Stephen Smith, CFA, FSA, Managing Director, joined the firm in 2016. Steve is the CIO of Insurance Investments, responsible for advising, structuring, and managing insurance portfolios across asset classes. In addition to portfolio management, Steve oversees Solutions, which is responsible for strategic and quantitative analysis for institutional clients, especially strategic asset allocation, capital management, and asset-liability management. Steve is closely involved with US insurance regulatory developments, chairing the C-1 Subcommittee at the American Academy of Actuaries. Previously, Steve held positions as an insurance strategist at Goldman Sachs and as an actuary at MassMutual. Steve graduated Phi Beta Kappa in Mathematics and Statistics from the University of South Carolina.