Share this Job

Director & Actuary

Req Id:  2951
Job Location: 

Morristown, NJ, US, 07960

Brighthouse Financial is on a mission to help people achieve financial security. Built on a foundation of industry knowledge and experience, we specialize in offering essential annuity and life insurance products designed to help customers protect what they’ve earned and ensure it lasts more predictably. In an industry that often has a reputation for complexity, confusion, and cost, Brighthouse Financial is different. Our approach includes simplicity, transparency, and more value so customers can face the future with confidence.


Brighthouse Financial is seeking passionate, high-performing team members to help us carry out our mission and be part of an exciting journey toward improving the financial futures of our millions of customers. Sound like you? Read on.


How this Role Contributes to Brighthouse Financial:

This position supports variable annuity asset liability management strategy and corporate development. This role reports to the Head of Strategic Analysis with a focus on actuarial and financial modeling, sensitivity analysis, pro-forma projection and big data analysis as a researcher to support risk and capital management strategy development. This individual will support the Strategical Analysis team in building analytic tools, identify and measure the key risk factors and prototype analysis and reporting package. The individual will play a leading role in developing and improving the ever-evolving hedge related reporting and analysis. The individual will require strong technical skill in analysis and reporting using MS Office, database and big data processing using Python and other programming language.


Work Location:

To protect the health and safety of our employees, our offices are closed until at least September 2021. When our offices reopen, the individual hired for this role will be based in our Morristown, NJ office.


Key Responsibilities:

  • Support the hedging and risk management of variable annuities with living benefit riders (VA), fixed annuities (FA), structured annuities (SIA).
  • Be responsible for building and enhancing analysis tool and tool package to identify and measure risk factors in various stages of the risk management.
  • Build, maintain and troubleshoot actuarial and derivatives models for stochastic and SOS projection
  • Be agile and versatile in solving risk management issues under real time circumstances, using quantitative analysis tool and concept.
  • Familiar with all reporting metrics that govern a public insurance company and keen in understanding and responding to the impact of regulation and reporting changes on capital and risk management.
  • Work closely with various constituents, including pricing and product development, valuation, experience study, investment, derivative trading, capital management, etc.
  • Build strong working relationships with team members as well as with technology teams and business clients.


Essential Business Experience and Technical Skills:

  • Degree in mathematics or statistics, or actuarial science
  • Associate of the Society of Actuaries (ASA) designation required; FSA designation advantageous
  • 7+ years of actuarial experience with a solid understanding of hedging and risk management
  • Strong computing and programming skills with experience in Python (strongly preferred), SQL, MATLAB, VBA, C++, etc.
  • Experience with PathWise a plus
  • Experience with big data analysis a plus       
  • Strong communication skills
  • Positive attitude with an eagerness to learn
  • Can adjust work resources and deadlines in response to changing business priorities


Our Benefits:

  • Time Off: Minimum of 20 days of paid time off and 13 paid company holidays per full calendar year, plus paid volunteer time
  • Financial Benefits: 401(k) savings plan with up to a 6% annual match and 3% annual company nondiscretionary contribution of eligible compensation, annual incentive plan, and employee stock purchase plan
  • Family Focus: Up to 16 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, and adoption and surrogacy assistance
  • Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with potential company contributions up to $1,000 per family
  • Wellness Programs: Wellness incentive platform, employee assistance program, financial counseling services, fitness center discounts and more
  • Life & Disability Benefits: Company-paid basic life insurance and short-term disability


Nearest Major Market: New Jersey

Job Segment: Actuarial, Risk Management, Liability, Accounting, Database, Insurance, Finance, Technology