Principal Actuary, Corporate Development, Ares Insurance Solutions

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ares is seeking a full-time M&A and reinsurance actuary to join our dynamic and growing Insurance Solutions team. The ideal candidate will be collaborative, detail-oriented, and capable of managing multiple projects from start to finish. This VP or Principal role offers an opportunity to learn about our business and become a vital resource to the group. Ares provides a highly collaborative work environment, competitive compensation, and excellent benefits.

Over the last 25 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development, and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Primary functions & Responsibilities

• Support Aspida’s Growth:
  • Collaborate with team members to assess, price & structure M&A and reinsurance transactions (block & flow) to help the Aspida Re platform grow inorganically.
  • Analyze due diligence materials, including actuarial appraisals, CIM, policy forms, CFT memos, and insurance liability cashflows.

• Apply Expertise:
  • Utilize insurance knowledge (US NAIC, Bermuda BMA, Cayman), accounting (GAAP and Statutory), and liability expertise.
  • Develop transaction or investment committee memos documenting targets, assets, liabilities, diligence findings, and pricing results for senior management, investors, and the Board of Directors.
• Effective Communication:
  • Clearly communicate business and mathematical concepts embedded in quantitative models and provide thorough model documentation.
  • Maintain strong relationships with Ares insurance and investment professionals, as well as insurance professionals within Aspida.
  • Take external and internal meetings, effectively communicating results and methodologies.

Qualifications

Education:

• Undergraduate and / or advanced degrees
• FSA designation or career ASA, or equivalent, preferred

Experience /Skills Required:  

• 10-20 years of actuarial experience.
• Direct M&A and reinsurance experience, either sell-side or buy-side, preferred.
• Insurance product knowledge required; annuities products preferred, life insurance product knowledge helpful.
• Self-starter with intellectual curiosity and the ability to seek a path forward without perfect information.
• Excellent communication skills to articulate complex actuarial concepts to diverse stakeholders.
• Understanding of accounting, regulatory, risk management, and strategic frameworks under which insurers operate is highly desirable.
• Experience with reinsurance structuring and knowledge of different forms of reinsurance is a plus.
• Mentor and provide guidance to the actuarial team, supporting their professional development and technical expertise.
• Strong problem-solving abilities and experience in understanding and solving complex issues.
• High level of integrity, enabling the candidate to become a trusted partner to clients and peers.
• Ability to work independently and collaboratively, making informed decisions under pressure.

Reporting Relationships

Compensation

$200,000 - $275,000

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.