Job Requisition ID: 12465
Position Status: Temporary Full Time
Position Type: Hybrid
Office Location: Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC)
Travel Requirement: Travel not required
Language Designation: English Essential
Language Skill Levels (Read/Write/Speak): ZZZ
Security Requirement: Reliability Status
Salary: Our salaries generally range from $ 62393.27 to $ 77991.59 and are based on qualifications and experience.
About CMHC
The work you do and the work we do together matters. We come to work every day with a common purpose: to contribute to a well-functioning housing system.
At CMHC, we hold ourselves accountable for our results and support our colleagues in their achievements. We thrive on collaboration, connecting across CMHC and involving the right people to get our work done. Our leadership style is guided by trust, where our leaders favour an adaptive approach based on the needs of their teams.
Join us and be part of a team that's committed to making a real difference and be part of something meaningful.
What’s in it for you
We’ve got the purpose, the people and the perks you need for a fulfilling career. Here’s the comprehensive and generous benefits you get when you’re a contract employee:
- Accrued vacation.
- Annual individual performance bonus.
- Support towards your personal and professional growth with training, mentorship and more.
- An inclusive workplace culture and environment.
About the role
Join the Finance - Insurance and Securitization team, in the Analyst, analytics and reporting position, where you will leverage financial and analytical expertise to support housing affordability initiatives, contribute to key business insights, and help advance actuarial and financial knowledge within Canada’s mortgage sector. Through your analysis and collaboration, you will play an important role in supporting decision-making and fostering the growth of intellectual capital across the organization.
This is a temporary position of a duration of 12 months.
What you will do:
- Support the development, maintenance, and validation of financial and actuarial assumptions and models used to assess CMHC's financial performance and capital position for its insurance and securitization portfolio under various economic scenarios.
- Perform calculations, projections, analysis, and reporting to support key activities including financial reporting, capital, pricing, stress testing and financial condition testing.
- Assist in monitoring model performance, identifying opportunities for improvement, and ensuring models and analytical tools remain accurate and reliable.
- Support the preparation of actuarial and financial analysis to meet corporate reporting requirements and respond to information requests from internal and external stakeholders.
- Maintain clear documentation and support the implementation of appropriate controls and governance for models, analyses, and related processes.
- Stay current on actuarial, financial, and regulatory developments, including insurance valuation, capital adequacy, and financial reporting standards, through ongoing learning and professional development.
What you should have:
- An undergraduate degree in a quantitative discipline such as Actuarial Science, Statistics, Mathematics, Economics, Quantitative Finance, or a related field.
- A minimum of one year of related work experience in financial industry, including banks, insurance companies, pension funds, etc.
- Experience with Microsoft suite and programming and analytical tools such as SQL, Python, R, or similar technologies.
- Strong analytical and problem-solving skills, with the ability to work with large datasets and draw meaningful insights.
- Effective oral and written communication skills, including the ability to present complex ideas with clarity.
- The ability to work collaboratively in a team environment while managing multiple priorities and deadlines.
It would be great if you also had:
- A progress toward a professional actuarial designation (Canadian Institutes of Actuaries, Casualty Actuarial Society, or Society of Actuaries) is considered an asset.
- A familiarity with modern data and modelling environments (e.g., Databricks, DevOps, or cloud-based tools) is an asset.
Posting closing date: Note, the competition will remain active until filled.
Our commitment to diversity, equity, and inclusion
We’re committed to employment equity and encourage women, Indigenous Peoples, persons with disabilities, veterans and persons of all races, ethnicities, religions, abilities, sexual orientations, and gender identities and expressions to apply. We also welcome applications from non-Canadians who are eligible to work in Canada.
CMHC is an inclusive workplace where diversity of thought – and of people – are recognized, valued, and considered essential to achieving our mission.
Learn more about our commitment to diversity and inclusion
What happens after you apply
We know that applying for a new job can be both exciting and daunting, and we appreciate your effort. Learn more about our hiring process. If you are selected for an interview or testing, please advise us if you require an accommodation.
If you applied before and you were not successful don’t worry – we're always posting new positions, so don’t hesitate to give it another shot. We’re excited to see what you bring to the table this time around!
