Sr. Actuary, Modeling

Sr. Actuary, Modeling

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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 suite focuses on secure, stable retirement solutions with attractive features and downside protection. Aspida is dedicated to developing data‑driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do.

The Modeling Actuary will play a key role in developing, maintaining, and enhancing actuarial projection models for Aspida. The role requires deep technical expertise, strong collaboration across functions, and a proactive approach to process improvement and governance.

• Lead 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.
• Mentor junior actuarial analysts or modelers; review work for accuracy and compliance with standards.
• Stay current with evolving regulatory and accounting guidance affecting annuity modeling (e.g., VM‑22 implementation, LDTI).

• Salaried, DOE
• Long‑Term Incentive Plan
• Full‑time
• Full benefits package available

Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non‑traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

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.

• FSA designation (or near‑FSA) with 7+ years of actuarial experience, including at least 3 years in modeling or valuation for life/annuity products.
• Deep knowledge of AXIS modeling software, including experience building and validating projection cells, model structures, and assumption management.
• Strong 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.