About Us:
Join our dynamic team at our company, a leading provider of annuities and life insurance solutions in the U.S. Our inclusive work environment fosters collaboration and innovation, empowering employees to make a meaningful impact while achieving personal and professional growth. We invite you to be a part of our mission to help people achieve financial security.
Work Environment:
At the company, we offer a flexible, hybrid work model that allows you to work remotely or in the office, providing you the opportunity to thrive in all aspects of life.
Your Role:
As an Actuarial Consultant, you will play a pivotal role in supporting our asset liability management team. Your responsibilities will include producing periodic risk reports, conducting performance attribution, and assisting in variable and fixed annuity asset liability management and risk assessment. Reporting directly to the Lead Actuary, you will focus on reporting, modeling, sensitivity analysis, project management, and documentation.
Key Responsibilities:
- Quantify monthly statutory liability and asset valuation for variable annuities and structured investment annuities (SIA).
- Support the Valuation Team in scenario generation and BLICNY reserving & capital requirement.
- Conduct sensitivity grid and attribution analysis for variable annuity hedge strategy.
- Perform ad hoc risk analysis as required.
- Maintain and improve asset projection models under the PathWise platform for variable annuities, structured investment annuities, and assets.
- Implement future hedging strategy (FHS) processes in production environment.
- Maintain real-world economic scenario generation (ESG) models and update annual assumptions.
- Optimize processes, conduct research and development, and support growth initiatives.
Requirements:
- Minimum 3 years of relevant experience.
- Proficiency in Python programming or other relevant programming languages (e.g., R, MATLAB, SAS).
- Knowledge of VBA and SQL is advantageous.
- Strong interpersonal, teamwork, and time management skills with a positive attitude and eagerness to learn.
- Completion of preliminary actuarial exams is strongly desired; ASA designation would be advantageous.
What We Offer:
- Competitive base salary ranging from $80,000 to $93,000, with additional performance-based incentives.
- Flexible work environment allowing remote or in-office work.
- Minimum of 20 days of paid time off, 16 paid company holidays per calendar year, plus paid volunteer and study time.
- Financial benefits including 401(k) savings plan with company match, employee stock purchase plan discount, and financial counseling services.
- Comprehensive health and wellness plans, including medical, vision, and dental coverage, along with tax-free health savings accounts and potential company contributions.
- Family support benefits such as paid parental leave, back-up dependent care, and adoption, infertility, or surrogacy assistance.
- Life and disability insurance coverage.
Why Join Us?
The company is dedicated to helping individuals secure their financial futures. By joining our team, you'll be part of a Fortune® 500 company committed to excellence and recognized for its inclusive culture and employee-centric initiatives. Take the opportunity to collaborate, innovate, and make a difference while advancing your career in a supportive and dynamic environment.
Ranked by 2022 admitted assets. Best's Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2023.
From FORTUNE © 2023 Fortune Media IP Limited. All rights reserved. Used under license. FORTUNE and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Brighthouse Financial.
Employment Type: Full-Time
Salary: $ 40,000.00 140,000.00 Per Year
