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Senior Analyst, Actuarial Modelling (Anywhere in Canada)

Job Requisition ID: 8790  

Language Designation: English Essential 

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

Starting Base Salary: 66642.22 

Position Status: Permanent Full Time 

Travel Requirement: Travel not required 

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


At CMHC, we trust you to get the job done. We empower our employees to be fully autonomous and accountable in achieving their results. Employees focus on how they achieve results rather than when and where they choose to work.


Here are some of the reasons why we were chosen as one of Canada's top employers:

  • Enjoy 5 weeks of vacation;
  • An annual individual performance bonus;
  • Defined benefit pension plan;
  • Comprehensive group insurance to support your well-being from day one;
  • Access to a catalogue of courses for individual learning;
  • An inclusive workplace culture and environment with multiple Employee Resource Groups and much more!


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.
Be part of an inclusive workplace. Diversity and Inclusion guides everything we do at CMHC. We’re taking concrete actions to eradicate racism and advance equity within CMHC and the housing system.

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




  • 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 or validate new models and processes 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, 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.  

Minimum Qualifications: 


  • Bachelor’s or Master’s degree in a quantitative discipline such as Actuarial Sciences, Quantitative Finance, Mathematics, Economics, or Statistics,  
  • Minimum of three (3) years’ experience in a modelling role. 
  • Demonstrated work experience in a similar role in financial industry including banks, insurance companies, pension funds, etc. 
  • 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. 
  • Results oriented, accountable for performance, and taking complete ownership of projects. 
  • Knowledge of regulatory requirements and best practices with respect to insurance valuation or other actuarial related fields.  
  • Advanced programming knowledge of SAS, R and Python. 


Preferred Qualifications: 


  • Enrollment towards the completion of an actuarial designation (ACAS, ASA).  


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.