What are the responsibilities and job description for the Actuarial Assistant (Charlotte, NC (Hybrid) or Remote) position at Brighthouse Financial?
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 Assistant, you’ll be responsible for Responsible for supporting the implementation of model changes pertaining to the Variable Annuity & RILA products, using best in class modeling standards. This is an Actuarial Development Program position. These models are written in the Pathwise environment which utilizes python. 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.
In This Role, You’ll Get To
What You’ll Receive
Why join us?
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 proud to be one of the largest providers of annuities and life insurance in the U.S.* and recognized as one of the Healthiest Employers of Greater Charlotte by Healthiest Employers. We’re also honored to be named to Newsweek’s list of Most Trustworthy Companies in America.
Our flexible, hybrid work model offers the option to work remotely or in the office.
How You’ll Contribute
As an Actuarial Assistant, you’ll be responsible for Responsible for supporting the implementation of model changes pertaining to the Variable Annuity & RILA products, using best in class modeling standards. This is an Actuarial Development Program position. These models are written in the Pathwise environment which utilizes python. 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.
In This Role, You’ll Get To
- Implement annuity modeling solutions by utilizing product knowledge, studying existing models, and analyzing business requirements.
- Analyze model results, including reconciling and attributing changes, communicating results to management, and creating detailed documentation
- Implement and test new software releases, new products, new regulatory requirements, and shared table changes in the Pathwise environment
- Optimize models to follow coding standards and improve performance
- Stage model inputs using data conversion systems and/or Alteryx
- Bachelor’s degree in Mathematics, Statistics, Actuarial Science or related discipline
- At least 1 actuarial exam for the Society of Actuaries
- Strong programming skills
- Strong written and oral communication skills
- The ability to work with others in a team environment
- Conceptual and analytical skills to develop solutions to complex problems
- Sound business judgment skills (decision-making and problem solving)
- Experience with a FORTUNE® 500 company that’s 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.
What You’ll Receive
- Compensation – Candidates for this role can be hired at the Actuarial Assistant or Actuarial Associate level. Level and salary to be commensurate with exam progress.
- Assistant Level (1-3 Exams): Base salary ranging from $72,000 to $82,000 plus competitive performance-based incentives determined by company and individual results.
- Associate Level (4 Exams): Base salary ranging from $82,000 to $95,000 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.
Why join us?
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 proud to be one of the largest providers of annuities and life insurance in the U.S.* and recognized as one of the Healthiest Employers of Greater Charlotte by Healthiest Employers. We’re also honored to be named to Newsweek’s list of Most Trustworthy Companies in America.
- Ranked by 2022 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2023.
Salary : $72,000 - $95,000