Senior Actuarial Associate II - Actuarial Model Validation (Charlotte, NC (Hybrid) or Remote)

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

Benefits offered by this job

Flexible work model

Paid time off

401(k) match

Job summary

Brighthouse Financial in Charlotte, NC is seeking a Senior Actuarial Associate II in Actuarial Model Validation. This role sits in Corporate Risk Management and involves independent validations across Pricing, Valuation, ALM, and Audit in a flexible hybrid setup.

You will review model documentation, evaluate risks, and propose enhancements, collaborating with key stakeholders while leveraging AI tools for research and validation work. ASA designation is highly preferred.

Qualifications

• Prior experience with annuity products in valuation, modeling and hedging.
• Strong financial modeling background with advanced Excel/VBA.
• Experience using actuarial modeling software such as Prophet.
• ASA designation is highly preferred; candidates near ASA will be considered.
• Familiarity with PBR and pre-PBR valuation guidance is a plus.
• Interest in emerging AI model risk and validation practices.

Responsibilities

• Perform independent model validations, reviewing documentation and proposing strategies.
• Identify model risks and propose enhancements to design, controls and governance.
• Ensure regulatory compliance for applicable models while promoting sound 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 validation tools.

Skills

Annuity experience

Financial modeling (Excel/VBA)

Actuarial software (Prophet)

Communication skills

Attention to detail

AI model risk awareness

Education

ASA designation

Tools

Prophet

Job description

We've been made aware that there are active job recruiting schemes using the Brighthouse Financial name and logo. The fraudsters behind these schemes often send unsolicited texts and emails containing fake names, phone numbers, and email addresses in an attempt to encourage you to share personal or financial information with them. However, in these cases, you’re not being considered for a job opportunity with Brighthouse Financial as these roles are fraudulent, and the individuals extending the fake job offers are not affiliated with Brighthouse Financial.Learn how to avoid these schemes.

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Senior Actuarial Associate II - Actuarial Model Validation (Charlotte, NC (Hybrid) or Remote)

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 our401(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.

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 asone 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.

Nearest Major Market: Charlotte
Job Segment: Accounting, Actuarial, Financial, Risk Management, Liability, Finance, Insurance

Brighthouse Financial is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is Brighthouse Financial's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.