About The Position

As a Financial Analyst, you will work actively with peer and senior members of Brighthouse Financial’s Separate Accounts team to provide analytical and quantitative support of the company’s Separate Account activity and perform the preparation of related disclosures included in the company’s Form 10K, Form 10Q, Statutory quarterly and annual filings, and the registered insurance product filings with the SEC. The Financial Analyst will work with multiple administrative and accounting systems to ensure that all client activity in the Separate Accounts is properly accounted for. This person will research and resolve complex reconciliation breaks and will work with auditors, our Fund Management team, and our Statutory and GAAP Reporting teams, just to name a few, to help us achieve our goal of providing timely and accurate reporting for this block of business that is vital to the success of Brighthouse Financial.

Requirements

  • A bachelor’s degree in accounting or finance is preferred.
  • Minimum 1-3 years GAAP or STAT accounting experience in the Financial or Insurance industry required.
  • Investment Accounting or reporting experience preferred.
  • Advanced Microsoft Excel skills (macros, pivot tables, and advanced formulas).
  • Microsoft Access skills preferred.
  • Experience with financial reporting systems and reporting tools.
  • Ability and willingness to adapt to changing circumstances.
  • Excellent quantitative reasoning, problem solving and analytical skills.
  • Resourceful in searching for responses to questions and developing solutions.
  • Ability to multi-task while maintaining careful attention to detail.

Responsibilities

  • Perform daily, monthly, and quarterly variable annuity and life product reconciliations for the company’s Separate Accounts assets.
  • Research and resolve reconciliation breaks resulting from policy admin system and general ledger feeds.
  • Partner with various groups such as Financial systems IT, Controllers, and Policy Admin system TPAs to resolve reconciling items.
  • Ensure proper accounting and reporting under US GAAP and Statutory basis of accounting is followed for the company’s Separate Accounts.
  • Prepare quarterly and annual GAAP disclosures included in Form 10Q/K.
  • Prepare SEC filings for registered separate accounts.
  • Prepare NAIC annual statements for Separate Accounts (Green Books).
  • Compile and present audit support for our internal and external auditors.

Benefits

  • Base salary ranging from $65,000.00 to $75,000.00 plus competitive performance-based incentives determined by company and individual results.
  • Work remotely or in the office to better thrive in all areas of life.
  • 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.
  • Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%), annual company nondiscretionary contribution (3%), and financial counseling services.
  • Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
  • 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.
  • Gain access to company-paid basic life insurance and short-term disability insurance.
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