Leader of GA Liability Management - Liability Modeling & CFT- (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 the Leader of General Account Liability Management, you’ll be responsible for all aspects of liability modeling for ALM purposes as well as Cash Flow Testing purposes, in addition to having the responsibility for the combining of liability and asset cash flows. This role will be a member of the ALM working group and will have responsibility for production and analytics of management metrics for the general account. Reporting directly to the Head of Liability Management, this individual will provide insights and strategic advice on asset-liability management (ALM) across all products.
In this role, you’ll get to:
- Direct the team for annual Cash Flow Testing, working closely with the Appointed Actuary to provide output and analysis of asset and liability cash flows
- Track and review MAR controls for the models and output
- Provide guidance and analysis for the ALM working group. Be an active leader of the group as the liability expert
- Business owner of the general account ALM models
- Collaborate with Modeling, Projections, VA ALM, and others to support the organization’s broader strategic objectives
We’re looking for people who have:
- Demonstrated a consistent trajectory of growth and increased responsibility within actuarial departments.
- FSA designation, reflecting a high level of technical expertise
- 10+ years of experience in insurance, actuarial modeling, or ALM, with at least 3 years in a leadership role.
- Strong understanding of insurance liabilities and asset-liability management (ALM) strategies, with working knowledge of cash flow testing methodologies.
- Experience with software such Prophet, Pathwise, etc.
- Knowledge of ALM metrics and Asset modeling; Knowledge of Annuity and Life insurance product mechanics
- Strong analytical, written and oral communication, and stakeholder management skills; ability to convey technical concepts to non-technical audiences
- Strong interpersonal and project/people management skills
People you’ll work with:
- Direct Reports/Team: 3 Direct Reports/ 15 person Team
- Other Key Stakeholders: Modeling, Projections, VA ALM
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 $190,000 - $215,000 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 25 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.
Nearest Major Market: Charlotte
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