Associate Director / Director, Asia Strategy
- Hong Kong Hong Kong Hong Kong HK
- Permanent, Full time
- Manulife Hong Kong
- 22 Apr 18 2018-04-22
Associate Director / Director, Asia Strategy
Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.
Manulife's Strategy team in Asia is responsible for the development, execution and implementation of the Company's organic and inorganic strategic imperatives throughout the region.
The Associate Director will have a critical role in assessing and executing Manulife Asia's organic strategy as well as the pursuit of inorganic initiatives, including M&A, Bank Partnerships and New Market Entry opportunities. Specifically, this individual will be heavily involved in the evaluation and execution of acquisitions, disposals, JVs/mergers and bancassurance opportunities across Manulife's 12 markets in Asia. The Associate Director will report to the Chief Strategy Officer (member of the Asia Executive Committee) and will work closely with country business units and the Asia regional office across Manulife's life insurance and wealth businesses.
This is a role suited for an ambitious, talented individual looking for exciting challenges, and who will thrive in a fast-paced environment.
- Support and coordinate across all elements of strategy (organic and inorganic) with a team of peers, senior executives from the Asia regional office, local country business units and corporate headquarters, based on a strong understanding of Manulife and its strategic ambitions.
- Support the implementation of the Asia strategic planning process across country business units, and offer guidance and assistance to develop the business unit level strategies.
- Support the development of Asia strategic planning deliverables (e.g. annual strategic plan, strategy presentations, quarterly reporting, divisional memos, etc.) for Asia Executive Committee and Group Board.
- Play a pivotal role in all aspects of project/transaction execution:
- Oversee all project management aspects of transaction processes, develop and manage project deliverables timelines.
- Support the financial analysis of transaction opportunities in close engagement with business leaders and finance/actuarial teams. Manage the due diligence process for M&A projects.
- Undertake research and analysis and assist with preparation of transaction proposals and internal approval presentations, and post-acquisition integration planning.
- Assist in managing multiple internal stakeholders and ensure effective communication informally and for formal presentations.
- Work with external parties (investment banks, accountants, legal counsel, actuarial and other consultants) to ensure timely completion of deliverables and drive projects to completion.
- Conduct industry and competitor intelligence: monitor and communicate sector developments and evolution of trends (e.g. digital/technology). Assess how these trends will impact Manulife's competitive positioning and strategic objectives.
- Project management skills: Ability to drive projects through providing appropriate project framework, clarity on content and deliverables and effectively engaging and managing stakeholders.
- Communication skills: Has credibility and presence amongst peers and senior management through strong verbal, written and presentation skills. Can communicate clearly and succinctly on technical and business matters.
- Strong financial/data analysis: Good understanding of the fundamentals of insurance accounting and actuarial data and analysis, able to build valuation models. Actuarial experience preferred.
- Analysis, insight and problem solving: Strong problem solving abilities through rapid identification of critical issues and asking the right questions. Ability to understand and prioritise key issues.
- Develop team members and enhance team effectiveness: Will encourage, support and develop more junior colleagues. Be an ambassador for the team, proactively seeking opportunities to engage with colleagues across Manulife.
- Perseverance and work ethic: Has a strong sense of ownership and work ethic to see transactions/projects to completion. Is undeterred by challenges/obstacles and will remain motivated and apply creating thinking to overcome them.
- Bachelor's degree. (MBA preferred).
- At least 8 years work experience. Life insurance industry preferred.
- Previous corporate development, M&A or consulting experience working for a multinational company, investment bank, accounting firm, private equity or strategy consulting firm is an advantage.
- Native English and fluency in an additional Asian language is an advantage.
Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2016, we had approximately 35,000 employees, 70,000 agents, and thousands of distribution partners, serving more than 22 million customers. At the end of 2016, we had $977 billion (US$728 billion) in assets under management and administration, and in the previous 12 months we made almost $26 billion in payments to our customers.
Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
Manulife is committed to supporting a culture of diversity and accessibility across the organization. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request an accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.