Actuarial Data Analyst Job at Aspida Financial Services LLC in Durham
Aspida Financial Services LLC, Durham, NC, US
Job Description
Company Description:
Aspida Holdings Ltd., through its subsidiaries (collectively “Aspida”), is focused on providing retirement and reinsurance solutions, having operations in the U.S. and Bermuda with total assets of $11.3 billion as of September 30, 2023. Aspida, through its U.S. platform – Aspida Life Insurance Company – is focused on leveraging technology and agility to help clients achieve – and protect – their dreams. Its Bermuda-based reinsurance platform, Aspida Life Re, is focused on providing efficient and secure life and annuity reinsurance solutions. Aspida seeks to be a trusted partner in its clients’ financial security while driving its growth by doing good for the communities it serves. Aspida is backed by Ares Management Corporation, which, through the Ares Insurance Solutions team, provides dedicated investment management, capital solutions and corporate development support. For more information, please visit aspida.com or follow them on LinkedIn, Facebook.
Who We Are:
Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.
Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.
What We Are Looking For:
The Actuarial Data Analyst designs and implements processes and solutions associated with hedging, reinsurance management, and other data sets used for reporting and analytics to improve operational efficiency and make decisions. The successful candidate should be able to assist in turning data into information, information into insights and insights into business decisions. The candidate should be able to collaborate across departments and with customers to define requirements and understand business problems. Uses Querying and Reporting methods to develop solutions. Creates solutions from initial concept to fully tested production solution and communicates the results to a broad range of audience. They will work cross-functionally with stakeholders across Aspida as well as with offshore development. This role will report to the Chief Actuary and is required to be onsite 3 days a week at our Durham, NC office.
What You Will Do:
- Work with actuaries and other business users on data management and business process solutions from design through implementation.
- Assist the offshore reinsurance team in receiving ceding client data and use an ETL process and database to prepare the data for the actuarial team to use in their processes.
- Lead discussions with cross-functional teams to understand reporting requirements and existing pain points.
- Help establish and report KPI’s to measure business effectiveness.
- Create process flows for business procedures and assess potential enhancements through system updates.
- Prioritize multiple competing projects and manage the issue backlog.
- Become an expert on assigned systems and communicating with end users.
What We Provide:
- Salaried, DOE
- 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.
Requirements:What We Require:
- Experience working with SQL, R/Python, Power BI and databases preferred.
- Experience in annuity/life insurance domain preferred.
- Bachelor’s degree with coursework in computer information systems and technologies or demonstrated competency through related work experience.
- Master’s degree preferred.
- Strong verbal and written communication skills.
- Ability to establish professional relationships and collaborate across multiple teams.
- Ability to prioritize work between multiple, concurrent projects.
- Track tasks and follow up with stakeholder to drive projects to completion.
- Collect and document requirements through discussions with business stakeholders and technical leaders.