Manager, Investment Operations
We are searching for an experienced Manager, Investment Operations at our Connecticut office.
Manager,Investment Operations
Hybrid
Norwalk, CT
About the Company:
Wilton Re is an industryleader in the life (re)insurance space, specializing in the acquisition of inforce life insurance and annuities. We are experienced industry specialistsfocused on the risk, capital and operational needs of our clients' businesses. Weprovide our clients with the services they need from in force transactions andproduct development to underwriting and new business strategies.
Wilton Re has the resourcesand expertise to pursue and successfully manage the largest life and annuitytransactions in the market.
Position Summary:
The Manager, InvestmentOperations role at Wilton Re plays a critical role in supporting investment,portfolio management, treasury, and accounting activities. This individual willact as a key liaison between investment teams, operations, fund administrators,investment accounting, custodians, and external counterparties. The rolerequires strong analytical skills, operational rigor, and the ability tooperate effectively in a fast-paced, transaction-driven environment.
Role Responsibilities:
BusinessGrowth & Onboarding:
Lead onboarding new reinsurance deals and ensure seamless integration into the investment operational infrastructure; drive standardization and process improvements.
Manage onboarding of new assets and asset managers including uploading and configuring new assets in the system; reconciling opening positions and valuations to the prior insurance company's books of record, statutory filings, and custodian statements; and validating all key data elements-including but not limited to NAIC ratings and classifications, yields, coupons, maturities, durations, convexity, and other security attributes.
Conduct and coordinate operational due diligence on new managers, vehicles, and setups.
Develop deep relationships with external managers, custodians, and administrators; serve as a primary contact to proactively resolve operational issues.
Partner with deal teams and finance on integration planning for acquired companies and run-off blocks.
InvestmentLifecycle, Trade Support & Settlement:
Oversee end-to-end post-trade operations.
Analyze and affirm trade details; resolve issues related to trade activity, wire transfers, income collection, cash balances, corporate actions, and movement of securities with custodians and administrators.
Coordinate capital calls and distributions with fund administrators and cash management.
Own settlement workflows across custody and Clearwater Analytics; manage portfolio transfers on custody and Clearwater; ensure consistent security classification on Clearwater.
Support and help manage FHLB program activities (e.g. Track and maintain collateral movements and overall accounting for FHLB program); maintain accounts on Clearwater.
Coordinate hedging program operations with counterparties and Clearwater (settlements, valuation, margin/collateral transfers).
Identify process gaps and implement scalable solutions to support growth and reduce exceptions.
Data,Controls & Reporting:
Review, maintain, and enhance standard operating procedures across multiple functions.
Oversee control processes and drive operational excellence; proactively identify issues and implement improvements.
Lead the development of automated reports and dashboards for portfolio management and stakeholder reporting.
Manage issues with pricing, pricing sources, and pricing hierarchy; partner with investment accounting to ensure accurate valuation and classification.
Collaborate with internal audit on SOX compliance and internal controls testing; coordinate responses to external auditors; assist in evaluating SOC 1 reports for third-party administrators (managers, custodians, loan servicers, recordkeepers, etc.).
Cross-FunctionalCollaboration:
Bridge investment, legal, treasury, accounting, and external administrators to ensure smooth execution and reporting.
Address ad hoc requests related to investment data and activities.
Basic Qualifications:
Minimum 6 years of investment operations, middle office, fund accounting, and/or asset management operations experience, including settlement and treasury operations.
Experience using Clearwater Analytics for investment accounting, reporting, and portfolio data management required.
Strong working knowledge of fixed income investments and derivatives.
Practical knowledge of financial markets/instruments, investment terminology, and domestic/foreign settlement practices.
Excellent communication and organizational skills; ability to manage multiple priorities under tight deadlines and work collaboratively.
Strong analytical and critical thinking skills; sound judgment and a continuous improvement mindset.
Required Education /Certifications:
Bachelor'sdegree in Finance, Accounting, Economics, Business, or related field
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Basesalary/hourly rate range for this position in Connecticut is between $130,000and $150,000 Please note that specific compensation decisions are based upon avariety of job-related factors as permitted by law, including geographiclocation, credentials, skills, education, training, and experience.
Base salary is just one component of Wilton Re's total compensationpackage for employees. Additional compensation includes annualperformance-based bonus, 401K with employer contribution, and profit-sharingprogram. Employee may also be eligible for long-term incentives. All incentivesand benefits are subject to the applicable plan terms.
What We Offer:
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site to join
Wilton Restrives to attract, develop, and retain a diverse workforce. We are committedto providing an inclusive and accessible work environment where all associatesfeel valued, respected, and supported. Our commitment to inclusivity isreflected in the safeguards, policies, and commitments we have in place toremove barriers and provide equal opportunities to prospective and currentassociates, without discrimination. A Human Resources representative isavailable to consult with applicants who require accommodation in theapplication or recruitment process. Any information shared by the applicantabout an accommodation will be treated as confidential.
To All RecruitmentAgencies: Please do not send any resumes or solicitations regarding open positions toWilton Re employees unless you have been requested to work on this position orother positions with Wilton Re; please reach out to your main point of contact.Wilton Re is not responsible for any fees related to unsolicited resumes.