Actuary/Actuarial Analyst
Listed on 2026-01-13
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Finance & Banking
Risk Manager/Analyst, Actuary, Financial Analyst -
Insurance
Risk Manager/Analyst, Actuary, Financial Analyst
Actuary / Actuarial Analyst
At Export Development Canada (EDC), we empower Canadian businesses to succeed globally by providing innovative financial solutions and expert insights to help them explore new markets, mitigate risks, and achieve growth.
Final date to receive applications: January 25th 2026
Employment type: Permanent Full-time
Compensation- Actuarial Analysis 18:
Salaries typically range from $94,664 to $126,219 annually, based on qualifications and experiences, plus a performance-based incentive. - Actuarial Analysis 19:
Salaries typically range from $109,810 to $146,413 annually, based on qualifications and experiences, plus a performance-based incentive.
- Export Development Canada operates in a hybrid work environment, requiring employees to work in the office 2 days per week (subject to change).
- This role can be performed from EDC’s headquarters in Ottawa or from one of our Community Hubs located in Toronto, Mississauga, Montreal, Brossard, Laval, Calgary, Edmonton, Halifax, or Vancouver.
- Relocation assistance is available for candidates who meet the eligibility criteria.
- Comprehensive Benefits:
Competitive compensation & benefits package, work-life balance, and the opportunity to help make Canada and the world better through trade. - Work-Life Balance:
Hybrid work options, 3 to 4 weeks paid vacation, a corporate closure period, summer early Fridays & no meeting Fridays. - Professional Development:
Continuous learning opportunities, including training programs, workshops and language training. - Inclusive Culture: A diverse and inclusive workplace that champions employment equity & values diversity of ideas, strengths, & backgrounds.
- Wellness Programs:
Access to wellness initiatives, mental health support, and fitness programs. - Community Engagement:
Volunteer opportunities and social responsibility programs.
The Corporate Actuarial team manages valuation of insurance contracts, determination of capital requirements, and forecasting insurance liabilities across EDC’s insurance portfolios, which primarily include Credit Insurance and International Trade Guarantees. The Risk Quantification Team develops and enhances portfolio management tools and applications for quantifying, monitoring, managing, and reporting all financial risks (credit, insurance, market, investment, and operational). The incumbent is responsible for actuarial calculations and model building related to liability setting, capital determination, forecasting, and stress testing, as well as leading efficiency improvement projects and providing mentoring.
WhatYou Will Be Doing
- Lead/support in the quantification of EDC’s insurance liabilities, financial performance, and capital for insurance contracts.
- Lead/support the development and maintenance of actuarial models to enable actuarial analysis, including forecasting and stress testing of EDC’s insurance business.
- Lead/support the team’s model validation activities ensuring compliance with EDC’s Model Risk Management policies.
- Identify opportunities for process improvements and propose solutions using actuarial, statistical, and data science techniques.
- If a Fellow of the Canadian Institute of Actuaries (FCIA), become the signing Valuation Actuary.
- Completed undergraduate degree in Actuarial Science, Mathematics, or a related field.
- Minimum Associate of the Canadian Institute of Actuaries (ACIA).
- Minimum 7 years of experience for Actuary (5 years for Actuarial Analyst) in actuarial analysis and risk management.
- Advanced knowledge of accounting (IFRS 17) and actuarial principles and practices.
- Demonstrated project leadership abilities.
- Experience in the financial services sector and/or financial Crown corporation environment.
- Fellow of the Canadian Institute of Actuaries (FCIA), or active pursuit of the designation.
- Advanced skills in using SAS tools like Viya and Visual Analytics.
- Bilingual in both official languages (English and French).
EDC is committed to Fair Employment Practices and preferences will be given to candidates who can legally work in Canada (Canadian Citizens or Permanent Residents).…
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