Radian · 1 day ago
Sr. Principal, Quantitative Insurance Modeler - Hybrid
New York, NY
Full-time
Hybrid
Senior Level, Lead/Staff
$141K/yr - $230K/yr
10+ years expRadian is a fintech servicing the mortgage and real estate services industry. The Sr Principal Quantitative Insurance Modeler will be responsible for the development and implementation of advanced (re)insurance risk models, requiring expertise in programming and data analysis to support business decision-making.
FinanceFinancial ServicesInsuranceReal EstateRisk Management
Responsibilities
Develop and maintain code to support model estimation, implementation, monitoring, and back testing
Manipulate and analyze large datasets to identify trends and make recommendations or adjustments to credit and portfolio guidelines
Conduct model development and research new methodologies to enhance model performance and accuracy
Prepare analytical presentations and communicate strategic business findings and recommendations to management
Apply expert knowledge in probability modeling, mathematics, statistics, and econometrics to solve complex business challenges
Leverage cloud computing platforms for data analysis and model deployment
Collaborate effectively within a team environment
Summarize and present key findings and recommendations to both technical and non-technical audiences
Conduct catastrophe global risks modeling, including hazard, vulnerability, financial modules, event sets, frequency-severity modeling, loss distributions, and tail risk metrics
Perform portfolio and reinsurance structuring: quota share, excess of loss, catastrophe bonds, optimization, pricing, and accumulation management
Perform model governance functions: validation, benchmarking, back testing, documentation, audit readiness
Ensure adherence to regulatory/capital requirements: Solvency II, IFRS 17, NAIC, ORSA, stress testing
Perform other duties as assigned or apparent
Qualification
Required
Master's Degree or Equivalent Experience
10 years of prior work related experience
Advanced programming skills for data analysis and modeling (catastrophe, risk modeling)
Strong mathematical, statistical, and econometric background
Proven ability to analyze data, identify trends, and make sound business recommendations
Experience with cloud computing platforms (AWS, Azure, etc.)
Excellent communication skills, both written and verbal
Ability to work collaboratively in a team setting
Experience in financial services, credit risk modeling, or portfolio risk management
Demonstrated success in presenting analytical findings to senior management
Familiarity with regulatory requirements related to credit and portfolio risk
Preferred
PHD
Benefits
30 days of paid time off annually
9 paid holidays + 2 floating holidays
Parental leave
Multiple medical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.
401(k) with a top of market company match
Employee Stock Purchase Plan (ESPP)
Homebuyer Perks program
Company
Radian
Radian is a mortgage and real estate services company that provides private mortgage insurance and title services to lenders and investors.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$1.65B2025-11-04Post Ipo Debt· $500M
2024-02-28Post Ipo Debt· $625M
2020-05-18Post Ipo Equity· $525M
Leadership Team
Sumita Pandit
President and CFO
P
Preston James
SVP Operations
Recent News
2025-12-30
Company data provided by crunchbase