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 an Associate, Derivates Trader, you will have responsibilities across various trading, analytical, and quantitative analysis functions within the derivatives front office of the investment management department. This includes the identification, execution and daily management of derivative trades in accordance with approved programs, analytical work on the underlying portfolio of assets, ad-hoc and daily risk and P/L attribution, as well as coding in support of trading, risk analysis, and trading tool development. Our small team offers derivative professionals the opportunity to make a meaningful impact daily to the company’s success.

In this role, you’ll get to:

• Pre-trade analysis and modeling.
• Trade execution and management across rate, equity, credit and FX asset classes.
• Position reporting and ad-hoc risk analysis and project work.
• Monitoring risk, positions and P&L.
• Following market trends, economic data and events to provide trade recommendations to ALM and Senior Management.
• Providing weekly market commentary.

We’re looking for people who have:

• Accurate, best practice trade execution with attention to detail and the ability to efficiently balance both project work and trading responsibilities.
• 5+ years of experience in a hands-on derivatives trading and analysis role focused directly on hedging and derivatives markets in an insurance company or asset management firm.
• Ability to handle trade requests from multiple sources simultaneously and multi-task in a fast-paced environment.
• Strong quantitative skills and knowledge of Microsoft Excel and VBA is strongly preferred. Sound understanding of trading technology; Bloomberg, Aladdin, TradeWeb.
• Accurate, best practice trade execution with attention to detail and the ability to efficiently balance both project work and trading responsibilities.
• Direct familiarity with index-linked insurance products, including indexed and/or variable annuity hedging programs a plus.
• Programming skills are a plus (Python, Java, C++, R, etc.).

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 $115,000 to $135,000 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.

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