Company: Brighthouse Financial
Job 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 a Sr. Actuarial Associate, you’ll be a part of the Actuarial Development Program (ADP) which is designed for individuals who are interested in pursuing an actuarial career and obtaining the FSA designation.For this role, if FSA designation is obtained within the initial 24 months of hiring, then you will be able to do one additional 24 month rotation, if a non-ADP role is not offered. Study time, membership dues, exam fees, and materials will be paid by the company in accordance with the Actuarial Development Program policy.During the first 24 month rotation, you will be part of the team that sets assumptions, does modeling and pricing for our products including Brighthouse SmartCare® and Brighthouse SmartGuard Plus®.In this role, you’ll get to:
- Commit to both work and studying with a goal of completing all FSA exams.
- Be on a two-year rotation schedule supporting the various business units.
- Set assumptions, model, and price for Brighthouse SmartCare® and Brighthouse SmartGuard Plus® products.
- Develop and enhance tools that will improve analysis of key risks and profitability drivers.
- Provide support for required illustration certifications and product filings.
- Perform ad-hoc assumption updates and modeling requests with analysis on the financial impact.
- Obtained the ASA designation and interested in obtaining FSA.
- Competent computing and programming skills in one or more of the following: Python, Matlab, Excel, R, VBA, SQL, etc.
- Strong communication skills.
- Ability to work well on a team.
- Positive attitude with an eagerness to learn.
- Can adjust work resources and deadlines in response to changing business priorities.
- Sound business judgment skills (decision-making and problem solving).
- 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 passed exam.
- Compensation – Base salary ranging from $110,000 to $130,000 plus competitive performance-based incentives determined by company and individual results.
- Flexible Work Environment – Work remotely or in the office to better thrive in all areas of life.
- Paid Time Off – Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
- Financial Health – Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), 15% employee stock purchase plan discount, and financial counseling services.
- Health and Wellness – Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
- Family Support – Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
- Life and Disability Support – Gain access to company-paid basic life insurance and short-term disability insurance.
Brighthouse Financial is on a mission to help people achieve financial security. Our company is one of the largest providers of annuities and life insurance in the U.S.,* and we specialize in products designed to help people protect what they’ve earned and ensure it lasts.We empower employees to collaborate, bring their passion to work, and make an impact. Our inclusive work environment fosters a culture that celebrates diverse backgrounds and experiences. You can find out more about our company culture by visiting brighthousefinancial.com/about-us/careers/.We’re one of the largest providers of annuities and life insurance in the U.S.,* and our commitment to being a great place to work has earned us recognition from Forbes as one of America’s Best Midsize Employers, from Newsweek as one of the Most Trustworthy Companies in America, and as one of the Healthiest Employers of Greater Charlotte.*Ranked by 2023 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2024.
Expected salary: $110000 - 130000 per year
Location: Charlotte, NC
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