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Business Leader, Annuity Administration Platform

  • Durham, NC, United States
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Job details

Posting language
English
Posted

Original job description

Description

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. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit www.aspida.com or follow them on LinkedIn.

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 Business Leader is accountable for the direction, execution, and operational readiness of Aspida’s proprietary annuity policy administration system build and future program capabilities. This leader will translate business strategy into a prioritized delivery roadmap and capability sequencing across Aspida’s annuity shelf (MYGA, FIA, FIA with GLWB, and RILA today). They will align stakeholders around clear requirements and decisions, and ensure the system supports the company’s products, service standards, controls, and growth objectives. This program is a critical component of Aspida’s overall strategy. Success requires deep annuity administration expertise, entrepreneurial drive, and a demonstrated ability to lead teams. This position reports to the SVP, Retail Product Leader and is required to be onsite 3 days a week at our Durham, NC headquarters.

What You Will Do:

Vision, Strategy, & Execution

  • Establish and communicate the vision, target capabilities, and intended outcomes.
  • Define and track measurable success criteria.
  • Develop and drive the business roadmap.

Requirements & Prioritization

  • Ensure quality scoping and establish ownership of business requirements across the annuity administration lifecycle.
  • Own business prioritization and scope decisions, balancing launch needs, regulatory and control requirements, customer experience, and long-term capabilities.
  • Work with the Technology team to evaluate solution options, resolve trade-offs, and establish clear acceptance criteria.
  • Ensure system capabilities support accuracy, traceability, and downstream reporting and data integrations.

Program Leadership

  • Partner with the [Technology Leader] to establish and maintain an integrated delivery plan, milestones, dependencies, and resource requirements.
  • The Business Leader owns strategy, business priorities, requirements, operating model, readiness and value realization while the Technology Leader owns architecture, engineering delivery, technical controls and integration with Aspida’s technology ecosystem.
  • Own business resource planning and cross-functional coordination.
  • Provide executive leadership with clear reporting on progress, risks, and trade-offs.
  • Ensure Compliance, Actuarial, Finance, and Operations are involved throughout requirements, design, testing, and launch preparation.

Implementation & Post-Launch

  • Establish launch criteria and provide the business readiness recommendation through program governance and documented test plan.
  • Establish ongoing business ownership and a clear transition from the build program to platform operations and continued development.

What We Provide:

  • Salaried, DOE
  • Long-Term Incentive Plan
  • Full-Time
  • Full Benefits Package Available

What We Believe:

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.

Requirements

  • 10+ years in life insurance or annuity operations, product, or administration, with demonstrated ability to execute and drive business initiatives.
  • Bachelor’s degree in business, finance, actuarial science, information systems, or related field.
  • Established entrepreneurial track record of building new business capabilities and platforms.
  • Deep, hands-on knowledge of the annuity policy lifecycle and business acumen.
  • Experience with a large-scale administration platform implementation or conversions.
  • Strong working knowledge of annuity regulation, tax treatment, and compliance requirements.
  • Proven ability to translate business needs into clear requirements and to make sound trade-off decisions with technology partners.
  • Track record of leading cross-functional teams and influencing executive leadership.
More about this job

Skills

  • Lead a team
  • Prioritization
  • Customer experience
  • Reporting
  • Leadership
  • Regulatory compliance
  • Actuarial science

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