Modeling Actuary – AXIS, Valuation & Governance

Aspida Oy; Durham (NC); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Relocation available

Full Benefits Package Available

Full-Time

Job summary

Aspida is seeking a Modeling Actuary to develop, maintain, and enhance AXIS-based projection models for our fixed and indexed annuities. The role requires deep technical expertise, collaboration across valuation, finance, risk, and IT, and a proactive approach to governance.

Onsite at our Durham office three days a week. You will drive model design, validation, and reporting, support capital management and consolidated reporting, and lead efforts to improve model efficiency and controls in line

Qualifications

• ASA designation (FSA preferred) with 5+ years actuarial experience.
• Knowledge of AXIS modeling software, including projection cells, model structures and assumption management.
• Understanding of US Statutory, GAAP (LDTI), and asset/liability projection frameworks.
• Familiarity with international structures or cross-border insurance reporting preferred.
• Advanced proficiency in Excel, SQL, and/or automation tools (R, Python, VBA).
• Strong analytical, problem-solving, and communication skills; able to explain technical results to non-actuarial audiences.

Responsibilities

• Contribute to design, development, and maintenance of AXIS models for fixed and indexed annuities; align with valuation, pricing, and ALM requirements.
• Support valuation and projection processes by managing model change cycles and regression testing.
• Collaborate with valuation, finance, risk management, and IT teams to ensure model integrity across reporting frameworks.
• Analyze model results and provide insights on earnings drivers, reserve movements, and sensitivities.
• Implement model governance standards, including documentation, version control, and peer review per Model Validation Policy and SOX.
• Partner with global actuarial and finance teams to support consolidated reporting and capital management.
• Identify and drive process improvements to enhance model efficiency and streamline reporting cycles.

Skills

Analytical thinking

Communication skills

Problem solving

Attention to detail

Education

ASA designation (FSA preferred)

Tools

AXIS modelling

Excel

SQL

Python

R

VBA

Job description

Aspida is seeking a Modeling Actuary to develop, maintain, and enhance AXIS-based projection models for our fixed and indexed annuities. The role requires deep technical expertise, collaboration across valuation, finance, risk, and IT, and a proactive approach to governance.

Onsite at our Durham office three days a week. You will drive model design, validation, and reporting, support capital management and consolidated reporting, and lead efforts to improve model efficiency and controls in line