Hedging Analyst
Who We Are
Aspida is a tech-driven, nimble insurance carrier backed by Ares Management Corporation. We offer simple and secure retirement solutions and annuity products with speed and precision. Our mission is to protect dreams—those of our partners, our producers, and especially our clients. We focus on secure, stable retirement solutions with attractive features and downside protection through our digital platform.
What We Are Looking For
We are seeking a motivated professional to join our hedging team and help drive market risk management across the company. This is a high-impact early career role where you will work alongside our team of actuaries, quants, and developers to build and refine models, analyze market risks, and contribute to the automation of the hedging process. Ideal candidates are technically strong, curious, and eager to learn. This role requires being onsite at our Durham office 3 days a week.
What You Will Do
- Develop and enhance hedge solutions focused on equity derivatives, with opportunities to expand into other asset classes.
- Enhance reporting frameworks to further improve hedge processing across Aspida’s growing business.
- Analyze market data, trends, and market dynamics to inform risk mitigation strategies.
- Apply AI and automation to streamline hedging operations and improve efficiency.
- Support back-testing and validation of strategies used by pricing and valuation teams.
- Collaborate with teams to explore innovative approaches to managing financial risk.
- Gain a deep understanding of the annuity business and how hedging supports long-term financial stability.
What We Provide
- Salaried, DOE
- Long-Term Incentive Plan
- Full-Time
- Full Benefits Package Available
What We Believe
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.
What We Require
- Bachelor’s degree in Mathematics, Statistics, Finance, Economics or other related field. A Master’s degree is a plus.
- Experience with programming languages such as SQL, R, Python, or other programming languages
- 2-3 years of professional experience preferred; recent graduates with strong internship or project experience are encouraged to apply.
- Strong analytical and problem-solving skills
- Excellent verbal and written communication and presentation skills
- Ability to work effectively with cross-functional teams across different business units