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Aspida · 1 month ago

Associate Actuary, ERM

Durham, NC

Full-time

Hybrid

Senior Level

5+ years exp

Aspida is a tech-driven insurance carrier focused on providing secure retirement solutions and annuity products. The Associate Actuary, ERM will support the Enterprise Risk Management function by developing risk management frameworks, analyzing financial projections, and collaborating with various teams to enhance risk reporting and decision-making processes.

FinanceFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Continued development and implementation of an industry-leading risk management framework. Coordinating with Aspida Life, Aspida Re, AIS and Aspida Group executives and stakeholders

Support the analysis and summarization of financial projections used across the business

Analyze stress testing results on financial outcomes and clearly explain the key drivers behind those results

Evaluate the impact of deterministic and stochastic scenarios on Aspides’ financial performance

Monitor Aspida’s Key Risk and Performance Indicators including liquidity risk and collateral management metrics

Enhance risk appetite framework, stress testing methodology, and risk management reporting to provide deeper insights into the business and ensure compliance. This includes developing and refining CTE or VaR metrics

Collaborate with actuaries, finance, asset managers, the M&A team, and other first line functions to build and enhance risk reporting around key strategic initiatives and support decision making

Prepare and enhance and Aspida’s Own Risk Solvency Analysis (ORSA)

Stays current on industry trends and regulatory developments both domestically and internationally

Qualification

Actuarial designationR programmingPython programmingGGY AXISRisk management principlesLarge datasets analysisAnnuity experienceMotivatedConceptual thinkerIndustry regulations familiarityCommunicationCross-functional teamwork

Required

Actuarial designation with a minimum of 5 years of actuarial experience

Strong technical and analytical skills, particularly in working with large datasets

Proficiency in R, Python, or similar statistical software or programming languages

Experience with GGY AXIS or other actuarial modeling systems

Solid understanding of risk management principles and methodologies

Excellent communication skills — verbal, written, interpersonal, and presentation

Highly motivated, conceptual thinker with the ability to work independently and collaboratively across a wide range of assignments

Proven ability to work effectively with cross-functional teams across various business units

Familiarity with relevant industry regulations and compliance requirements

Preferred

Preferred experience in annuity, asset, and reinsurance businesses

Benefits

Long-Term Incentive Plan

Full Benefits Package Available

Company

Aspida

We’re Aspida – a tech-leading, agile insurance company that provides life and annuity solutions with speed, simplicity, and security to enhance well-planned retirement and wealth management strategies.

Founded in 2015

Durham, North Carolina, USA

51-200 employees