Financial Analyst, Regulatory Reporting (Charlotte, NC (Hybrid) or Remote) (Charlotte, NC, US, 28277) - BrightHouseFinancial
Charlotte, NC
About the Job
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 Financial Analyst, you will work actively with peer and senior members of Brighthouse Financial’s Separate Accounts team to provide analytical and quantitative support of the company’s Separate Account activity and perform the preparation of related disclosures included in the company’s Form 10K, Form 10Q, Statutory quarterly and annual filings, and the registered insurance product filings with the SEC. The Financial Analyst will work with multiple administrative and accounting systems to ensure that all client activity in the Separate Accounts is properly accounted for. This person will research and resolve complex reconciliation breaks and will work with auditors, our Fund Management team, and our Statutory and GAAP Reporting teams, just to name a few, to help us achieve our goal of providing timely and accurate reporting for this block of business that is vital to the success of Brighthouse Financial.
In this role, you’ll get to:
- Perform daily, monthly, and quarterly variable annuity and life product reconciliations for the company’s Separate Accounts assets.
- Research and resolve reconciliation breaks resulting from policy admin system and general ledger feeds.
- Partner with various groups such as Financial systems IT, Controllers, and Policy Admin system TPAs to resolve reconciling items.
- Ensure proper accounting and reporting under US GAAP and Statutory basis of accounting is followed for the company’s Separate Accounts.
- Prepare quarterly and annual GAAP disclosures included in Form 10Q/K.
- Prepare SEC filings for registered separate accounts.
- Prepare NAIC annual statements for Separate Accounts (Green Books).
- Compile and present audit support for our internal and external auditors.
We’re looking for people who have:
- A bachelor’s degree in accounting or finance is preferred.
- A Minimum of 1 to 3 years GAAP or STAT accounting experience in the Financial or Insurance industry required.
- Investment Accounting or reporting experience preferred.
- Advanced Microsoft Excel skills (macros, pivot tables, and advanced formulas).
- Microsoft Access skills preferred.
- Experience with financial reporting systems and reporting tools.
- Ability and willingness to adapt to changing circumstances.
- Excellent quantitative reasoning, problem solving and analytical skills.
- Resourceful in searching for responses to questions and developing solutions.
- Ability to multi-task while maintaining careful attention to detail.
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 $60,000.00 to $70,000.00 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.
Travel:
None
Number of Openings:
1
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.