Manager, Corporate Actuarial

Export Development Canada; Ottawa; Hybrid; CAD 127,000 - 170,000; Full time

Job summary

A financial Crown corporation in Ottawa is looking for a Manager, Corporate Actuarial. The role involves leading the actuarial team, managing the development and maintenance of actuarial models, and ensuring compliance with risk management policies. Candidates should have an undergraduate degree in Actuarial Science, be bilingual in French and English, and possess a minimum of 7 years in actuarial analysis. This is a hybrid role with relocation assistance available.

Benefits

Flexible benefits package

Defined Contribution Pension Plan

Competitive vacation program

Comprehensive wellness programs

Professional Development opportunities

Qualifications

• 7+ years of experience in actuarial analysis and risk management.
• Experience in the financial services sector or Crown corporation environment.
• Demonstrated leadership abilities.

Responsibilities

• Lead quantification of EDC's insurance liabilities and financial performance.
• Manage development of actuarial models for forecasting and stress testing.
• Develop talent and drive results within the team.
• Identify process improvement opportunities in actuarial functions.

Skills

Leadership abilities

Bilingual (French & English)

Advanced accounting knowledge (IFRS 17)

Actuarial analysis

Risk management

Education

Undergraduate Degree in Actuarial Science or Mathematics

Minimum Associate of the Canadian Institute of Actuaries (ACIA)

Job description

Application deadline: August 17th, 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: Manager, Corporate Actuarial

Employment Type:Permanent

Compensation Details :

• Mgr Actuarial Analysis : Salaries typically range from $127,380 to $169,838 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 3 days per week. (subject to change)
• This role can be performed from EDC’s headquarters in Ottawa.
• 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?

• Collaborate with a diverse, experienced team – Work alongside talented professionals who bring a wealth of knowledge and expertise to drive success.
• Thrive in a supportive, teamwork-driven environment – Flourish in a workplace where collaboration and mutual support are paramount.
• Impact global communities through sustainable growth in emerging markets – Make a meaningful difference by fostering sustainable development in key regions around the world.
• Recognized as one of Canada’s Top 100 Employers, Best Diversity Employers, and a Top 100 Family-Friendly Employers – Join a company that is celebrated for its commitment to excellence, diversity, and work-life balance.
• Enjoy a comprehensive Total Rewards package:
  • Flexible benefits – Our program lets you choose coverage that suits your unique needs, including Medical, Dental, Life, and more. Plus, we offer additional Flex credits to tailor your plan even further.
  • Defined Contribution Pension Plan – Secure your future with our generous matching program that helps you save for retirement.
  • Competitive vacation program – Enjoy a work-life balance with our competitive vacation program, starting with 4 weeks of vacation and 2 floater days each year for permanent employees.
  • Comprehensive wellness programs – Stay healthy and happy with access to wellness initiatives, mental health support, and fitness programs.
  • Professional Development – Advance your career with our support for growth and development through conferences, language training, and educational opportunities.

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).

What you will be doing:

As Manager of EDC’s Corporate Actuarial team, you will apply your leadership and actuarial skills to lead and manage development and maintenance of actuarial models used in the financial reporting of EDC’s insurance liabilities, the determination of economic capital and stress testing activities. You will drive efficiency and governance improvements in our processes and tackle complex problems with your expertise.

• Lead the quantification of EDC’s insurance liabilities, financial performance, and economic capital for insurance contracts.
• Manage the development and maintenance of actuarial models to enable actuarial analysis including forecasting and stress testing of EDC’s insurance business.
• Lead the team’s model validation activities ensuring compliance with EDC’s Model Risk Management policies.
• Develop talent and drive results by motivating people to act and support the growth of all members of the team.
• Identify opportunities for process improvements and propose solutions using actuarial, statistical, and data science techniques.

What we are looking for:

• Completed an Undergraduate Degree in Actuarial Science or Mathematics.
• Minimum Associate of the Canadian Institute of Actuaries (ACIA).
• Minimum 7 years of experience in actuarial analysis and risk management.
• Advanced knowledge of accounting (IFRS 17) and actuarial principles and practices.
• Demonstrated leadership abilities.
• Bilingual in both official languages (French & English).

What will make you stand out:

• Experience working in the financial services sector and/or financial Crown corporation environment.

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

Export 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.

Should you require any accommodation during the recruitment and selection process, please let our Recruitment team know

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] .