Position: Head of Strategic Actuarial Initiatives - Brighthouse Financial
Job Location: Charlotte, NC
: The Head of Strategic Actuarial Initiatives role is a new position being created for managing the strategic initiatives associated with minimizing the risk and maximizing the cash flows related to the inforce business of Brighthouse, part of the separation of the U.S. Retail business as a standalone company with US$200 billion plus of assets and capitalization of US$10 billion plus. This position will manage and oversee all aspects of the initiative workstreams focused on the inforce business. He or she will also have responsibility for managing the individual who will be the industry liaison monitoring emerging accounting, actuarial and business developments that may potentially impact the new company.
MetLife, through our subsidiaries and affiliates, is one of the largest life insurance companies in the world. Founded in 1868, we are a global provider of life insurance, annuities, employee benefits and asset management. Our employees serve approximately 100 million customers, individuals and businesses, including over 90 of the FORTUNE 100®.
We are ranked #40 on the Fortune 500 list and #48 on the Forbes Global 500 list. We have operations in nearly 50 countries, and hold leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. We are also one of the largest institutional investors in the U.S. with an over $500 billion general account portfolio as of December 31, 2015.
In 2015, FORTUNE Magazine’s World’s Most Admired Company survey named us #1 in the Life and Health Insurance industry. In 2016, we were named to the Dow Jones Sustainability Index (DJSI) for the first time. DJSI is a global index to track the leading sustainability-driven companies.
While we have tremendous respect for the past, we are a company firmly focused on the future. To adapt to a changing world, we are undergoing one of the most dramatic transformations in our history to reinvent how we do business so we can thrive in any environment. We are moving away from a traditional product-development model to one driven by customer insights. We are challenging historical norms by humanizing our industry and designing every customer experience to reflect the modern company we’re becoming. Our goal in everything we do is to offer customers truly differentiated value propositions that allow us to establish clear competitive advantages. We pride ourselves on being a trusted partner to our customers as they navigate life’s twists and turns.
At the center of our business strategy is a commitment to One MetLife – collaborating, sharing best practices, and recruiting, developing and retaining the best talent in the industry. We live by our values: Put Customers First, Be the Best, Make Things Easier, and Succeed Together. They guide how we operate every day.
In January 2016, MetLife announced a plan to pursue separation of a substantial portion of its U.S. Retail segment. The new company would represent, as of September 30, 2015, approximately 20% of the operating earnings of MetLife and 50% of the operating earnings of MetLife’s U.S. Retail Segment. The new company would have approximately $240 billion of total assets with its largest operating company, MetLife USA being one of the largest life insurers in the U.S. with GAAP equity of approx. $12 billion as of September 30, 2015, similar in size to Lincoln Financial.
The new company will be focused on securing clients’ financial futures by providing the best value, advice based solutions. Building upon the current U.S. Retail culture, the new company will be guided and operated by a common set of values that will focus on accountability, external and customer focus, collaboration and a strong focus and discipline on cost management.
MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
MetLife maintains a drug-free workplace.
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