Actuarial Officer

Office of the Superintendent of Financial Institutions Canada - Office of the Chief Actuary Ottawa (Ontario) AC-01, RE-04 - NOTE: This position is classified at the RE-04 group and level which is roughly equivalent to the AC-01 group and level. Indeterminate $85,200 to $109,600 For further information on the organization, please visit Office of the Superintendent of Financial Institutions Canada **Closing date: 19 May 2025 - 23:59, Pacific Time** **Who can apply**: Persons residing in Canada, and Canadian citizens and Permanent residents abroad. **Important messages**: We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential. Assessment accommodation POSITION LOCATION / WORK ARRANGEMENT: The designated worksite for this position is the Ottawa (Ontario) OSFI Office, which will be considered the employee’s regular place of work. EMPLOYMENT EQUITY: - The term “Aboriginal” is used within this job advertisement as it relates to the Employment Equity Act and other legislative frameworks. The term “Indigenous” is used where possible, in alignment with the United Nations Declaration on the Rights of Indigenous Peoples. Indigenous refers to North American Indigenous people as members of First Nations, Inuit, or Métis. North American Indigenous people or members of First Nation include treaty, status or registered Indigenous people, as well as those non-status and non-registered. **Duties**: The Office of the Chief Actuary (OCA) has an important mandate in providing a range of actuarial valuation and advisory services to the Government of Canada. To perform its mandate, the OCA relies on the work of a highly qualified and professional workforce - a workforce that is largely comprised of actuaries. The Actuarial Officer participates in the development of sound and professional actuarial advice on plans and programs under the responsibility of the Office of the Chief Actuary, assists in carrying out statutory and non-statutory actuarial reports and studies, and participates in various projects in this regard. The Actuarial Officer plays an important role of supporting the OCA in its journey towards its vision "To be recognized as the independent, impartial and trusted actuarial centre of excellence of the Government of Canada". At hire, the Actuarial Officer is enrolled in the Development Program for Actuaries (DPA). The DPA aims to develop high-calibre individuals. The development takes place through challenging work assignments, job coaching and a combination of formal and informal training, which sharpens the knowledge, skills and competencies of individuals in order for them to move to higher working level positions (RE-05 to RE-06). **Work environment**: Our Role: OSFI is an independent federal government agency that regulates and supervises more than 400 federally regulated financial institutions and 1,200 pension plans to determine whether they are in sound financial condition and to ensure they protect themselves against threats to their integrity and security. In fulfilling its mandate, OSFI supports the government's objective of contributing to public confidence in the Canadian financial system. Why Choose OSFI: People are the foundation of our organization. You will become part of a diverse community that acknowledges everyone has varied experience and fosters an environment where communication and teamwork amplify our effectiveness. OSFI is passionate about fostering a workplace where all people feel welcome, can reach their full potential, and contribute their unique perspectives and experience to the success of the team. We have several networks dedicated to ensuring that the department continues to grow as an inclusive, accessible, respectful, and diverse workplace. Some examples include: 2SLGBTQIA+, Mental Health and Accessibility, Multiculturalism (Affinity Groups: Indigenous, Asian, Black), Unconscious Bias. Compensation: OSFI offers a competitive salary, and employees may be eligible for in-range increases and economic adjustments. Salaries are based on qualifications, experience and knowledge. The Public Service Pension Plan is a defined benefit pension plan (indexed for inflation), where both the employer and the employee contribute. Health Care Coverage: OSFI employees and their dependents are eligible to be enrolled in the Public Service Health Care Plan, designed to supplement provincial/territorial health insurance plans. Performance Pay: OSFI employees are eligible for an annual bonus based on their performance throughout the year. ✈️ Vacation and Leave: OSFI employees start with 4 weeks of paid vacation, 2 personal days and 5 days of Family Related Leave with Pay among other various types of