Share this Job

Specialist, Actuarial and Capital Management (Anywhere in Canada)

Job Requisition ID: 8325  

Language Designation: English Essential 

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

Starting Base Salary: 78657.14 

Position Status: Permanent Full Time 

Travel Requirement: Limited 

Office Location: Toronto (ON); Calgary (AB); Halifax (NS); Montreal (QC); Ottawa (ON); Vancouver (BC)


Help make a difference for Canadians. CMHC’s aspiration is that by 2030, everyone in Canada has a home that they can afford and that meets their needs. All of our programs and activities support this singular goal.

Join the CFO and Corporate Services team where our partners view CMHC as the catalyst for solving housing affordability challenges.


•  Support the team in the development and maintenance of our Financial Statement models used to project CMHC’s finance and capital position under different economic scenarios.
•  Conduct assigned portion of calculations, projections, analysis and reports related to the Corporate Plan, Capital Plan, Dividend Recommendation, Stress Testing, Financial Condition Testing, and Pricing oversight.
•  Support the implementation of IFRS 17 and work with different stakeholders to assess its impact on CMHC’s financial statements, capital position, and pricing.
•  Support the team in providing interpretation, advice and guidance about the financial impact of new products and initiatives on CMHC’s projected financial statements and capital position.
•  Maintain current knowledge of regulatory requirements in the areas of insurance valuation, capital adequacy, and other relevant actuarial fields. 


Minimum Qualifications:

•  Undergraduate degree in a quantitative discipline such as statistics, actuarial sciences, mathematics or quantitative finance.
•  Associate of the Canadian Institute of Actuaries, Casualty Actuarial Society and/or Society of Actuaries designation or actively pursuing designation.
•  Minimum of five years of related work experience.
•  Understanding of and demonstrated experience with actuarial valuation methodologies, financial modelling, capital adequacy and risk management.
•  Ability to work within a sophisticated technological environment using various modelling and programming tools such as R/Python.
•  Strong problem-solving and analytical skills.


Preferred Qualifications:

•  Bilingualism (French and English).
•  Knowledge of IFRS 17.
•  Knowledge of the Mortgage Insurance and Securitization business as well as the Mortgage Insurance Capital Adequacy Test (MICAT).


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





On June 14, 2022, the Government of Canada announced that as of June 20, 2022, it will suspend vaccination requirements for federal government employees.  This decision followed a review of the current public health situation, including the evolution of the virus and vaccination rates in Canada. As a result, and consistent with the Government of Canada decision, CMHC has suspended its Vaccination Policy, effective June 20, 2022.  


As a result, at this time, CMHC does not require employees to be fully vaccinated as a condition of employment.  CMHC will continue to monitor the public health situation and may at any time make adjustments and adopt or reintroduce measures, including mandatory vaccination, attestation and verification requirements. Any such vaccination measures, as updated from time to time, shall form a term and condition of your employment at CMHC.


CMHC is an inclusive workplace where diversity of thought – and of people – are recognized, valued, and considered essential to achieving our aspiration.


We are committed to employment equity and actively encourage applications from women, Indigenous Peoples, persons with disabilities, veterans and persons of all races, ethnicities, religions, abilities, sexual orientations, and gender identities and expressions. We also welcome applications from non-Canadians who are eligible to work in Canada.


We sincerely thank all candidates for their interest, however, please note that only applicants selected for further consideration will be contacted. If selected for an interview or testing, please advise us if you require an accommodation.