Manulife Financial Corporation

Senior Business Development Manager - Captives

Manulife Financial Corporation$120K — $170K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Marketing, Finance, Business, or Insurance.
  • 5+ years of sales and client relationship experience in Global Employee Benefits.
  • In-depth knowledge and experience in the Captive market.
  • Dynamic interpersonal skills for various professional interactions.
  • Fluency in English, both spoken and written.
  • Established professional network in the Employee Benefits industry.
  • Ability to work independently and collaboratively across departments.
  • Understanding of Pooling, Reinsurance to Captives, and Global Underwriting.

Responsibilities

  • Drive productivity of IGP's Captive proposition through new business pipelines.
  • Enhance IGP's Captive proposition for greater value and market visibility.
  • Build and maintain long-term relationships with clients and advisors.
  • Meet clients and prospects for networking; requires cross-border travel.
  • Achieve sales goals set by management.
  • Conduct product workshops for advisors and HR/Finance/Risk communities.
  • Collaborate with IGP Network Partners to boost new and existing business.
  • Participate in industry events and contribute to internal projects.
  • Lead Global RFP processes and finalist presentations.

Benefits

  • Opportunity for career growth and learning.
  • Flexible working environment emphasizing well-being and inclusion.
  • Global team support for impactful career aspirations.
  • Comprehensive health, dental, and mental health benefits.
  • Retirement savings plans with employer matching.
  • Generous paid time off policies including holidays and sick leave.
  • Access to financial education and counseling resources.
Full Job Description
The Senior Business Development Manager will be responsible for establishing and maintaining long-term relationships with clients, ensuring they view IGP as a professional, knowledgeable, and strong service provider.

This role involves meeting sales goals, visiting clients and key advisors, coaching/mentoring junior colleagues, and participating in various meetings and training sessions (lifelong learning).

Position Responsibilities:
  • Drive the productivity for IGP's Captive proposition by creating pipelines and closing on new business deals.
  • Own the continued evolution of IGP's Captive proposition, bringing it to a higher level in terms of value, visibility, and market relevance,
  • Creating and maintaining long-term working relationships with clients and advisors to ensure they view IGP as the number one Employee Benefits Network for Multinational Corporations of any size.
  • Meet with clients, prospects, and advisors in-person, to build and maintain a strong professional network. Cross border travelling will be required.
  • Meet challenging yet achievable sales and conservation goals as set by management.
  • Conduct enhanced/refresher workshops of products and services to advisor community, as well as the wider HR/Finance/Risk community.
  • Pro-Actively collaborate with IGP Network Partners to ensure a drive of new business and conservation of the existing business.
  • Attending/Speaking at IGP and industry events.
  • Actively contributing and participating in a wide variety of internal projects across the different departments.
  • Excel at Global RFP's and subsequent finalist presentations.


Required Qualifications:
  • Bachelor's degree majoring in Marketing, Finance, Business, Insurance.
  • Minimum 5 years of sales and strategic client relationship management experience in Global Employee Benefits. Elaborate experience in the Captive market is a strong pre.
  • Dynamic personality with good ability to interact with different people and level.
  • Systematic and structured to understand systems and processes.
  • Fluent in English, spoken and written.
  • Proven professional network in the Employee Benefits industry.
  • Being able to work both independently and in a wider team (cross-departmental)
  • Knowledge of Pooling, Reinsurance to Captives and Global Underwriting.


Thank you for your interest in the opportunity. Please note there is one position available which is open to candidates located in Boston, Toronto, or Brussels, and we are considering talent from all three locations.

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.


If you are applying in Toronto, the compensation for this role includes salary and sales incentives and is expected to be between $120,000 - $170,000 CAD

This posting supports an ongoing hiring initiative for existing and/or future vacancies.

Referenced Salary Location
Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between
$120,000.00 CAD - $170,000.00 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.

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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