COLI organization needs a Product Management Senior Advisor to manage custody accounts, support pricing and trading infrastructure, and lead product development initiatives for variable insurance clients.
Requirements
- Custody account management and investment operations experience.
- Project management experience in matrix partner environment required.
- Experience drafting system specifications inclusive of examples with complex life insurance calculations.
- Expert in windows-based computer software applications (MS Office products).
- Support internal investment management infrastructure and/or vendor changes related to COLI.
- Ensure all modifications continue to maintain the cohesive structure across custody, fund accounting, reporting and data feeds for accurate client and securities valuation.
- Support nightly NAV and AUV pricing.
Responsibilities
- Responsible for overall custody account management and partnering with COLI’s external custodian across their internal teams to support the pricing and trading infrastructure needs and all investment related changes for COLI’s variable insurance clients.
- Lead product development initiatives with technology vendor and internal process development and documentation.
- Responsible for leading or supporting identified projects within COLI working with internal and external business partners.
- Work with custodian to facilitate client transactions and investment platform updates including: reallocations, fund liquidations, new fund offerings, account openings, market entries, etc. and resolve any account/transaction issues identified within custody and administration platforms.
- Support testing of infrastructure upgrades impacting COLI’s pricing and trading model, provide feedback and coordinate the implementation of changes to the platform if there is impact to the users in COLI.
- Responsible for leading or supporting identified projects within COLI, working with internal and external business partners.
- Serves as a technical, procedural, or workflow resource on existing and new COLI/BOLI product initiatives.
Other
- This is a HYBRID position that requires on-site presence at times in our Bloomfield, CT location.
- Only local applicants will be considered.
- Bachelor's degree required; MBA/CPA preferred.
- 8+ years of business experience in financial services industry or 6+ years of business experience in COLI.
- General knowledge of life insurance products; knowledge of COLI/BOLI products preferred.
