Sr. Director and Actuary (Morristown, NJ (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 a Sr. Director and Actuary, you’ll support variable and fixed annuity asset liability management and risk assessment. This role reports to the Head of Strategic Analysis with a focus on hedge strategy enhancement, modeling, risk analysis, and documentation. This individual will support the asset liability management team in creating tools to identify and measure the risk factors to earnings from product lines with embedded market risk. The individual will play a leading role in developing, improving, documenting hedge related analysis. The individual will require strong technical skill in model building, big data processing, analysis using MS Office, database and various programming language.

In This Role, You’ll Get To

Be a thought leader in hedging and risk management of variable annuities with living benefit riders (VA), fixed annuities (FA), and structured indexed annuities (SIA), IUL, through hedge strategy enhancement, capital and reserve determination, as well as product design and pricing. Create and maintain models/tools which can perform business analysis with quick turnaround.Identify and measure the impact to hedging program from risk factors, including but not limited to actuarial, market, regulatory change. Propose enhancement and alteration to hedge procedure, instrument selection and hedge target based on risk analysis. Improve attribution analysis with the focus to improve hedge effectiveness.Document modeling approach, assumptions and core results. Coordinate with business constituents in maintaining consistency in production process, implementation schedule, assumptions, modeling approach and regulatory and reporting

We’re Looking For People Who Have

Degree in mathematics or statistics, or actuarial scienceFellowship of Society of ActuariesStrong computing and programming skills with experience in Python, c/c++, Matlab, VBA, SQL, etc.Deep knowledge base on VA business, reporting and hedging. Adaptable to business prioritiesStrong communication skills

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 – Base salary ranging from $180,000 - $220,000 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 during those company-wide and department-wide events to help you strengthen connections across the company.

Why join us?

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.

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/.

We’re proud to be a Fortune® 500 company** and recognized as one of the Healthiest Employers of Greater Charlotte by the Charlotte Business Journal. We’re also honored to be named to Newsweek’s list of Most Trustworthy Companies in America.

Ranked by 2022 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2023. From FORTUNE © 2023 Fortune Media IP Limited. All rights reserved. Used under license. FORTUNE and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Brighthouse Financial.