• Job Description

  Req#: 5581

  Where you’ll work:
  Our flexible, hybrid work model offers the option to work remotely or in the office.

  How you’ll contribute:
  This position is responsible for performing accounting reconciliations and preparing financial disclosures for the company’s fixed maturity and equity securities investment portfolio. The key responsibilities include participating in the monthly accounting close process and preparing schedules and related disclosures included in the Company’s Form 10Q/Ks and Statutory quarterly and annual filings.
  
  

  In this role, you’ll get to:

  • Prepare balance sheet and income statement reconciliations for fixed maturity and equity securities between the general ledger and the data warehouse
  • Review and post journal entries provided by the accounting vendor
  • Responsible for working with the accounting vendor to ensure correct accounting is generated and resolve any discrepancies
  • Prepare investment disclosures in the 10-K, 10-Q, QFS, and stand-alone audited financial statements on a GAAP & Statutory basis
  • Prepare management reporting to support CIO and Earnings Call deliverables
  • Prepare/review the quarterly pricing analysis to ensure that the valuation of is consistent with the company’s stated policy and current accounting standards and guidelines
  • Analyze and validate data from internal and external sources.
  • Review the investment portfolio on a quarterly basis and evaluate for potential impairments on a STAT and GAAP basis and work closely with the members of the Impairment Committee and Asset Managers to determine impairment amounts
  • Proactive in developing new analysis to detect and prevent misstatements in financial results
  • Respond to questions from external and internal auditors, front office and financial reporting teams
  • assist in implement new accounting pronouncements or disclosure requirements
  • Other tasks as needed.

  We’re looking for people who have:

  • Bachelor’s degree in Accounting, Finance or other related fields
  • 3+ years of Investment Accounting experience in the insurance or finance industries preferred
  • Knowledge of GAAP & Statutory accounting for Investments preferred
  • Advanced Microsoft Excel skills (macros, pivot tables and advanced formulas)
  • Self-motivated and eager to learn with limited guidance
  • Intermediate data management skills
  • Excellent oral and written communication skills
  • Strong analytical thinker with the ability to solve complicated transactions
  • Continuously look for opportunities to improve and innovate processes
  • Experience with financial reporting systems (SAP preferred)
  • Ability to effectively work with professionals across the organization, with diverse backgrounds and experience

  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 $80,000 - $90,000 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.
  

• About the company

  Brighthouse Financial, Inc. 6 million insurance policies and annuity contracts in-force.

Notice