Actuarial Development Program: Rotations & Mentorship

Manulife Financial; Waterloo; Hybrid; CAD 75,000 - 105,000; Full time

Job summary

Manulife Financial's Actuarial Development Program (ADP) in Waterloo, Ontario, offers structured rotations across Pricing, Valuation, Risk Management, and more, with paid study time and mentor support.

As an ADP participant, you will design and price insurance products, build actuarial models, and contribute to strategic decisions while developing leadership and technical skills for a future in actuarial leadership.

Qualifications

• University degree in Actuarial Science, Math, Statistics, or related field with expected graduation in 2027.
• Actuarial experience and commitment to pursuing FSA/FCIA designations (e.g., passing at least one SOA exam).

Responsibilities

• Help design and price insurance and annuity products.
• Establish actuarial assumptions, quantify reserves, and meet regulatory and capital requirements.
• Provide analysis and sound advice to business partners to meet strategic goals.
• Collaborate with management to identify risks and opportunities while improving performance.
• Support continuous improvement through analysis of procedures and methodologies; leverage technology for insights.

Skills

Interpersonal skills

Organizational skills

Communication

Leadership

Analytical skills

Self-motivated

Education

Actuarial Science degree

Math/Statistics background

SOA exam pursuit

Tools

Excel

AXIS

Job description

Manulife Financial's Actuarial Development Program (ADP) in Waterloo, Ontario, offers structured rotations across Pricing, Valuation, Risk Management, and more, with paid study time and mentor support.

As an ADP participant, you will design and price insurance products, build actuarial models, and contribute to strategic decisions while developing leadership and technical skills for a future in actuarial leadership.