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Senior Analyst, Actuarial

Job Requisition ID: 3292  

Primary Location: TorontoOntario  

Other Location(s): Multiple locations 

Sector: Finance 

Language Designation: English Essential 

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

Salary Range: $ 63 418,82  to $ 79 273,53

Position Status: Permanent Full Time 

Security Requirement: Reliability Status 

Travel Requirement: Travel not required 

Canada Mortgage and Housing Corporation (CMHC) helps Canadians meet their housing needs. As Canada’s authority on housing, we contribute to the stability of the housing market and financial system, provide support for Canadians in housing need, and offer objective housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of our operations. Our work matters to a great many people and our employees matter to us. 

 

Bring your financial, mathematical, statistical techniques to this Senior Analyst, Modelling.

 

How You Will Be Contributing.

 

  • Providing deep and specialized expertise to CMHC’s actuarial work including but not limited to actuarial valuation, capital adequacy assessment, financial statement projection and analysis.
  • Develop new models and process related to actuarial valuation and insurance contract accounting in order to be aligned to IFRS 17.
  • Ensuring appropriate documentation and maintenance for all actuarial models/analysis/processes.
  • Ensuring that model outputs and actuarial analysis are provided in a timely manner to meet corporate financial reporting requirements.
  • Responding to ad-hoc actuarial/finance requests from internal and external stakeholders such as Management Committee members, Board members or OSFI or Department of Finance by developing accurate results, and using strong communication skills to promote understanding of the issue and provide appropriate interpretation and context.
  • Maintaining current knowledge on best practices and recent developments in relevant actuarial/quantitative approaches and techniques through training and professional development activities.
  • Maintaining current knowledge of regulatory requirements in the areas of insurance valuation and other relevant actuarial fields.

 

What We Are Looking For

 

  • Bachelor’s or Master’s degree in a quantitative discipline such as Actuarial Sciences, Quantitative Finance, Finance, Mathematics, Economics, Statistics, with a minimum of three (3) years of relevant work experience; or an equivalent combination of related education and experience may also be accepted.
  • A PhD is considered an asset. 
  • Demonstrated work experience in in a similar role in financial industry including banks, insurance companies, pension funds etc.
  • Associate or Fellow of the Canadian Institute of Actuaries, Casualty Actuarial Society, Society of Actuaries.
  • Designations from PRMIA, GARP, CFA, CAIA, or other comparable certifications an asset.
  • Understanding of and demonstrated experience with actuarial valuation methodologies,  mathematical finance methodologies and risk analysis.
  • Ability to work independently with minimal supervision on technical and/or analytical work. 
  • Strong communication, presentation, and collaboration skills at all levels of the organization.
  • Good personal, interpersonal skills and ability to contribute in a team working environment.
  • Results oriented, accountable for performance, and taking complete ownership of projects.
  • Knowledge of CMHC's business, mandate and objectives.
  • Knowledge of regulatory requirements and best practices with respect to insurance valuation or other actuarial related fields.

 

Competencies

Thinking Analytically / Forward Thinking / Communicating / Effectively Applying Business Acumen

 

What CMHC Has To Offer

 

  • Results-Only Work Environment™ (ROWE™)*
  • Competitive Total Compensation package
  • Competitive Annual Salary
  • Comprehensive flex benefit program
  • Defined Benefit Pension Plan
  • Eligibility for Performance Bonuses
  • In-house learning and development opportunities
  • Career Growth Opportunities
  • Employee and Family Assistance Program (EFAP)
  • Various onsite amenities

 

*ROWE involves a cultural shift away from managing people to managing work. Employees have full autonomy and accountability to choose when and where to work in order to be efficient, effective, and achieve results.

 

APPLY today


This job posting will be active until 11:59 pm EST on May 10, 2019; however, the competition may remain active until a successful candidate has been chosen.

To Note

  • Your application must clearly demonstrate how you meet the requirements as CMHC cannot make assumptions about your education and experience.
  • Selected candidates may be required to do a presentation or assessment as part of the interview. If so, they will be advised in advance. In the event that tests are administered, candidates will also be advised in advance.
  • We sincerely thank all candidates for their interest, however, please note that only those applicants selected for further consideration will be contacted. 
  • If selected for an interview or testing, please advise us if you require an accommodation.
  • Candidates who do not meet all of the position requirements may be considered in an under-fill capacity, in which case the person will be hired at a lower level than the position level.
  • All applications submitted to this competition will be kept for a six (6) month period and may be considered for future related vacancies at CMHC.
  • Candidates must be eligible for Reliability Clearance.
  • Second Language Proficiency levels are defined as follows:
    • A = Beginner Level
    • B = Intermediate Level
    • C = Advanced Level
    • E = Exempt
    • P = Specific Language Skills

 

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

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