Actuarial Co-op Program 2026

Manulife; Montreal; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading financial services provider is seeking an Actuarial Co-op student in Montreal. This role offers valuable exposure to pricing, valuation, and risk management while working alongside industry experts. Candidates pursuing degrees in Actuarial Science or related fields, coupled with bilingual communication skills, are encouraged to apply. This position provides mentorship, networking opportunities, and access to Canada's largest actuarial network, alongside a competitive compensation package in a hybrid working arrangement.

Benefits

Competitive compensation

Personalized mentorship

Access to actuarial events

Qualifications

• Working toward a degree in Actuarial Science or related field.
• Relevant actuarial experience is an asset.
• Strong commitment towards FSA/FCIA designations.

Responsibilities

• Gain insights from actuarial professionals.
• Build a professional network in the actuarial field.
• Attend presentations to enhance knowledge.

Skills

Bilingual (French/English)

Problem-solving skills

Communication skills

Education

Relevant University degree in Actuarial Science, Math, or Statistics

Tools

Excel

AXIS or actuarial software

Job description

**Please note there are specific application instructions required to be considered for this role**

At Manulife, we believe in investing in the future – starting with you. Our Actuarial Co‑op Program is your launchpad to success, offering the support, structure, and exciting opportunities you need to thrive and make your mark.

As an Actuarial Co‑op student, you’ll gain valuable exposure to key actuarial disciplines, including pricing, valuation, modeling, risk management, asset‑liability management, and experience analytics. You will develop crucial technical and business skills while collaborating with industry‑leading actuaries and professionals in a supportive learning environment.

Our co‑op program offers more than just experience; you’ll join a vibrant community, participate in engaging events, receive competitive compensation with exam study support, benefit from personalized mentorship, and access Canada’s largest actuarial network.

Position Responsibilities

• Work alongside actuarial professionals, gaining insights into industry standards and practices while picking up professional effectiveness habits.
• Build a professional network in one of the largest actuarial employers in North America.
• Attend presentations from guest speakers on a variety of topics (e.g., AXIS modelling, actuarial functions, and exam study tips).
• Develop technical and soft skills by participating in presentations.

Required Qualifications

• Working toward a University degree in Actuarial Science, Math, Statistics, or a related discipline.
• Possessing relevant actuarial experience and demonstrating a strong commitment toward FSA/FCIA designations (e.g., passing at least one SOA exam) is considered an asset.
• Fully bilingual (French/English): the successful candidate will be required to communicate in English and French to support clients from various jurisdictions outside Quebec.

Preferred Qualifications

• A working knowledge of Excel is required; experience with AXIS or other actuarial software is an asset.
• Excellent communication skills with ability to effectively present issues, options, and recommendations to both actuarial and non‑actuarial audiences.
• Solution‑oriented with strong analytical and problem‑solving skills.
• Self‑starter and team player with a high level of initiative and strong work ethic.
• Demonstrated leadership qualities in prior roles and/or extracurricular activities.

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.
• As part of our co‑op program, you will gain early access to Manulife’s premier early‑talent program, Graduate Recruitment Opportunities (GRO), tailored to graduating students! This program is designed to launch your career with the support, structure, and opportunities you need to thrive.

Application Instructions

• Please submit your resume, academic transcript, and work term evaluation in one PDF file.
• In your resume, indicate your location preference and the co‑op term(s) you are available to work (May‑Aug/Sep‑Dec).

#LI-Hybrid

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer.

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. 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, colour, 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.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].

Working Arrangement

Hybrid