[ 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 Director & Actuary, you'll be responsible for producing and analyzing cash flow testing results for products subject to VM-21 (Variable Annuities Principal Based Reserves VA PBR). This individual will set the strategy for developing robust projection models, controls, and processes to facilitate the analysis of cash flow risks and modeled financial statements for statutory asset adequacy analysis. This individual will work with a variety of teams including investments, pricing, valuation, IT and hedging to continually refine all aspects of cash flow testing including reconciliations to reported financial statements. He/she will manage all financial reporting responsibilities relevant to regulatory asset adequacy analysis for these product lines.

This person will also be responsible for preparing and presenting general account liability duration results to the Asset Liability Management (ALM) Working Group for VA and Shield products, and reconciling cash flows to CFT model.

In this role, you'll get to:

• Engage with pricing to implement product, pricing strategy, or hedging strategy updates within the projections model.
• Collaborate with other Margin Analysis Leads to produce a consistent presentation of results.
• Lead analysis of CFT model validations, attributions, results, and sensitivities for VM-21 products.
• Lead analysis of VA and Shield ALM liability duration changes.
• Complete year-end submissions of Secondary Memoranda, Exhibits, and related Schedules.
• Recommend appropriate assumptions and methodology to the Appointed Actuary.
• Develop process and model enhancements, working with Model Stewards and Actuarial.
• Proactively engage with business partners to vet existing assumptions, methods, or procedures.
• Ensure controls are appropriate and completed successfully each reporting cycle.
• Attend industry meetings regarding NAIC Valuation Manual changes and remain up-to-date on current standards of practice relevant for asset adequacy analysis.
• Maintain strong documentation on modeling processes, improvements, and analysis.

We're looking for people who have:

• 5-10 years of experience with increasing responsibilities within an actuarial department.
• Strong interpersonal and project/people management skills.
• Experience in valuation, pricing, or cash flow testing.
• Knowledge of Statutory valuation and Statutory financial statements.
• Knowledge of Variable Annuity-type products.
• Strong written and oral communication skills; ability to convey technical concepts to non-technical audiences and regulators.
• Must have strong ability to make decisions; ability to consider multiple aspects while making business decisions.
• Fellow of the Society of Actuaries (FSA) is strongly preferred.

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 $150,000 to $170,000 plus competitive performance-based incentives determined by company and individual results.
• Flexible Work Environment - Work remote or occasionally 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 reimbursement 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.

Key Relationships:

• Reports to: Appointed Actuary
• Direct Reports: Two Actuarial Development Program associates
• Other Key Stakeholders: Margin Analysis Leads, Valuation Leads, Experience Studies, Model Steward team, Financial Projections team

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 and create space for people to 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 Charlotte's Healthiest Employers by the Charlotte Business Journal. We're also honored to be named to Newsweek's inaugural list of America's Most Trustworthy Companies.

*Ranked by 2021 admitted assets. Best's Review®: Top 200 U.S. Life/Health Insurers. A.M. Best, 2022.
**From FORTUNE © 2022 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. ]