives.

  • Provide support for ALM initiatives and ad-hoc projects, such as segment consolidation, reinsurance, and M&A products.

  • Research investment and hedging strategy topics, and implications to investment strategy from regulatory changes

  • Maintain and proactively seek opportunities to enhance the current strategy review process and documentation.

  • Relationship management with stakeholders, including regular meetings with colleagues across the globe.

Qualifications:

  • FSA/FCIA with investment experience, or Masters in a quantitative discipline, or CFA/PRM/FRM, or other relevant risk management designation

  • Minimum of 7 years working experience in a financial/investment risk management environment

  • Excellent quantitative finance and/or mathematics skills

  • Strong knowledge of insurance company assets (fixed income, alternative investments, derivatives), liabilities (insurance and wealth management products and characteristics), and asset/liability modelling

  • Prior experience working with or in an ALM function is desirable.

  • Exceptional communication skills

  • Strategic thinker with excellent analytical and problem-solving skills

  • Able to work effectively in a team environment, across multiple disciplines, and across multiple time zones

  • Takes initiative and can drive projects forward in a changing environment

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 cultureWe lead with our Values every day and bring them to life together.

  • Boundless opportunityWe create opportunities to learn and grow at every stage of your career.

  • Continuous innovationWe invite you to help redefine the future of financial services.

  • Delivering the promise of Diversity, Equity and InclusionWe foster an inclusive workplace where everyone thrives.

  • Championing Corporate CitizenshipWe build a business that benefits all stakeholders and has a positive social and environmental impact.

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 .

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 .

Primary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$103,050.00 CAD - $185,490.00 CAD

If you are applying for this role outside of the primary location, please contact 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 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 and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact for more information about U.S.-specific paid time off provisions.

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