Senior Actuarial Associate - 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.

Responsibilities

• 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 Corporate Risk Management (CRM) initiatives as needed

Requirements

• 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 with 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

Benefits

• Base salary ranging from $100,000 - $125,000 plus competitive performance-based incentives determined by company and individual results
• Flexible work environment – work remotely or in the office
• Paid time off – minimum of 20 days of paid time off and 16 paid company holidays per calendar year, plus paid volunteer time and paid study time
• 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%)
• Financial counseling services
• Competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family
• Family support – 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 for adoption, infertility, or surrogacy journeys
• Company-paid basic life insurance and short-term disability insurance

Schedule

The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building.

About 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. 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.