Description

Where you’ll work:

Our flexible, hybrid work model offers the option to work remotely or in the office.

How you’ll contribute:

As an Actuarial Associate, you’ll be responsible for deliverables related to our variable annuities and flagship registered-index-linked annuity product, Shield. This position supports the Liability Analysis and Services team and is responsible for production and analysis that informs hedging-related reporting, attribution, and strategy.

In this role, you’ll get to:

• Own the monthly production of asset results for variable annuities and Shield products in the PathWise environment; support the production of attribution results, sensitivity grids, and ad hoc runs.
• Conduct hedging analysis, including sensitivity testing, attribution, and forward-looking estimation for variable annuities and our flagship registered-index-linked annuity product, Shield.
• Identify, measure, and propose solutions to enhance hedge strategy; review hedge performance.
• Develop deep expertise in our asset and liability models; perform model updates, testing, review, and investigation as needed.
• Analyze drivers of results and communicate insights to management.
• Create and improve analytical tools and processes to enhance efficiency.
• Coordinate with stakeholders to maintain consistency in production processes and deliverable schedules, assumptions, and modeling methodologies; stay up to date on regulatory and reporting changes.
• Partner with the model development team to request, document, and approve model changes and to improve processes that enhance efficiency.
• Work with the Leader of Hedging Liability Analysis to prioritize, plan, and execute projects.
   

Requirements

We’re looking for people who have:

• Bachelor’s degree in mathematics, Actuarial Science, Statistics, Economics, Computer Science or Finance.
• Recently credentialed ASA or actively pursuing ASA completion.
• 3 years of actuarial experience preferred.
• Variable Annuity and RILA product knowledge preferred.
• Asset modeling experience preferred.
• Computing and programming skills; Python preferred.
• Experience with SQL database queries preferred.
• Experience with actuarial modeling software; PathWise preferred.
• Proficiency in MS Office (Excel, Word, and PowerPoint).
• Project management skills; detail- and process-oriented.
• Effective written and verbal communication skills.
• Conceptual and analytical skills to develop solutions to complex problems.
• Ability to adapt to changing business priorities and deadlines.
   

What you’ll gain from the Brighthouse Actuarial Development Program:

• Experience with one of the largest annuity and life insurance providers in the U.S.
• Study materials, study time, and exam fees paid for by Brighthouse Financial.
• Direct exposure to leaders, mentors, and learning opportunities.
• 24-month rotational work assignments to promote career growth.
• Automatic salary increases with each exam passed.