The Quantitative Models Development team provides quantitative modeling and analysis to support various business units within Manulife. The Manager, Quantitative Models Development has accountability and responsibility for developing models and analytics that used in house.

Responsibilities:

Partner closely with key business stakeholders—including ALM, hedging teams, and portfolio managers—to understand requirements and lead the design and delivery of valuation models and risk analytics that support strategic decision-making and portfolio management.

Drive the evolution of the analytics platform by enhancing existing models and tools, identifying opportunities for automation, and implementing scalable solutions to improve efficiency and consistency.

Oversee the performance and reliability of production models and analytical tools, proactively identifying risks, troubleshooting issues, and ensuring timely resolution to maintain high service standards.

Lead continuous improvement initiatives through regular model reviews, validation support, and performance assessments to ensure accuracy, robustness, and alignment with business needs and regulatory expectations.

Collaborate cross-functionally with risk, technology, and business teams to prioritize initiatives, manage delivery timelines, and support evolving organizational goals.

Qualifications:

Advanced degree or professional designation in Finance, Computer Science, Mathematics, Engineering, Statistics, or Actuarial Science (Master’s degree preferred).

Three to five years of experience in modeling or relevant model development within the financial services industry.

Strong foundation in quantitative finance and derivative valuation theory, with familiarity in market conventions and the pricing of fixed income, interest rate, and equity derivative investments.

Proficiency in an advanced programming language (e.g., C++, Python, SQL, VB/VBA, Matlab, etc.).

Strong problem-solving and analytical skills, with a proactive approach to identifying opportunities, driving solutions, and delivering results

Effective oral and written communication skills, with the ability to build strong working relationships.

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.

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 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

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$92,900.00 CAD - $142,900.00 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.