Wilton Re is an industry leader in the life (re)insurance space, specializing
in the acquisition of in force life insurance and annuities. We are experienced
industry specialists focused on the risk, capital and operational needs of our
clients’ businesses. We provide our clients with the services they need from in
force transactions and product development to underwriting and new business
strategies.
Wilton Re has the resources
and expertise to pursue and successfully manage the largest life and annuity
transactions in the market.
Manage inforce policies by analyzing reports, identifying trends and risks, refining procedures, overseeing service providers, and monitoring service agreements.
Plan and manage projects, including scope, timelines, deliverables, risks, and stakeholder communication.
What you need
Requires at least 2 years of experience in a fast-paced operational environment and a bachelor’s degree, preferably in finance, business administration, or computer science.
Life insurance experience, data, SDLC, ETL, and project planning software experience are preferred.
Operations
Associate - Norwalk
Full Time
Norwalk, CT
About the
Company:
Wilton Re is an industry leader in the life (re)insurance space, specializing
in the acquisition of in force life insurance and annuities. We are experienced
industry specialists focused on the risk, capital and operational needs of our
clients’ businesses. We provide our clients with the services they need from in
force transactions and product development to underwriting and new business
strategies.
Wilton Re has the resources
and expertise to pursue and successfully manage the largest life and annuity
transactions in the market.
Position Summary:
The Operations
Associate will apply analytical and project management skills
to the on-going management
of inforce policies. This position does not require
insurance industry experience, but a candidate must be comfortable in not only
structuring and managing projects, but also analyzing data
and facilitating solutions in different subject areas. A
candidate 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 management
of 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
Project
Management: general responsibilities applicable to all project-based
work (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
Basic
Qualifications:
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 in
the field of finance, business administration, or computer science
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base
salary/hourly rate range for this position in Connecticut is between $70,000
and $95,000 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.
Base salary is just one component of Wilton Re’s total compensation
package for employees. Additional compensation includes annual
performance-based bonus, 401K with employer contribution, and profit-sharing
program. Employee may also be eligible for long-term incentives. All incentives
and 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 Re
strives to attract, develop, and retain a diverse workforce. We are committed
to providing an inclusive and accessible work environment where all associates
feel valued, respected, and supported. Our commitment to inclusivity is
reflected in the safeguards, policies, and commitments we have in place to
remove barriers and provide equal opportunities to prospective and current
associates, without discrimination. A Human Resources representative is
available to consult with applicants who require accommodation in the
application or recruitment process. Any information shared by the applicant
about an accommodation will be treated as confidential.
To All Recruitment
Agencies: Please do not send any resumes or solicitations regarding open positions to
Wilton Re employees unless you have been requested to work on this position or
other 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.