If you are building a career in Finance or Insurance, you must have heard of Manulife Company, also known as John Hancock in the US. It is among the leaders of the industry, and a job with them would look on anyone’s resume. We have researched the company, its background, and range of services, as well as employee benefits and interview process to help you secure an interview and a job offer.
What Does Manulife Do?
The Manufacturers Life Insurance Company was initially established in 1887 in Ontario with Canadian Prime minister and Ontario’s lieutenant-governor at the helm. Manulife has gone through several restructuring processes and is now an international public company with over 34,000 employees who provide services for over 28 million people across the globe. Canada, the USA, and South-Eastern Asia make up the majority of markets Manulife covers.
With an annual revenue of over $10 billion, the company manages over $887 billion in assets. In 12 months, Manulife has paid over $29 billion in customer claims and benefits.
Insurance is Manulife’s primary service, and the company is forever expanding its offers. For instance, in 2016, it became the first company in Canada to offer life insurance to customers who had tested HIV-positive. However, Manulife is also an investment company that offers segregated and mutual funds, investment pools, and even banking solutions. They also provide wealth management services.
The Good, the Bad, and the Ugly of Working for Manulife
According to reviews on Glassdoor, the company offers multiple benefits and is an ideal workplace for anyone interested in the world of Finance or Insurance. Most employees are happy with the Manulife financial benefits and enjoy bonuses, health insurance, and retirement plans. A couple of years ago, the company extended the maternity leave to 20 weeks. Manulife also offers a flexible work schedule and opportunities to work remotely from home.
Despite multiple Manulife benefits, the company is far from perfect. As a massive international corporation, it shares the drawbacks of all big companies. A recent rebranding and restructuring of the company caused a wave of layoffs that had many departments scramble to keep up with the workload. As a result, multiple employees struggle with work/life balance due to long hours.
Some reviewers comment on the lack of career advancement opportunities, as new hires fill most of the management positions. While many Manulife reviews commend its diverse workforce, some employees mention the company does not hire enough women, especially to fill management roles. However, it is good to see company representatives keep up with employee feedback. Most of the Glassdoor reviews come with a response from Manulife Head of Talent Acquisition.
How to Get a Job at Manulife?
At the time of writing, there were over 1,300 Manulife jobs openings available across 10+ locations. The easiest way to apply for a job is to use Manulife online platform. You can browse and choose the position you like and press the “Apply” button. However, before proceeding, you will have to join their Talent Network and fill in the form with your contact information. You can also sign up for a newsletter with the newest job opportunities at Manulife. After that, the website will take you through the application process.
According to Glassdoor reviews, most applicants go through one or two round of face-to-face interviews with one to three company representatives. Engineering positions come with more technical interview rounds and coding challenges.
Common interview questions cover work experience, position-specific hard skills, as well as soft skills and the solutions for hypothetical workplace problems. While most applicants report easy and comfortable interview experience, some faced controversial questions. Be prepared to answer uncomfortable queries and remain calm to make the best impression. The whole application process can take anywhere from one day to several months, depending on the position and location.If you can’t imagine your career anywhere, but in the world of Insurance and International Finance, Manulife can be your perfect workplace. Are you ready to apply for a job? Is your resume good enough to catch the attention of this company? If you have any doubts, let our professionals go over your resume and turn it into an irresistible one-page sales pitch for you. Our team is full of the best resume writers with years of HR experience; they know how to make your application stand out and win you an interview invitation and a job offer. With Resume101, nothing can stop you from getting the dream job!