We are seeking a Director & Actuary to join Corporate Development, a highly dynamic team that partners across Manulife to evaluate and execute mergers, acquisitions, divestitures and other major strategic initiatives. The role combines actuarial and financial analysis with hands-on transaction execution, senior-level communication and cross-functional collaboration.
The opportunity
Corporate Development manages transactions on an end-to-end basis, including opportunity assessment, valuation, due diligence, deal structuring, negotiations, internal approvals, integration planning, closing and post-closing monitoring. The team acts as a catalyst, enabler and partner to help Manulife's businesses execute their strategies through M&A as a complement to organic growth, while applying a disciplined process that identifies and manages key transaction risks.
Position responsibilities- Conduct detailed company- and industry-specific research, including competitor and precedent transaction analysis and assessment of emerging competitive, capital, regulatory and accounting developments.
- Prepare clear, concise reports and executive-ready presentations on industry, strategic and transaction-related topics.
- Support the valuation of potential transactions, including reviewing calculations and analyzing period-over-period movements in capital, reserves, earnings projections and other transaction metrics.
- Help manage transactions from initial evaluation through due diligence, negotiations, internal approvals and closing.
- Partner with actuarial, finance, business and other functional teams to ensure valuation assumptions are appropriate and consistent with Manulife standards.
- Assess the financial and strategic impact of potential transactions and strategic initiatives on Manulife's operations, goals and objectives.
- Communicate analytical conclusions and recommendations effectively in both written materials and oral presentations.
- Contribute to a collaborative, team-oriented environment and support multiple concurrent priorities in a fast-moving setting.
Required qualifications- Fellow of the Society of Actuaries (FSA) and/or Fellow of the Canadian Institute of Actuaries (FCIA), with 3+ years of progressive experience.
- Strong analytical judgment, including the ability to interpret results, identify issues and coordinate timely, practical resolutions.
- Ability to develop and assess pro forma financial statements on both a standalone and consolidated basis.
- Strong understanding of financial statements, actuarial and valuation concepts, and transaction-related capital and reserve considerations.
- Excellent organizational skills and flexibility to manage and prioritize several projects at the same time.
- Strong interpersonal, communication and leadership skills, with the ability to work effectively across functions and levels of the organization.
- Proactive and self-directed, with the ability to work independently and as part of a team of professionals.
- Excellent written and visual presentation skills, particularly in Microsoft PowerPoint.
Preferred qualifications- Experience in corporate development, transaction advisory, actuarial finance, valuation, capital management or a related field.
- Knowledge of insurance industry financial metrics, accounting standards, regulatory capital frameworks and performance evaluation tools.
- Experience supporting due diligence, transaction modeling, deal structuring or integration planning.
W
hat you bring- An ownership mindset and sound judgment when working through complex or ambiguous issues.
- The ability to synthesize detailed actuarial, financial and strategic information into decision-useful insights.
- A collaborative approach and confidence engaging with colleagues across businesses, functions and geographies.
- High standards for accuracy, clarity and execution.
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.
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The role being advertised is an existing vacancy.
Referenced Salary LocationToronto, Ontario
Working ArrangementHybrid
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 [redacted] 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 [redacted] for more information about U.S.-specific paid time off provisions.
