Assistant Vice President of Operations

4 weeks ago

Norwalk, Connecticut, United States Wilton Re Full time
Job Title: Assistant Vice President of Operations

About the Company:

Wilton Re is a leading industry player in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. Our team of experienced industry specialists focuses 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.

Position Summary:

Wilton Re Services, Inc. is seeking an Assistant Vice President of Operations to apply analytical and project management skills to both acquisition integration programs and ongoing management of in force policies. This position requires insurance industry experience, including product knowledge and understanding of accounting and statutory reporting concepts. The ideal candidate will have experience in structuring and managing high-touch projects, as well as facilitating solutions in different subject areas.

Key Responsibilities:

- Assist in due diligence activities, including tracking operational requests and responses, conducting expense analyses, and documenting risk assessments and operational considerations.
- Structure and manage transition plans across various functional areas and phases of integration, from pre-closing to post-transition.
- Coordinate activities across Wilton Re functional areas and external parties, including clients, to establish operational effectiveness both pre- and post-change in administration.
- Conduct general oversight of third-party providers that provide data conversion, target system modification, and business process conversion planning and execution.
- Assist in compiling analysis and recommendations to resolve issues or mitigate risks across various matters during the transition and conversion period.
- Conduct oversight in the post-conversion phase, where special monitoring or projects apply upon conversion of administration.

Requirements:

- Minimum 5 years of experience in the life and annuity insurance industry, with a focus on business operations and project leadership, as well as risk analysis and solutioning.
- Self-starter with critical and analytical thinking skills.
- Excellent oral, written, and presentation communication skills.
- Superior influencing and relationship management skills.
- Extremely organized, detail-oriented, and capable of self-managing and multi-tasking with excellent time management.
- Relevant experience working with various support functions, such as finance, controls, information technology, and third-party management.
- Understanding of Assumed and Ceded insurance concepts, processes, and data.
- Solid understanding of MS Office, including Excel, Word, and PowerPoint.

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.

Equal Employment Opportunity:

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.

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