Quantitative Analyst (Charlotte, NC (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 Quantitative Analyst, you’ll be responsible for supporting variable and fixed annuity asset liability management and risk assessment. This role reports to the AVP in variable annuity asset liability management with a focus on reporting, modeling, sensitivity analysis, project management, and documentation as a utility player. 

This position requires someone with strong quantitative skills who will play a key role in analyzing key risk sensitivities around ALM framework, support new and existing derivative management initiatives on the asset and liability products, analyzing big data processing, and reporting using MS Office, database and various programming languages. This person will also be a major contributor to the next generation VA hedging platform. This is a great opportunity for a derivatives expert to apply the expertise to challenges in the life insurance industry.

In this role, you’ll get to:

• Support hedging and risk management of variable annuities with living benefit riders (VA), fixed annuities (FA), and structured indexed annuities (SIA).
• Lead the development and maintenance of our Numerix derivatives analytic library.
• Perform hedge performance analysis and attribution reporting using Python, MS Office products, SQL, etc.
• Coordinate with business constituents in maintaining consistency in production process, implementation schedule, assumptions, modeling approach and regulatory and reporting changes.
• Derivative asset valuation in support of the reporting, hedging performance attribution, projection and risk measurement. 
• Lead the modeling and production process of scenario generators.
• Contribute to the next generation in-house VA hedging platform.
• Communicate results and analysis to senior staff and key internal stakeholders.

We’re looking for people who have: 

• 2-5 years related work experience with derivatives, assets, and liabilities.
• Good understanding of regulatory requirements applicable to the derivatives markets, and a broad knowledge of trading, operational, and risk management practices.
• Prior experience of quantitative and statistical modeling and analysis, focused on investments. 
• Understanding of fixed income securities, derivatives, insurance liabilities and risk management
• Expert in Numerix analytics library including CAIL and CAS.
• Experience with Python, R, SQL, Access, VBA, Aladdin and/or Bloomberg preferred.
• Strong interpersonal, oral, and written communication skills, positive attitude along with intellectual curiosity.
• Good project management skills.
• Can adjust work resources and deadlines in response to changing business priorities.
• 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 $100,000 to $125,000 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 one of the largest providers of annuities and life insurance in the U.S.,* and our commitment to being a great place to work has earned us recognition from Forbes as one of America’s Best Midsize Employers, from Newsweek as one of the Most Trustworthy Companies in America, and as one of the Healthiest Employers of Greater Charlotte.

* Ranked by 2023 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2024.