Director & Actuary, Corporate Development

Company 1 - The Manufacturers Life Insurance Company; Toronto; Hybrid; CAD 145,000 - 195,000; Full time

Benefits offered by this job

Health, dental, mental health, vision,

Disability, life and AD&D insurance

Retirement savings plans

Generous paid time off

Employee/family assistance plans

Job summary

Manulife/John Hancock seeks a Director & Actuary to join Corporate Development, combining actuarial and financial analysis with hands-on transaction execution across mergers, acquisitions, divestitures and strategic initiatives.

The role manages end-to-end transactions, including assessment, valuation, due diligence, negotiations, approvals, integration planning and post-closing monitoring, while communicating insights to senior leaders.

Qualifications

• FSA/FCIA designation with 3+ years progressive experience.
• Strong analytical judgment and ability to interpret results; capable of coordinating practical resolutions.

Responsibilities

• Conduct company- and industry-specific research including precedent transaction analysis.
• Prepare executive-ready reports and presentations on industry and transaction topics.
• Support valuation and analyze period-over-period movements in capital and reserves.
• Help manage transactions from evaluation through due diligence, negotiations and closing.
• Collaborate with actuarial, finance, and business teams to ensure valuation assumptions meet Manulife standards.
• Assess financial and strategic impact of potential transactions on operations and goals.
• Communicate conclusions clearly in written and oral form.
• Contribute to a collaborative environment and manage multiple priorities in a fast-moving setting.

Skills

Strategic analysis

M&A execution

Cross-functional collaboration

Leadership

Communication

Education

Fellow of the Society of Actuaries (FSA) or FCIA

Tools

PowerPoint

Job description

We are seeking a Director & Actuary to join Corporate Development, a highly dynamic team that partners across Manulife to evaluate and execute mergers, acquisitions, divestitures and other major strategic initiatives. The role combines actuarial and financial analysis with hands‑on transaction execution, senior‑level communication and cross‑functional collaboration. The opportunity Corporate Development manages transactions on an end‑to‑end basis, including opportunity assessment, valuation, due diligence, deal structuring, negotiations, internal approvals, integration planning, closing and post‑closing monitoring. The team acts as a catalyst, enabler and partner to help Manulife’s businesses execute their strategies through M&A as a complement to organic growth, while applying a disciplined process that identifies and manages key transaction risks.

Position responsibilities

• Conduct detailed company‑ and industry‑specific research, including competitor and precedent transaction analysis and assessment of emerging competitive, capital, regulatory and accounting developments.
• Prepare clear, concise reports and executive‑ready presentations on industry, strategic and transaction‑related topics.
• Support the valuation of potential transactions, including reviewing calculations and analyzing period‑over‑period movements in capital, reserves, earnings projections and other transaction metrics.
• Help manage transactions from initial evaluation through due diligence, negotiations, internal approvals and closing.
• Partner with actuarial, finance, business and other functional teams to ensure valuation assumptions are appropriate and consistent with Manulife standards.
• Assess the financial and strategic impact of potential transactions and strategic initiatives on Manulife’s operations, goals and objectives.
• Communicate analytical conclusions and recommendations effectively in both written materials and oral presentations.
• Contribute to a collaborative, team‑oriented environment and support multiple concurrent priorities in a fast‑moving setting.

Required qualifications Fellow of the Society of Actuaries (FSA) and/or Fellow of the Canadian Institute of Actuaries (FCIA), with 3+ years of progressive experience. Strong analytical judgment, including the ability to interpret results, identify issues and coordinate timely, practical resolutions. Ability to develop and assess pro forma financial statements on both a standalone and consolidated basis. Strong understanding of financial statements, actuarial and valuation concepts, and transaction‑related capital and reserve considerations. Excellent organizational skills and flexibility to manage and prioritize several projects at the same time. Strong interpersonal, communication and leadership skills, with the ability to work effectively across functions and levels of the organization. Proactive and self‑directed, with the ability to work independently and as part of a team of professionals. Excellent written and visual presentation skills, particularly in Microsoft PowerPoint.

Preferred qualifications Experience in corporate development, transaction advisory, actuarial finance, valuation, capital management or a related field. Knowledge of insurance industry financial metrics, accounting standards, regulatory capital frameworks and performance evaluation tools. Experience supporting due diligence, transaction modeling, deal structuring or integration planning.

What you bring

An ownership mindset and sound judgment when working through complex or ambiguous issues. The ability to synthesize detailed actuarial, financial and strategic information into decision‑useful insights. A collaborative approach and confidence engaging with colleagues across businesses, functions and geographies. High standards for accuracy, clarity and execution.

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.

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].

Referenced Salary Location Toronto, Ontario

Working Arrangement Hybrid

Salary range is expected to be between $145,130.00 CAD - $195,130.00 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 [e-mail] for the salary range for your location.

Benefits

• 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.
• Varied retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources.
• 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 [e-mail] for more information about U.S.-specific paid time off provisions.
• We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

Our mission and recognition

We’re Manulife. And we’re on a mission to make decisions easier and lives better. Better is what drives us. It’s what inspires us to find new ways to support customers and colleagues in living longer and healthier lives. It’s the reason we’re dedicated to investing in digital innovation and industry‑leading AI, and accelerating a sustainable and economically inclusive future. Joining us means you’ll be empowered to learn and grow your career. We’ll recognize and support you in a flexible environment where well‑being and inclusion are more than just words. And as part of our global team, you’ll help shape the future you want to see – and discover that better can take you anywhere you want to go.

We’re proud of our accomplishments and recognition. Recent awards include: 2026 Gallup Exceptional Workplace Award Winner, Manulife Named one of Forbes World’s Best Employers 2025, Financial Times World’s Best Employers Asia‑Pacific 2026, We’ve been recognized as one of Canada’s Top 100 Employers 2026, #1 Life Insurer for AI Maturity by Evident 2026.

Learn more at https://www.manulife.com/.