Actuary, Corporate Development

Manulife • Waterloo, ON

11d • Hybrid

About The Position

Corporate Development serves as a strategic team responsible for managing Manulife’s mergers, acquisitions, and divestitures end-to-end, while driving major projects aligned with company goals. Acting as a trusted partner and control function, the team ensures transactions are well-structured, risk-managed, and executed through a disciplined process. Highly collaborative and cross-functional, Corporate Development works with all business segments to enable growth and deliver on strategic priorities. As part of the Corporate Development team, the Actuary, Corporate Development is a key strategic role focused on performing valuations using actuarial and other financial techniques to support mergers, acquisitions, and divestitures. This person will be a strong communicator and adept at creating presentations that clearly and effectively convey M&A opportunities, analyses, and strategic conclusions to stakeholders. As part of a highly collaborative and cross-functional team, they will ensure that all transactions are well-structured and risk-managed, playing a crucial role in driving projects that align with the company’s growth objectives and strategic priorities.

Requirements

• Over 7 years of experience in progressive actuarial roles.
• FSA or FCIA is required
• Strong financial background, with prior M&A or business development experience
• Strong understanding of financials statements, general accounting standards, and competence in developing proforma statements and metrics on a standalone and consolidated basis
• Strong written and visual communication skills, particularly in Microsoft PowerPoint, with experience preparing executive level presentations
• Proactive, self-directed, and able to work independently with a team of professionals
• Demonstrated project management and leadership experience, with the ability to manage and prioritize several projects at one time

Nice To Haves

• Bilingualism (English and French) is an asset.
• If the successful candidate is in Québec, proficiency in both languages will be required to support clients from various provinces outside of Quebec.

Responsibilities

• Assess the impact of transactions or strategic initiatives with respect to Manulife’s operations, goals and objectives - both from a financial and strategic perspective.
• Development of oral and written presentations which present analysis and conclusions in clear and concise manner.
• Conduct detailed research with respect to company or industry specific information, including but not limited to, competitor analysis, industry transaction analysis, emerging competitive, capital, regulatory and accounting landscapes.
• Prepare reports and presentations on a variety of industry related topics.
• Support the valuation process for potential transactions, including peer review of calculations as well as period over period movements in capital, reserves, earnings projections and other transaction metrics.
• Assist in managing transactions from initial evaluation stages through to due diligence, negotiations and closing.
• Liaise with other areas to ensure assumptions used for the valuation are appropriate and consistent with Manulife’s standards.

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Ph.D. or professional degree