Valuation Actuary Leader

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:

We are seeking a highly skilled and experienced Actuarial Valuation Leader to join our team. The Actuarial Valuation Leader will play a pivotal role in ensuring the accuracy and integrity of our group wide annuity valuation processes, providing valuable insights to support strategic business initiatives and regulatory compliance. This role will lead production valuation processes to support the financial reporting process for all the entities in the group. This role reports to the Aspida Life Insurance Company Chief Actuary and is required to be onsite 3 days a week at our Durham, NC headquarters.

What You Will Do:

· Lead and develop the actuarial valuation team consisting of 2 ASAs and one actuarial student

· Serve as Appointed Actuary for $8B Aspida Life Insurance Company

· Ensure timely, accurate, and compliant valuations of annuity liabilities for relevant accounting and regulatory frameworks including: US Stat, Bermuda EBS, US GAAP. 

· Support New Products and Business Changes: Collaborate with diverse teams to innovate and refine our actuarial models, directly influencing the methodologies that define our liability calculations across multiple jurisdictions.

· Communicate and explain financial results to Sr. Business leaders. Develop analytical tools and reports to provide leadership insight into key performance metrics. 

What We Provide:

· Salaried, DOE

· Full-Time

· Full Benefits Package Available

What We Believe:

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 Society of Actuaries 

· 10 years’ experience in actuarial roles within life insurance industry

· Technical proficiency in actuarial software (AXIS preferred) and familiarity with data programming languages used in data analysis (e.g., R / Python).

· Understanding of actuarial principles, annuity products, US Stat, US GAAP, and Bermuda EBS

· Knowledge of reinsurance administration processes and principles.

· Excellent analytical skills with a keen attention to detail and the ability to translate complex actuarial concepts into clear, actionable insights.