Investment Leader

Aspida; Durham (NC); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Long-Term Incentive Plan

Full Benefits Package Available

Full-Time

Job summary

Aspida Financial Services, LLC is seeking an Investment Leader to manage its US direct annuity portfolio and offshore reinsurance assets. The role develops and implements investment policies, oversees performance, and partners with leadership and the board to safeguard long-term stability, while optimizing returns.

The position requires 8+ years in insurance asset management with credit investing, strong analytical skills, and expertise in Excel and Bloomberg.

Qualifications

• 8+ years of experience in insurance asset management with a credit investing background.
• Experience with private asset origination and alternative asset strategies.
• Knowledge of capital rules (RBC, BSCR, rating agency).
• Understanding of insurance investment accounting processes/procedures including GAAP/STAT.

Responsibilities

• Build and maintain relationships with senior leadership and external managers to support active portfolio management.
• Monitor and analyze portfolios to understand positioning and optimize returns.
• Review investment decisions, performance, and fees with internal and external partners.
• Develop and refine cedent investment guidelines in alignment with regulatory requirements.
• Monitor liquidity across portfolios and manage risk exposure.
• Collaborate across company functions to provide investment data and insights.
• Support regulatory filings and management reporting.

Skills

Communication

Analytical

Excel

Bloomberg knowledge

GAAP/STAT knowledge

Education

CFA designation or equivalent

Tools

Bloomberg

Clearwater

Job 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

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

The Investment Leader will play a critical leadership role in managing the investment portfolio of Aspida: both its US direct annuity insurance company and its offshore annuity reinsurance companies. This individual will develop and implement strategic investment policies, oversee portfolio performance, and ensure alignment with the company’s risk tolerance, governance and regulatory requirements. The Investment Leader will work closely with senior leadership and the board to optimize returns while safeguarding the long-term financial stability of the organization. The Investment Leader will also support all aspects of day-to-day portfolio management for our Cedents. The role will interact with AIS, Aspida, and Aspida Re in reviewing and analyzing asset allocation and risk across the portfolios. This role is required to be onsite 3 days a week at our Durham, NC headquarters.

What You Will Do

• Build strong relationships with Aspida/Aspida Re/AIS senior leadership, Ares portfolio managers and other third-party managers to help facilitate active portfolio management and oversight.
• Monitor and analyze investment portfolios to develop an understanding of positioning and how the team can enhance portfolios to support the objectives of Aspida/Aspida Re.
• Provide credible check and balance to Ares/3rd Party decision, performance & fees.
• Review and sign off on proposed Alternative Equity Investments (Alts) purchases
• Co-Develop the company and individual cedent investment guidelines (IG) with Ares Insurance Solutions’ (AIS) in alignment with corporate objectives and treaty requirements and follow regulatory guidelines.
• Monitor the liquidity of investment portfolios across cedents
• Regularly monitor a significant number of selected investment managers to assess performance, risk and return, and investment strategy.
• Track actual vs expected cash deployment by manager and strategy to include relevant analytics (spread, yield, rating, duration) for reporting.
• Assess asset valuations and ratings, considering market conditions and specific asset features.
• Evaluate appropriateness of complex investment strategies, communicate findings and discuss alternative solutions with the broader team.
• Work across company functional areas to provide investment data when required.
• Research new portfolio managers and review existing.
• Support regulatory filings, management and business partners reports.
• Complete ad hoc and special projects assigned on a timely basis.

What We Provide

• Salaried, DOE
• Long-Term Incentive Plan
• 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:

• A qualification from a recognized institution or professional body e.g CFA,
• 8+ years of experience in insurance asset management with a credit investing background.
• Experience working with private asset origination and alternative asset strategies.
• Knowledge of capital rules (RBC, BSCR, rating agency) helpful in driving allocation decisions.
• Understanding of insurance investment accounting processes/procedures including GAAP/STAT.
• Self-starter with confidence, patience, maturity and a strategic lens to proactively partner with AIS.
• Excellent interpersonal and communication skills, both written and verbal.
• Accuracy and attention to detail is essential with strong analytical acumen.
• Ability to work well in a lean team environment, often under pressure.
• Excellent work ethic, intellectual curiosity, good judgment, and positive attitude.
• Strong technical skills, including superior Excel and Bloomberg knowledge and working knowledge of Clearwater would be helpful.