Hedging Analyst Intern at Aspida Financial Services LLC

Durham, North Carolina, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Jan, 26

Salary

0.0

Posted On

04 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

SQL, R, Python, Analytical Skills, Problem-Solving, Communication Skills, Self-Starter, Financial Engineering, Mathematics, Statistics

Industry

Financial Services

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: This internship offers a hands-on opportunity to contribute to our hedging program while working alongside quants, analysts, and developers. You’ll help assess market risk and develop innovative solutions to mitigate it. We’re looking for someone who thrives in a fast-paced environment, is eager to learn, and wants to apply technical skills to real-world financial challenges. This role is ideal for candidates pursuing advanced degrees in financial engineering, mathematics, statistics or related technical fields who want to explore the intersection of programming, analytics, and market risk mitigation. What You Will Do: Assist in the development and refinement of hedging models, primarily focused on equity derivatives, with exposure to other asset classes. Analyze market trends and communicate insights that inform strategy. Support the team by optimizing processes related to hedging and risk utilizing artificial intelligence when appropriate. Support back-testing of strategies to enhance pricing and valuation frameworks. Build practical experience in a fast-moving environment, sharpening your programming and analytical skills through meaningful contributions. What We Provide: Hourly Full-Time hours 9-week summer program 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: Working towards a Master’s or Bachelor’s degree in Mathematics, Actuarial Science, Economics, Computer Science, or related technical field Proficiency in SQL, R, Python or other programming language is required. Analytical and problem-solving skills Clear and concise verbal and written communication skills Self-starter with a willingness to learn

Responsibilities

Assist in the development and refinement of hedging models and analyze market trends to inform strategy. Support the team by optimizing processes related to hedging and risk, utilizing artificial intelligence when appropriate.