Manager - Administrative Services Only (ASO) Billing

Sponsor Financial Services (SFS) plays a critical role in supporting the financial operations of Group Benefits clients. Our teams are responsible for the accurate administration of billing, funding, payments, reconciliations, and other financial transactions that support client benefit plans.

The Manager, Administrative Services Only (ASO) Billing leads a team responsible for the financial administration of self-funded employee benefit plans. Under these arrangements, clients fund their own benefit claims while Manulife provides claims administration, billing, reporting, and related financial services.

Reporting to the Director, Sponsor Financial Services, this role is accountable for ensuring the accurate and timely billing, reconciliation, and financial administration of client accounts while maintaining strong financial controls, delivering exceptional client service, and driving operational excellence.

The successful candidate will provide leadership to a dynamic team and work closely with partners across Finance, Underwriting, Sales, Risk Management, and Operations to support business objectives and enhance client experience.

Position Responsibilities:Financial Operations & Billing Oversight

• Lead the day-to-day administration of self-funded benefit plan billing operations.
• Oversee the accurate monthly bill runs and invoicing of benefit claim costs, administrative fees, adjustments, recoveries, taxes, and other client financial transactions.
• Ensure timely and accurate reconciliation of client accounts, funding arrangements, and financial activity, as well as Balance Sheet claims and suspense accounts.
• Manage complex financial transactions, escalations, and exceptions while ensuring timely resolution.
• Monitor and manage suspense accounts, beyond clearing standards items, and aged financial exceptions to ensure timely resolution.
• Maintain a strong control environment to support financial accuracy, integrity, and audit readiness.

Risk Management & Financial Controls

• Identify, assess, and mitigate operational and financial risks associated with billing and financial administration activities.
• Monitor, analyze, and report on key performance indicators (KPIs), service level agreements (SLAs), and operational metrics.
• Ensure compliance with internal policies, controls, audit requirements, and regulatory obligations.
• Partner with Finance, Risk Management, and Control functions to strengthen processes and address control gaps.
• Support internal and external audits and ensure timely completion of remediation activities (SOX / SOC 1 compliance).

Stakeholder Engagement Management

• Develop and maintain strong partnerships with internal and external stakeholders.