These lilies are quite hardy, but compost in pots can get quite waterlogged and cause bulbs to rot. I prefer moving the pot to a sheltered position, such as an unheated greenhouse or frame. The compost can be allowed to dry out completely.
Water again in about March to start the bulb back into growth, and it will develop and flower again next summer. Provided you feed teh pot I wouldn't bother repotting into fresh compost next year, but you can if you prefer (repot in March, then water).