Head: Investment Actuarial

Overview

• To keep and grow clients by being the trusted advisor that delivers impartial, expert investment advice in a professional manner to an institutional client base, ensuring at all times that Alexforbes' standards are maintained and our best advice is adhered to.
• To provide insightful advice resulting in superior investment outcomes for our institutional clients.
• To derive and execute on deliverables that support our advice-led consulting philosophy.
• To define and deliver the full client value proposition to our clients.
• To define and roll-out strategy to deliver and embed our investment approach.
• To create and maintain a stable and disciplined operating environment that supports the investment consulting team and the broader business.
• To ensure client satisfaction by providing quality service through coordinating all internal and external constituencies.
• To manage and grow a profitable portfolio of clients and manage clients at cost.
• To influence, challenge, and shape investment thinking within the business and industry.
• To manage the Investment Actuarial function within the Investment Consulting team.
• To assist in the development of junior staff

Asset-Liability Modelling:

• Develop client strategies for Asset-Liability modelling exercises.
• End-to-end project management for Asset-Liability modelling exercises.
• Reviewing Asset-Liability modelling exercises for retirement fund clients (both DB and DC funds), insurance companies, and trusts.
• Interaction with the actuary/valuator, investment consultant, investment manager(s), and administrator appointed to the fund/company.
• Using software packages and internal models to project future asset class return scenarios and optimise strategic asset allocations.
• Project assets, liabilities, and funding levels into the future for defined benefit funds.
• Project net replacement ratios for members of defined contribution funds.
• Present modelling results to clients.

• Develop client strategies for Asset-Liability modelling exercises.
• End-to-end project management for Asset-Liability modelling exercises.
• Reviewing Asset-Liability modelling exercises for retirement fund clients (both DB and DC funds), insurance companies and trusts.
• Interaction with the actuary/valuator, investment consultant, investment manager(s) and administrator appointed to the fund/company.
• Using software packages and internal models to project future asset class return scenarios and optimise strategic asset allocations.
• Project assets, liabilities and funding levels into the future for defined benefit funds.
• Project net replacement ratios for members of defined contribution funds.
• Present modelling results to clients.

• Develop client strategies for Asset-Liability modelling exercises.
• End-to-end project management for Asset-Liability modelling exercises.
• Reviewing Asset-Liability modelling exercises for retirement fund clients (both DB and DC funds), insurance companies and trusts.
• Interaction with the actuary/valuator, investment consultant, investment manager(s) and administrator appointed to the fund/company.
• Using software packages and internal models to project future asset class return scenarios and optimise strategic asset allocations.
• Project assets, liabilities and funding levels into the future for defined benefit funds.
• Project net replacement ratios for members of defined contribution funds.
• Present modelling results to clients.

• End-to-end project management for style analytics exercises.
• Interaction with the investment consultant and investment manager(s) appointed to the fund.
• Determine style signatures of different investment managers based on different metrics.
• Use style analytics tool to determine a manager's style signature relative to a pre-determined benchmark.
• Review reports for consultants and clients.

• Develop knowledge of investment concepts and matters.
• Keep abreast of changes in the investment industry and other regulations (retirement funds, insurance etc.).
• Conduct technical research on topical investment issues.
• Contributing to research papers and articles.
• Attend asset manager presentations and actuarial conventions/seminars and provide feedback to the team.

• Provide technical investment support to the team and the business.
• Perform detailed portfolio analysis on historical performance.
• Compare performance and risk characteristics of portfolios.

• Attending conferences/conventions and providing feedback to business on events attended.
• Successful time management and delegation.

• To represent AF Investments at internal group-wide committees such as AF Investment Consulting Committee (AFICC), Actuarial Standards Committee (ASC), Actuarial Professionalism Committee (APC), Actuarial Indaba etc. and Investment Actuarial within the Investment Consulting Manco
• To represent AF Investments at external committees e.g. ASSA, ABSIP, ASISA etc.

• Qualified Actuary…