Associate Director, Asset-Liability Specialist, Investment Risk

Job Description

Job Description

Build the futur with us

As a member of the Investment Risk team, you will develop and maintain advanced models that quantify asset‑liability risks for iA’s General Fund and Pension Fund. You will serve as the team’s subject matter expert in actuarial and liability modeling practices, providing guidance and technical leadership in these areas. In addition, you will deliver actionable insights that strengthen portfolio management and ensure sound risk oversight. Working closely with front‑office teams on strategic initiatives, your analysis will directly shape portfolio decisions and drive sustainable growth. This role offers a unique opportunity to combine technical expertise, innovation and strategic influence, making a meaningful impact on risk management and long‑term portfolio performance.

What you’ll accomplish

• Maintain and develop asset‑liability risk models to support asset‑liability management, portfolio management and various actuarial needs


• Maintain and develop accounting models for evaluating liabilities under IFRS17 in the context of investment risk management


• Monitor, analyze and explain the evolution of relevant risk metrics (Monte Carlo VaR, sensitivities, …)


• Be a subject matter expert on actuarial and modeling practices in the context of investment risk management


• Generate actionable risk insights for our partners


• Contribute to a variety of complex strategic projects, mandates, and activities


• Actively engage with various internal teams


• Stay up to date on best practices in investment risk for continuous improvement purposes


• Provide mentoring to more junior team members

Who you are

• University degree in actuarial science, quantitative finance or other related quantitative discipline; graduate degree preferred


• Five plus years experience in the investment risk field at an insurance company, pension fund, asset manager, or bank


• Strong technical expertise in developing and analyzing complex models, such as Monte Carlo VaR and stochastic econometric models


• Strong understanding of investment risk, with a particular focus on the unique considerations within a life insurance company


• Strong knowledge of financial products including derivatives


• Programming (Python, SQL and Excel/VBA), data management, and general technology/system skills


• Experience with investment and risk systems (Algo Risk would be considered an asset)

Personal Attributes

• Highly organized and structured, with a strong sense of reliability and accountability in delivering accurate, insightful and timely results


• Strong analytical and problem‑solving skills, with a track record of turning insights into actionable strategies


• Proactive and forward‑thinking, consistently identifying opportunities and driving continuous improvement


• Strong interpersonal skills with the ability to work effectively both independently and as part of a team


• Communicates clearly and concisely, simplifying complex concepts for diverse audiences

Location

Québec, Québec

Other Possible Location(s)

Montreal, Quebec

Company

Industrial Alliance Investment Management Inc.

Company Overview

iA Financial Group is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $200 billion in assets and half a billion invested in technological innovation, we’re a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 125 years, we have believed that it’s by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

At iA, we’re invested in you.

Our Commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Accessibility

Please note that if you need help or assistance to make the recruitment process more accessible for you, contact us here. Someone from our team will be happy to assist you with your needs.