Financial Analyst, Regulatory Reporting (Charlotte, NC (Hybrid) or Remote)

About the Role

Our flexible, hybrid work model offers the option to work remotely or in the office. 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. You will 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 role involves researching and resolving complex reconciliation breaks and collaborating with auditors, the Fund Management team, and the Statutory and GAAP Reporting teams to provide timely and accurate reporting for this vital block of business.

Responsibilities

• 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 internal and external auditors.

Requirements

• A bachelor’s degree in accounting or finance is preferred.
• Minimum 1-3 years of 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.

Benefits

• Compensation: Base salary ranging from $65,000.00 to $75,000.00 plus competitive performance-based incentives determined by company and individual results.
• Flexible Work Environment: Work remotely or in the office.
• Paid Time Off: 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: 401(k) savings plan with company match (up to 6%), annual company nondiscretionary contribution (3%), and financial counseling services.
• Health and Wellness: Competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
• Family Support: 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 for adoption, infertility, or surrogacy journeys.
• Life and Disability Support: 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.

About the Company

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., specializing 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.