Manulife Financial Corporation

Senior Business Analyst

Manulife Financial Corporation • $73K — $122K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree or equivalent business experience
  • Over 5 years in business analysis, process improvement, or project delivery
  • Proficient in gathering and managing business requirements
  • Strong knowledge of business analysis methodologies and process mapping
  • Ability to manage multiple priorities in a fast-paced environment
  • Excellent analytical, critical thinking, and problem-solving skills
  • Strong verbal and written communication skills, including facilitation and stakeholder management
  • Experience with Agile, Scrum, or Waterfall methodologies

Responsibilities

  • Elicit and document business requirements and validate outcomes
  • Translate business needs into functional requirements and user stories
  • Identify and recommend process improvements and operational efficiencies
  • Develop and maintain business requirement documents and process maps
  • Facilitate discovery sessions and stakeholder interviews for requirement gathering
  • Support user acceptance testing and business readiness activities
  • Act as a liaison between business and technology teams to ensure alignment

Benefits

  • Opportunities for professional development and career growth
  • Flexible work environment prioritizing well-being and inclusion
  • Support from a global team to shape future success
  • Comprehensive health, dental, and mental health benefits
  • Retirement savings plans with employer matching contributions
  • Generous paid time off including vacation and personal days
  • Employee assistance programs and wellness benefits
Full Job Description

The Senior Business Analyst is a key team member who partners with business stakeholders, Product Owners, and cross-functional teams to identify, analyze, and document business requirements and recommend solutions that improve business processes, customer experiences, operational effectiveness, and organizational outcomes. The Senior Business Analyst supports strategic initiatives, technology implementations, process improvements, and new product development under the guidance of the Product Owner. We reserve the right to change duties or assign additional duties at any time with or without notice.


Position Responsibilities:


Business analysis and process improvement


  • Elicit, analyze, document, and validate business requirements, objectives, and outcomes with stakeholders
  • Translate business needs into clear functional requirements, user stories, process flows, and business rules
  • Analyze current business processes and identify opportunities for process improvements, operational efficiencies, and enhanced customer experiences
  • Support the assessment and evaluation of business problems and recommend practical solutions aligned with strategic objectives
  • Develop and maintain business requirement documents, workflows, process maps, use cases, and functional specifications
  • Document current-state and future-state business processes to support change initiatives and system enhancements
  • Identify impacts of proposed changes on people, processes, policies, systems, and reporting
  • Support the development and implementation of new processes, products, and business capabilities
  • Facilitate requirements workshops, discovery sessions, and stakeholder interviews to gather and validate requirements
  • Assist in the definition of business acceptance criteria and success measures for initiatives
  • Support business readiness activities and contribute to the development of business procedures and operational documentation
  • Identify risks, dependencies, assumptions, and opportunities throughout the project lifecycle
  • Monitor and evaluate implemented solutions to ensure business objectives and expected benefits are achieved

Communication


  • Provide effective communication with business unit management as well as business partners across Information Technology, Operations, Product & Marketing, Sales & Distribution, Compliance, Risk, and other functional teams
  • Prepare and deliver clear, concise, and professional documentation, recommendations, presentations, and status updates for stakeholders at all levels
  • Facilitate discussions to build alignment, resolve issues, and support informed decision-making
  • Communicate complex business concepts and project impacts in a manner that is understandable to both technical and non-technical audiences

Collaborate with business and technical partners


  • Work closely with stakeholders across the organization to understand business challenges, goals, and operational needs
  • Conduct interviews, workshops, and collaborative sessions with business and subject matter experts to identify and communicate requirements
  • Partner with Product Owners, Project Managers, Business Analysts, Quality Assurance teams, and technology teams to ensure business requirements are fully understood and implemented
  • Support the development of user acceptance testing (UAT) plans, test scenarios, and business validation activities
  • Coordinate and participate in testing activities to ensure solutions meet business requirements and expectations
  • Support change management, training, and implementation activities to facilitate successful adoption of new processes and solutions
  • Act as a liaison between business and technical teams to ensure alignment throughout the delivery lifecycle

Required Qualifications:


  • University degree or equivalent business experience
  • More than 5 years of business analysis, process improvement, and/or project delivery experience
  • Demonstrated experience gathering, documenting, and managing business requirements throughout the project lifecycle
  • Strong understanding of business analysis methodologies, process mapping, workflow design, and requirements management practices
  • Ability to handle multiple demands and competing priorities in a fast-paced environment
  • Strong analytical, critical thinking, and problem-solving skills
  • Excellent verbal and written communication skills, including facilitation, presentation, and stakeholder management
  • Proven ability to build relationships and collaborate effectively across business and technology teams
  • Experience facilitating workshops, interviews, and requirements gathering sessions with diverse stakeholder groups
  • Ability to create business process maps, user stories, use cases, functional requirements, and business documentation
  • Experience supporting user acceptance testing, business readiness, and implementation activities
  • Strong organizational skills with attention to detail and commitment to quality
  • Ability to work independently and collaboratively within cross-functional teams
  • Knowledge of Agile, Scrum, Waterfall, or hybrid delivery methodologies
  • Experience working on technology-enabled business transformation, process improvement, or product initiatives


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

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$73,725.00 CAD - $122,875.00 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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