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Operations Associate
We are searching for an experienced Operations Associate at our Connecticut office.
OperationsAssociate - Norwalk
Full Time
Norwalk, CT
About theCompany:
Wilton Re is an industry leader in the life (re)insurance space, specializingin the acquisition of in force life insurance and annuities. We are experiencedindustry specialists focused on the risk, capital and operational needs of ourclients' businesses. We provide our clients with the services they need from inforce transactions and product development to underwriting and new businessstrategies.
Wilton Re has the resourcesand expertise to pursue and successfully manage the largest life and annuitytransactions in the market.
Position Summary:
The OperationsAssociate will apply analytical and project management skillsto the on-going managementof inforce policies. This position does not requireinsurance industry experience, but a candidate must be comfortable in not onlystructuring and managing projects, but also analyzing dataand facilitating solutions in different subject areas. Acandidate can expect to grow knowledge in the following:
Life, Annuity, and Long Term Care (LTC) products
All aspects of insurance operations such as policy owner services, claims, actuarial, regulatory reporting and compliance, accounting, and financial reporting
Role Responsibilities:
In Force Management: applicable to on-going managementof insurance policies (70%)
Determine frequency and content of financial and non-financial reports, analyze results, identify key trends, and troubleshoot problem areas/mitigate risk
Collaborate with partners to establish or refine policies and procedures that define the necessary aspects of administration
Contribute to internal and external reporting and presentations (e.g. Board reporting)
Assist in the general oversight of third parties that provide operational services
Assist in monitoring Service Level Agreements and other operational aspects for in force management activities
ProjectManagement: general responsibilities applicable to all project-basedwork (30%)
Break-down high-level scope into the applicable work items across multiple disciplines and organizations
Define project scope, goals, and approach in collaboration with key contributors
Establish project plans including milestones, timelines, dependencies, and deliverables
Manage the entire project lifecycle through tracking, analyzing, and mitigating risks and issues
Communicate and manage project expectations to owners, sponsors, team members, and other stakeholders in a clear and concise fashion
BasicQualifications:
Minimum of 2 years of working experience in a fast-paced operational environment, demonstrating strong organizational, analytical, and problem-solving skills.
High proficiency in MS Office, particularly Excel
Excellent verbal and written communication, facilitation, and presentation skills
Exceptional ability to simultaneously track, prioritize, and organize multiple projects and tasks
Experience in life insurance preferred
Ability to query and manipulate large sets of data from disparate sources preferred
Understanding of basic aspects and tenets of Software Development Life Cycle (SDLC) preferred
Experience with Extract Translate Load (ETL) projects such as data conversion and data integration preferred
Experience with project planning software preferred
Required Education /Certifications:
Bachelor's degree preferably inthe field of finance, business administration, or computer science
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Basesalary/hourly rate range for this position in Connecticut is between $70,000and $95,000 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.
WhatWe 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.