Director & Actuary
- Employer
- Brighthouse Financial
- Location
- Charlotte, North Carolina
- Salary
- Not Specified
- Closing date
- Nov 1, 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 they’ve 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, we’re 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, we’re 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. We’re seeking passionate, high-performing team member to join us. Sound like you? Read on.
How This Role Contributes to Brighthouse Financial:
This position is responsible for implementing and monitoring Prophet model changes pertaining to the Annuity products, using best in class modeling standards.
This position supports an essential function which will provide assurance to model users of the validity and transparency of model results for use in financial statements, and for analysis and risk management purposes.
Key Responsibilities:
- Design and implement Prophet annuity modeling solutions by utilizing product knowledge, studying existing models, and analyzing business requirements
- Delegate tasks to, organize, mentor, and motivate a team of talented model developers
- Provide training, modeling guidance and best practices to modeling team
- Foster a culture of continuous feedback and improvement
- Work with the Annuity Model Steward to plan and execute projects
- Review model development deliverables regularly
- Implement and test new software releases, library updates, new products, and new regulatory requirements
- Maintain relationships with software vendors, consultants, and internal annuity modeling clients
Essential Business Experience and Technical Skills:
- Associate of the Society of Actuaries (ASA) designation required; FSA designation advantageous
- 5+ years of actuarial experience in an insurance company, consulting, or software company setting
- 5+ years’ experience in actuarial modeling design and development
- 2+ years of Prophet Professional model development strongly preferred; familiarity with the US 360 and/or ALS libraries advantageous
- Significant product knowledge to understand modeling requirements for Life or Annuity products
- Strong project management skills
- Strong written and oral communication skills
- Conceptual and analytical skills to develop solutions to complex problems
- Sound business judgment skills (decision-making and problem solving)
Key Relationships:
- Reports To: Annuity Model Steward
- Direct Reports/Team: 2 model developers
- Other Key Stakeholders: Pricing, Valuation, Projections and Asset Liability Management (ALM) teams
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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