Senior Accountant, Reinsurance Coe

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

This incumbent will be part of the Reinsurance Center of Excellence and will report to the Accounting Director who is based in our Boston Back Bay office. This role will be responsible for leading reinsurance treaty and legal entity analysis. This will involve analysis of reinsurance results, presenting analytical findings, reviewing, and implementing new reinsurance treaties and ensuring consistent and accurate implementation of reinsurance calculations and accounting models across US operations. This role will also participate in special projects related to the implementation of new accounting standards, operational initiatives, or treaty agreements. These projects will involve collaboration with Global Finance, IT and Actuarial teams.
Key Responsibilities

• Drive continuous improvement of the reinsurance accounting cycle to shorten close cycles, improve controls and expand understanding
• Define and evaluate new reinsurance treaty accounting models and calculation methodologies
• Participate in special projects related to the implementation of new accounting standards, operational initiatives, or treaty agreements
• Present reinsurance financial results to management on a quarterly basis.
• Prepare reinsurance settlements and analytical reporting for internal and external treaties, including Global Reinsurance treaties across multiple accounting bases (IFRS, NAIC, Tax and Bermuda Statutory)

What motivates you?

• You share your humanity, helping us build a diverse and inclusive work environment for everyone.
• You take ownership and build solutions, focusing on what matters.
• 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 do what is right, work with integrity and speak up.
• You obsess about customers, listen, engage and act for their benefit.

What We Are Looking For

• Curiosity and a commitment to understand complex financial transactions is essential.
• Dedicated to continual process improvement with strong internal controls and ability to adapt well to change.
• Strong computer skills using Microsoft Office Applications, particularly Excel.
• Strong written and oral communication skills.
• Finance or Accounting degree and a minimum of 4 or more years’ post-graduate experience.
• Experience with and knowledge of Essbase is an asset.
• Excellent analytical, research and problem solving skills.
• Knowledge of insurance industry and reinsurance is an asset.
• Ability to multi-task and manage priorities in a demanding and deadline-oriented environment.
• Must be a great teammate and a self-starter.
• Must be well-organized, innovative, and possess a high level of initiative.

What can we offer you?

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

Our commitment to you

• Boundless opportunity We create opportunities to learn and grow at every stage of your career.
• Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives.
• Values-first culture We lead with our Values every day and bring them to life together.
• Championing Corporate Citizenship We build a business that benefits all partners and has a positive social and environmental impact.
• Continuous innovation We invite you to help redefine the future of financial services.

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 manulife.com.
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 life insurance, annuities, investments, 401(k) plans, and education savings plans. Additional information about John Hancock may be found at johnhancock.com.
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 [email protected].
Salary & Benefits
The annual base salary for this role is listed below.
Primary Location
CAN, Ontario, Toronto, 200 Bloor Street East
Salary range is expected to be between
$68,775.00 CAD - $114,625.00 CAD
If you are applying for this role outside of the primary location, please contact [email protected] 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 [email protected] for more information about U.S.-specific paid time off provisions.