Senior Model Validator – Risk & Actuarial Modeling

MassMutual; Springfield (IL); On-site; USD 110,000 - 160,000; Full time

Job summary

MassMutual seeks a Model Validator to join the Model Validations Team in Enterprise Risk Management. You will partner with modelers, actuaries and business leaders across Springfield, MA, Boston, MA or New York, NY to conduct independent validations and ensure models are conceptually sound and performing as expected.

The role emphasizes building relationships, applying asset pricing, actuarial and regulatory methods, and advancing new techniques while upholding governance and risk controls.

Qualifications

• Bachelor’s degree in a quantitative field.
• 5 years of direct experience in capital markets/investment risk, asset pricing, liability hedging or statistics.
• Proficient in Excel, Access and VBA; Python experience is required.
• Experience with actuarial or risk modeling tools and methods.

Responsibilities

• Build relationships across modelers, data scientists, actuaries and leaders.
• As a risk advisor, contribute to design, development and implementation of new models.
• Conduct model validations per governance policy with deep expertise.
• Assess design, theory, methodology, and resilience under evolving conditions.
• Validate calculations, algorithms and embedded automation code.
• Design tests to ensure model performance and outputs match expectations.
• Prepare validation documentation meeting governance requirements.
• Test remediation of validation findings.
• Continuously research and guide new analytical techniques.

Skills

Excel

Access

VBA

Python

Education

Bachelor’s degree in Actuarial Science, Finance, Econometrics, Statistics, Mathematics, Physics, or another quantitative discipline

Tools

Prophet

GGY AXIS

Moody’s asset models

Job description

MassMutual seeks a Model Validator to join the Model Validations Team in Enterprise Risk Management. You will partner with modelers, actuaries and business leaders across Springfield, MA, Boston, MA or New York, NY to conduct independent validations and ensure models are conceptually sound and performing as expected.

The role emphasizes building relationships, applying asset pricing, actuarial and regulatory methods, and advancing new techniques while upholding governance and risk controls.