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Actuarial Investment Strategist, VP II - State Street Investment Management

State Street CorporationBoston, United States5mo ago
FlexiblePension DBRetiree Health OPEBMulti LineAsset-Liability ManagementExperience StudiesProduct Development & Plan Design

Role Summary

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HIGHLIGHTS

VP-level actuarial investment strategist in State Street's OCIO team based in Boston focused on defined benefit pension and not-for-profit liability-driven investing. Lead ALM studies, stochastic modeling, funded status analysis, de-risking glide paths and develop long-term strategic asset allocation plans. Client-facing role partnering with relationship managers and investment committees to design and monitor liability-based solutions. Requires DB pension subject-matter expertise and strong communication skills.

JOB DESCRIPTION SUMMARY

  • Lead ALM, stochastic modeling and funded-status analysis for DB pension clients
  • Design liability-driven investing, de-risking glide paths and long-term SAA plans
  • Client-facing: present to investment committees and partner with OCIO relationship managers
  • Collaborate with manager research across public and private markets for portfolio construction
  • Based in Boston; flexible work programs and firm-wide development support

DOMAIN EXPERTISE

  • defined benefit pension ALM
  • liability-driven investing and de-risking glide paths
  • stochastic modeling and funded status analysis
  • spending analysis for endowments and not-for-profits
  • US DB plan design and pension risk management

KEY REQUIREMENTS

  • Proven defined benefit (DB) pension actuarial expertise and ALM experience
  • Experience with liability-driven investing, de-risking glide paths and stochastic modelling
  • Client-facing presentation experience with investment committees
  • Familiarity with Moody's Pfaroe or comparable DB actuarial platforms
  • ASA designation or progress toward ASA is desirable

TECH STACK

  • Other_BI_Tool