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Fall Co-op 2026 - Global Hedging, Variable and… at Manulife · Toronto
Skills
Job Description
At Manulife John Hancock, we believe in investing in the future – starting with you. Our Global Hedging, Variable & Indexed‑Linked Products Co-op opportunity is your launchpad into the world of financial markets and risk management, offering the support, exposure, and hands-on experience you need to build a strong foundation and make a real impact.
Curious about how global insurance companies manage market risk? This internship, available in our Toronto office, offers a unique opportunity to gain real-world exposure to hedging strategies, financial derivatives, and global risk management practices. You’ll work alongside experienced professionals within Manulife’s Global Asset Liability Management (ALM) function, contributing to high‑visibility hedging programs that manage equity, variable annuity (VA), and indexed universal life (IUL) risks. This role is ideal for undergraduate students who are eager to learn in a collaborative, front/middle‑office style environment.
Position Responsibilities:
Support daily risk exposure mapping processes that drive Manulife’s global hedging programs.
Produce aggregate exposure and high‑level reporting used to support internal hedging decisions.
Leverage Bloomberg and Reuters market data applications to ensure accurate classification of securities within internal fund mapping systems.
Maintain up‑to‑date security classification data, including reflecting corporate actions and market‑related changes.
Produce ad‑hoc risk exposure reports for exchange‑traded funds (ETFs) and mutual funds hedged as part of the program.
Collaborate with team members to support the monitoring and performance analysis of hedging strategies.
Gain practical exposure to financial markets, derivatives, and real‑world trading‑related decision making.
Required Qualifications:
Currently pursuing an undergraduate degree in Business, Finance, Actuarial Science, Mathematics (preferably financial modelling), Risk Management, or a related field.
Strong interest in financial markets, hedging, and risk management fundamentals.
Advanced Excel skills are required (experience with VBA or Python is a strong asset).
Highly detail‑oriented with a strong focus on data integrity and accuracy.
Strong analytical thinking and problem‑solving skills.
Clear written and verbal communication skills, with the ability to operate in a professional front/middle‑office style environment.
Ability to work effectively in a collaborative, team‑oriented setting while demonstrating ownership and accountability.
Demonstrates curiosity, a willingness to learn, and a proactive approach to challenges.
Exhibits integrity and professionalism in all interactions.
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.
As part of our co-op program, you will gain early access to Manulife John Hancock’s premier early talent program, GRO, tailored to graduating students! This program is designed to launch your career with the support, structure, and opportunities you need to thrive.
Application Instructions:
Submit your resume, cover letter, academic transcript, and work term evaluation (if applicable) in one single PDF file.
Salary range is expected to be between:
$44,850.00 CAD – $60,450.00 CAD
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. The salary will be pro‑rated based on the length of the work term.
#LI‑Hybrid
The role being advertised is an existing vacancy.
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.
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.
Working Arrangement
Hybrid