Senior Model Validator - Risk & Actuarial Validation

MassMutual; Boston (MA); On-site; USD 120,000 - 160,000; Full time

Job summary

MassMutual is seeking a Model Validator to join the Model Validations Team. You will conduct independent validations across actuarial, financial, risk and capital models integral to product pricing, financial reporting, and risk management.

You will collaborate with modelers, data scientists, actuaries and business leaders to evaluate model design, testing, and documentation while facilitating robust governance and continuous improvement.

Qualifications

• Bachelor’s degree in a quantitative field.
• 5 years of direct experience in capital markets/investment risk or asset pricing.
• Proficiency with Excel, Access, and VBA.
• Experience with Python programming.
• Strong statistical analysis capabilities.

Responsibilities

• Validate model design, methodology and outputs against governance standards.
• Collaborate with modelers, data scientists, actuaries and business leaders.
• Design, develop and implement tests to verify model performance.
• Prepare validation documentation meeting governance requirements.
• Remediate validation findings and monitor risk controls.
• Research new analytical techniques and apply them where appropriate.

Skills

Excel

Access

VBA

Python

Statistical methods

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 is seeking a Model Validator to join the Model Validations Team. You will conduct independent validations across actuarial, financial, risk and capital models integral to product pricing, financial reporting, and risk management.

You will collaborate with modelers, data scientists, actuaries and business leaders to evaluate model design, testing, and documentation while facilitating robust governance and continuous improvement.