Actuary, Corporate Development at Manulife

Waterloo, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

07 Aug, 26

Salary

195130.0

Posted On

09 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Valuation, Mergers and Acquisitions, Financial Modeling, Proforma Statements, Project Management, Executive Presentations, Microsoft PowerPoint, Due Diligence, Competitor Analysis, Risk Management, Financial Statement Analysis, Strategic Planning

Industry

Insurance

Description

Corporate Development serves as a strategic team responsible for managing Manulife’s mergers, acquisitions, and divestitures end-to-end, while driving major projects aligned with company goals. Acting as a trusted partner and control function, the team ensures transactions are well-structured, risk-managed, and executed through a disciplined process. Highly collaborative and cross-functional, Corporate Development works with all business segments to enable growth and deliver on strategic priorities. As part of the Corporate Development team, the Actuary, Corporate Development is a key strategic role focused on performing valuations using actuarial and other financial techniques to support mergers, acquisitions, and divestitures. This person will be a strong communicator and adept at creating presentations that clearly and effectively convey M&A opportunities, analyses, and strategic conclusions to stakeholders. As part of a highly collaborative and cross-functional team, they will ensure that all transactions are well-structured and risk-managed, playing a crucial role in driving projects that align with the company’s growth objectives and strategic priorities. Position Responsibilities: Assess the impact of transactions or strategic initiatives with respect to Manulife’s operations, goals and objectives - both from a financial and strategic perspective. Development of oral and written presentations which present analysis and conclusions in clear and concise manner. Conduct detailed research with respect to company or industry specific information, including but not limited to, competitor analysis, industry transaction analysis, emerging competitive, capital, regulatory and accounting landscapes. Prepare reports and presentations on a variety of industry related topics. Support the valuation process for potential transactions, including peer review of calculations as well as period over period movements in capital, reserves, earnings projections and other transaction metrics. Assist in managing transactions from initial evaluation stages through to due diligence, negotiations and closing. Liaise with other areas to ensure assumptions used for the valuation are appropriate and consistent with Manulife’s standards. Required Qualifications: Over 7 years of experience in progressive actuarial roles. FSA or FCIA is required Strong financial background, with prior M&A or business development experience Strong understanding of financials statements, general accounting standards, and competence in developing proforma statements and metrics on a standalone and consolidated basis Strong written and visual communication skills, particularly in Microsoft PowerPoint, with experience preparing executive level presentations Proactive, self-directed, and able to work independently with a team of professionals Demonstrated project management and leadership experience, with the ability to manage and prioritize several projects at one time Preferred Qualifications: Bilingualism (English and French) is an asset. If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec. 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. 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 hr@manulife.com. Referenced Salary Location Toronto, Ontario Working Arrangement Hybrid Salary range is expected to be between $145,130.00 CAD - $195,130.00 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 hr@manulife.com 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 hr@manulife.com 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. We're Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go. We’re proud of our accomplishments and recognitions. Recent awards include: 2024 Gallup Exceptional Workplace Award Winner Manulife Named one of Forbes World’s Best Employers 2023 Best Companies to Work for in Asia 2023 We’ve been recognized as one of Canada’s Top 100 Employers (2024) Manulife included in Bloomberg’s 2023 Gender-Equality Index To receive our latest job opportunities directly to your inbox, create an account or sign in and navigate to the ‘Job Alerts’ section located in the top right corner of the page. From there, you can sign up to receive job alerts. Our ambition is to be the most digital, customer-centric global company in our industry. Learn more at https://www.manulife.com/.

Responsibilities

Perform actuarial valuations and financial analyses to support mergers, acquisitions, and divestitures. Create executive-level presentations and conduct industry research to align transactions with company growth objectives.