As Director & Actuary, you will be responsible for Quarter-End and Year-End reserve reporting for Brighthouse Financial’s Fixed Index Annuity (FIA) and Fixed Deferred Annuity (FA) products, with primary accountability for the accuracy, analysis, and explanation of reserves. This role will serve as the primary actuarial contact for audit and control requests, own the analysis and explanation of quarter‐over‐quarter reserve movements, and lead the preparation of the annual VM‐31 PBR actuarial memorandum.
Requirements
- 5-10 years of experience with increasing responsibilities within an actuarial department
- Associate of the Society of Actuaries (ASA) is required.
- Strong interpersonal and project/people management skills
- Experience in valuation, pricing, or actuarial modeling
- Knowledge of Statutory valuation
- Knowledge of Fixed Index Annuity and Deferred Fixed Annuity products
- Strong written and oral communication skills; ability to convey technical concepts to non-technical audiences and regulators.
- Must have strong ability to make decisions; ability to consider multiple aspects while making business decisions
Benefits
- Compensation – Base salary ranging from $155,000 - $175,000 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%).
- 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.