Apply on Employer Site

Aspida · 1 month ago

Associate Actuary, Modeling

Durham,NC,US

Full-time

Onsite

Senior Level

5+ years exp

Aspida is a tech-driven insurance carrier focused on providing secure retirement solutions and annuity products. The Modeling Actuary will develop and maintain actuarial projection models, ensuring they accurately reflect product features and valuation methodologies while collaborating across various functions to enhance model integrity and efficiency.

FinanceFinancial ServicesInsurance

Growth Opportunities

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

Qualification

AXIS modeling softwareASANear ASA designationUS StatutoryGAAPExcelSQLRPythonVBAAnalytical skillsProblem-solving skillsCommunication skillsOrganizational skills

Required

ASA or Near ASA designation with 5+ years of actuarial experience

Knowledge of AXIS modeling software, including experience building and validating projection cells, model structures, and assumption management

Advanced proficiency in Excel, SQL, and/or automation tools (R, Python, VBA)

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

Preferred

Familiarity with international structures or cross-border insurance reporting

Understanding of US Statutory, GAAP (LDTI), and asset/liability projection frameworks

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