Manager, Actuarial Consultant (Charlotte, NC (Hybrid) or Remote)

Brighthouse Financial • Charlotte, NC

5d • $135,000 - $155,000 • Hybrid

About The Position

As a Manager - Actuarial Consultant, you'll be responsible for driving your team, supporting the Deferred Annuity financial reporting team. You will be responsible for enhancing the future state production process for VM-21, Variable Annuity (VA), Shield (RILA) and Fixed Deferred Annuity (FA) valuation models. This individual will work across departments, such as model development, annuity pricing and IT to ensure enhancements and maintenance of the model are implemented accurately.

Requirements

• Bachelor's degree in mathematics, Statistics, Computer Science, Actuarial Science or related fields.
• ASA designation with Society of Actuaries is required. FSA is preferred.
• 5+ years of relevant work experience in the related field.
• Strong analytical, problem solving, and communication skills.
• Experience in Deferred Annuity products and actuarial valuation principles is required.
• Positive attitude and ability to work with others in a team environment.
• Able to balance multiple projects and adjust well to shifting project priorities.

Nice To Haves

• FSA is preferred.
• Exposure to any modern actuarial software (Prophet, MG ALFA, etc.) a plus.
• Experience in validating actuarial valuation models for Deferred Annuity products, ensuring accuracy, compliance, and adherence to model governance standards a huge plus.

Responsibilities

• Develop tools and spreadsheets to support analysis on reserve movements.
• Support the model development team to aid with enhancements and maintenance of Deferred Annuity Prophet models.
• Partner with annuity pricing team for implementation of new products.
• Create and maintain strong documentation on testing results, decisions made, and new processes implemented.
• Respond to requests from risk, internal audit, and external audit on the Prophet models.
• Manage an actuarial student in a collaborative culture and support actuarial exam progress.

Benefits

• Base salary ranging from $135,000 - $155,000 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1,001-5,000 employees