Managing Actuary (Charlotte, NC (Hybrid) or Morristown, NJ (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 Managing Actuary you’ll be responsible for implementing and monitoring Prophet model changes pertaining to the VA 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:

• Develop Prophet models for existing VA products. Involvement encompasses creating and building, updating, enhancing, running, and validating the models
• Analyze model results, including: reconciling and attributing changes, communicating results to management, and creating detailed documentation 
• Implement and test new software releases, library updates, new products, new regulatory requirements, and shared table changes in the Prophet environment
• Optimize models to follow coding standards and improve performance
• Stage model inputs using data conversion systems
• Delegate tasks to, organize, mentor, and motivate a team of talented model developers
• Foster a culture of continuous feedback and improvement
• Work with the Director of VA Modeling to plan and execute projects

We’re looking for people who have: 

• Associate of the Society of Actuaries (ASA) designation required, FSA designation advantageous
• 5+ years of actuarial experience in an insurance company, consulting, or software company setting
• 5+ 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
• Strong written and oral communication skills
• Conceptual and analytical skills to develop solutions to complex problems

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 $125,000 to $140,000 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 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 the Charlotte Business Journal. 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.