Actuarial Assistant - Modeling (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 Actuarial Assistant, you’ll be responsible for implementing and monitoring Prophet model changes pertaining to the Variable Annuity (VA) Product and Asset Liability Strategy (ALS), using best-in-class modeling standards within the Cash Flow testing (CFT) team. This is an Actuarial Development Program position reporting to the VA CFT Managing Actuary. 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:

• Implement Prophet modeling solutions by utilizing product knowledge, studying existing models, and analyzing business requirements.
• Analyze model results, including reconciling and attributing changes, communicating results to management, and creating detailed documentation
• Implement and test new software releases, new products, library updates, 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 and/or Alteryx.
• Collaborate with key stakeholders across Cash Flow Testing, Valuation teams and Projection teams.

 

We’re looking for people who have:

• Bachelor’s degree in mathematics, Statistics, Actuarial Science or related discipline
• At least 1 actuarial exam for the Society of Actuaries
• Strong programming skills
• Strong written and oral communication skills
• The ability to work with others in a team environment
• Conceptual and analytical skills to develop solutions to complex problems
• Sound business judgment skills (decision-making and problem solving)

 

What you’ll gain from the Brighthouse Actuarial Development Program:

• Experience with a FORTUNE® 500 company that’s one of the largest annuity and life insurance providers in the U.S.
• Study materials, study time, and exam fees paid for by Brighthouse Financial.
• Direct exposure to leaders, mentors, and learning opportunities.
• 24-month rotational work assignments to promote career growth.
• Automatic salary increases with each passed exam.

 

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 – Candidates for this role can be hired at the Actuarial Assistant or Actuarial Associate level. Level and salary to be commensurate with exam progress.
  • Assistant Level (1-3 Exams): Base salary ranging from $72,000 to $82,000 plus competitive performance-based incentives determined by company and individual results.
  • Associate Level (4+ Exams): Base salary ranging from $82,000 to $95,000 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 du