What are the responsibilities and job description for the Risk Analyst position at Aspida Financial Services LLC?
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:
As a Risk Analyst, you will play a key role in supporting the Enterprise Risk Management team in assessing, documenting, and reporting risks at an enterprise level within Aspida. This position is ideal for a detail-oriented individual with a strong foundation in risk analysis, and an interest in documentation and reporting. Experience in the insurance industry is a plus. This role will report to the Hedging Lead and is required to be onsite 3 days a week at our Durham, NC headquarters.
What You Will Do:
- Help build, enhance and manage the ERM reporting framework, working with the risk team in several locations.
- Assist in the execution of enterprise-wide processes, including coordinating agendas and PowerPoint decks for quarterly management risk meetings, decks for BoD risk committees, and annual updates to ERM related policies.
- Assist in the preparation of communications to internal and external stakeholders, including quarterly risk articles, updates on enterprise risk assessment findings, and annual risk reports including the CISSA and ORSA.
- Work closely across different functions to facilitate seamless ERM processes including risk assessments, KPI reporting, incident reporting and dashboard updates.
- Active involvement in assessing key risks across the organization including communicating to senior management on company risks.
- Own the quarterly reporting processes and updates related to the Risk Module of AuditBoard and prepare trend reporting across the business.
- Insurance Industry Expertise: Leverage any prior insurance industry experience to bring insights into industry-specific risk factors and trends.
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:
- Strong proficiency in MS Excel, Word and PowerPoint.
- At least 2 years of relevant experience
- Detail-oriented self-starter with excellent organizational and documentation skills.
- Analytical mindset and problem-solving skills.
- Clear and concise verbal and written communication skills.
- Ability to work effectively in a team-oriented environment.
- Familiarity with insurance and Enterprise Risk Management frameworks and principles is preferred.
- Experience with data analytics, statistical tools, and programming (e.g., Python, R, SQL) is preferred.