About this role
<p><strong>Where you’ll work:</strong></p> <p>Our flexible, hybrid work model offers the option to work remotely or in the office.</p> <p><strong> </strong></p> <p><strong>How you’ll contribute: </strong></p> <p>As an Actuarial Associate, you’ll be responsible for deliverables related to our variable annuities and flagship registered-index-linked annuity product, Shield. This position supports the Liability Analysis and Services team and is responsible for production and analysis that informs hedging-related reporting, attribution, and strategy.</p> <p> </p> <p><strong>In this role, you’ll get to:</strong></p> <ul> <li>Own the monthly production of asset results for variable annuities and Shield products in the PathWise environment; support the production of attribution results, sensitivity grids, and ad hoc runs.</li> <li>Conduct hedging analysis, including sensitivity testing, attribution, and forward-looking estimation for variable annuities and our flagship registered-index-linked annuity product, Shield.</li> <li>Identify, measure, and propose solutions to enhance hedge strategy; review hedge performance.</li> <li>Develop deep expertise in our asset and liability models; perform model updates, testing, review, and investigation as needed.</li> <li>Analyze drivers of results and communicate insights to management.</li> <li>Create and improve analytical tools and processes to enhance efficiency.</li> <li>Coordinate with stakeholders to maintain consistency in production processes and deliverable schedules, assumptions, and modeling methodologies; stay up to date on regulatory and reporting changes.</li> <li>Partner with the model development team to request, document, and approve model changes and to improve processes that enhance efficiency.</li> <li>Work with the Leader of Hedging Liability Analysis to prioritize, plan, and execute projects.</li> </ul> <p><strong> </strong></p> <p><strong>We’re looking for people who have: </strong></p> <ul> <li>Bachelor’s degree in mathematics, Actuarial Science, Statistics, Economics, Computer Science or Finance.</li> <li>Recently credentialed ASA or actively pursuing ASA completion.</li> <li>3 years of actuarial experience preferred.</li> <li>Variable Annuity and RILA product knowledge preferred.</li> <li>Asset modeling experience preferred.</li> <li>Computing and programming skills; Python preferred.</li> <li>Experience with SQL database queries preferred.</li> <li>Experience with actuarial modeling software; PathWise preferred.</li> <li>Proficiency in MS Office (Excel, Word, and PowerPoint).</li> <li>Project management skills; detail- and process-oriented.</li> <li>Effective written and verbal communication skills.</li> <li>Conceptual and analytical skills to develop solutions to complex problems.</li> </ul> <ul> <li>Ability to adapt to changing business priorities and deadlines.</li> </ul> <p> </p> <p><strong> </strong></p> <p><strong>What you’ll gain from the Brighthouse Actuarial Development Program:</strong></p> <ul> <li>Experience with one of the largest annuity and life insurance providers in the U.S.</li> <li>Study materials, study time, and exam fees paid for by Brighthouse Financial.</li> <li>Direct exposure to leaders, mentors, and learning opportunities.</li> <li>24-month rotational work assignments to promote career growth.</li> <li>Automatic salary increases with each exam passed.</li> </ul> <p> </p> <p>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.</p> <p> </p> <p><strong>What you’ll receive:</strong></p> <ul> <li><strong>Compensation –<em> </em></strong>Level and salary to be commensurate with exam progress<strong><em>. </em></strong> <ul style="list-style-type:circle"> <li><strong>Associate Level (4+ Exams)</strong>: Base salary ranging from $84,000 to $98,000 plus competitive performance-based incentives determined by company and individual results.</li> <li><strong>Senior Associate Level (ASA)</strong><strong><em>: </em></strong>Base salary ranging from $100 to $125,000 plus competitive performance-based incentives determined by company and individual results.</li> </ul> </li> <li><strong>Flexible Work Environment –<em> </em></strong>Work remotely or in the office to better thrive in all areas of life.</li> <li><strong>Paid Time Off –</strong> 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.</li> <li><strong>Financial Health – </strong>Work toward achieving your financial goals through our<strong> </strong>401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), and financial counseling services.</li> <li><strong>Health and Wellness – </strong>Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.</li> <li><strong>Family Support –<em> </em></strong>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.</li> <li><strong>Life and Disability Support –</strong> Gain access to company-paid basic life insurance and short-term disability insurance.</li> </ul> <p> </p> <p>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.</p> <p> </p> <p><strong>Why join us?</strong></p> <p>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.</p> <p> </p> <p>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/.</p> <p> </p> <p>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 as one of America’s Most Trustworthy Companies by Newsweek and, locally, one of the Healthiest Employers of Greater Charlotte.</p> <p> </p> <p>*Ranked by 2024 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2025.</p>