Senior Manager – Investment Operations

Job Description SummaryWhether you want to work at one of our facilities as the site leader's right hand helping to make business decisions or at headquarters on a larger finance team, we have an opportunity for you. You’ll get to work with budgets of various sizes and complexities, while collaborating with others. Our finance and accounting teams span the globe, providing unmatched learning, development, and career growth opportunities.
The Senior Manager – Investment Operations is a key role within the ERAC’s Investment Operations & Treasury organization and reports to the ERAC Head of Treasury. The role is responsible for providing strategic and operational leadership of company cash/liquidity, short-term investments, and reinsurance trust oversight. This role will engage with key business leaders including CIO, CFO and Head of Investment Operations and partner with key internal/external stakeholders to support investment operations as well as drive key strategic initiatives.
Employers Reassurance Corporation (ERAC) is a reinsurance business unit and a corporate holding for GE Aerospace primarily focused on long-term care and life insurance. The ERAC Investment Ops & Treasury organization supports the investment management lifecycle for the ~$50B asset portfolio including but not limited to asset strategy implementation, cash/liquidity management, trust management, long range investment forecasting and asset reconciliations.Job Description

Roles and Responsibilities

• Lead cash/liquidity management by monitoring daily cash balances, developing/maintaining cash forecasts, directing funding strategies and overseeing short-term cash investments. Lead initiatives to automate and streamline cash management processes
• Oversee reinsurance trust portfolios (~$30B) and ensure fulfilment of trust obligations. Manage, instruct, and support asset-related operational activities for trusts (incl. asset movements, settlements, documentation etc.). Lead asset transition activities across investment portfolios and reinsurance trust structures. Ensure compliance with internal guidelines and external/regulatory requirements; escalate issues as needed
• Assist and oversee asset reconciliations across custodians, investment managers and investment data/risk analytics platforms
• Manage credit facilities and make recommendations based on cash forecast, cost assessment and use of funds. Advise on timing/duration of facility usage
• Assist in managing investment expenses and related processes including forecasting, tracking and accruals
• Implement/manage real-time reporting and dashboards across workstreams to provide accurate and actionable information for decision-making, enable compliance with risk parameters and ensure internal and external reporting
• Collaborate with key internal (incl. broader Investments team, Accounting, Finance & Risk) and external (incl. bank custodians, investment managers, ceding insurance companies) stakeholders to drive optimal processes as well as lead transformation and simplification initiatives

Required Qualifications

• Bachelor’s degree in finance, economics, accounting, mathematics or related field
• 5+ years of relevant experience; 2+ years of experience in financial services/investment operations focused roles preferred
• Experience in the insurance industry, asset management, investment analytics, financial systems a plus
• Familiarity with investment management systems such as Blackrock Aladdin, Clearwater Analytics etc.
• Advanced technical skills, including proficiency working with large data sets and using Microsoft Office Suite

Desired Characteristics

• Advanced degree (Master’s) and/or CFA preferred
• Strong organizational and presentation skills.
• Ability to lead large scale initiatives and projects with multiple executive stakeholders
• Highly collaborative person, comfortable with conflict and debate normally associated with change