Actuarial Development Program

4 weeks ago

Toronto, Ontario, Canada Manulife and John Hancock Full time
Unlock Your Potential in Actuarial Science

Manulife and John Hancock are seeking talented individuals to join our Actuarial Development Program, a comprehensive career advancement opportunity that will empower you to excel in the field of actuarial science. As a member of our team, you will have the chance to develop your skills, expand your knowledge, and take on increasingly complex challenges.

Program Overview
  • Rotate through various actuarial roles, including Pricing, Valuation, Experience Analytics, Risk Management, and more, every 24 to 36 months.
  • Enjoy formal support through your FSA/FCIA journey, including paid study time off, financial support for modules, exams, study materials, and textbooks.
  • Experience increasing levels of responsibility and compensation in conjunction with your work performance and successful progression through the actuarial exams.
  • Benefit from membership in the largest actuarial community in Canada, with access to exclusive actuarial social events.
  • Enjoy a competitive base salary, annual bonus incentives, a share purchase plan, a comprehensive pension plan, and flexible benefits options.
Key Responsibilities
  • Design and price insurance and annuity products.
  • Play a key role in establishing actuarial assumptions, quantifying reserves, and meeting regulatory and capital requirements.
  • Provide analysis and sound advice to business partners to help meet our strategic goals.
  • Collaborate with management to identify risks and opportunities while taking initiatives to improve business performance.
  • Support a culture of continuous improvement through ongoing analysis of procedures and actuarial methodologies.
Requirements
  • Working towards a University degree in Actuarial Science, Math, Finance, or a related discipline.
  • Possessing relevant actuarial experience and demonstrating a strong commitment towards FSA/FCIA designations (e.g., passing at least one SOA exam) are considered assets.
  • Well-developed interpersonal, organizational, communication, and leadership skills.
  • Solution-oriented with strong analytical and problem-solving skills.
  • Self-starter and team player with a high level of initiative and strong work ethic.
  • Excellent working knowledge of Excel is required. Experience with AXIS or other actuarial software is an asset.
What We Offer

Manulife and John Hancock are committed to creating a diverse and inclusive work environment that values and respects the contributions of all employees. We offer a wide range of 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 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 recruitment@manulife.com for more information about U.S.-specific paid time off provisions.

Manulife is an Equal Opportunity Employer. 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, color, 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.

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