Our employees are at the heart of what we do best : helping people, businesses and society prosper in good times and be resilient in bad times.
When you join our team, you’re bringing this purpose to life alongside a passionate community of experts.
Feel empowered to learn and grow while being valued for who you are here, diversity is a strength. You have our commitment to support you in reaching your goals with tools, opportunities, and flexibility.
It’s our employee promise.
Our hybrid work model provides the balance between working from home and enjoying meaningful in-person interactions.
Read on to see how you can shape the future, win as a team, and grow with us.
About the role
We’re looking for a Model Validation Specialist to join our growing team!
About role
We’re seeking an individual to join the Risk Management team. Our team is responsible for developing and supporting the implementation of the risk management framework.
We provide independent reviews and challenges to the business, identify, assess, respond, monitor, and report on risks that our company faces.
We play an active role in building a competitive advantage by integrating our risk management framework into our business activities and strategic planning.
Your primary responsibility will be to lead the independent review, validation, and challenge of the Canadian internal economic capital model.
This includes structuring and executing internal model validation and testing in line with best practices. This role also entails collaborating with our global organization, specifically with teams in the UK, shaping model validation implementation, and fostering innovation.
Locations : This role is based on 700 University, Toronto office and a two days a week presence in the office is required.
What you’ll do here
Lead the independent validation and vetting of the Canadian internal economic capital model.
Communicatethe results of model validation activities, model limitations, and uncertainties to key stakeholders and management, providing robust challenge to model outcomes.
Conduct periodic reviews to assess the model’s compliance with established policies and procedures.
Act as a primary resource for communicating model oversight framework with regulators and external stakeholders.
Foster innovation, with great opportunity to define how we best conduct benchmarking analysis, backtesting and sensitivity analysis as we continue to validate the internal model.
Provide active support and technical advice to the team, seniormanagement, and key stakeholders.
Assist the team in implementing the Model Risk Management framework.
Beyond an exclusive focus on insurance risk, you will have the opportunity to contribute more widely to managing other risks that impact capital requirements, as the role evolves.
What you bring to the table
Bachelor's degree in math / math finance, statistics, data science, or actuarial sciences.
At least 5 years of relevant experience in modelling.
Experience with economic capital models - an asset.
Experience in model validation, including knowledge of validation testing techniques and technical theory is considered a plus.
Strong analytical skills, knowledge of mathematical techniques and solid planning and execution.
Proactive approach, autonomy, efficiency, and excellent team player.
Experience in coaching of other team members on running and improving team processes, and special projects.
Ability to learn quickly, adapt to change, receptive to feedback and to stay updated with emerging risks.
Sound skills in oral and written communicationsand interpersonal relations with ability to interact with a variety of people at all levels of the organization.
Able to relay complex concepts in ways that other stakeholders will easily understand.
High level of professionalism, integrity, and ethics.
Proficiency in Microsoft Office Suite, VBA, with knowledge of Python, SQL a plus.
LI-hybrid
What we offer
Working here means you'll be empowered to be and do your best every day. Here is some of what you can expect as a permanent member of our team :
A financial rewards program that recognizes your success
An industry leading Employee Share Purchase Plan; we match 50% of net shares purchased
An extensive flex pension and benefits package, with access to virtual healthcare
Flexible work arrangements
Possibility to purchase up to 5 extra days off per year
An annual wellness account that promotes an active and healthy lifestyle
Access to tools and resources to support physical and mental health, embracing change and connecting with colleagues
A dynamic workplace learning ecosystem complete with learning journeys, interactive online content, and inspiring programs
Inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities
Inspiring leaders and colleagues who will lift you up and help you grow
A Community Impact program, because what you care about is a part of what makes you different. And how you contribute to your community should be just as unique.
We are an equal opportunity employer
At Intact, we value diversity and strive to create an inclusive, accessible workplace where all individuals feel valued, respected, and heard.
If we can provide a specific adjustment to make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity.
We’ll work with you to meet your needs.
including background checks, internal candidates, and eligibility to work in Canada.
Senior Specialist, Model Validation
In this role, you will apply your advanced analytical skills and knowledge of Canada’s financial and mortgage sectors to modelling initiatives at CMHC, including model development, model validation and the interpretation of model results with the ultimate purposes of informing decision making, enhan...
Model Validation Specialist
Communicatethe results of model validation activities, model limitations, and uncertainties to key stakeholders and management, providing robust challenge to model outcomes. We’re looking for a Model Validation Specialist to join our growing team!. Experience in model validation, including knowledge...
Category Business Analyst ( Evergreen)
The Category Business Analyst plays a direct role helping equip Canadians for the jobs and joys of life in Canada, by managing vendor processes, examining new and existing product lines, and performing analysis that better prepares us to meet the evolving needs of our customers. You will support Cat...
Data Business Analyst (On-Site)
Perform data mining, data cleansing, and data modeling to ensure data integrity and accuracy. As a Data Business Analyst you will work closely with internal stakeholders to translate business requirements into technical specifications to ensure timely implementation of appropriate and practical tech...
2024 Cae Group, Fall Data Governance Analyst (8 Months)
As a Data Engineering & Governance Analyst you will be a key part of the team building relevant, ethical, secure, and impactful data products, reporting and visualizations for Internal Audit. You'll meet with data scientists, product managers, data engineers, auditors and executives to design, devel...
Data Scientist, Decisions - Driving Experience
As a Data Scientist on the Driving XP team, you will collaborate with our world class team of engineers, product managers, and designers to design the end-to-end driving experience for hundreds of thousands of drivers who interact deeply with our app every day. Data Science is at the heart of Lyft’s...
Data Analyst
We’re looking for a top performing Data Analyst to join this team, which will be the backbone of all the businesses (based in downtown Toronto but also open to remote candidates)! Reporting to the Head of Data, the Data Analyst is a critical member of Ratehub’s team who will drive decisi...
Data Scientist
Partner with data engineering and data analytics teams to ensure that data structures and data pipeline enhances data science applications and shortens development cycle. We are looking for an experienced Data Scientist to join our team. You will report to the Manager, Data Science. Monitor and depl...
Software Engineer, Growth Data Engineering
With all this data, the Growth Data Engineering team is looking for talented data-minded engineers to help us manage business critical data leveraged across the entire organization. Data Engineering or Software Engineering role, with a focus on building data pipelines, or applications powered by big...
Data Analyst, Platform Excellence Ops Analytics
Within the PEO Analytics team, you will play a pivotal role in leveraging operational performance data to diagnose fulfillment quality gaps and provide data-driven recommendations to address these gaps and improve our products and processes. The analytics team focuses on identifying, understanding, ...