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Associate Actuary, Projections

Aspida Financial Services LLC
Durham, NC Full Time
POSTED ON 1/9/2025
AVAILABLE BEFORE 3/21/2025

Job Description

Job Description

Description :

Company Description :

Aspida Holdings Ltd., through its subsidiaries (collectively “Aspida”), is focused on providing retirement and reinsurance solutions, having operations in the U.S. and Bermuda with total assets of $16.6 billion as of June 30, 2024. Aspida, through its U.S. platform – Aspida Life Insurance Company – is focused on leveraging technology and agility to help clients achieve – and protect – their dreams. Its Bermuda-based reinsurance platform, Aspida Life Re, is focused on providing efficient and secure life and annuity reinsurance solutions. Aspida seeks to be a trusted partner in its clients’ financial security while driving its growth by doing good for the communities it serves. Aspida is backed by Ares Management Corporation, which, through the Ares Insurance Solutions team, provides dedicated investment management, capital solutions and corporate development support. For more information, please visit aspida.com or follow them on LinkedIn, Facebook.

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 is dedicated to supporting the projections function for Aspida Financial, based in Durham, NC. This position will play a key role in our growth strategy through active participation in the projection processes for retail and reinsurance businesses. This role reports to the AVP, Corporate Actuary, and is required to be onsite 3 days a week at our Durham, NC office.

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 :

  • Associate of the Society of Actuaries
  • Minimum of 3 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, especially in 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.
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