Actuarial Associate
- Employer
- Brighthouse Financial
- Location
- Charlotte, North Carolina
- Salary
- Not Specified
- Closing date
- Mar 2, 2019
View more
- Category
- Actuary
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
Brighthouse Financial is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S., we specialize in products designed to help people protect what theyve earned and ensure it lasts. We are built on a foundation of experience and knowledge, which allows us to keep our promises and provide the value they deserve.
At Brighthouse Financial, were fostering a culture where diverse backgrounds and experiences are celebrated, and different ideas are heard and respected. We believe that by creating an inclusive workplace, were better able to attract and retain our talent, provide valuable solutions that meet the needs of our advisors and their clients, and deliver on our mission of helping more people achieve financial security. Were seeking passionate, high-performing team member to join us. Sound like you? Read on.
Role Value Proposition:
Your role will be as a key member of the Annuity Pricing team assisting in the pricing, development, modeling, and analysis of current and future Annuity products. The focus will be on Fixed Annuities with additional exposure to other product types. Additionally, in this role, you will gain exposure to and interact with other areas across the Company including Investments, Inforce Management, and Product Development.
Key Responsibilities:
- Will assist in varied aspects of modeling including building, updating, running, and validating the stochastic models.
- Enhance efficiency and capabilities of existing models and supporting Python scripts.
- Perform periodic rate setting and profitability analysis, balancing competitive positioning with profitability targets, including: analysis of results, attribution of changes, thorough documentation and effective communication of results to management.
- Monitor product profitability metrics based on actual sales as well as perform sensitivity analysis around assumption updates and market changes.
- Keep, develop, and update strong documentation on modeling updates, analysis performed, and process changes.
- Support client-facing areas in the Company through analysis of Large Case Requests and other ad hoc requests.
Essential Business Experience and Technical Skills:
- Bachelors degree in mathematics or statistics, or actuarial science
- Completed 4 preliminary actuarial exams for the Society of Actuaries
- Actively pursuing ASA designation with the Society of Actuaries
- Strong programming skills with experience with Python, C++, or similar languages
- Experience with actuarial modeling software such as Aon PathWise, FIS Prophet, or GGY-Axis desirable
- Can adjust work resources and deadlines in response to changing business priorities
- Positive attitude with an eagerness to learn
- Strong written and oral communication skills with ability to communicate effectively to a non-technical audience
- Highly proficient with Excel, VBA, and other MS Office products
Company
Why Brighthouse Financial
We’re on a mission to help people create a better financial future. Drawing on our history as part of MetLife, Inc., we will help our customers achieve financial security. Our experience has taught us that it’s time for something new: a simple and transparent alternative to an industry that customers often feel is complex, confusing, and costly.
Benefits
Brighthouse Savings Plan
Achieve your long-term financial goals by combining your contributions with the company match and annual profit sharing contribution
Healthcare Gain
Peace of mind and care for you and your family by participating in our medical/pharmacy, dental and vision plans.
Income Protection
Protect your loved ones and prepare for the unexpected with company provided life and disability programs.
Work Life Balance
Live a fuller life and take time to recharge with our competitive offering of holidays, paid time off, parental leave, and much more.
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