Lead Actuarial Associate: Model Risk & Validation (Remote)

Brighthouse Financial; Seattle (WA); Hybrid; USD 100,000 - 125,000; Full time

Benefits offered by this job

Base salary with incentives

Flexible work environment

Paid time off

401(k) with company match

Stock purchase plan discount

Job summary

Brighthouse Financial is seeking a Senior Actuarial Associate to lead model validations and research key emerging actuarial issues within life insurance. The role sits in Corporate Risk Management (CRM) and partners with Pricing, Valuation, ALM, and Audit to strengthen risk management.

You will conduct independent model reviews, advise on compliance, and support model development across teams. Strong actuarial credentials and VM-20 experience are highly valued.

Qualifications

• Bachelor’s in actuarial science, computer science, finance, mathematics, or related field is preferred.
• Strong financial modeling knowledge and experience.
• Advanced experience with Excel and VBA.
• Experience in using actuarial modeling software such as Prophet or similar.
• Actuarial credentials highly preferred.
• Prior experience on VM-20 and pre-PBR life valuation guidelines a plus.
• Detail-oriented with excellent organizational, communication, and interpersonal skills.

Responsibilities

• Conduct independent model reviews, testing, and validation of models, including review of model documentation, evaluating risks, and proposing review strategies and recommendations to enhance the company’s risk management.
• Advise business partners, CRM team members, and management on regulatory compliance requirements and best practices with respect to effective model risk management.
• Provide support related to model development, validation, and testing, through partnership with other teams such as valuation, ALM, and pricing. Partner to understand their needs.
• Support the Model Governance function by performing risk-based reviews.
• Provide support to strengthen risk oversight in insurance risk management including risk reporting and monitoring.
• Perform other CRM initiatives as needed.

Skills

Financial modeling

Excel & VBA

Actuarial credentials

Communication & collaboration

Risk management

Education

Bachelor's degree in actuarial science

Related fields (finance, mathematics)

Tools

Prophet

VBA

Job description

Brighthouse Financial is seeking a Senior Actuarial Associate to lead model validations and research key emerging actuarial issues within life insurance. The role sits in Corporate Risk Management (CRM) and partners with Pricing, Valuation, ALM, and Audit to strengthen risk management.

You will conduct independent model reviews, advise on compliance, and support model development across teams. Strong actuarial credentials and VM-20 experience are highly valued.