Corporate Actuary

Aspida; Durham (NC); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Full Benefits Package

Job summary

Aspida is seeking a Corporate Actuary to join their team in Durham, NC. The successful candidate will contribute to financial projections and analytics while collaborating with multiple departments. A Fellowship of the Society of Actuaries and a minimum of 5 years of experience in the actuarial field are required for this full-time position.

Qualifications

• 5+ years of actuarial experience required.
• Knowledge of US GAAP and Bermuda EBS frameworks.
• Experience with actuarial modeling systems necessary.

Responsibilities

• Develop financial projections for business operations.
• Analyze sources of earnings and explain results.
• Support financial planning through quarterly forecasts.

Skills

Strong communication

Technical skills

Analytical skills

Education

Fellow of the Society of Actuaries

Tools

GGY Axis

R

Python

Job description

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Company Description:

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit www.aspida.com or follow them on

Job Type

Full-time

Description

Company Description:

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit www.aspida.com or follow them on LinkedIn.

Who We Are

Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.

What We Are Looking For

This actuarial role supports the broader corporate actuarial function and plays a critical part in advancing our growth strategy. The position will be actively involved in key projection processes across both our retail and reinsurance businesses, providing strategic insights and analytical support to drive informed decision-making. This role reports to the AVP, Corporate Actuary and is required to be onsite 3 days a week at our Durham, NC headquarters.

What You Will Do

• Responsible for supporting development of financial projections used throughout the business
• Analyze sources of earnings analysis and explain drivers of results.
• Support enterprise financial planning by assisting quarterly forecasts.
• Assist in the enhancement of existing processes and analytics with a focus on controls and consistency.
• Collaborate with our business partners in operations, pricing, and finance to ensure accurate and timely reporting.
• Support ad hoc projects and processes for new products and acquisitions.
• Stays informed regarding industry trends and information as well as the regulatory landscape both domestically and internationally.
• Partners with actuarial resources across the organization to work on special projects as needed.
  
  

What We Provide

• Salaried, DOE
• Full-Time
• Full Benefits Package Available
  
  

What We Believe

Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.

Requirements

What We Require:

• Fellow of the Society of Actuaries
• Minimum of 5 years of actuarial experience.
• Knowledge of reserving and accounting frameworks including US Statutory, US GAAP, and Bermuda EBS
• Strong communication -- verbal, written, interpersonal and presentation – skills.
• Results oriented, ability to meet and exceed objectives.
• Highly motivated, conceptual thinker who is able to work independently or in a team over a wide variety of assignments.
• Strong technical and analytical skills, comfortable working with large data sets.
• Experience with GGY Axis or other actuarial modeling systems.
• Experience with R, Python, or a similar statistical software or programming languages.
• Collaborative and team-oriented style.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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