Senior Actuarial Associate II - Actuarial Model Validation (Charlotte, NC (Hybrid) or Remote)
Brighthouse Financial · Charlotte · $115,000–$143,000 (stated in the posting)
Where you’ll work:
Our flexible, hybrid work model offers the option to work remotely or in the office.
How you’ll contribute:
As the Sr Actuarial Associate of the Model Risk Management (MRM) team, the individual will perform model validations across the organization and research key emerging actuarial issues within the life insurance space. This position sits within Corporate Risk Management (CRM) and collaborates closely with key stakeholders across business functions including Pricing, Valuation, Asset Liability Management (ALM), Audit, and other critical functions
In this role, you’ll get to:
- Perform independent model validations, including reviewing model documentation, evaluating model risks, and proposing review strategies and recommendations
- Identify model risks and issues and propose enhancements to model design, controls, and governance
- Ensure compliance with regulatory requirements for applicable models, while promoting sound modeling practices
- Partner with teams across Pricing, ALM, and Valuation to provide effective challenge and validation support
- Support the Model Governance function by performing risk-based model reviews
- Leverage AI tools to support research and develop tools for model validation
- Perform and support other CRM initiatives as needed
We’re looking for people who have:
- Prior experience with annuity products (i.e., index, fixed, or RILA) in valuation, modeling, and hedging
- Strong financial modeling background with advanced experience in Excel and VBA
- Experience using actuarial modeling software such as Prophet or similar
- Associate of the Society of Actuaries (ASA) designation highly preferred; candidates near ASA and relevant annuity experience will also be considered
- Familiarity with PBR and pre-PBR valuation guidance is a plus
- Interest in emerging AI model risk and validation practices is beneficial
- Strong attention to detail with excellent communication, organizational, and interpersonal skills
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 – Total Compensation ranging from $115,000 - $143,000 inclusive of base salary and 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%), 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 as one of the Healthiest Employers of Greater Charlotte.
*Ranked by 2025 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2026.