Senior Actuarial Associate — AI-Driven Model Validation

Brighthouse Financial; Charlotte (NC); Hybrid; USD 115,000 - 143,000; Full time

Benefits offered by this job

Flexible work environment

Paid time off and holidays

Job summary

Brighthouse Financial is seeking a Sr Actuarial Associate in the Model Risk Management (MRM) team to perform model validations across the organization and research emerging actuarial issues in the life insurance space. This role sits within Corporate Risk Management and collaborates with Pricing, Valuation, ALM, Audit, and other critical functions.

You will independently validate models, identify risks, ensure regulatory compliance, and partner with teams to strengthen design and governance.

Qualifications

• Experience with annuity valuation, modeling, and hedging.
• Strong financial modeling with Excel and VBA.
• Experience using actuarial modeling software such as Prophet or similar.
• ASA designation preferred or near completion.
• Familiarity with PBR valuation guidance is a plus.
• Interest in AI model risk and validation practices is beneficial.
• Excellent communication and collaboration skills.

Responsibilities

• Conduct independent model validations, review documentation, assess risks, and propose validation strategies.
• Identify model risks and issues; propose design, controls, and governance improvements.
• Ensure regulatory compliance for models and promote sound modeling practices.
• Collaborate with Pricing, ALM and Valuation to provide validation support.
• Support Model Governance with risk-based model reviews.
• Leverage AI tools to support research and develop model-validation tools.
• Contribute to other CRM initiatives as needed.

Skills

Strong communication

Organizational skills

Interpersonal skills

Attention to detail

Financial modeling

Education

ASA designation preferred

Tools

Excel

VBA

Prophet

Job description

Brighthouse Financial is seeking a Sr Actuarial Associate in the Model Risk Management (MRM) team to perform model validations across the organization and research emerging actuarial issues in the life insurance space. This role sits within Corporate Risk Management and collaborates with Pricing, Valuation, ALM, Audit, and other critical functions.

You will independently validate models, identify risks, ensure regulatory compliance, and partner with teams to strengthen design and governance.