Job Description

Where you’ll work:

Our flexible, hybrid work model offers the option to work remotely or in the office.

How you’ll contribute:

As the Appointed Actuary, you’ll be responsible for assessing the asset adequacy for Brighthouse Financial’s operating companies. This senior leadership role reports directly to the Chief Actuary and serves as a critical steward of the organization’s financial strength, providing independent actuarial opinions, leading regulatory engagement, and shaping strategic risk management across complex products and investment portfolios. The role plays a pivotal part in ensuring the company’s long-term financial stability, influencing enterprise-wide decisions, and maintaining the confidence of regulators, rating agencies, and key stakeholders.

In this role, you’ll get to:

• Serve as the Appointed Actuary for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, New England Life Insurance Company, and Brighthouse Reinsurance Company of Delaware; attesting to the statutory reserves and asset adequacy of each company
• Collaborate with the Cash Flow Testing team to ensure asset adequacy analysis is consistently performed in a timely, well-governed process
• Work closely with Valuation and Experience Studies teams to establish appropriate best estimate assumptions and provisions for adverse deviation
• Prepare and present actuarial materials to senior management and the Board of Directors, translating technical analysis into clear business insights
• Build strong, credible, trusted relationships with regulators and auditors, serving as the key point of contact on actuarial matters
• Lead the engagement with industry groups, such as ACLI, LICONY, and the SOA on emerging actuarial issues
• Develop and communicate company strategy on relevant emerging actuarial issues
• Provide guidance and thought leadership to internal working groups, including GA ALM, Hedging, Reinsurance, and Experience Studies

We’re looking for people who have:

• FSA and MAAA with 10+ years of industry experience
• At least 3 years of experience serving as an appointed actuary
• Experience in valuation and/or ALM roles
• Deep expertise in asset adequacy testing, VM-30, statutory valuation, and cash flow modeling
• Strong understanding of life insurance and annuity products
• Proven experience interacting with senior management, regulators, auditors, rating agencies, and Boards
• Exceptional interpersonal skills to build strong partnerships and influence stakeholders
• Ability to translate technical concepts to non-technical audiences
• Confidence in making decisions, utilizing all available information and considering downstream impacts

People you’ll work with:

• Direct Reports/Team The Appointed Actuary will report to the Chief Actuary
• Other Key Stakeholders Cash Flow Testing, Actuarial Modeling, Valuation, GA ALM, Hedging, Experience Studies, Investments, Risk, Government Relations, Reinsurance

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 –Total compensation ranging from $400,000 - $600,000 inclusive of base salary and 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 25 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 our401(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.

Travel:

Up to 10%

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 one of the largest providers of annuities and life insurance in the U.S.* 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.