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Insurance Investment Operations Manager

Insurance Investment Operations Manager job! Our Client designs, distributes, issues, administers, and services annuity and related product solutions for individual consumers and institutions worldwide. Our Client is paving the way for industry-leading proprietary technology and system designs, along with third-party platform support for other institutions.

The Insurance Investment Operations Manager job's competitive base salary is Negotiable DOE + Bonus and comprehensive benefits including exam sponsorship for CPA/CFA. This Insurance Investment Operations Manager job is located in New York City, NY. Apply now for this excellent Insurance Investment Operations Manager job by following the instructions at the end of this Job description!

Job Summary

Our Client is seeking an Insurance Investment Operations Manager to own day-to-day investment operations, subadvisor operational oversight and cross-functional project management. This job sits at the center of our Client's investment ecosystem: linking front-office execution, middle-office control, and back-office reporting for an insurance balance sheet. Initial build out and reporting oversight is also expected.

The Insurance Investment Operations Manager will report to the Head of Investments (with a dotted line to Controller).

Tools You May Use: Clearwater (or similar), Bloomberg/ICE/Pricing vendors, major custodian portals, Aladdin/Charles River (or similar OMS), Snowflake/SQL, Power BI/Tableau, Jira/Confluence.

Key Responsibilities

• Investment Operations

  • Oversee trade capture, affirmation/confirmation, and settlement across fixed income, equities, funds, private placements, and derivatives.
  • Ensure the team accurately and promptly completes daily cash position and P&L reconciliations among sub-advisors, custodians, accounting systems, and the data warehouse.
  • Manage cash and securities movements as directed, while also running daily and weekly cash forecasting.
  • Coordinate collateral and margin calls to maintain strong liquidity management.
  • Monitor investment guidelines and exposure limits; quickly escalate any breaches and track remediation through completion.
  • Own corporate actions, pricing validations/overrides, and strengthen end-of-day close controls.
  • Support RBC, ALM, and liquidity reporting by providing accurate, timely position and valuation data.

• Sub-Advisor Oversight

  • Serve as the primary operational and accounting interface with external managers, ensuring strong partnership and clear communication.
  • Review performance, attribution, mandate compliance, cash activity, and fee invoices to confirm alignment with expectations.
  • Validate external manager fee calculations and ensure accurate, timely payment.
  • Lead periodic operational due diligence, including DDQs, SOC 1/Type II reviews, and operational risk assessments.
  • Drive onboarding and offboarding processes, while coordinating guideline updates and operational transitions.

• Data Integration & Analytics

  • Own end-to-end investment data flows across third-party accounting and investment platforms (Clearwater, Aladdin), custodians, enterprise data warehouses, and manager reporting systems.
  • Partner with technology teams to enhance data models and deliver dashboards that highlight exposure, liquidity, and performance.
  • Automate recurring reports to improve consistency, reduce manual effort, and strengthen data integrity.

• Project Management

  • Lead system implementations and upgrades OMS, investment accounting, performance measurement, and data warehouse ensuring seamless execution.
  • Map and optimize critical processes including close, reconciliation, pricing, and guideline monitoring, with a focus on improving control efficiency and scalability.

Qualifications

• Required

  • 6 to 10 years of investment operations or investment accounting experience within insurance and/or asset management.
  • Strong working knowledge of fixed income and derivatives.
  • Advanced Excel expertise; programming experience (SQL and/or Power BI/Tableau/Looker) is a strong plus.
  • Demonstrated ability to run cross-functional projects and strengthen operational controls.

• Preferred

  • CPA, CFA, or FRM designation or active progress toward one.
  • STAT and GAAP accounting experience for invested assets.
  • Familiarity with RBC, ALM concepts, liquidity stress testing, and performance measurement.
  • Prior experience overseeing sub-advisors, including operational reviews and oversight routines.

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