ALM Director, Consultant

Aon
Toronto, Vancouver, Calgary, Edmonton
Workplace: HybridFull timeFunction: Finance & AccountingExperience: 8+ yearsSkills: ["Communication","Collaboration","Client-facing communication","Problem-solving"]

Lead asset-liability management (ALM) and liability-driven investing (LDI) consulting for institutional life insurance clients. Develop ALM models and risk monitoring, build strategic asset allocation and optimization components, and advance production-quality processes across hedging, reinvestment modeling, and reporting in statutory, GAAP/IFRS, and economic capital frameworks. Supervise developers and partners supporting PathWise implementations, while contributing to client demos, training, and conferences.

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FursaFursa
Aon
Aon
3 days ago

ALM Director, Consultant

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Job Summary

Lead asset-liability management (ALM) and liability-driven investing (LDI) consulting for institutional life insurance clients. Develop ALM models and risk monitoring, build strategic asset allocation and optimization components, and advance production-quality processes across hedging, reinvestment modeling, and reporting in statutory, GAAP/IFRS, and economic capital frameworks. Supervise developers and partners supporting PathWise implementations, while contributing to client demos, training, and conferences.
Location: Toronto, Vancouver, Calgary, Edmonton
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Director level

Key Responsibilities

  • •Develop and implement ALM/LDI models for institutional clients under different regulatory frameworks.
  • •Provide programming and analytical expertise for ALM risk monitoring and reporting, asset rebalancing, portfolio optimization, and investment strategy research.
  • •Build and maintain strategic asset allocation and optimal asset solver components for balance sheet projections, and advance production-quality ALM/hedging/reinvestment modeling processes.
  • •Contribute to expansion of PathWise ALM and risk functionality, including analytics, reporting, and workflow automation; provide training and troubleshooting during migrations.
  • •Supervise developers and partners offshore, lead design/implementation of stochastic ALM frameworks and risk metrics in PathWise, and support client demos, presentations, and conferences.

Key Requirements

  • •8+ years of experience in ALM modeling, investments, or the life insurance/pension industry in an investment actuary or similar role, working with ALM and/or portfolio management.
  • •Experience with asset allocation strategy, portfolio optimization, investing aligned to matching liabilities, and measurement of investment-related risks (interest rate, credit, liquidity).
  • •Strong understanding of Bermuda’s insurance regulatory framework (e.g., BMA regulations, BSCR, EBS) and how it impacts ALM, capital, and product design.
  • •In-depth knowledge of participating and index-linked insurance products, including valuation and capital requirements.
  • •Familiarity with Monte Carlo simulation for asset/liability cash-flow projections, plus experience with object-oriented programming (Python preferred).
Experience:8+ yearsLife insurancePensionInsuranceReinsurance
Skills:CommunicationCollaborationClient-facing communicationProblem-solving
Certifications:Institute and Faculty of ActuariesSociety of ActuariesChartered Financial AnalystCFA
Tech Stack:ALMLDIPathWiseGPUGraphical Processing UnitsMonte Carlo simulationPythonObject-oriented programmingSAARisk monitoringAsset solver

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Aon
Global professional services firm providing risk, retirement, human resources, and insurance brokerage solutions to clients worldwide, including consulting, reinsurance, and data-driven risk management services.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: London, United Kingdom
Founded: 1982
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