Sr. Investment Operations Associate

Summary

Axonic Insurance, a NYC-based insurance business, is seeking a Sr. Investment Operations Associate to support the day-to-day operational activities of its growing investment platform. This role is responsible for executing critical investment operations processes, maintaining data integrity across multiple systems, supporting cash management and reconciliations, and helping scale operational infrastructure through process improvement and automation initiatives.

The ideal candidate brings experience from insurance, asset management, banking, or third-party administration environments and thrives in a fast-paced, highly collaborative setting. This individual will play a key role in ensuring operational excellence across investment portfolios while helping build scalable processes that support the continued growth of AXI's insurance and annuity platform.

Key Responsibilities

Trade Operations & Reconciliation

• Execute trade lifecycle activities including trade capture, confirmation, settlement, allocation, and exception management across a variety of asset classes.
• Perform daily, weekly, and monthly reconciliations between custodians, investment accounting platforms, and internal records, investigating and resolving discrepancies in a timely manner.
• Monitor and manage cash and securities movements, including funding, settlement, collateral, and margin activity.
• Support corporate actions processing, pricing validation, and operational controls.

Cash Management & Liquidity Support

• Prepare daily and weekly cash position reports and forecasts to support investment and liquidity management activities.
• Coordinate cash projections and movements with custodians, banks, and external investment managers.
• Assist in maintaining liquidity and funding requirements across investment portfolios.

Investment Manager & Vendor Coordination

• Serve as an operational point of contact for external investment managers, custodians, and service providers.
• Support onboarding and ongoing oversight of investment managers and vendors.
• Review cash activity, operational reporting, fee invoices, and other supporting information to ensure accuracy and completeness.

Data Management, Reporting & Analytics

• Maintain the integrity of investment data across investment accounting, order management, custodian, and reporting platforms.
• Produce recurring operational, liquidity, and investment reports for internal stakeholders.
• Support development and maintenance of dashboards, reporting tools, and analytics used by Investments, Finance, Risk, and Operations teams.
• Leverage automation, workflow technologies, and emerging tools to improve reporting efficiency and reduce manual processes.

Controls & Process Improvement

• Support internal audits, external audits, regulatory reviews, and documentation requests.
• Assist with operational control activities, including exception monitoring and issue resolution.
• Identify opportunities to improve processes, strengthen controls, and enhance operational scalability.
• Participate in system implementations, integrations, and operational enhancement initiatives.

Qualifications

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
• 3–5 years of experience in investment operations, fund accounting, middle-office operations, insurance operations, or third-party administration.
• Strong understanding of trade lifecycle management, reconciliations, cash management, and investment operations processes.
• Advanced Microsoft Excel skills.
• Experience working with custodians, banks, investment managers, or investment accounting platforms.
• Strong analytical, organizational, and problem-solving skills.
• Demonstrated ability to leverage technology, automation tools, or workflow solutions to improve operational efficiency.

Preferred Qualifications

• Experience with Clearwater Analytics, Bloomberg, or similar investment accounting and market data platforms.
• Experience supporting insurance investment portfolios or annuity businesses.
• Exposure to sub-advisor oversight, vendor management, or multi-custodian operating environments.
• Experience with Aladdin, SQL, Power BI, Looker, or similar reporting and analytics tools.
• Familiarity with AI-enabled, no-code, or low-code automation tools.
• Progress toward CFA, CAIA, or other relevant professional designation.