At Manulife, we believe in investing in the future starting with you! Our GRO program is a bold new approach to early talent development, designed to launch your career with the support, structure, and opportunities you need to thrive. GRO is Manulife’s flagship early talent program. It’s more than just a job, it’s a launchpad for your career. GRO offers a consistent, high-quality experience for new graduates across the organization. Step into your future with our Actuarial Development Program (ADP) — a key stream within our GRO early talent program. ADP is designed to launch high-potential actuarial talent into impactful careers through structured rotations every 18 - 24 months across areas like Pricing, Valuation, Risk Management, and more. As part of GRO, you’ll join a vibrant community of peers, benefit from professional development sessions, core skills training, mentorship, leadership exposure, and full support on your FSA/FCIA journey—including paid study time and exam resources. With increasing responsibility, competitive compensation, and access to Canada’s largest actuarial network, ADP empowers you to grow into a future business and technical leader while making a difference for customers around the world.

Position Responsibilities

Help design and price insurance and annuity products. Play a key role in establishing actuarial assumptions, quantifying reserves, and meeting regulatory and capital requirements. Provide analysis and sound advice to business partners to help meet our strategic goals. Collaborate with management to identify risks and opportunities while taking initiatives to improve business performance. Support a culture of continuous improvement through ongoing analysis of procedures and actuarial methodologies. Develop better insights and processes by leveraging the latest technology.

Required Qualifications

Working towards a University degree in Actuarial Science, Math, Statistics, or related discipline with expected graduation of 2027. Possessing relevant actuarial experience and demonstrating a strong commitment towards FSA/FCIA designations (e.g. passing at least one SOA exam).

Preferred Qualifications

Well-developed interpersonal, organizational, communication, and leadership skills. Solution-oriented with strong analytical and problem-solving skills. Self-starter and team player with a high level of initiative and strong work ethic. Excellent working knowledge of Excel is required. Experience with AXIS or other actuarial software is an asset.

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.

Application Instructions

Please indicate the number of actuarial exams you have completed in your resume. Please submit your resume, academic transcript, and work term evaluation (if any) in one PDF file.

Salary range is expected to be between

$75,000.00 CAD - $105,000.00 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 hr@manulife.com for the salary range for your location. Manulife/John Hancock 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/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. #LI-Hybrid This posting supports an ongoing hiring initiative for existing and/or future vacancies.

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 hr@manulife.com.

Referenced Salary Location

Waterloo, Ontario Working Arrangement Salary range is expected to be between $60,900.00 CAD - $101,500.00 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 hr@manulife.com for the salary range for your location. 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. If you are applying for this role in the U.S., please contact hr@manulife.com 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.