Senior Financial Analyst, Statutory Reporting

Job summary

The Senior Financial Analyst is responsible for NAIC regulatory reporting and ensuring compliance with insurance accounting mandates. They will liaise with internal business units and auditors to manage financial statements and investment agreement filings.

Job details

The Senior Financial Analyst, Statutory Reporting role is responsible for NAIC related regulatory reporting, and Manulife/John Hancock’s compliance with NAIC regulations for insurers. This opportunity will require you to focus on a critical accounting basis for all US based insurance companies to ensure that our organization is well placed to adhere to the NAIC’s accounting and reporting mandates. Position Responsibilities: Prepare monthly/quarterly/annual reporting statements for the NAIC, downstream business users, and varied internal business partners. Liaise with several Manulife/John Hancock internal customers including Risk Based Capital analysts, US Finance, US Tax, and varied business units. Responsible to work with both internal and external auditors to field questions, provide insights, and adhere to Model Audit Rule requirements. Ensure that the Securities Valuation Office of the NAIC requirements are met when it comes to the filing of new investment agreements as well as comply with the monthly Asset Valuation process. Determine the NAIC report part codes to newly acquired securities. Coordinate with front and middle offices to acquire the details of the securities Ensure adherence to the NAIC Accounting Practices and Procedures Manual requirements. Required Qualifications: 5+ years experience working in investment accounting and knowledge of various financial products. Strong analytical skills with a keen attention to detail. Experience with varied software tools such as Microsoft Office (Excel focused), Power BI, etc.. University or advanced degree Preferred Qualifications: Recognized professional designation such as CFA, CA, CPA, etc. Substantial experience in insurance financial reporting and regulatory compliance. Experience with the SimCorp Dimension accounting platform. Experience with Hyperion Essbase and other data/accounting tools. Familiarity with NAIC regulations. 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. #LI-Hybrid The role being advertised is an existing vacancy. 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 https://www.manulife.com/en/about/our-story.html. 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 hr@manulife.com. Referenced Salary Location Toronto, Ontario Working Arrangement Hybrid Salary range is expected to be between $73,725.00 CAD - $122,875.00 CAD Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. 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. If you are applying for this role outside of the primary location, please contact hr@manulife.com for the salary range for your location. 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 hr@manulife.com for more information about U.S.-specific paid time off provisions. We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

What you’ll do

The Senior Financial Analyst is responsible for NAIC regulatory reporting and ensuring compliance with insurance accounting mandates. They will liaise with internal business units and auditors to manage financial statements and investment agreement filings.

Requirements

Candidates must have 5+ years of experience in investment accounting and strong analytical skills. A university degree is required, while professional designations like CFA, CA, or CPA are preferred.

Benefits

• Health insurance • Dental insurance • Mental health support • Vision insurance • Short-term disability • Long-term disability • Life insurance • AD&D insurance • Adoption/surrogacy benefits • Wellness benefits • Employee assistance plan • Retirement savings plans • Pension plan • Global share ownership plan • Paid time off • Statutory leaves of absence

Listed skills

• Power BI · Preferred
• Regulatory Compliance · Preferred
• Financial Reporting · Preferred
• Data analysis · Preferred
• Microsoft Excel · Preferred
• Microsoft Office · Preferred
• Accounting · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Statutory reporting
• NAIC regulations
• Investment accounting
• Financial reporting
• Regulatory compliance
• Risk based capital
• Model audit rule
• Asset valuation
• Microsoft Office
• Excel
• Power BI
• SimCorp Dimension
• Hyperion Essbase
• Data analysis
• Accounting
• Risk-Based Capital
• Investment Accounting
• Asset Valuation
• Workplace Inclusivity
• Time Off Management
• Information Gathering
• Analytical Skills
• Microsoft Excel
• Artificial Intelligence
• Auditing
• Automation
• Mental Health
• Investments
• Certified Public Accountant
• Chartered Financial Analyst
• Regulatory Compliance
• Finance
• Oracle Essbase
• External Auditing
• Financial Services
• Financial Analysis
• Financial Education
• Financial Statements
• International Finance
• Securities (Finance)
• Filing
• Detail Oriented
• Statutory Reporting

Job areas

• Finance & Accounting
• Data & Analytics
• Financial Reporting Analyst
• Financial Analyst (General)
• Financial Analysts
• Financial and Investment Analysts