Actuary/Actuarial Analyst

Export Development Canada; Ottawa; Hybrid; CAD 94,000 - 127,000; Full time

Job summary

A national financial institution in Ottawa seeks an experienced Actuary/Actuarial Analyst to lead actuarial model development and quantification of insurance liabilities. The ideal candidate has over 7 years of experience in actuarial analysis and risk management. This role offers a hybrid work environment, competitive compensation, and opportunities for professional development.

Benefits

Comprehensive benefits package

Work-life balance

Paid vacation and corporate closure

Continuous learning opportunities

Qualifications

• Minimum 7 years for Actuary (5 years for Actuarial Analyst) of experience in actuarial analysis.
• Advanced knowledge of accounting (IFRS 17) and actuarial principles.
• Demonstrated project leadership abilities.

Responsibilities

• Lead/support in the quantification of EDC’s insurance liabilities and capital.
• Lead/support the development and maintenance of actuarial models.
• Identify opportunities for process improvements.

Skills

Actuarial analysis

Risk management

Process improvement

Project leadership

Bilingual (English and French)

Education

Undergraduate Degree in Actuarial Science or Mathematics

Minimum Associate of the Canadian Institute of Actuaries

Tools

SAS tools (Viya and Visual Analytics)

Job description

Application deadline: December 5th, 2025

Join the EDC Team!

At EDC, we support Canadian businesses to succeed globally. We provide the financial tools and expertise they need to explore new markets, reduce risks, all towards the goal of making Canada and the world better through trade. #LI-Hybrid

Position: Actuary/Actuarial Analyst

Employment Type: Permanent

Compensation Details:

• 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.

Location:

• Export Development Canada operates in a hybrid work environment, currently 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.

About EDC:

At Export Development Canada (EDC), we empower Canadian businesses to succeed globally. As a financial Crown corporation, we offer innovative financial solutions and expert insights to help businesses explore new markets, mitigate risks, and achieve growth.

Why Join EDC?

• Comprehensive Benefits: EDC offers a competitive compensation & benefits package, work-life balance, & the opportunity to help make Canada and the world better through trade.

• Work-Life Balance: EDC offers a competitive compensation package & work-life balance. We have hybrid work options, 3 to 4 weeks paid vacation, a corporate closure period, summer early Friday’s & no meeting Fridays.

• Professional Development: Take advantage of our continuous learning opportunities, including training programs, workshops and language training.

• Inclusive Culture: Be part of a diverse and inclusive workplace that champions employment equity & values diversity of ideas, strengths, & backgrounds to succeed.

• Wellness Programs: Access to wellness initiatives, mental health support, and fitness programs to keep you healthy and happy.

• Community Engagement: Participate in volunteer opportunities and give back to the community through our various social responsibility programs.

Team Overview:

The Corporate Actuarial team is responsible for activities such as valuation of insurance contracts, determination of capital requirements and forecasting insurance liabilities across EDC’s insurance portfolios which primarily includes Credit Insurance and International Trade Guarantees. The Risk Quantification Team focuses on developing and continually enhancing portfolio management tools and applications for the quantifying, monitoring, managing, and reporting all financial risks (credit, insurance, market, investment, and operational).

The incumbent is responsible for a variety of actuarial calculations and model building relating to liability-setting, capital determination, forecasting, and stress testing. He/she is also responsible for continuing efficiency improvements in the current processes within the team. He/she will also lead projects, special assignments and apply actuarial knowledge to complex problems. On a day-to-day basis, you are expected to be able to effectively manage multiple priorities and deadlines with minimal supervision. Last, he/she is also expected to promote teamwork and provide mentoring and guidance to less experienced colleagues.

What you 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), to become the signing Valuation Actuary.

What we are looking for:

• Completed an Undergraduate Degree in Actuarial Science or Mathematics or in a related field

• Minimum Associate of the Canadian Institute of Actuaries (ACIA)
• Minimum 7 years for Actuary (5 years for Actuarial Analyst) of experience in actuarial analysis and risk management
• Advanced knowledge of accounting (IFRS 17) and actuarial principles and practices
• Demonstrated project leadership abilities

What will make you stand out:

• Experience working 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)

Eligibility:

• Eligibility: EDC is committed to Fair Employment Practices and preference will be given to a candidate who is able to work legally in Canada at the time of application (Canadian Citizens or Permanent Residents). Candidates must meet the requisite government security screening requirements. The position is open to those who meet all of the essential requirements stated above and whose applications are received by the closing date.

This position is open to individuals who meet all the essential criteria outlined above and submit their applications by the closing date. Ready to make a difference? This is your chance to join a dynamic, growing team and leave your mark on our organization, development finance, and the world.

Apply today!

Want to learn more about EDC? Check our website here https://www.edc.ca

EDC's Commitment to Employment Equity

Ex port Development Canada (EDC) is dedicated to fostering employment equity and building a diverse workforce. We are committed to creating a safe and inclusive environment that respects people from all cultures, backgrounds, and abilities. At EDC, we nurture a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed, and be their truest selves.

We actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community.

Your application must clearly demonstrate how you meet all the requirements. We thank all applicants' interest in a career at EDC; however, only those selected for an interview will be contacted. Please note that qualified candidates may be considered for similar roles at this level within EDC.

Should you require any accommodation during the recruitment and selection process, please contact the Recruitment team at [e-mail].