21 days old

Actuarial Research Strategist

Brighthouse Financial
Morristown, NJ 07960
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Req Id: 2842
Job location: Morristown, NJ, US, 07960

JOB LOCATION : Morristown, NJ

JOB TITLE : Actuarial Research Strategist


Candidate must have a Master's degree in actuarial science, statistics or mathematics and 2 years: actuarial experience; experience with GAAP and Statutory reserving, actuarial cash flow projection, capital modeling and developing actuarial assumptions; experience of programming with Python and R, and in using VBA and SQL; actuarial and financial modeling experience for annuity products; experience in data mining, statistical and predictive analytics. Must have experience: applying machine learning. algorithms into annuity insurance business; in using Prophet and Excel for modeling of annuity products. Fellowship of Society of Actuary, CFA, CERA designations required.


Develop and conduct experience studies on actuarial assumptions, including analyzing statistical data, such as mortality and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. Ascertain cash reserves and liabilities necessary to ensure payment of future benefits, including actuarial cash flow projection, GAAP/Statutory reserving and projection, Cash Flow projection and Testing, and Loss Recognition Test in support of cash flow management and capital modeling. Review and help administer insurance, annuity plans, determining financial soundness utilizing Annuity modeling with actuarial software, like Excel and Prophet, Help insurance companies to manage risks and maximize returns associated with investment products or credit offerings by providing expertise in both actuarial and investment to support research and analytics in Asset and Liability Management and hedging strategies, to Support capital optimization by modeling Economic Capital, Statutory Risk-Based Capital to determine equitable basis for distributing surplus earnings. Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public utilizing accounting and financial knowledge of Balance Sheet, Income Statement, and Cash Flow Sheet projection into financial planning Apply quantitative modeling with stochastic process and Monte Carlo simulations to support hedging strategy impact forecast. Apply predictive and statistical analytics and modeling in R and Python, including Survival analysis, classification and clustering analysis, linear and non-linear regression. Apply machine learning algorithms and techniques to improve insurance business. Support hedging analytics with data mining and cleansing in Excel (VBA), Python, SQL, and R. Practice sound governance around decision making and implementation of modeling tools, respond to internal/external audit and model risk management, and review with documentation and analysis.



Jobs Rated Reports for Actuary

Posted: 2020-09-29 Expires: 2020-10-30

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Actuarial Research Strategist

Brighthouse Financial
Morristown, NJ 07960

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10th2018 - Actuary
Overall Rating: 10/220
Median Salary: $100,610

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