Bright House Financial, LLC

Senior Financial Analyst - Expense Allocations (Charlotte, NC (Hybrid) or Remote)

Bright House Financial, LLC • $80K — $90K *
Charlotte, NC 28269Hybrid
Finance & Insurance
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 2+ years of relevant financial analysis experience.
  • Bachelor's degree in Finance or Accounting preferred.
  • Proficient in Excel with skills in pivots, index matches, and vlookups.
  • Experience with SAP, BPC, PaPM, and Analysis for Office preferred.
  • Strong business analytical skills with attention to detail.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple tasks and deadlines effectively.

Responsibilities

  • Develop and maintain complex financial models for expense prorates.
  • Perform monthly maintenance and review of financial prorates in SAP.
  • Analyze monthly allocation results, researching anomalies.
  • Prepare quarterly statutory expense ratios and conduct peer comparisons.
  • Compile and interpret financial reports and data from various sources.
  • Document processes and improve internal controls, ensuring SOX compliance.
  • Manage ad-hoc requests and contribute to special projects.

Benefits

  • Flexible work arrangement allowing remote or in-office options.
  • Minimum of 20 days of paid time off plus 16 paid holidays each year.
  • 401(k) plan with company matching and annual contributions.
  • Comprehensive health, vision, and dental insurance plans.
  • Up to 16 weeks of paid leave for new parents and additional family support programs.
Full Job Description
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 Senior Financial Analyst, you'll be responsible primarily for expense allocations, statutory expense reporting and peer review analysis. Additional responsibilities include preparing monthly, quarterly and annual reports and delivering relevant financial analysis. Interact with various teams within the organization, answering questions and providing information accurately, using sound judgement to make effective decisions. Approximately 25% of the role is dedicated to ad-hoc requests and project-based work.

In this role, you'll get to:
  • Develop and maintain financial models with multiple inputs from financial systems to calculate expense prorates across legal entities and products.
  • Monthly maintenance of prorates, reviewing submitted changes, compiling and loading prorates in SAP and validating system allocated results.
  • Review monthly allocation results for unallocated balances and perform research on identified anomalies.
  • Quarterly preparation of statutory expense ratio for actuals and forecasts along with peer analysis utilizing statutory financials to provide a comprehensive view of our performance relative to the industry.
  • Prepare financial reports from multiple sources; compile databases and formulate spreadsheets; interpret trends and analyze results.
  • Document processes, procedures, and metrics. Identify, implement, and/or strengthen internal controls in existing/new processes.
  • Maintain a sound internal control environment in compliance with Sarbanes-Oxley (SOX) surrounding expense allocations.
  • Expand or modify existing processes to improve efficiency.
  • Special projects and ad-hoc analysis as needed.


We're looking for people who have:
  • Effective business analytical abilities, attention to detail and organizational skills.
  • Highly proficient in Excel to perform pivots, index matches, vlookups as required.
  • Experience working with SAP, BPC, PaPM and Analysis for Office is preferred, but not required.
  • Ability to handle multiple tasks and deadlines.
  • Excellent verbal, written and interpersonal communication skills.
  • Ability to work effectively as part of a team as well as independently.
  • Proactive work style.
  • 2+ years of related work experience.
  • BA/BS degree, preferably in Finance or Accounting.


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 to $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 our401(k) savings plan with company match (up to 6%), annual company nondiscretionary contribution (3%), 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.

About Bright House Financial, LLC

Brighthouse Financial offers annuities and life insurance that help protect what people have earned and ensure it lasts. The company is built on a foundation of experience and knowledge, which enables it to provide the value the customers deserve. The company has over $200 billion in total assets, more than 2 million customers, and approximately 2.5 million annuity contracts and insurance policies in force. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Brighthouse Financial was founded in 2017 and is headquartered in Charlotte, North Carolina.

Bright House Financial, LLC Careers

Join the dynamic team at Bright House Financial, LLC, a premier financial services provider where innovation meets expert financial guidance. We are currently expanding our talented team, offering a range of job opportunities that promise not only professional growth but also a chance to be part of a culture that values leadership and diversity.

Why Bright House Financial, LLC?

At Bright House Financial, LLC, we believe in empowering our employees to excel through comprehensive training and development programs. As a company, we are committed to fostering an inclusive environment where diverse ideas and perspectives lead to innovative financial solutions for our clients.

Explore Career Opportunities

Whether you're a seasoned professional looking for your next career challenge or a recent graduate eager to start your internship, Bright House Financial, LLC offers a variety of positions across multiple disciplines. Our team is hiring individuals who are passionate about financial services and dedicated to client success.

What We Offer

- **Professional Growth**: Advance your career with our leadership programs, diversity training, and opportunities for promotion. - **Innovative Culture**: Be part of a culture that thrives on innovation and continuous improvement. - **Competitive Benefits**: Enjoy a comprehensive benefits package that supports the health and well-being of you and your family. - **Networking and Mentorship**: Engage with industry leaders and gain valuable insights through structured networking events and mentorship.

Join Our Team

Bright House Financial, LLC is looking for curious, creative, and solution-driven team players. Explore job opportunities that match your skills and interests. We value the unique contributions of each employee and are excited to see how your skills and ideas can help shape the future of our company.

Prepare for Your Interview

Ready to join our team? Prepare your resume to highlight your relevant experience and skills. Our interview process is designed to understand your capabilities and how they align with the goals of Bright House Financial, LLC. We look forward to learning about your professional journey and discussing how you can contribute to our team.

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Discover Bright House Financial, LLC

Explore the exciting and rewarding career opportunities at Bright House Financial, LLC. See what positions are available and how you can contribute to our mission of delivering exceptional financial services.

SEARCH BRIGHT HOUSE FINANCIAL JOBS

Join us at Bright House Financial, LLC, where your career is just as important to us as it is to you. Let’s build a brighter future together.
Learn more about Bright House Financial, LLC
Size
1,500 employees
Market Cap
$3.5 billion
Industry
Finance & Insurance
Net Income
-$1 billion
5 Year Trend
-7.1%
Revenue
$8.5 billion
NASDAQ
BHF
* Ladders Estimates

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