Investments Technical Administrator

Location: Douglas, Isle of Man

Closing date for applications: 23rd May 2024

The opportunity:  
An opportunity is available in Investment Services, IS Technical Team. The main dimensions of the role is to ensure that any Cash or Unit reconciliation breaks are investigated, Reconcile all rebate proceeds and fees invoiced to us, raise payment instructions for annual licences, as well as other ad-hoc tasks. Supporting various business change and development activities is also expected with growing experience.

Key responsibilities of the team:

Details below highlight the main functions undertaken across the whole of the IS Tech Team, whilst knowledge of all activities will be expected over time being accountable for all such activities at any one time is unlikely.

• Oversight and Governance of 3rd party relationships.  Ensuring all associated documentation is regularly reviewed and up to date in accordance with agreements. Also attending regular calls to meet with mandated requirements.
• Management of all IS cost centre prepayments and accruals, as well as raising payments for IS related licences.
• Monitor and reconcile monthly and quarterly Fund Rebate payments coming in and Fee payments going out.
• Monitor and investigate any Cash or Unit reconciliation breaks as reported by the reconciliation team, this may include resolution in the form of creating journals or contacting Fund managers.
• Production of Monthly and Quarterly reporting, providing secondary controls for IS.

Key responsibilities of the role:

• To work closely with the Dealing and Pricing team, investigating cash rec breaks and Unit rec breaks raised by reconciliation team. This may involve raising journals, contacting Fund managers, working closely with our accounts team.
• Reconciling the Rebate payments coming through back to our internal systems.
• Reconciling fees that get invoiced to us back to our internal systems.
• Raising payments for monthy/quarterly annual licences.
• Assisting with cover for Monthly reporting processes for the financials.
• To support other functions within the team

Your skills and experience:

• Investment administration experience
• Microsoft Excel knowledge
• Work to tight deadlines, be adaptive, reduce ambiguity and clearly document and develop sustainable, efficient processes.
• Good verbal and written communications skills.

Who are we?
We are Zurich International Life!  
 
We support our fellow business units who provide life and savings products to markets around the world.  Based out of the Isle of Man since 1982, Zurich has built a strong reputation as a reliable, dependable yet innovative insurer and regularly receives recognition and awards from the industry.   We believe in having a diverse mix of employees that reflects our customers and the communities in which we live and work.  Our diversity and inclusion initiatives are shaping an environment where everyone feels welcome.  We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities.  Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community actively through the Zurich Community Trust. 
 
This role is based in our state-of-the-art Isle of Man office alongside a further 360 employees at this location.
 
Please take a look at the video for an insight into Zurich: 
 
https://players.brightcove.net/5768412917001/default_default/index.html?videoId=6318953386112
 
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.