Director, Asset Liability Management & Hedging

Director, Asset Liability Management & Hedging

Toronto or Montréal | Hybrid | Nexus Risk Management

Nexus Risk Management is seeking a senior insurance ALM professional to help lead the continued expansion of our Next-Generation ALM, hedging, and enterprise balance sheet management platform.

This is not a traditional insurance ALM role

For more than two decades, Nexus has developed institutional-grade infrastructure supporting enterprise balance sheet management, optimization, hedging, and execution for life insurers and pension organizations globally. Nexus has jointly managed ALM and institutional asset management mandates for insurers and pension plans for more than 20 years and has developed proprietary enterprise infrastructure spanning ALM, optimization, dynamic hedging, analytics, and execution.

Our work focuses on helping insurers optimize financial performance, capital efficiency, risk positioning, and strategic decision-making across multiple measurement bases simultaneously.

We are seeking a highly capable leader to work directly with senior insurance executives, investment teams, and actuarial leadership on some of the industry’s most complex balance sheet and optimization challenges.

The successful candidate will play a leadership role in the continued evolution of Nexus’ institutional ALM and hedging platform, supporting both recurring execution mandates and broader enterprise transformation initiatives.

The role combines:

• Enterprise ALM and hedging execution
• Strategic advisory and client leadership
• Quantitative analytics and optimization
• Investment and balance sheet risk management
• Enterprise analytics and infrastructure development

The successful candidate will work directly with senior executives across actuarial, treasury, finance, investment, and risk functions and will contribute to some of the industry’s most advanced work in enterprise balance sheet management, multi-basis optimization, strategic hedging, and integrated analytics.

• Lead ongoing ALM and hedging execution activities across client mandates
• Support enterprise balance sheet optimization and strategic transformation initiatives
• Present analytics, recommendations, and strategic insights to client ALM and investment committees
• Contribute to the continued advancement of Nexus’ Next-Generation ALM and hedging platform
• Support development of scalable analytics, reporting, and execution capabilities

• FCIA and/or FSA designation (or in course of completion) required
• CFA, FRM, or equivalent professional designation an asset
• 10+ years of experience in insurance ALM, investment risk, treasury, actuarial, or hedging functions
• Strong knowledge of IFRS 17, LICAT, economic capital, and interest‑rate risk management
• Experience with stochastic modeling, optimization frameworks, derivatives, or hedging strategies
• Python, quantitative programming, or analytics infrastructure experience
• Strong communication and client‑facing capabilities
• Entrepreneurial mindset with intellectual curiosity and strategic thinking

To apply and learn more, please contact:

Hélène Baril, Executive Vice President, Nexus Risk Management