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Lead Quantitative Analyst

Req Id:  3021
Job Location: 

Morristown, NJ, US, 07960

Brighthouse Financial is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S., we specialize in products designed to help people protect what they’ve earned and ensure it lasts. We are built on a foundation of experience and knowledge, which allows us to keep our promises and provide the value they deserve.


At Brighthouse Financial, we’re fostering a culture where diverse backgrounds and experiences are celebrated, and different ideas are heard and respected. We believe that by creating an inclusive workplace, we’re better able to attract and retain our talent, provide valuable solutions that meet the needs of our advisors and their clients, and deliver on our mission of helping more people achieve financial security. We’re seeking passionate, high-performing team member to join us. 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), and structured indexed annuities (SIA).
  • Build and enhance analysis tool and tool package to identify and measure risk factors in various stages of the risk management
  • Research and implement various run-time-reduction techniques for projection models
  • Implement POC models using programming language for production quality and speed
  • Review and enhance data flow and process efficiency
  • Build strong working relationship with constituents in and outside of the team


Essential Business Experience and Technical Skills:

  • A degree in a technical or quantitative discipline such as statistics, mathematics, physics, or computer science with strong academic record, demonstrated analytical problem-solving skill and experience tackling in-depth research projects
  • Strong computing and programming skills with experience in Python (strongly preferred), SQL, MATLAB, R, C++, etc.
  • Strong knowledge and 5+ years' work experience in several of the following areas: PDEs, time-series analysis, statistical estimation, Monte Carlo methods, Bayesian techniques, risk factor models, linear/non-linear programming and optimal control, general machine learning methods      
  • Desirable attributes: solid organizational skill, creativity, strong communication skills, attention to detail, innate curiosity and resourcefulness, time management
  • A plus:
    • Experience with PathWise
    • Fellowship or Associate of Society of Actuaries
    • People management experience
    • Numerix tools
    • high-performance, multi-threaded, application development
    • 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
    • deep neural nets and reinforcement learning


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

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