Actuary, Modeling
Aspida · Durham, NC · 6 days ago
FinanceFull-time
About the role
The Modeling Actuary will play a key role in developing, maintaining, and enhancing actuarial projection models for Aspida. This individual will ensure the AXIS models accurately reflect product features, cash flow mechanics, and valuation methodologies. The role requires deep technical expertise, strong collaboration across functions, and a proactive approach to process improvement and governance.
Responsibilities
- Contribute to the design, development, and maintenance of AXIS models for fixed and indexed annuity products, ensuring alignment with valuation, pricing, and ALM requirements.
- Support valuation and projection processes for the group by managing model change cycles including regression testing and explanation of impacts.
- Collaborate with valuation, finance, risk management, and IT teams to ensure model integrity, transparency, and consistency across reporting frameworks.
- Analyze model results and provide insights on drivers of earnings, reserve movements, and sensitivities.
- Implement model governance standards, including documentation, version control, and peer review, consistent with actuarial control frameworks (e.g., Model Validation Policy, SOX requirements).
- Partner with global actuarial and finance teams to support consolidated reporting, capital management, and strategic initiatives.
- Identify and drive process improvements to enhance model efficiency, reduce run times, and streamline reporting cycles.
Requirements
- ASA designation (FSA preferred) with 5+ years of actuarial experience
- Knowledge of AXIS modeling software, including experience building and validating projection cells, model structures, and assumption management.
- Understanding of US Statutory, GAAP (LDTI), and asset/liability projection frameworks.
- Familiarity with international structures or cross-border insurance reporting preferred.
- Advanced proficiency in Excel, SQL, and/or automation tools (R, Python, VBA) a plus.
- Strong analytical, problem-solving, and communication skills, with ability to explain technical results to non-actuarial audiences.
- Organized, detail-oriented, and able to manage competing priorities in a dynamic environment.
Qualifications
Not specified
Skills
Not specified
Benefits
Full benefits package available
Pay
Salaried, DOE
Schedule
Full-time