Aspida · 23 hours ago
Sr. Actuary, Valuation
Durham, NC
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expAspida is a tech-driven insurance carrier focused on providing innovative retirement solutions and annuity products. They are seeking an experienced annuity valuation actuary to ensure the accuracy and integrity of valuation results while supporting financial reporting and regulatory compliance.
FinanceFinancial ServicesInsurance
Responsibilities
Perform and review Statutory and GAAP valuation for annuity products
Own end-to-end execution of valuation processes, including assumption governance, model execution, results validation, and documentation
Develop, maintain, and enhance actuarial models in GGY AXIS, supporting both BAU production and analytical initiatives
Partner closely with finance, risk, and modeling teams to explain reserve movements, emerging experience, and quarter-over-quarter results
Support regulatory and audit engagements, including preparation of exhibits, memoranda, and responses to inquiries
Contribute to the continued evolution of valuation infrastructure, controls, and automation as the business scales
Provide technical guidance and informal mentorship to junior actuarial staff
Qualification
Required
Deep expertise and experience with GGY AXIS, including hands-on model development, maintenance, and production runs for life insurance or annuity or long-term care products
FSA designation with a strong foundation in life and annuity valuation
10+ years of actuarial experience, with significant exposure to statutory and/or GAAP valuation
Strong understanding of U.S. Statutory and U.S. GAAP accounting frameworks. Understanding of Bermuda EBS framework a plus
Deep understanding of PBR methodologies such as VM-20 or VM-21 or VM-22
Ability to independently manage complex workstreams and deliver high-quality results under tight timelines
Ability to mentor and train junior staff on: GGY AXIS modeling, U.S. Statutory and GAAP frameworks
Connect actuarial deliverables to broader business results and, P&L
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.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2021-07-15Acquired
Leadership Team
Alex Seidita
Chief Information Officer
Chad Burns
Chief Distribution Officer
Company data provided by crunchbase