Lead Investment Operations Analyst

4 weeks ago

Worcester, United States The Hanover Insurance Group Full time

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey.

Our Opus team is seeking a Lead Investment Operations Analyst to join our growing team in our Worcester, MA Corporate Headquarters in a hybrid/flex work arrangement.

POSITION OVERVIEW:

The Lead Operations Analyst supports the accounting and reporting for investment clients. The individual will also support other operational and technology initiatives of Opus Investment Management, Inc. (Opus). Opus is a registered SEC advisor with over $11 billion of assets under management, and is a wholly owned subsidiary of the Hanover Insurance Group, Inc. (The Hanover).

This is a full time, exempt position.

IN THIS ROLE, YOU WILL: Independently prepare and analyze complex financial statements and footnotes, under Statutory and GAAP requirements. Ensure the accurate and timely completion of monthly, quarterly, and annual accounting by effectively planning, monitoring, and problem solving. Support investment reporting and analysis for internal and external clients using a variety of technology including Clearwater, Factset and Bloomberg, as necessary. Continue to expand accounting expertise by attending webinars, conferences and independently following draft and final guidance changes. Collaborate with the Hanover’s Investment Accounting team. Work closely with third-party service providers, ensuring processing is accurate and timely. Provide client-facing support to internal and external stakeholders with varied requirements, as well as routine reporting and ad-hoc analysis as requested. Own client cash process for assigned accounts, and work with custody operations, portfolio managers and clients as needed. Make well-informed decisions within areas of responsibility considering impacts to operations, compliance, performance, technology, etc. Support RFPs and other business development requests Drive enhanced client experience through leveraging current and future technologies. Identify and implement process efficiencies within operational investment processes as part of daily work. Be a thought partner in seeking solutions to operational complexities. Work effectively on multiple assignments simultaneously across several departments, many with short turnaround times. May assist supervisor or other team members with audit and compliance processes. Communicate answers to internal, external auditors, and compliance teams with accuracy and clarity.

WHAT YOU NEED TO APPLY: 5-7 years of experience in a related field or area of specialization. Bachelor’s Degree or equivalent required. Advanced degree or certification preferred. Experience in insurance GAAP and Statutory accounting and reporting is required. Strong Microsoft Suite skills, including Power BI. Experience with Bloomberg and Clearwater Analytics is preferred.

CAREER DEVELOPMENT:

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include: Medical, dental, vision, life, and disability insurance 401K with a company match Tuition reimbursement PTO Company paid holidays Flexible work arrangements Cultural Awareness Day in support of IDE On-site medical/wellness center (Worcester only) Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here .

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here .

Apply Now #J-18808-Ljbffr

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