Associate Actuary, ERM

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. Our mission is to protect dreams—those of our partners, producers, and clients. Our products are available through an elegant and intuitive digital platform, focusing on secure, stable retirement solutions with attractive features and downside protection. For more information, visit www.aspida.com or follow us on LinkedIn.

About the role

This actuarial role supports the ERM function at Aspida. The responsibilities include developing and implementing an industry-leading risk management framework, analyzing financial projections, stress testing results, and monitoring key risk indicators. The role also involves enhancing the risk appetite framework, stress testing methodology, and risk management reporting.

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 Aspida's 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
• Prepare and enhance Aspida's Own Risk Solvency Analysis (ORSA)
• Stays current on industry trends and regulatory developments both domestically and internationally

Requirements

• 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
• Preferred experience in annuity, asset, and reinsurance businesses
• 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

Qualifications

• 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
• Preferred experience in annuity, asset, and reinsurance businesses
• 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

Skills

• Actuarial knowledge
• Technical and analytical skills
• Statistical software proficiency (R, Python)
• Actuarial modeling systems experience (GGY AXIS)
• Risk management principles
• Communication skills
• Teamwork and collaboration
• Industry regulations and compliance

Benefits

• Salaried, DOE
• Long-Term Incentive Plan
• Full-Time
• Full Benefits Package Available

Pay

Salaried, DOE

Schedule

Full-time

Equal Opportunity Employer

We are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. We do 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.