Actuarial Associate
- Employer
- Brighthouse Financial
- Location
- Charlotte, North Carolina
- Salary
- Not Specified
- Closing date
- May 29, 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.
How This Role Contributes to Brighthouse Financial:
This position supports financial planning and analysis and is responsible for providing forward looking projections so that senior management can make strategic business decisions. The role will work on annuity and life products producing projections for cash flows, GAAP earnings, and STAT earnings, among other key projection metrics. This individual will work across departments, such as valuation, pricing, and controllers, to ensure consistent and accurate projections. The individual will play a role in developing a more efficient projection process and help transition the underlying models to Prophet.
Key Responsibilities:
-
Perform quarterly projections for Cash Flows, GAAP, Stat, RBC, Tax, and Stress, and liaise with other business units to obtain various inputs and maintain consistency across departments
Analyze and explain actual-to-plan and current-to-prior plan variances
Prepare inforce data quarterly for external models and assist in the validation of those models
Assist in the transition to use Prophet models for the plan projection
Assist in the analysis and modification of existing modeling tools to set company-wide capital management strategies, GAAP financial projections, and analysis used by Brighthouses CFO and Treasurer
Maintain strong documentation on modeling processes, improvements, and analysis
Essential Business Experience and Technical Skills:
Required:-
Four or more SOA exams passed
Minimum 2 years of experience in the actuarial field
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Undergraduate degree; Actuarial Science, Applied Mathematics, Economics/Finance, Mathematics, Statistics, or related major preferred
Strong communication and problem-solving skills
Proficiency in MS Office, in particular MS Excel and MS Access
Strong modeling skills with a working competency in any modern actuarial software (Prophet, ALFA, etc.)
Knowledge of annuity and life products
Familiarity with statutory and GAAP financials, reserving methods and RBC requirements
Positive attitude with an eagerness to learn
Able to balance multiple projects and adjust well to shifting business priorities
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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