Director Global Asset Modeling

 

Permanent Full Time 

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We are looking for a Director, Global Asset Modeling.

 

In this role, you will report to the Managing Director, Head of Global ALM & Structuring and will be the overall leader of the global asset optimization modeling efforts.

 

The Director, Global Asset Modeling will work closely with regional ALM teams, investment teams, finance, capital and risk teams to enhance the company’s asset allocation and asset liability management strategies, thereby driving value across insurance business units.

 

What you will do:

• Develop quantitative models to optimize asset mix and drive decision-making processes in strategic asset allocation (SAA) and asset liability management (ALM).

 • Set up object-oriented infrastructure that interfaces efficiently with time-series data.

• Create user-friendly modules to streamline input / output processes.

• Understand business drivers and constraints for each insurance product line and incorporate these factors into models using a quantitative approach.

• Facilitate the creation of global asset sourcing plans and track progress.

• Participate in tactical asset allocation (TAA) projects driven by changes in market conditions and deal opportunities.

 • Engage in additional ALM projects to efficiently manage capital market risks across accounting and capital regimes.

 

What you will bring:

• 7-10 years of experience in quantitative modeling, preferably within financial institutions like banks and insurance companies

• An undergraduate degree in Computer Science, or a degree in quantitative subjects (i.e., Mathematics, Finance, Statistics, Economics) along with programming experience. Advanced degrees (MS, PhD) and CFA are advantageous

• Proficiency in programming languages such as Python and MATLAB is preferred. Experience with Julia is advantageous, though not mandatory

• Knowledge of project management techniques

• Innovative and strategic mindset with demonstrated analytical and problem-solving abilities to uncover effective solutions.

• Commitment to achieving outcomes and fostering a culture of responsibility

• Capability to handle complexity and uncertainty, and make prompt and well-informed decisions

• Flexibility to adapt and manage within a fast-paced, dynamic business environment

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The base salary for this position is between  $89,900 – $166,300 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

 

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

 

Be your best at Canada Life- Apply today!

 

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

 

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

 

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

 

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [email protected].

 

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

 

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