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MassMutual · 2 months ago

Model Validator

HARTFORD, CT

Full-time

Onsite

Senior Level

5+ years exp

MassMutual is a prominent organization in the insurance sector, and they are seeking a Model Validator to join their Enterprise Risk Management team. The role involves conducting independent model validations to support critical business decisions and ensure the accuracy and reliability of various financial models.

FinanceFinancial ServicesInsuranceLife InsuranceRetirement

H1B Sponsor Likely

Responsibilities

Build relationships, influence, collaborate and learn various aspects of our business from many modelers, data-scientists, actuaries and business leaders at MassMutual

As a risk advisor, participate in the design, development and implementation of new models

Conduct model validations in accordance with corporate model governance policy requirements and timelines, leveraging deep modeling, asset pricing, actuarial and regulatory expertise

Assess model design, theoretical construction, methodology, applicability, and resilience within evolving economic and risk environments, in accordance with corporate, actuarial and/or regulatory standards

Validate accuracy of model calculations, algorithms, and any embedded automation / programming code base

Design and implement tests to ensure model performance and model output are as expected

Prepare and distribute model validation documentation, which meets model governance requirements

Test remediation of validation findings

Continuously research and provide guidance on the use of new and innovative analytical techniques

Qualification

Actuarial ScienceInvestment RiskStatistical AnalysisPythonMicrosoft ExcelVBAFinancial Risk ManagementCommunication SkillsCollaboration SkillsProblem-Solving SkillsTime Management

Required

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

5+ years of direct experience in one of the following: Capital markets and/ or investment risk, Quantitative asset pricing models, Liability hedging strategies, Statistical methods of analysis

3+ Microsoft Excel, Access, and VBA

3+ experience with Python

Preferred

Possess one or more of the following designations: Associate of Society of Actuaries (ASA), Fellow of Society of Actuaries (FSA), Charter Financial Analyst (CFA), Certificate in Quantitative Finance (CQF), Financial Risk Manager (FRM)

7+ years of direct experience in one of the following: Capital markets and investment risk, Quantitative asset pricing models, Insurance liability hedging strategies, Statistical methods of analysis

ALM and annuity product pricing experience

Knowledge of commercial software, including Prophet, GGY AXIS and Moody's asset models

Strong statistical, risk, analytical, modeling, and problem-solving skills

Ability to see the big picture with meticulous attention to detail

Strong communication and collaboration skills, both written and verbal

Demonstrated accountability and ownership of self-development

Ability to build and maintain strong working relationships within and across teams, while challenging in a constructive manner

Strong execution and time management skills

Benefits

Access to mentorship opportunities

Networking opportunities including the Actuarial Gathering, access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups

Access to learning content on Degreed and other informational platforms

Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

Company

MassMutual

Glassdoor3.9

MassMutual is a mutual life insurance company that provides investment management and trust services.

Founded in 1851

Springfield, Massachusetts, USA

5001-10000 employees

https://www.massmutual.com/

H1B Sponsorship

MassMutual has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (96)

2024 (94)

2023 (66)

2022 (115)

2021 (121)

2020 (73)