Hybrid Actuary – Corporate Development

at Manulife

• Job title: Actuary – Corporate Development
• Job type: Full Time
• Experience level: Senior, Lead
• Salary: CA$145,130 - CA$195,130 per year
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, Toronto, Canada

About the role

• Actuary focused on valuations for mergers, acquisitions, and divestitures at Manulife. Collaborating with cross-functional teams while developing strategic presentations for stakeholders.

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

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 financial 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
• Bilingualism (English and French) is an asset

Benefits

• health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage
• adoption/surrogacy and wellness benefits
• employee/family assistance plans
• retirement savings plans (including pension and a global share ownership plan with employer matching contributions)
• financial education and counseling resources
• generous paid time off program in Canada includes holidays, vacation, personal, and sick days
• full range of statutory leaves of absence