Manulife Financial Corporation

Director, Underwriting Transformation & Delivery

Manulife Financial Corporation$125K — $175K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years in life insurance underwriting, new business operations, product development, or business transformation.
  • 5+ years leading large-scale transformation and operational improvement initiatives.
  • Strong knowledge of underwriting philosophies and risk assessment practices.
  • Exceptional communication and stakeholder management skills.
  • Ability to influence and drive outcomes across various functions.

Responsibilities

  • Lead underwriting transformation initiatives aligned with long-term business objectives.
  • Identify opportunities to improve underwriting effectiveness and operational efficiency.
  • Drive change management and ensure sustainability of business benefits.
  • Oversee Underwriting's role in product launches and platform modernization.
  • Support implementation of business changes with expertise and planning.
  • Establish priorities for Underwriting's involvement in multiple initiatives.
  • Develop talent and foster a culture of collaboration and continuous improvement.

Benefits

  • Opportunities for career growth and learning.
  • Flexible work environment with a focus on well-being and inclusion.
  • Support for shaping a positive future in a global team.
  • Comprehensive health, dental, mental health, and vision benefits.
  • Retirement savings plans including pension and stock ownership plans.
Full Job Description

The Director, Underwriting Transformation & Delivery leads the execution of individual insurance underwriting transformation initiatives and oversees Underwriting's participation in product, platform, operational, and business change programs across the Canada Segment. The role leads a team of underwriting subject matter experts and business analysts who support initiatives impacting underwriting and new business operations.

Accountable for delivering transformation initiatives aligned to the long-term underwriting vision, the Director drives process modernization, operational improvements, and business readiness efforts that enhance underwriting effectiveness, customer and advisor experiences, operational efficiency, and risk management outcomes.

Working closely with Product, New Business, Operations, Technology, Distribution, Risk Management, and Compliance, the Director ensures underwriting expertise, requirements, and risk considerations are effectively incorporated into business initiatives, enabling successful delivery and meaningful business outcomes.

Position Responsibilities:

Underwriting Transformation & Continuous Improvement

  • Lead the delivery of underwriting transformation initiatives aligned to the long-term underwriting vision and business objectives.

  • Identify and implement opportunities to improve underwriting effectiveness, operational efficiency, customer experience, and risk management outcomes.

  • Drive change management, business readiness, and adoption activities to ensure sustainable business benefits.

Product & Platform Enablement

  • Oversee Underwriting's participation in product launches, product enhancements, platform modernization efforts, and other business initiatives.

  • Ensure underwriting requirements, operational impacts, and risk considerations are appropriately incorporated into solution design and delivery.

  • Support successful implementation of business changes through underwriting expertise, impact assessments, and readiness planning.

  • Build strong partnerships across Product, New Business, Operations, Technology, Distribution, Risk Management, Compliance, and other key stakeholder groups.

Portfolio Delivery & Resource Leadership

  • Establish priorities and manage Underwriting's participation across multiple concurrent initiatives.

  • Ensure underwriting resources are effectively allocated to support business objectives and delivery commitments.

  • Monitor initiative progress and escalate risks, issues, dependencies, and resource constraints as appropriate.

  • Ensure appropriate governance, controls, and risk management practices are embedded throughout initiative delivery.

Talent Development

  • Lead and develop a team of underwriting subject matter experts and business analysts.

  • Foster a culture of collaboration, accountability, continuous improvement, and innovation.

  • Build organizational capability in underwriting systems, processes, and business transformation.

Required Qualifications:

  • 10+ years of experience in life insurance underwriting, new business operations, product development, business transformation, or related functions.

  • 5+ years of leadership experience delivering large-scale business transformation, operational improvement, product implementation, or platform modernization initiatives.

  • Demonstrated experience leading cross-functional teams through complex business and technology change initiatives.

  • Strong understanding of underwriting philosophies, processes, systems, and risk assessment practices.

  • Proven ability to influence stakeholders and drive outcomes across multiple business functions.

  • Experience leading cross-functional teams through complex change initiatives.

  • Experience partnering with Product, Technology, Operations, Risk Management, and Distribution teams.

  • Bachelor's degree in Business, Finance, Insurance, Risk Management, or a related field.

  • Proven people leadership and talent development experience.

  • Experience leading business transformation and change initiatives.

  • Strong strategic thinking and execution skills.

  • Exceptional executive communication and stakeholder management abilities.

  • Strong influencing and negotiation skills.

  • Ability to lead and collaborate across cross-functional teams.

  • Sound judgment with a risk-based approach to decision-making.

  • Strong prioritization, problem-solving, and execution capabilities.

Preferred Qualifications:

  • Project management, change management, or operational excellence certifications considered an asset.

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.

Referenced Salary Location

CAN, Ontario, Toronto, 250 Bloor Street East

Working Arrangement

Hybrid

Salary range is expected to be between

$125,100.00 CAD - $175,100.00 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 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 for more information about U.S.-specific paid time off provisions.

About Manulife Financial Corporation

John Hancock's core retail products in the U.S. focus on providing financial solutions at every stage of our clients' lives. Our product suite includes life insurance, mutual funds, 401(k) plans, long-term care (LTC) insurance, and annuities. We distribute our products primarily through licensed financial advisors, and through John Hancock Financial Network, a national network of independent firms.

Manulife Financial Corporation Careers

Join the dynamic team at Manulife Financial Corporation, a leading global financial services group dedicated to helping people make their decisions easier and lives better. With a presence in more than 20 countries, Manulife offers a diverse range of job opportunities that empower professional growth and innovation in the financial sector. Work You’ll Do At Manulife, every position contributes to our inclusive culture of diversity, leadership, and innovation. We are committed to fostering a workplace where every team member feels valued and has the opportunity for personal and professional growth. Join us to be part of a company that values your skills and passion. Explore a Wealth of Opportunities Whether you're seeking your first internship or a seasoned professional aiming to advance your career, Manulife offers a spectrum of career paths ranging from finance and marketing to technology and customer service. Our job opportunities are designed to enhance your skills through robust training programs and hands-on experience in a supportive environment. Innovate with Us Drive transformation in the financial services industry with Manulife’s commitment to technology and innovation. Work alongside over 34,000 professionals globally, leveraging cutting-edge tools and processes that redefine how financial services are delivered. Be Part of a Great Team Manulife’s team-oriented approach ensures that everyone’s voice is heard and valued. Collaborate with talented professionals from diverse backgrounds to develop solutions that improve the lives of our customers. Enjoy the benefits of a global company that supports your ambitions with resources and opportunities to lead and innovate. Future-Proof Your Career Manulife supports your career journey with continuous learning and development opportunities. From leadership training to networking events, we provide the tools to succeed and the platforms to showcase your achievements. Our commitment to career growth ensures that your journey with us will be rewarding and impactful. Stay Connected Join Our Team Discover the range of job opportunities at Manulife by exploring open positions that match your skills and interests. We are always on the lookout for curious, driven, and innovative team players who are ready to make a difference. Keep Up to Date Stay informed with the latest company news, career tips, and industry insights—all from the people who work here. Manulife is dedicated to providing you with the resources to thrive in your career. Job Alert Emails Customize your experience by subscribing to receive job alerts and insider information tailored to your preferences. Learn about exciting and rewarding opportunities as they arise and how you can be a part of our transformative team. Join Manulife Financial Corporation today and be part of a leading company where your career is as rewarding as it is impactful. Explore how far your talents can take you in an environment built on respect, integrity, and a desire to achieve the best outcomes for our clients and our team.
Learn more about Manulife Financial Corporation
Size
38,000 employees
Market Cap
$33.4 billion
Industry
Founded
1887
5 Year Trend
+1%
NASDAQ

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