Associate Director Investments
Top Benefits
About the role
We welcome applications from all qualified job seekers. Should you require any accommodations, including alternative interview formats, assistance with online assessments, or an ASL interpreter, throughout the application or hiring process, please email your request to accessibility_services@icbc.com – we are committed to ensuring an accessible experience for all candidates.
At ICBC, we strive to build diverse teams which reflect the communities we serve. To support this, we’ve created two talent communities for Indigenous Peoples and People with Disabilities. By joining one of these communities, you’ll connect with our recruitment team who will guide you through the application process and help you explore opportunities at ICBC. Of course, you’re welcome to apply for jobs at ICBC whether or not you join a talent community.
We look forward to hearing from you!
Position Highlights Are you a strategic investment leader with deep expertise in investment portfolio management and pension fund oversight? ICBC is seeking a seasoned professional to lead the planning, development, and execution of investment strategies for our corporate investment portfolio and the ICBC Management and Confidential Pension Plan - totaling approximately $20 billion in assets.
This is a high-impact role that combines strategic decision-making, governance oversight, and stakeholder engagement across internal teams, external managers, and government bodies.
Key Responsibilities
- Develop and execute investment strategies for the ICBC Investment portfolio and the ICBC Management and Confidential Pension Plan to maximize returns on invested assets.
- Perform investment portfolio risk monitoring, performance attribution and peer comparison.
- Lead the development of investment policies, risk tolerance frameworks, benchmarks and risk models.
- Maintain a broad and current understanding of financial market trends, developments and projections/forecasts.
- Make investment decisions based on knowledge, industry experience, research and analysis, ensuring compliance with industry regulations, corporate financial objectives and policies and procedures.
- Negotiate investment terms and conditions in accordance with corporate and industry standards. Secure corporate interest and accounts for all investment funds.
- Build and maintain effective working relationships with the financial community and Crown peer organizations to obtain timely information, execute transactions or manage service providers.
- Provide expert advice to corporate staff, the Executive Leadership Team, and Government, assisting the CFO with matters related to special projects or initiatives related to the portfolios.
- Manage relationships with external investment managers and service providers, including British Columbia Investment Management Corporation.
- Oversee compliance with ICBC investment policies and procedures of all external investment managers pension legislation and respond to regulatory filings with the BC Utilities Commission.
- Prepare and present investment performance reports and strategic recommendations to the Investment Committee of the Board of Directors.
- Provide strategic leadership in staffing, training, and performance assessment of the investment team.
Position Requirements
- Undergraduate degree in finance, economics, or a related field; CFA designation strongly preferred.
- 10 years of experience in investment portfolio management, ideally within the public sector or pension fund environments.
- Deep knowledge of global investment markets, asset classes, and industry trends.
- Proven ability to negotiate investment terms and manage external service providers.
- Strong understanding of pension legislation, regulatory compliance, and governance best practices.
- Exceptional communication, relationship management, and leadership skills.
About Us At ICBC, it’s our job to make sure the car insurance system works for all people living in British Columbia, today and in the future. If you want to make the most of your skills and expertise while growing your career, we want you. A career at ICBC is an opportunity to be part of a talented, diverse and inclusive team that is driven to serve its customers and community. You can expect a competitive salary, comprehensive benefits and a collaborative work environment. If you are reliable and dependable, contact us today to be part of our talented and diverse team as we work together to create an insurance system we can all be proud of.
Work Arrangements Defined
- Hybrid 8 – you will work a minimum of 8 days per month at your primary in-office headquarters (typically 2 days per week). The remaining days will be remote within British Columbia.
Our values guide how we interact with customers, internal departments, partners, and each other. They shape our decisions and create a culture where employees feel inspired and empowered to do their best work
- Collaborative: We include different perspectives to reach our common goals.
- Supportive: We seek to understand to meet diverse and evolving needs.
- Straightforward: We simplify the complex to make things easier.
- Knowledgeable: We gain knowledge through experience and learning to make informed decisions
We invite you to apply today and find out why employees recommend ICBC to their friends and family as an excellent place to work. We value and seek to maintain an environment of Collaborative, Supportive, Straightforward, and Knowledgeable team. Come join us at one of BC’s Top Employers!
ICBC provides comprehensive benefit coverage to all eligible employees including a defined benefit pension plan and 4 weeks’ vacation, plus 3 Wellness Days per year.
- Three options available for your health and dental coverage
- Employee and Family assistance program (wellness support)
- Basic group life insurance
- Voluntary group life insurance
- Critical Illness insurance
- Sick leave plan – 100% of pay for a period of a maximum of 8 weeks
- Long term disability plan
- Pension plan – defined benefit pension plan that pays a benefit to you or your beneficiary upon termination, death, or retirement.
Only candidates legally entitled to work in Canada will be considered for this position.
About ICBC (Insurance Corporation of British Columbia)
We're ICBC, your provincial Crown Corporation responsible for insurance, driver licensing and road safety. At ICBC, you'll have the opportunity to advance your career in a supportive environment, with benefits that support your health and wellness to help you thrive.
Why work with us? Competitive benefits to make the most of life in B.C. From health coverage to pensions, our benefits and perks provide peace of mind.
A collaborative work environment. We foster collaboration across all our teams, while valuing the unique contributions each of us can bring. Our welcoming workplace is designed to make you feel confident, comfortable and prepared to succeed.
Opportunities that advance your career. Learn new skills, take on new roles and move your career in the direction you want. At ICBC, your career is more than just your job title. We support you broadening your skill set, exploring new roles and developing a long-term plan for your professional advancement.
Rewarding work with a sense of purpose. Helping British Columbians is at the heart of everything we do. We contribute to communities across B.C. and help people get to where they need to go safely. If you thrive in a workplace that values work with a clear purpose, we invite you to join us.
Take a look at our openings on icbc.com/careers or the jobs tab on our Linkedin page.
Associate Director Investments
Top Benefits
About the role
We welcome applications from all qualified job seekers. Should you require any accommodations, including alternative interview formats, assistance with online assessments, or an ASL interpreter, throughout the application or hiring process, please email your request to accessibility_services@icbc.com – we are committed to ensuring an accessible experience for all candidates.
At ICBC, we strive to build diverse teams which reflect the communities we serve. To support this, we’ve created two talent communities for Indigenous Peoples and People with Disabilities. By joining one of these communities, you’ll connect with our recruitment team who will guide you through the application process and help you explore opportunities at ICBC. Of course, you’re welcome to apply for jobs at ICBC whether or not you join a talent community.
We look forward to hearing from you!
Position Highlights Are you a strategic investment leader with deep expertise in investment portfolio management and pension fund oversight? ICBC is seeking a seasoned professional to lead the planning, development, and execution of investment strategies for our corporate investment portfolio and the ICBC Management and Confidential Pension Plan - totaling approximately $20 billion in assets.
This is a high-impact role that combines strategic decision-making, governance oversight, and stakeholder engagement across internal teams, external managers, and government bodies.
Key Responsibilities
- Develop and execute investment strategies for the ICBC Investment portfolio and the ICBC Management and Confidential Pension Plan to maximize returns on invested assets.
- Perform investment portfolio risk monitoring, performance attribution and peer comparison.
- Lead the development of investment policies, risk tolerance frameworks, benchmarks and risk models.
- Maintain a broad and current understanding of financial market trends, developments and projections/forecasts.
- Make investment decisions based on knowledge, industry experience, research and analysis, ensuring compliance with industry regulations, corporate financial objectives and policies and procedures.
- Negotiate investment terms and conditions in accordance with corporate and industry standards. Secure corporate interest and accounts for all investment funds.
- Build and maintain effective working relationships with the financial community and Crown peer organizations to obtain timely information, execute transactions or manage service providers.
- Provide expert advice to corporate staff, the Executive Leadership Team, and Government, assisting the CFO with matters related to special projects or initiatives related to the portfolios.
- Manage relationships with external investment managers and service providers, including British Columbia Investment Management Corporation.
- Oversee compliance with ICBC investment policies and procedures of all external investment managers pension legislation and respond to regulatory filings with the BC Utilities Commission.
- Prepare and present investment performance reports and strategic recommendations to the Investment Committee of the Board of Directors.
- Provide strategic leadership in staffing, training, and performance assessment of the investment team.
Position Requirements
- Undergraduate degree in finance, economics, or a related field; CFA designation strongly preferred.
- 10 years of experience in investment portfolio management, ideally within the public sector or pension fund environments.
- Deep knowledge of global investment markets, asset classes, and industry trends.
- Proven ability to negotiate investment terms and manage external service providers.
- Strong understanding of pension legislation, regulatory compliance, and governance best practices.
- Exceptional communication, relationship management, and leadership skills.
About Us At ICBC, it’s our job to make sure the car insurance system works for all people living in British Columbia, today and in the future. If you want to make the most of your skills and expertise while growing your career, we want you. A career at ICBC is an opportunity to be part of a talented, diverse and inclusive team that is driven to serve its customers and community. You can expect a competitive salary, comprehensive benefits and a collaborative work environment. If you are reliable and dependable, contact us today to be part of our talented and diverse team as we work together to create an insurance system we can all be proud of.
Work Arrangements Defined
- Hybrid 8 – you will work a minimum of 8 days per month at your primary in-office headquarters (typically 2 days per week). The remaining days will be remote within British Columbia.
Our values guide how we interact with customers, internal departments, partners, and each other. They shape our decisions and create a culture where employees feel inspired and empowered to do their best work
- Collaborative: We include different perspectives to reach our common goals.
- Supportive: We seek to understand to meet diverse and evolving needs.
- Straightforward: We simplify the complex to make things easier.
- Knowledgeable: We gain knowledge through experience and learning to make informed decisions
We invite you to apply today and find out why employees recommend ICBC to their friends and family as an excellent place to work. We value and seek to maintain an environment of Collaborative, Supportive, Straightforward, and Knowledgeable team. Come join us at one of BC’s Top Employers!
ICBC provides comprehensive benefit coverage to all eligible employees including a defined benefit pension plan and 4 weeks’ vacation, plus 3 Wellness Days per year.
- Three options available for your health and dental coverage
- Employee and Family assistance program (wellness support)
- Basic group life insurance
- Voluntary group life insurance
- Critical Illness insurance
- Sick leave plan – 100% of pay for a period of a maximum of 8 weeks
- Long term disability plan
- Pension plan – defined benefit pension plan that pays a benefit to you or your beneficiary upon termination, death, or retirement.
Only candidates legally entitled to work in Canada will be considered for this position.
About ICBC (Insurance Corporation of British Columbia)
We're ICBC, your provincial Crown Corporation responsible for insurance, driver licensing and road safety. At ICBC, you'll have the opportunity to advance your career in a supportive environment, with benefits that support your health and wellness to help you thrive.
Why work with us? Competitive benefits to make the most of life in B.C. From health coverage to pensions, our benefits and perks provide peace of mind.
A collaborative work environment. We foster collaboration across all our teams, while valuing the unique contributions each of us can bring. Our welcoming workplace is designed to make you feel confident, comfortable and prepared to succeed.
Opportunities that advance your career. Learn new skills, take on new roles and move your career in the direction you want. At ICBC, your career is more than just your job title. We support you broadening your skill set, exploring new roles and developing a long-term plan for your professional advancement.
Rewarding work with a sense of purpose. Helping British Columbians is at the heart of everything we do. We contribute to communities across B.C. and help people get to where they need to go safely. If you thrive in a workplace that values work with a clear purpose, we invite you to join us.
Take a look at our openings on icbc.com/careers or the jobs tab on our Linkedin page.