Are you ready to shape the future of life insurance product development? Join our advanced analytics and AI team, where you’ll work with data from across our global enterprise to solve high-impact actuarial problems. You’ll have the opportunity to understand, predict, and influence actuarial assumptions, helping us accelerate product development cycles and deliver more competitive pricing and features.

As an Actuarial Data Scientist, you’ll collaborate with actuarial, business, and technology teams to tackle challenges such as experience studies, reserve forecasting, assumption setting, and risk modeling. Your work will directly impact on how we design, price, and launch innovative insurance products.

Position Responsibilities:

• Partner with actuarial and business leaders to identify opportunities for analytics-driven solutions in product development, pricing, and assumption management.
• Develop and implement models for experience studies, reserve forecasting, and risk assessment using advanced statistical and machine learning techniques.
• Analyze large, complex actuarial and financial datasets to generate actionable insights and recommendations.
• Collaborate with IT and business operations to bring models and analytics solutions into production, driving real changes in actuarial processes.
• Communicate findings clearly to both technical and non-technical stakeholders, helping them interpret results and make informed decisions.
• Stay current with new methodologies, tools, and data sources relevant to actuarial science and insurance analytics.
• Contribute to a culture of innovation by sharing ideas, mentoring junior team members, and participating in cross-functional projects.

Required Qualifications:

• Experience in life insurance product development or pricing (or closely related actuarial/quantitative roles), with a solid understanding of insurance concepts and business drivers. An actuarial designation (ASA, FSA, FCIA) is a plus but not required.
• Bachelor’s or advanced degree in a quantitative field such as Statistics, Mathematics, Computer Science, Data Science, Engineering, Actuarial Science, or a related discipline.
• Strong programming skills are essential, with demonstrated experience using Python for data analysis, modeling, or production-quality code. Experience with MATLAB is a strong plus; familiarity with R or SQL is also beneficial.

Preferred Qualifications:

• Curiosity and willingness to learn new tools, frameworks, and methodologies, particularly at the intersection of data science, AI, and insurance product innovation.
• Strong communication and collaboration skills, with the ability to translate technical results into clear insights for cross‑functional stakeholders (e.g., product, actuarial, technology).
• Ability to manage competing priorities and deliver high‑quality results in a fast‑paced, evolving environment.

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

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

Boston, MassachusettsHybrid

Salary range is expected to be between

$90,160.00 USD - $167,440.00 USD

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/John Hancock 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/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

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Company: John Hancock Life Insurance Company (U.S.A.)