Pension Portfolio Strategist – Actuarial & Investments

WTW; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading financial services firm in Toronto is looking for an experienced actuarial professional to support investment strategies and client objectives. The role involves designing asset allocation strategies and de-risking methodologies for OCIO clients. Required qualifications include an undergraduate degree in Actuarial Science, ASA or FSA designation, and at least 5 years in pension actuarial consulting. This hybrid position requires office presence at least twice weekly.

Qualifications

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

Responsibilities

• Support the Senior Portfolio Strategist in asset reviews.
• Design strategic asset allocation and de-risking strategies.
• Build customized portfolio simulations and asset allocation models.

Skills

Actuarial science knowledge

Investment industry knowledge

Analytical skills

Project management

Education

Undergraduate degree in Actuarial Science

Job description

Description

The Role

This role will be an integral member of the Portfolio Management Group (PMG) supporting the Senior 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