Manager, Investment Operations
About the role
The Manager, Investment Operations role at Wilton Re plays a critical role in supporting investment, portfolio management, treasury, and accounting activities. This individual will act as a key liaison between investment teams, operations, fund administrators, investment accounting, custodians, and external counterparties. The role requires strong analytical skills, operational rigor, and the ability to operate effectively in a fast-paced, transaction-driven environment.
Responsibilities
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; reconcile opening positions and valuations to the prior insurance company’s books of record, statutory filings, and custodian statements; and validate 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.
Investment Lifecycle, 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-Functional Collaboration: Bridge investment, legal, treasury, accounting, and external administrators to ensure smooth execution and reporting. Address ad hoc requests related to investment data and activities.
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.
Requirements
Bachelor’s degree in Finance, Accounting, Economics, Business, or related field.
Pay & Location
Base salary/hourly rate range for this position in Connecticut is between $130,000 and $150,000. Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.