Investment Manager

Investment Manager

INVESTMENT MANAGER

ICBL is Barbados’ largest general insurance provider, writing business in all areas of general
insurance including, Property, Liability, Accident, Motor, Marine, Aviation and Transit Insurance.
ICBL also offers insurance coverage for Individual and Group Life, Individual and Group Health,
Annuities, Registered Retirement Savings Plans (RRSPs) and Individual and Group Pensions.

Applications are invited from suitably qualified persons to fill the position of

Investment Manager

in the Asset Management Business Unit. This role is in Grade 2 of the Company’s compensation
structure and will report to the Chief Financial Officer.

Main Areas of Responsibility:

• Manages investment portfolios.
• Monitors and assesses investment portfolio performance and makes recommendations to  Management to optimize returns or the replacement of funds.
• Assists with the formulation of strategic and operational plans for the investment of funds.
• Prepares detailed internal investment reports including market research, environmental and other analyses.
• Attends Board and other Committee Meetings, as required.
• Prepares reports relative to the Company’s commercial loan portfolio.
• Assists in cash projections/liquidity forecasting.
• Assists the Risk & Compliance Manager in the preparation of the Company’s Asset Liability reporting and its KPIs.
• Assists in the stress testing framework.
• Responsible for ECL calculation/modelling for IFRS 9.
• Assists with the preparation of external audit schedules and provides supporting documentation as required.
• Ensures compliance with regulatory requirements and company policies.
• Adequately reviews and approves the recording of monthly investment activity and fees, adjustments, investment balances and investment reconciliations against general ledger.
• Establishes and maintains good working relationships with all members of staff, Fund Managers, Regulators, members of the Board of Directors of ICBL and all other stakeholders.
• Performs other related duties as assigned and necessary for the advancement of the Insurance Corporation of Barbados Limited.

Qualifications, Experience and Skills

• A University degree in Accounting, Finance, Banking or another related field.
• Minimum of five years’ experience in investment management industry.
• Post-graduate degree in Finance/Investment Management would be an asset.
• Enrollment in a CFA program would be an asset.
• Experience in the management of pension funds would be an asset.
• Knowledge of IFRS and generally accepted accounting principles, practices for investments.
• Possesses business planning skills including financial modelling and budgeting.
• Proficiency in Microsoft Office Suite – able to perform complex calculations in Excel and produce high quality documents and presentations.
• Advanced critical thinking and analytical skills.
• Deadline oriented and results driven.
• Ability to multitask and work autonomously.
• Excellent interpersonal and communication skills, both verbal and written.
• Excellent time management, problem solving and organization skills.
• Good computer literacy skills, good written and oral communication skills.

Compensation

A competitive remuneration package will be offered in accordance with qualifications and experience.

Deadline Date for Applications

Monday, October 07, 2024