Middle Office Manager

il y a 4 semaines


RegionofLuxembourg, Luxembourg Michael Page Luxembourg Temps plein
About Our Client

Our client is a well-established European Life Insurance Company based in Luxembourg.

Job Description

As the Middle Office Manager, you will closely collaborate with the Head of Middle Office. Your role involves overseeing various service activities such as Order Execution, Reconciliation, Position Keeping, Valuation, and Reporting. Additionally, you will be responsible for ensuring effective coordination among all departments within the insurance company.

Your main responsibilities will include:

  • Assist the Head of Middle Office in team management and training (10 people)
  • Participate in project management and process enhancement initiatives
  • Manage Net Asset Values (NAV) positions, portfolios, and asset characteristics
  • Supervise Middle Office activities from NAV calculation to reconciliations and financial order tracking
  • Enhance quality control measures and promote a culture of quality within the team
  • Assess procedures and provide recommendations for operational process improvement
  • Oversee regulatory reporting to authorities

The Successful Applicant
  • University degree in accounting, finance, or related field
  • Minimum 8 years of experience in Middle Office/Operations within the Insurance Sector
  • Solid understanding of NAV calculation and financial products
  • Prior experience in team management
  • Fluency in French and English

What's on Offer

This role offers a key position within the Middle Office of a stable Life Insurance Company.


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