Assistant Portfolio Strategist

WTW; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading company in the financial services sector is seeking an Assistant Portfolio Strategist to support strategic asset allocation and client management. The role involves working closely with clients and investment colleagues to develop tailored investment strategies while mentoring junior team members. Ideal candidates will have a strong actuarial background and experience in pension consulting.

Qualifications

• Minimum of 5 years of experience in the pension actuarial consulting industry.
• Knowledge of defined benefit pension plan funding and accounting in Canada.
• CIM/CFA designation or started the exam process is an asset.

Responsibilities

• Support the portfolio strategist in strategic asset reviews and client liaison.
• Design strategic asset allocation and de-risking strategies for OCIO clients.
• Manage and deliver investment strategy assignments with junior team support.

Skills

Analytical thinking

Client management

Project management

Bilingual (English and French)

Education

Undergraduate degree in Actuarial Science

Job description

Join to apply for the Assistant Portfolio Strategist role at WTW

The Role

As an Assistant Portfolio Strategist and a member of the Portfolio Management Group (PMG), you will support the portfolio strategist in performing strategic asset reviews and maintaining WTW modeling tools.

Your primary focus will be on our OCIO clients, for whom you will design strategic asset allocation and de-risking strategies to meet client objectives. This will involve a particular emphasis on Liability-Driven Investments (LDI), using asset liability modelling. Additionally, you will support our advisory business by preparing strategic asset allocation and investment management structure recommendations.

You will liaise closely with clients, fund managers, actuaries, and other investment colleagues, taking responsibility for managing and delivering investment strategy assignments, supported by other consultants and investment analysts as appropriate. You will also build customized portfolio simulations and asset allocation models and support the training and career development of junior team members.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Performance Objectives

Clients

• Develop and deliver superior, consistent advice and solutions for clients:
• Collaborate as a key member of Portfolio Management Group, working with colleagues specializing in portfolio management, operations, client service, and actuarial consulting
• Ensure the progress against established objectives, timeline, budgets, deliverables, and quality standards
• Engage with colleagues from other practices and regions on assignments that reflect the client’s broader business issues

Excellence

• Contribute to the development and deployment of first-class solutions in relation to the design, implementation and monitoring of investment strategies based on the Total Portfolio Approach and liability driven investing techniques, including the use of derivative instruments
• Conduct technical review of work performed by junior team members
• Participate in special projects as needed
• Contribute to the development of new tools and approaches

Financial

• Manage quality of processes and deliverables in an efficient manner
• Support the generation of new business as part of the broader team

People

• Serve as mentor to junior team members who don’t have an actuarial background
• Demonstrate natural ease and effectiveness when dealing with clients and colleagues at all levels

This is a hybrid role, with the expectation of being present in the office at least two days each week.

Qualifications

The Requirements

Actuarial

• Undergraduate degree in Actuarial Science with ASA or FSA designation
• Minimum of 5 years of experience in the pension actuarial consulting industry
• Knowledge and experience in defined benefit pension plan funding and accounting in Canada

Investment

• Good overall knowledge and understanding of investment industry and financial markets
• CIM/CFA designation or have started the exam process is considered an asset

Other

• Experience managing multiple projects and producing high-quality deliverables on time
• Enquiring and analytically minded with a logical and thorough work ethic
• Bilingual (English and French) is considered an asset

Equal Opportunity Employer