Avatar for Manulife
Since 1887, we’ve been helping customers like you with their big financial decisions

Senior Quantitative Analyst

Posted: 3 days ago
Job Location
Toronto • 
Montreal • 
Waterloo • 
Remote Work Policy

In office - WFH flexibility

Visa Sponsorship

Not Available

RelocationAllowed
Skills
Python
SQL
Financial Modeling
VBA
Excel
Financial Instruments
Stochastic Modelling
Model Risk Management
Risk Management Principles

About the job

The Quantitative Analytics team within Financial Risk provides quantitative financial modelling and analytics capability to a variety of stakeholders in Group Risk, Group Finance and Business Units. The team focuses on model, methodology and application development to support liability valuation, risk measurement, insurance product pricing and decision making.

Reporting to the AVP, Quantitative Analytics, the Senior Quantitative Analyst is accountable for the development and implementation of quantitative models to support business growth.

Primary Responsibilities:

  • Develop sophisticated models to generate economic scenarios for multiple asset classes, enhancing our valuation, pricing, capital, and risk reporting capabilities.
  • Innovate calibration methodologies and tools for model inputs to ensure accuracy and reliability.
  • Maintain transparency and facilitate model risk management and audits by meticulously documenting risk models and processes.
  • Champion continuous improvement initiatives to drive efficiency and effectiveness within the risk modeling function.
  • Collaborate on ad-hoc projects, providing quantitative expertise to business partners, senior management, and industry working groups.
  • Stay at the cutting edge of financial modeling by engaging with academic literature and attending workshops and conferences

Required Qualifications:

  • Master or Ph.D. in Quantitative/Mathematical Finance, Mathematics, Statistics, or a related field;
  • Experience in stochastic modelling with knowledge of financial instruments and risk management principles.
  • Experience in Python, EXCEL, VBA and SQL, and a passion for leveraging technology to solve complex problems.
  • Exceptional analytical and problem-solving skills.

  • Strong communication and documentation proficiency.

  • Ability to forge strong relationships with business areas and cross-functional teams.

  • Results-driven with a strong focus on accountability.

  • Collaborative spirit and the ability to manage multiple stakeholders effectively.

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.

Similar Jobs

CookUnity company logo
CookUnity
Signature meals from award-winning chefs, delivered to your door
Take-Two Interactive Software company logo
Take-Two Interactive Software
Game development needs creativity, but creativity needs an environment to be nurtured in
BrainStation company logo
BrainStation
Digital skills training for the future of work
BrainStation company logo
BrainStation
Digital skills training for the future of work
Clutch company logo
Clutch
Reinventing Car Buying and Selling
Ask Arthur company logo
Ask Arthur
The AI Communication Stack for Restaurants - Voice, SMS and Email
Citylitics company logo
Citylitics
Precise AI-Powered Insights on North American Infrastructure Projects