Risk Analyst

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 billion as of June 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:

As a Risk Analyst, you will play a key role in supporting the Enterprise Risk Management team in assessing, documenting, and reporting risks at an enterprise level within Aspida. This position is ideal for a detail-oriented individual with a keen interest in risk analysis, documentation and reporting. Experience in the insurance industry is a plus. This role reports to the Chief Information Security Offer and is required to be onsite at our Durham, NC office 3 days a week.

What You Will Do:

• Help build and enhance the ERM reporting framework, working with the risk team in several locations.
• Risk Documentation: Create and maintain comprehensive records of enterprise risk assessments, reviews, and related documentation.
• Risk Reporting: Compile and prepare reports summarizing enterprise risk assessment findings, including trends, potential vulnerabilities, and recommendations.
• Data Management: Input and organize data related to enterprise risk factors and other relevant information. Take advantage of databases to build real time tools.
• ERM Process Support: Assist in the execution of enterprise-wide risk assessment processes, ensuring they align with established ERM frameworks.
• Compliance Checks: Verify that ERM practices adhere to industry regulations and internal guidelines.
• Assist in Data Analysis: Support senior analysts in processing and analyzing data using software and tools.
• Insurance Industry Expertise: Leverage any prior experience in the insurance sector to bring insights into industry-specific risk factors and trends.
• Communication Support: Assist in the preparation of communications to internal stakeholders, providing updates on enterprise risk assessment findings and recommendations.
• Collaboration: Work closely with cross-functional teams, including underwriters, claims professionals, and compliance officers, to facilitate seamless ERM processes.

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.

What We Require:

• Bachelor's degree in Risk Management, Finance, Actuarial Science, or a related field.
• Strong proficiency in MS Excel, Word and PowerPoint.
• Detail-oriented with excellent organizational and documentation skills.
• Experience with data analytics, statistical tools, and programming languages (e.g., Python, R, SQL) is a plus.
• Familiarity with Enterprise Risk Management frameworks and principles is a plus.
• Experience in the insurance industry is highly advantageous.
• Excellent communication skills, both written and verbal.
• Ability to work effectively in a team-oriented environment.
• Analytical mindset and problem-solving skills.