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Senior Analyst, Insurance Risk and Pricing (Ottawa or Toronto)

Sector: Client Solutions 

Language Designation: English Essential 

Language Skill Levels (Read/Write/Speak): ZZZ 

Salary Range: $63418.82 to $79273.53

Position Status: Temporary Full Time 

 
We’re not your typical government agency
Canada Mortgage and Housing Corporation (CMHC) exists for a single reason: to make housing affordable for everyone in Canada. We’re mobilizing the expertise and energy of governments, non-profits, lenders, developers, social entrepreneurs and co-ops to create the future of housing. At CMHC, we believe that everyone in Canada should have a place to call home.
 
Experience a Results-Only Work Environment™ (ROWE™)
At CMHC, we trust you to get the job done. We’ve shifted from managing people to managing work. Each employee is 100% autonomous and 100% accountable. You can choose where you need to be and when you need to be there to meet your objectives. You’re in control of your time and are trusted to make the right decisions.
 
 

This position reports to the Risk & Pricing Analysis team in our Office of the SVP, Client Solutions sector. This sector collaborates with our partners to solve housing affordability challenges.

 

About the role
We’re constantly evolving to build an inclusive housing system through research, design, innovation and partnerships. You will support modelling development, lead analysis and develop risk, pricing and related products for mortgage insurance and housing finance at large. This will help us make housing affordable for everyone in Canada.
 

What you will need
• Postgraduate degree in finance, actuarial, economics, statistics or a related field.
• Minimum of two to three years of experience in modelling functions.
• Some knowledge of the housing, mortgage and mortgage insurance markets and the banking system, and an awareness of CMHC's mandate and its regulatory environment.
• Strong analytical thinking, research and problem-solving skills. Ability to synthesize and conceptualize.
• Developed financial modelling, programming and quantitative skills along with a proficiency in the use of Python or R programming language. 
• Ability to build and maintain effective working relationships.
• Strong oral and written communication, including the ability to write and present complex ideas and solutions to a variety of audiences, including senior management.

 

What you will be doing

 

Risk and Pricing Modelling
• Support the development, enhancement and optimal utilization of analytical models or tools to measure, predict and report on the performance (risk, costs, pricing, capital, profitability)) of CMHC’s insurance programs.
• Make highly proficient use of the models and tools with an understanding of the modelling methodology in order to act as back-up and peer reviewers on model specification, calibration and other model-related quality assurance support.
• Ensure the model/tool developers are informed of and updated on business needs and considerations so that the models and tools continue to serve the needs.

 

Risk and Pricing Analysis and Recommendations
• Develop and lead plans for regular or ad-hoc pricing and other reviews / analysis to support business operations, and risk management objectives.
• Collect relevant internal and external information and inputs (qualitative and quantitative) to assess impacts and support the development/enhancement of pricing assumptions, options and recommendations.
• Conduct analyses (risk, capital, profitability, feasibility, operational, market , etc.) and develop pricing options, solutions, strategy and recommendations.
• Guide the pricing review process, coordinate with internal and external stakeholders/clients and support the implementation of the pricing reviews/analysis.

 

Risk and Pricing Policies, Process, Reporting and Oversight
• Support the development and implementation of ongoing risk and pricing monitoring and reporting.

 

Does this sound like you?
Click the “apply now” button and create an account (it should take about 30 seconds). We’re excited to hear from you! 

 

Posting closing date: Note, the competition may remain active until filled.

 

Job Requisition ID: 4448  

Primary Location: OttawaOntario  

Other Location(s): Toronto 

Security Requirement: Secret 

Travel Requirement: Limited 

 

We sincerely thank all candidates for their interest, however, please note that only those applicants selected for further consideration will be contacted.
 
Diversity
CMHC is an employer that values diversity and encourages the learning and use of both Canada's official languages. CMHC is committed to employment equity and actively encourages application from women, Indigenous people, persons with disabilities and visible minorities
 
*If selected for an interview or testing, please advise us if you require an accommodation.

Learn more below about CMHC and how we help Canadians meet their housing needs.