All internships will be fully remote.
How you'll contribute:
As an Actuarial Life Modeling Intern, you'll be responsible for maintaining and improving the actuarial model and data used by Brighthouse Financial. The model, its data, and its results are used to calculate reported amounts on financial statements, satisfy regulatory requirements regarding surplus, assets and liabilities, reserves, taxes, and capital, as well as project amounts used to determine feasible employee raises, bonuses, and corporate spending targets.
This position will be part of the life insurance modeling function, but experience will be highly applicable to annuity products as well.
In this role, you'll get to:
- Gain valuable experience with the FIS Prophet suite of actuarial modeling software for life insurance and annuity products.
- Practice coding scripts in FIS DCS and variable formulas in FIS Prophet.
- Learn best practices for managing model assumptions and implementing controls and safeguards consistent with Actuarial Standards of Practice.
- Collaborate with actuaries in the areas of life insurance Valuation, Projections, and ALM, rather than focusing only on a single area of actuarial practice.
- Observe, maintain, and improve the entirety of the actuarial calculation and reporting process, from processing of raw data at the policy level to generation of relevant actuarial reports at the company level.
We're looking for people who have:
- Sophomores, Juniors and Seniors studying mathematics, statistics, actuarial science, or some other analytical field.
- Actively studying for or taking pre-ASA level exams with the Society of Actuaries.
- Strong computing and programming skills.
- Strong communication skills.
What you expect from an internship with Brighthouse Financial:
- $23/hour pay; 40-hour work weeks (with the exception of holiday weeks)
- 10-week summer program: 5/27/2025 to 8/1/2025
- Practical application and skill development at a FORTUNE® 500 company*
- Learning and development sessions focused on professional growth
- Networking opportunities with senior executives
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 proud to be a FORTUNE® 500 company** and recognized as one of the Healthiest Employers of Greater Charlotte by the Charlotte Business Journal. We're also honored to be named to Newsweek's list of America's Most Trustworthy Companies.
* Ranked by 2022 admitted assets. Best's Review®: Top 200 U.S. Life/Health Insurers. A.M. Best, 2023.
** From FORTUNE © 2023 Fortune Media IP Limited. All rights reserved. Used under license. FORTUNE and FORTUNE 500 are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Brighthouse Financial
Working at
Brighthouse Financial
Brighthouse Financial is a leading provider of annuities and life insurance solutions. As a separate, standalone company spun off from MetLife, Brighthouse Financial is focused on helping individuals and families achieve financial security and protect their future. As an actuary at Brighthouse Financial, you'll be part of a talented team that plays a crucial role in assessing and managing risks. Actuaries at Brighthouse Financial utilize their expertise in statistical modeling, data analysis, and risk assessment to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's offerings. Collaborating with cross-functional teams, actuaries at Brighthouse Financial contribute valuable insights that inform strategic decision-making. Actuaries analyze complex data, assess risks, and provide recommendations that help clients make informed financial decisions and plan for their long-term goals. Brighthouse Financial values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries have the opportunity to enhance their skills, stay at the forefront of industry advancements, and contribute to the success of the organization. Join Brighthouse Financial's esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a meaningful impact on individuals' financial well-being, and enjoy competitive benefits in a collaborative and innovative work environment.