Director & Actuary - Annuities Modeling (Charlotte, NC (Hybrid) or Remote)

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 Director & Actuary you’ll be responsible for implementing and monitoring Prophet model changes pertaining to the Variable Annuity products, using best-in-class modeling standards. 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:

• Design and implement Prophet annuity modeling solutions by utilizing product knowledge, studying existing models, and analyzing business requirements.
• Delegate tasks to, organize, mentor, and motivate a team of talented model developers.
• Provide training, modeling guidance and best practices to modeling team.
• Foster a culture of continuous feedback and improvement.
• Work with the Leader of VA & Shield Modeling to plan and execute projects.
• Review model development deliverables regularly
• Implement and test new software releases, library updates, new products, product enhancements, and new regulatory requirements in Prophet.
• Maintain relationships with software vendors, consultants, and internal annuity modeling clients.
• Direct partners across IT and finance in model automation and testing

We’re looking for people who have:

• Associate of the Society of Actuaries (ASA) designation required, FSA designation advantageous.
• 7+ years of actuarial experience in an insurance company, consulting, or software company setting.
• 2+ years’ experience in actuarial modeling design and development
• 2+ years of Prophet Professional model development strongly preferred; familiarity with the US 360 and/or ALS libraries advantageous.
• Significant product knowledge to understand modeling requirements for Life or Annuity products.
• Strong project management skills
• Strong written and oral communication skills
• Conceptual and analytical skills to develop solutions to complex problems.
• Sound business judgment skills (decision-making and problem solving)

Research shows some people may not apply for a role if they don’t check all the boxes of a job description. If you don’t check every box listed, that’s okay. We would love to hear from you.

What you’ll receive:

• Compensation – Base salary ranging from $160,000 - $180,000 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.

The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We’d love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

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 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.