VP, Corporate Actuary

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:

In this highly visible position, you will oversee and participate in key initiatives across the Aspida platform. You will lead an actuarial team responsible for generating projections under various economic environments and regulatory frameworks to support asset adequacy analysis, business planning, ALM analysis, and internal management reporting. The role involves managing actuaries at various levels, delivering results, and presenting findings to stakeholders. This is a central position within a dynamic organization. This role is required to be onsite 3 days a week at our Durham, NC headquarters and reports to the Chief Actuary.

What You Will Do:

· Develop scalable infrastructure supporting the production and analysis of cashflow projections for the Aspida insurance companies.

· Provide strategic oversight and expert guidance to shape the direction of the actuarial projections team

· Develop methodologies used for actuarial projections. Work with various business stakeholders to ensure consistency in key areas.

· Present results and analysis to senior leadership and business stakeholders

· Collaborate with Risk and Ares Insurance Solutions to understand and manage the company’s ALM profile

· Ensure that projection models and processes are aligned with organizational changes, applicable accounting standards, and analytical requirements

· Help shape process design, controls, and governance, balancing agility with orderly processes and change management

· Manage, develop, and mentor staff of actuaries ranging from Pre-ASA to FSA. Support the team's professional growth and development.

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:

· Credentialed actuary with track record of prior success (FSA preferred)

· Experience managing and motivating a team

· Experience with annuity products and other spread based liabilities

· Knowledge of ALM principles and their implementation

· Ability to own and manage multiple projects concurrently in a fast-paced environment 

· Able to communicate complex concepts in a simple way

· Knowledge of actuarial guidelines and accounting standards

· Self-motivated with strong collaboration and communication skills

· Exposure to actuarial modeling systems (Moody’s AXIS preferred)