Group Insurance Finance Manager

The Group Insurance Finance Manager role is a key member of the Group Insurance Financial Reporting team, accountable for delivering timely and accurate expense gain and allowables reporting.  This role will directly support the BU CFO and pricing team in achieving strategic objectives and making pricing decisions.  This role will provide direct leadership opportunities to develop junior staff on the Reporting team.

The Group Insurance Finance Manager will directly support the Head of the IGP Employee Benefits Network in achieving strategic and growth objectives as a part of the IGP Management Team.  The role will oversee all financial activities while utilizing your general accounting, finance and reporting expertise, leadership and IGP specific knowledge.

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Position Responsibilities

Financial Reporting and Controls

• Leadership of the IGP Management reporting

• Execute on the current journey towards enhanced NDC results reporting.

• Oversight of the monthly IGP earnings statements and governance of IGP results in coordination with Group Insurance Finance.

• Oversight of monthly, quarterly and annual Expense Gain/Gap & Allowables analysis.

• Oversight of monthly reporting of Fee Income profitability

• Find opportunities and deliver improved financial processes, reporting and controls

• Oversee financial controls

Forecasting / Strategic Planning

• Responsible for the monthly and annual forecasting and planning process over the expense gain/gap and allowables process in coordination with the Expense CoE

• Responsible for the annual forecasting and planning of fee income

• Oversee the IGP KPI and Earnings forecasting and planning process, in conjunction with the wider reporting team

Commercial support

• Liaise on an ad hoc basis with IGP clients’ or Network Partners’ finance partners and provide subject matter expertise to IGP commercial teams.

Required Qualifications:

• Post-secondary education in accounting and accounting designation is required

• Minimum of 5 years of finance/accounting experience

• Confirmed strong leadership, strategic thinking and personal effectiveness competencies: negotiating and influencing skills, adaptability to change and continuously showing initiative

• Strong collaboration within the team and across various units in the business and shared centers

• Proficiency with Microsoft Office and ability to learn new applications quickly

• Excellent analytical and problem-solving skills and ability to explore and understand complex financial processes

• Proven ability to manage multiple, conflicting priorities and deliver a quality result within tight deadlines

Preferred Qualifications:

• Professional accounting designation (CPA) is preferred

• Knowledge of Essbase, Lawson will be an asset

• Finance background with IGP or GB experience preferred

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.

#LI-Hybrid

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 [email protected].

Waterloo, Ontario

Hybrid

Salary range is expected to be between

$80,700.00 CAD - $145,260.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. 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. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

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 [email protected] for more information about U.S.-specific paid time off provisions.