Investments
New York, NY
Support the monthly financial servicing operations for a large portfolio of casualty insurance-linked securities (ILS) programs. Ingest and reconcile bordereaux data, perform settlement calculations, process transactions, and prepare financial reports and investor updates across multiple securitized funds. Analyze portfolio data, financial calculations, and contractual terms related to casualty insurance-linked securities (ILS) to support accurate settlement processes and identify operational discrepancies. Design, build, and maintain custom reporting frameworks using internal relational databases and Excel to support post-transaction servicing. Monitor performance of casualty ILS programs—including non-standard auto, commercial auto, general liability, and workers’ compensation—while streamlining collateral tracking and enhancing transparency for both existing and prospective investors. Reconcile bordereaux data, trust account transactions, and remittance activity to ensure compliance with contractual provisions and accounting standards. Investigate and resolve discrepancies related to claims withdrawals, premium flows, and collateral balances. Navigate processes within the context of casualty ILS transactions, including both callable and non-callable structures. Develop and implement automated reporting and reconciliation tools using Python, SQL, and Excel to improve efficiency and accuracy in bordereaux data processing, trust account data aggregations, and collateral investment monitoring. Support external stakeholders—including cedants, brokers, insurance manager custodians, auditors, and third-party administrators—to coordinate settlement, capital call/release, financials reporting, portfolio monitoring, and auditing. Collaborate with technical staff and product teams to enhance applications, ensuring the needs of reinsurers and casualty ILS investors are met; Provide input on underlying calculations and user feedback and assist with user testing to support continuous improvement. 100% remote; must reside in U.S.; reports to HQ in New York, NY. Salary: $115,000 - $155,000 per year.
MINIMUM REQUIREMENTS: Master’s degree or U.S. equivalent in Statistics, Economics, Applied Analytics, or a related field, plus 3 years of professional experience as Investment Analyst, Financial Analyst, or any occupation/position/job title performing financial analysis in an Insurance-Linked Securities (ILS) environment.
Must also have experience in the following: 3 years of professional experience programming utilizing Python, R and SQL to develop bordereaux reconciliation tools and automation to streamline financial reporting processes; 3 years of professional experience engaging directly with reinsurance cedants and institutional investors to coordinate trust collateral balance adjustments and remittance payments, and claims withdrawals with custodian and offshore banks; 3 years of professional experience utilizing Microsoft Excel to build templates and calculations related to reinsurance settlement and financial reporting; 1 year of professional experience performing financial operations supporting Cayman-based Class B (iii) reinsurance entities that conduct casualty Insurance-Linked Securities transactions, including the following business lines: commercial auto and workers compensation and general liability; and 1 year of professional experience utilizing Databricks and APIs to leverage internal data for tool development.