Operations Associate

We are searching for an experienced Operations Associate at our Connecticut office.

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.