Manulife Financial

www.manulife.com
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Manulife Financial Reviews in Toronto, ON

Updated February 2, 2015
Updated February 2, 2015
106 Reviews
3.6
106 Reviews
Rating Trends

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Manulife Financial President and CEO Donald Guloien
Donald Guloien
106 Ratings

Review Highlights

Pros
  • Good work life balance, usally work 40 hours a week without much overtime (in 31 reviews)

  • The role also offers work from home opportunities and therefore some work life balance can be achieved (in 11 reviews)


Cons
  • Very stressful atmosphere and long working hours (in 9 reviews)

  • The work life balance here is quite terrible as most people only leave work after 8pm (in 6 reviews)

More Highlights

106 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    The Ideal Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Coordinator in Waterloo, ON (Canada)
    Former Employee - Project Coordinator in Waterloo, ON (Canada)

    I worked at Manulife Financial full-time (less than a year)

    Pros

    Work-life balance, very relaxed and flexible hours, open office concept, enjoyable atmosphere.

    Cons

    Many lazy employees, too many approval gates, responsibility confusion after restructuring.

    Advice to ManagementAdvice

    Create more autonomy and remove the gates of approvals/signatures.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Great, relaxing, professional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Quantitative Analyst in Toronto, ON (Canada)
    Former Employee - Quantitative Analyst in Toronto, ON (Canada)

    I worked at Manulife Financial

    Pros

    Flexible work hours (moreso depending on your manager), but people can come in as late as 10-10:30. All they request is that you complete your 7.5 hours a day. They pay very decently and they treat acturial students very well (reimbursements for exams, time off for studying etc)

    Cons

    From what I felt, the atmosphere is a little dull. Not too much friendliness or contact throughout the office. When I worked there and attended an office social, I realized that a lot of the long-time employees working in the same department didn't even know a lot of the other people's names.

    Advice to ManagementAdvice

    perhaps encourage more office social events, or a more lively atmosphere.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great company

    Former Employee - Rehabilitation Specialist in Kitchener, ON (Canada)
    Former Employee - Rehabilitation Specialist in Kitchener, ON (Canada)

    I worked at Manulife Financial full-time (more than 5 years)

    Pros

    Good compensation, benefits, training opportunities and great people to work with. Good employee recognition and felt valued as an employee.

    Cons

    High work volume and found it easy to work overtime (for which there was no compensation) just to keep on top of the work.

    Recommends
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  5.  

    Excellent company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Internal Wholesaler in Waterloo, ON (Canada)
    Former Employee - Internal Wholesaler in Waterloo, ON (Canada)

    I worked at Manulife Financial full-time (more than a year)

    Pros

    Management recognized talent and is genuinely interested in promoting personal and career growth. I worked in 3 different jobs at Manulife and my superiors and team in each case were excellent.

    Cons

    At the time there was significant redundancy within the company. Since I worked there I know that senior management has reduced a significant amount of that redundancy.

    Advice to ManagementAdvice

    Keep doing what you're doing and think long-term.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Supportive Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in Toronto, ON (Canada)
    Former Employee - Summer Intern in Toronto, ON (Canada)

    I worked at Manulife Financial full-time (less than a year)

    Pros

    flexible managers and very supportive team members
    compensation is very fair
    company is growing very fast, and strong reputation in North America

    Cons

    top level management is bureaucratic and at times out of touch

    Advice to ManagementAdvice

    be more accessible

    Recommends
    Approves of CEO
  7.  

    Nice ppl all around

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Quantitative Analyst in Toronto, ON (Canada)
    Current Intern - Quantitative Analyst in Toronto, ON (Canada)

    I have been working at Manulife Financial as an intern (less than a year)

    Pros

    nice coworkers
    offer a lot of activities and networking to coops

    Cons

    not much work to do

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Worst culture and management staff.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Advisor in Toronto, ON (Canada)
    Former Employee - Advisor in Toronto, ON (Canada)

    I worked at Manulife Financial full-time (more than 8 years)

    Pros

    Stable company and profitable company.

    Cons

    Worst middle managers! They are not well educated especially when it comes to insurance licensing. No insurance background at all.

    Advice to ManagementAdvice

    Invest more on your management and when hiring make sure they are qualified and knowledgeable to train the sales people.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    Awesome

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Actuarial Co-op in Toronto, ON (Canada)
    Former Intern - Actuarial Co-op in Toronto, ON (Canada)

    I worked at Manulife Financial as an intern (less than a year)

    Pros

    Awesome, fun, exciting, interesting, engaging.

    Cons

    Nothing, all aspects of the experience were phenomenal.

    Advice to ManagementAdvice

    You're Awesome.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Served as Actuarial Intern during 2014 summer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Actuarial Co-op in Toronto, ON (Canada)
    Former Intern - Actuarial Co-op in Toronto, ON (Canada)

    I worked at Manulife Financial as an intern (less than a year)

    Pros

    My manager was super nice and helpful and all of my coworkers were very supportive. They love to bring interns into some real projects and help them to develop their own skill set. Sometimes, they even hand you a new model to build up from scratch, which is challenging but fun.

    Cons

    Since the company is a pretty big organization so that you won't get exposure to all aspects through your work term, and it would be better they give interns a business unit position.

  11.  

    Treasury Finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at Manulife Financial full-time (more than a year)

    Pros

    Big company with a lot of smart people.

    Cons

    Terrible senior management, lack of feedback and transparency for the work. Do not care about your career development. Only had two team meetings during my time there, each time lasted less than 10 minutes. Most of the work process are very manual, just like working in "dark age"... No proper documentation. Laid off many people last year

    Advice to ManagementAdvice

    Treat your people with respect.

    Recommends
    Positive Outlook
    Approves of CEO

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