Director Investments

Echelon Insurance; Vaughan; On-site; CAD 100,000 - CAD 150,000; Full time

Job summary

A leading insurance firm in Vaughan, Ontario is seeking an experienced investment professional to lead efforts in asset allocation, manager evaluation, and compliance with financial regulations. The ideal candidate will hold an undergraduate degree in a relevant field and have over 9 years of experience in the investment industry, particularly in insurance or pension plans. Key responsibilities include managing relationships with external partners and preparing performance reports. The firm promotes an accommodating work environment and equal opportunities for all applicants.

Qualifications

• Minimum of 9 years of progressive experience in the investment industry, preferably at an insurance firm or a pension plan.
• Thorough knowledge of Liability Driven Investments.
• Fundamental understanding of investment products across multiple asset classes.

Responsibilities

• Assist in ALM and development of strategic asset allocation for multiple portfolios.
• Lead research and analyze investment managers and strategies.
• Monitor investment managers across CCG portfolios to meet service-level agreements.
• Develop reporting metrics and prepare performance reports for the Investment Committee.
• Assist in the preparation of the Investment budgets file detailing expected income.

Skills

Investment analysis

Relationship management

Risk analytics

Financial reporting

Market research

Education

Undergraduate degree in Finance, Commerce, Business, Economics, Statistics, or Mathematics

Completion of the CFA program

Job description

What You Will Do

• Assist in ALM and development and maintenance of strategic asset allocation for multiple CCG portfolios, including three insurance entities, a DB pension plan, and an NPO by evaluating a range of inputs such as existing holdings, relative value across asset classes, capital charges, actuarial liability profiles, liquidity needs, and capital‑market assumptions
• Lead, source, research, and analyze investment managers and strategies, participating in searches and conducting evaluation and due diligence on potential new managers
• Evaluate and monitor investment managers across all CCG portfolios, including the CAP plans, using both quantitative and qualitative methods, ensuring all contractual standards and service‑level agreements are met
• Contribute to the development of intellectual content, including analysis of industry trends in pension and insurance asset management, and assessments of new asset classes
• Monitor asset‑mix levels based on SIPP minimum, target, and maximum ranges. Recommend and coordinate rebalancing transactions among investment managers and the custodian
• Lead the preparation and execution of transaction requests by managing investment instructions, capital calls, and distributions for both public and private market transactions
• Contribute to the development of a holistic investment strategy for each CCG entity, including assisting in the creation and maintenance of strategic asset‑mix targets
• Assist the VP/AVP with portfolio construction and risk analytics, recommending tactical adjustments across multiple asset classes to enhance risk‑adjusted returns
• Develop reporting metrics and KPIs, analyze investment performance, and act as the lead in preparing monthly and quarterly performance reports for the Investment Committee and Board
• Assist the VP/AVP with presentations to the Investment Committee and Board
• Serve as a key point of contact for day‑to‑day relationship management with external partners, including custodians, consultants, investment managers, and other financial institutions
• Ensure compliance with all relevant regulations and standards, including MCT, IFRS, and applicable OSFI and FSRA guidelines
• Assist in the preparation of the Investment budgets file detailing the expected income from the portfolios
• Perform other duties as required

Who You Are

• Undergraduate degree in Finance, Commerce, Business, Economics, Statistics or Mathematics or other related discipline
• Completion of the CFA program
• Minimum of 9 years of progressive experience in the investment industry preferably at an insurance firm or a pension plan
• Fundamental understanding of investment products across asset classes, including equity, fixed income, securitized products, preferred shares, private equity, Infrastructure, private credit and real estate
• Familiarity with the accounting, regulatory, risk management and strategic frameworks under which Canadian P& C insurers operate
• Must have thorough knowledge of Liability Driven Investments

Please note that internal applicants are asked to formally express their interest by applying online no later than 10 business days of the position being posted.

Please note that we may use AI tools to help us through the recruitment process.

Our Commitment

We are an equal opportunity employer and are committed to providing employment accommodation in accordance with all applicable Provincial Human Rights and Accessibility Legislation. CCG will provide accommodations to job applicants with disabilities throughout the recruitment process. If you require an accommodation, please notify us and we will work with you to meet your needs.