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IT Business Systems Analyst, Insurance Technology

Job in Waterloo, Kitchener, Ontario, Canada
Listing for: Manulife Financial
Full Time position
Listed on 2026-06-14
Job specializations:
  • IT/Tech
    Data Analyst
Salary/Wage Range or Industry Benchmark: 86100 CAD Yearly CAD 86100.00 YEAR
Job Description & How to Apply Below
Location: Waterloo

Overview  Join our Insurance Technology Team! In this role, you’ll translate complex insurance product rules into accurate, reliable calculation engine specifications. You’ll collaborate with product experts, engineers, and analysts in a fast paced agile environment to ensure our calculations are accurate, efficient, and well-documented.
Position Responsibilities   Collaborate with business partners and technical teams to clarify objectives and capture requirements.
Analyze insurance product requirements and translate them into calculation logic.
Build and implement test plans to confirm calculation accuracy.
Investigate and resolve calculation defects, working closely with engineers to retest and validate fixes.
Maintain concise, accurate, and reusable documentation across products and projects.
Identify and implement process improvements that increase calculation accuracy and delivery efficiency.
Support production applications by analyzing calculation issues and recommending solutions.

Required Qualifications   5+ years proven track record as a business analyst in insurance, financial services, or a similar environment.
Solid grasp of insurance product calculations and/or illustration systems.
Strong analytical and problem-solving skills, with confidence working with numbers and logic.
Clear and effective communication skills - written and verbal to interact with diverse audiences.
Demonstrated ability to detail requirements and outcomes clearly and accurately.
Experience learning new tools and systems quickly and applying them in a business context.

Preferred Qualifications   Good interpersonal skills with the ability to lead competing priorities and delivery on schedule.
Proficiency with spreadsheets and familiarity with programming concepts.
Familiarity with operating in an Agile environment within a multi-functional squad.
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 distributed team, we’ll support you in shaping the future you want to see.
The role being advertised is an existing vacancy.
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 our site for more information.
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
Location and Salary  Referenced Salary

Location:

Waterloo, Ontario
Working Arrangement:
Hybrid
Salary range is expected to be between
$86,100.00 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…
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