Senior Financial Analyst, Statutory Reporting

Posted Yesterday
Be an Early Applicant
Toronto, ON, CAN
Hybrid
74K-123K Annually
Senior level
Fintech • Insurance • Financial Services
The Role
Prepares monthly, quarterly, and annual NAIC statutory reports; coordinates with finance, tax, risk, business units, and auditors; ensures compliance with NAIC accounting, reporting, valuation, and Model Audit Rule requirements; classifies newly acquired securities and supports asset valuation processes. The role requires investment accounting expertise, financial product knowledge, strong analytical skills, and proficiency with Excel, Power BI, and accounting platforms.
Summary Generated by Built In

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 [email protected].

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 [email protected] 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 [email protected] 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.

Skills Required

  • 5+ years of experience in investment accounting
  • Knowledge of various financial products
  • Strong analytical skills and keen attention to detail
  • Experience with Microsoft Office, especially Excel
  • Experience with Power BI or similar software tools
  • University or advanced degree
  • CFA, CA, CPA, or another recognized professional designation
  • Substantial experience in insurance financial reporting and regulatory compliance
  • Experience with SimCorp Dimension
  • Experience with Hyperion Essbase and other data or accounting tools
  • Familiarity with NAIC regulations

Manulife Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Manulife and has not been reviewed or approved by Manulife.

  • Healthcare Strength Healthcare coverage is portrayed as comprehensive, spanning medical, dental, prescription drugs, vision, critical illness, and short- and long-term disability. Mental-health support is emphasized via EAP-style services and high annual coverage limits in some regions, alongside wellness programs and navigation tools.
  • Retirement Support Retirement offerings are positioned as a meaningful part of total rewards, including group RRSP/defined contribution pension options and employer matching in some cases. Ownership-related programs such as share purchase/stock options are also described as available for eligible employees.
  • Flexible Benefits Benefits are described as robust and flexible, with customizable packages and spending-account style options in some plans. Digital tools (mobile app/claims) and reward-linked wellness programs are framed as making benefits easier to use and more engaging.

Manulife Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Toronto, Ontario
32,427 Employees
Year Founded: 1887

What We Do

Manulife is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We have more than 40,000 employees, over 116,000 agents serving ~34 million customers worldwide, and over $1.3 trillion in assets under management and administration. Visit www.Manulife.com to find out more. For Manulife terms of use, please visit http://bit.ly/SM_Terms

Similar Jobs

NBCUniversal Logo NBCUniversal

Executive Assistant

AdTech • Cloud • Digital Media • Information Technology • News + Entertainment • App development
Remote or Hybrid
Toronto, ON, CAN
55K-70K Annually

Tapestry - Coach and Kate Spade Logo Tapestry - Coach and Kate Spade

Temporary Sales Support Associate

eCommerce • Fashion • Retail • Sales • Wearables • Design
Hybrid
Ottawa, ON, CAN
16000 Employees
18-22 Hourly

Block Logo Block

Senior Analytics Engineer

Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
In-Office or Remote
8 Locations
12000 Employees
139K-245K Annually

Tapestry - Coach and Kate Spade Logo Tapestry - Coach and Kate Spade

Temporary Sales Associate

eCommerce • Fashion • Retail • Sales • Wearables • Design
Hybrid
Ottawa, ON, CAN
16000 Employees
18-22 Hourly

Similar Companies Hiring

Kepler  Thumbnail
Artificial Intelligence • Fintech • Software
New York, New York
9 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
43 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account