ALM Director, Consultant
Aon is seeking an experienced ALM Director, Consultant to join our Global Life Risk Modelling team. In this role, you will help develop sophisticated asset-liability management solutions, support Path Wise implementations, and work with global insurance clients to solve sophisticated financial and investment challenges.
Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.
Aon is in the business of better decisionsAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.
What the day will look likeDevelopment Services
- Develop and implement asset liability management (ALM) / liability driven investing (LDI) models for institutional clients under different regulatory frameworks
- Provide programming and analytical expertise in a practical asset/liability and portfolio management context, including ALM risk monitoring and reporting, asset rebalancing, portfolio optimizations, and investment strategy research
- Build and maintain SAA and optimal asset solver for use in balance sheet projections of financial services companies
- Further the development of robust, production-quality processes for ALM, hedging, strategic asset allocation, reinvestment modeling, and insurance company financial reporting (statutory, GAAP/IFRS, and economic capital)
- Participate in the expansion of Path Wise ALM and risk functionality as the need arises or as requested by clients, including new ALM analytics, reporting, and workflow automation
Onboarding Services
- Contribute to the advancement of models and processes for companies moving into Path Wise
- Provide hands-on training to users of Path Wise
- Develop standalone training reference materials for Path Wise users
- Identify shortfalls in company processes and propose improvements
- Troubleshoot issues as they arise during Path Wise migrations, focusing on providing a strong initial user experience
Business Development Support
- Participate in demonstrations to potential clients
- Develop models or ALM features specific to client requirements
- Participate in industry, academic and internal research projects
- Develop and deliver presentations on emerging issues pertaining to the insurance industry and the financial services industry
- Attend industry and client conferences
Aon Life Solutions provides high efficiency computing software, consulting services as well as advisory services to financial intermediaries, primarily insurance companies. The high-performance software platform, Path Wise, provides companies with the ability to easily model financial obligations without involved coding and is run on Graphical Processing Units (GPU), making it the fastest, readily available software platform currently in use in the insurance industry.
Global Life Risk Modelling consulting services has focused primarily on actuarial analysis, modelling of insurance liabilities and financial assets, asset-liability management (ALM), and reviews of hedging programs. As a Director and Offshore lead in Global Life Risk Modelling Consulting Team, you will supervise developers and partners with actuarial, asset, and ALM teams to support the development of integrated asset‑liability models and processes for companies moving to Path Wise.
You will help design and implement stochastic ALM frameworks, reinvestment strategies, and risk metrics (e.g., duration/KRD, capital and liquidity measures) within Path Wise to support regulatory, economic…
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