Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Nashville, TN · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Nashville, TN · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Nashville, TN · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Nashville, TN · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Birmingham, AL · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Birmingham, AL · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Dallas, TX · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Dallas, TX · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Birmingham, AL · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Birmingham, AL · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Nashville, TN · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Catastrophe Risk Analyst
Nashville, TN · On-site
$72K - $90K/yr
The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies. What will your job entail? Responsibilities * Conduct detailed ...
Risk Analyst
Detroit, MI · Hybrid
$95K - $110K/yr
Risk Analyst - Detroit Who: A growing auto finance company building out its credit risk team. What ... Hybrid model (up to 2 days in office if transitioned), not posted as remote. Salary: $95,000-$110 ...
Quick apply
Risk Analyst
Detroit, MI · Hybrid
$95K - $110K/yr
Risk Analyst - Detroit Who: A growing auto finance company building out its credit risk team. What ... Hybrid model (up to 2 days in office if transitioned), not posted as remote. Salary: $95,000-$110 ...
... Modeling & Analysis • Build and maintain quantitative risk models using Python, R, SAS, SQL, or Excel • Perform stress testing, sensitivity analysis, and scenario modeling for operational or ...
... Modeling & Analysis • Build and maintain quantitative risk models using Python, R, SAS, SQL, or Excel • Perform stress testing, sensitivity analysis, and scenario modeling for operational or ...
Risk Model Validation Associate
Manhattan, NY · On-site
$115K - $135K/yr
This role will focus on Risk Models and will be responsible for a range of tasks throughout the Model Lifecycle including assessing conceptual soundness, performing sensitivity analysis, verifying ...
Risk Model Validation Associate
Manhattan, NY · On-site
$115K - $135K/yr
This role will focus on Risk Models and will be responsible for a range of tasks throughout the Model Lifecycle including assessing conceptual soundness, performing sensitivity analysis, verifying ...
Purpose: The Director of Athene Model Risk supports the oversight of model risk across Athene ... Fast learner with strong analytical and technical skills with sound judgment and attention to ...
Purpose: The Director of Athene Model Risk supports the oversight of model risk across Athene ... Fast learner with strong analytical and technical skills with sound judgment and attention to ...
Actuary, Model Risk
Richmond, VA · On-site
$169K/yr
POSITION TITLE Actuary, Model Risk LOCATION Richmond, VA Remote US (Eastern or Central Time Zones ... Familiarity with predictive analytics, statistical techniques, or AI/machine learning models
Actuary, Model Risk
Richmond, VA · On-site
$169K/yr
POSITION TITLE Actuary, Model Risk LOCATION Richmond, VA Remote US (Eastern or Central Time Zones ... Familiarity with predictive analytics, statistical techniques, or AI/machine learning models
Risk Analyst
Washington, DC · On-site +1
Develop predictive risk models, plan and prioritize work, and collaborate across the project team as well as with client. * Estimate and validate loan-level logistic regression and survival analysis ...
Risk Analyst
Washington, DC · On-site +1
Develop predictive risk models, plan and prioritize work, and collaborate across the project team as well as with client. * Estimate and validate loan-level logistic regression and survival analysis ...
Risk Model Validation Associate
$115K - $135K/yr
This role will focus on Risk Models and will be responsible for a range of tasks throughout the Model Lifecycle including assessing conceptual soundness, performing sensitivity analysis, verifying ...
Risk Model Validation Associate
$115K - $135K/yr
This role will focus on Risk Models and will be responsible for a range of tasks throughout the Model Lifecycle including assessing conceptual soundness, performing sensitivity analysis, verifying ...
Purpose: The Director of Athene Model Risk supports the oversight of model risk across Athene ... Fast learner with strong analytical and technical skills with sound judgment and attention to ...
Purpose: The Director of Athene Model Risk supports the oversight of model risk across Athene ... Fast learner with strong analytical and technical skills with sound judgment and attention to ...
Actuary, Model Risk
Richmond, VA · On-site
POSITION TITLE Actuary, Model Risk LOCATION Richmond, VA Remote US (Eastern or Central Time Zones ... Familiarity with predictive analytics, statistical techniques, or AI/machine learning models
Actuary, Model Risk
Richmond, VA · On-site
POSITION TITLE Actuary, Model Risk LOCATION Richmond, VA Remote US (Eastern or Central Time Zones ... Familiarity with predictive analytics, statistical techniques, or AI/machine learning models
Model Risk Analyst information
See salary details
$15.38 - $19.97
3% of jobs
$19.97 - $24.56
7% of jobs
$24.56 - $29.15
12% of jobs
$30.05 is the 25th percentile. Wages below this are outliers.
$29.15 - $33.74
15% of jobs
$33.74 - $38.33
13% of jobs
The median wage is $38.48 / hr.
$38.33 - $42.92
16% of jobs
$42.92 - $47.51
8% of jobs
$48.08 is the 75th percentile. Wages above this are outliers.
$47.51 - $52.10
11% of jobs
$52.10 - $56.69
6% of jobs
$56.69 - $61.28
6% of jobs
$61.28 - $65.87
3% of jobs
$15
$40
$65
How much do model risk analyst jobs pay per hour?
As of Aug 23, 2026, the average hourly pay for model risk analyst in the United States is $40.49, according to ZipRecruiter salary data. Most workers in this role earn between $29.81 and $49.28 per hour, depending on experience, location, and employer.
What is a model risk analyst?
A Model Risk Analyst evaluates, validates, and monitors financial models to ensure they function correctly and comply with regulatory standards. They identify potential risks in model assumptions, data quality, and methodologies. Their work helps financial institutions mitigate model-related risks that could lead to inaccurate decision-making. Analysts collaborate with model developers, risk managers, and auditors to improve model performance and documentation. Strong analytical, statistical, and programming skills are essential for this role.
What skills and qualifications are needed to be a model risk analyst?
To thrive as a Model Risk Analyst, you need strong quantitative analysis skills, a background in mathematics, statistics, finance, or a related field, and experience in model validation practices. Familiarity with programming languages such as Python, R, SAS, and tools like Excel, along with knowledge of regulatory requirements such as SR 11-7, is typically essential; certifications like FRM or CFA can be advantageous. Excellent communication, attention to detail, and critical thinking are important soft skills for presenting findings and collaborating with cross-functional teams. Mastery of these skills ensures the integrity and reliability of risk models, supporting sound business decisions and regulatory compliance.
What challenges might a model risk analyst face in their daily work?
Model Risk Analysts often encounter challenges such as ensuring data quality, identifying model limitations, and keeping up with evolving regulatory standards. They must frequently balance the technical rigor needed to validate complex financial models with the need to communicate their findings clearly to stakeholders without a technical background. Additionally, adapting quickly to new modeling methodologies or changing business priorities is common. Overcoming these challenges requires ongoing learning, strong collaboration with model developers, and a proactive approach to risk management.
Do model risk analysts make good money?
Model risk analysts typically earn competitive salaries that vary by industry, experience, and location. Entry-level positions often start around $70,000 annually, with experienced professionals earning over $120,000, especially in financial services and banking sectors. Certifications like CFA or FRM and proficiency in programming tools such as Python or SAS can enhance earning potential.
What does a model risk analyst do?
A model risk analyst evaluates and monitors the risks associated with financial and operational models used by organizations. They review model assumptions, validate model accuracy, and ensure compliance with regulatory standards, often using statistical and analytical tools. Their work helps prevent financial loss and supports decision-making processes.
More about Model Risk Analyst jobs
What states have the most Model Risk Analyst jobs?
States with the most job openings for Model Risk Analyst jobs include:
What job categories do people searching Model Risk Analyst jobs look for?
The top searched job categories for Model Risk Analyst jobs are:
Job description
Position Summary
The Catastrophe Risk Analyst role involves critical assessment and management of the company's exposure to natural and man-made catastrophes. The Catastrophe Risk Analyst analyzes data, models risk and provides strategic recommendations to enhance risk management strategies.What will your job entail?
Responsibilities
- Conduct detailed analysis of catastrophe risks, including earthquakes, hurricanes, floods, and other natural disasters.
- Utilize catastrophe modeling software to assess potential losses and develop risk scenarios.
- Collaborate with underwriters, actuaries, and other stakeholders to evaluate risk exposure and pricing strategies.
- Monitor industry trends and regulatory changes related to catastrophe risk management.
- Prepare reports and presentations for senior management, highlighting risk exposure and mitigation strategies.
- Develop and maintain catastrophe risk models, ensuring accuracy and reliability.
- Participate in cross-functional teams to enhance risk assessment processes and improve risk management practices.
Work Experience and Education
- Bachelor's degree in Risk Management, Mathematics, Statistics, Finance, Actuarial Science, Economics, or related quantitative field with 2 years of related experience; or equivalent work experience.
- Certified Catastrophe Risk Analyst (CSCR) or Certified Catastrophe Risk Management Professional (CCRMP) is preferred.
Technical Skills
- Quantitative Analysis
- Risk Assessment
- Project Management
- Insurance Knowledge
- Experience with AIR/RMS is preferred
Behavioral Skills
- Effective Communication
- Team-oriented mindset
- Attention to Detail
- Decision Making
- Problem-Solving
- Continuous Learning
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization.Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression,sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners,and communities.This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our TeammatesRyan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $72,000.00 - $90,000.00 annually.The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com
The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.