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Model Risk Management Jobs in Indiana (NOW HIRING)

Recruitment Room

$90 - $130/hr

... modeling, risk management, and compliance. This role involves analyzing complex financial data, preparing structured reports, and ensuring accuracy in investment and accounting workflows. You will ...

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All JobsModel Risk Management JobsModel Risk Management Jobs in Indiana

Model Risk Management information

See Indiana salary details

$34.7K

$78.3K

$131.3K

How much do model risk management jobs pay per year?

As of Jul 9, 2026, the average yearly pay for model risk management in Indiana is $78,342.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,500.00 and $86,100.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Model Risk Management position, and why are they important?

To excel in Model Risk Management, a professional needs a strong grounding in quantitative finance, statistics, and risk assessment, often backed by advanced degrees in relevant fields. Familiarity with technical tools such as Python, R, SAS, and model validation platforms, along with relevant certifications like FRM or CFA, is highly beneficial. Exceptional communication skills, attention to detail, and critical thinking help individuals stand out when interacting with model developers and risk committees. Mastery of these abilities ensures thorough risk analysis, regulatory compliance, and effective mitigation of financial model risks within the organization.

What are some common challenges faced by professionals in Model Risk Management roles?

Professionals in Model Risk Management commonly encounter challenges such as evolving regulatory requirements, the complexity of advanced financial models, and ensuring effective communication between technical and non-technical stakeholders. Staying current with industry best practices while rigorously validating and documenting models can be demanding but is critical for reducing financial and operational risks. Team members often work cross-functionally, collaborating closely with quants, risk managers, and IT teams to evaluate model performance and implement improvements. Adapting to new analytical tools and maintaining a proactive approach to emerging risks will help you succeed and grow in this dynamic field.

What is a Model Risk Management job?

A Model Risk Management (MRM) job involves identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. Professionals in this role ensure models are accurate, reliable, and comply with regulatory requirements by conducting validation, testing, and performance monitoring. They work closely with model developers, risk teams, and auditors to manage model lifecycle processes. Strong quantitative, analytical, and regulatory knowledge are key skills for success in this field.

What are the most commonly searched types of Model Risk Management jobs in Indiana? The most popular types of Model Risk Management jobs in Indiana are:
What are popular job titles related to Model Risk Management jobs in Indiana? For Model Risk Management jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Model Risk Management jobs in Indiana look for? The top searched job categories for Model Risk Management jobs in Indiana are:
Model Risk Management jobs near you

Senior Client Manager, P&C Construction

Unison Risk Advisors

Indianapolis, IN

Full-time

Posted 29 days ago

Job description

Senior Client Manager, P&C Construction– Job Description

Position Summary

The Senior Client Manager is responsible for delivering high-quality service to commercial clients by planning and executing tailored risk management and insurance service strategies. This role combines strategic collaboration with hands-on execution, partnering with internal teams and carriers to design, negotiate, and implement effective insurance programs.

Key Responsibilities

Functional Leadership & Ownership

•       Owns execution of client service strategy for assigned commercial accounts

•       Acts as subject matter expert in coverage, markets, and program design

•       Partners with Risk Advisors and Client Executives to align strategies

•       Supports decision-making for renewals, coverage structure, and carrier placement

Hands-On Execution & Delivery

•       Evaluates current client coverage programs and recommends enhancements

•       Develops proposals, coverage comparisons, and service deliverables

•       Creates high-quality underwriting submissions aligned with best practices

•       Negotiates pricing, terms, and coverage directly with insurance carriers

•       Executes program and coverage changes accurately and efficiently

Reporting, Quality & Operational Support

•       Ensures accuracy and quality of all client-facing deliverables

•       Manages timelines, priorities, and service-related workflows

•       Maintains knowledge of market trends, carriers, and coverage forms

•       Supports day-to-day service needs and issue resolution

Cross-Functional Partnership & Integration

•       Collaborates with Account Managers and service teams to ensure execution

•       Communicates effectively to ensure alignment across stakeholders

•       Builds strong relationships with insurance carriers and partners

•       Supports seamless coordination across departments and workflows

Growth, Change & Special Initiatives

•       Identifies additional coverage opportunities and program enhancements

•       Supports renewal strategy planning and execution

•       Participates in process improvements and service model enhancements

•       Contributes to client retention and growth initiatives

Process Improvement & Best Practices

•       Identifies opportunities to streamline and improve processes

•       Implements scalable and efficient service practices

•       Stays current on insurance industry trends and regulatory changes

•       Promotes adoption of best practices across the team

Accountability

•       Delivering effective and client-focused insurance service outcomes

•       Maintaining accuracy and quality across all deliverables

•       Building trusted relationships with clients and internal teams

•       Ensuring smooth execution during renewals and service cycles

•       Demonstrating ownership, prioritization, and sound judgment

Qualifications

Required

•       5+ years of experience in insurance or risk management

•       Property and Casualty license

•       Strong analytical, problem-solving, and communication skills

•       Ability to manage multiple priorities and deadlines

•       Proficiency in Microsoft Office

Preferred

•       Associate’s degree or some college education

•       Completion of INS designation or similar certification

Key Competencies

•       Client Experience Orientation

•       Ownership & Accountability

•       Problem Solving & Critical Thinking

•       Collaboration & Relationship Building

•       Time Management & Prioritization

•       Communication & Influence

•       Adaptability & Change Agility

Employment Type: FULL_TIME

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