GRO Program– Actuary Waterloo

At Manulife, we believe in investing in the future starting with you! Our GRO program is a boldnew 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.

— 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.

• 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.

• 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).

• 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.

• 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.

• $75,000.00 CAD - $ 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  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.

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This posting supports an ongoing hiring initiative for existing and/or future vacancies.

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

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