Justin Owens, CFA, FSA, EA
Director, Investment Strategy & Solutions
B.S., Actuarial Science, Brigham Young University
Fellow, Society of Actuaries
Fellow, Conference of Consulting Actuaries
CFA Charterholder, CFA Institute
Enrolled Actuary, JBEA
Justin Owens is a director in Russell Investments' Investment Strategy & Solutions team based in Seattle. As a subject matter expert on defined benefit plans, Justin regularly publishes research on risk management and investment strategy topics for DB plan sponsors. Justin is also responsible for the completion and presentation of strategic reviews (asset/liability studies) and risk-budgeting exercises for clients and prospects.
Justin ensures strategic reviews are completed in compliance with current actuarial funding laws and accounting standards, performed using industry best practices. As part of the strategic review process, Justin educates clients on the impact of current pension industry regulations and trends, including best practices for funding and investment strategies.
Before joining Russell in 2012, Justin was a consulting actuary for a large actuarial firm. There he consulted with clients on a range of retirement issues. Specific areas of expertise included funding and accounting valuations on corporate and multiemployer defined benefit and retiree medical plans; asset/liability forecasting; actuarial assumption reviews; and benefits administration. Justin also held training and recruiting responsibilities.
Justin currently sits on the Investment Section Council for the Society of Actuaries and volunteers as an exam writer for the Investment Risk Management exam for fellowship-level actuarial candidates.
Justin's published works include the following:
$20 billion club: 2023 update
2022 Prudent pension funding report
Risk transfer potholes: How to avoid them or brace for impact
Defined benefit plan terminations: Funding and investment strategies
Why non-profits should consider private credit
Risk transfer options and considerations
Simplifying the LDI story: Focusing on the three DB hedge ratio levers
Strategic asset allocation reviews for DB plan sponsors
This paper focuses on the strategic asset allocation review process and how it assists the sponsor in setting an appropriate asset allocation for the DB plan and its beneficiaries.