Sr Analyst Model Risk Management - KM07AE Analyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
Sr Analyst Model Risk Management - KM07AE Analyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
Sr Analyst Model Risk Management - KM07AEAnalyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
Sr Analyst Model Risk Management - KM07AEAnalyst Model Risk Management - KM08AE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and ...
Vendor Risk Manager
Westport, CT · Hybrid
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
New
Vendor Risk Manager
Westport, CT · Hybrid
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
New
Vendor Risk Manager
Westport, CT · Hybrid
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
New
Vendor Risk Manager
Westport, CT · Hybrid
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
New
Vendor Risk Manager
Westport, CT · On-site
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
Vendor Risk Manager
Westport, CT · On-site
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
Vendor Risk Manager
Westport, CT · On-site
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
Vendor Risk Manager
Westport, CT · On-site
Vendor Risk Manager Dalio Family Office Dalio Family Office Overview: The Dalio Family Office (DFO ... Conduct structured threat models (STRIDE, PASTA) for high risk vendors, and document findings as ...
Credit Risk Model Development Quantitative Analyst II - Consumer Portfolio (Hybrid - see job desc...
... risk management, as well as balance sheet and capital planning ... Supports more experienced analysts and management in data analysis, model development efforts and ...
Credit Risk Model Development Quantitative Analyst II - Consumer Portfolio (Hybrid - see job desc...
... risk management, as well as balance sheet and capital planning ... Supports more experienced analysts and management in data analysis, model development efforts and ...
Credit Risk Model Development Quantitative Analyst II - Consumer Portfolio (Hybrid - see job desc...
... risk management, as well as balance sheet and capital planning ... Supports more experienced analysts and management in data analysis, model development efforts and ...
Credit Risk Model Development Quantitative Analyst II - Consumer Portfolio (Hybrid - see job desc...
... risk management, as well as balance sheet and capital planning ... Supports more experienced analysts and management in data analysis, model development efforts and ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site
$112K - $168K/yr
Risk Manager - KR07AE We're determined to make a difference and are proud to be an insurance ... Key responsibilities include maintaining risk models and presenting analytical insights to internal ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site
$112K - $168K/yr
Risk Manager - KR07AE We're determined to make a difference and are proud to be an insurance ... Key responsibilities include maintaining risk models and presenting analytical insights to internal ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site +1
$112K - $168K/yr
Risk Manager - KR07AE We're determined to make a difference and are proud to be an insurance ... Key responsibilities include maintaining risk models and presenting analytical insights to internal ...
Risk Manager, ALM Credit and Market Risk
Hartford, CT · On-site +1
$112K - $168K/yr
Risk Manager - KR07AE We're determined to make a difference and are proud to be an insurance ... Key responsibilities include maintaining risk models and presenting analytical insights to internal ...
Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...
Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Knowledge of financial services business models, products, and services * Experience in banking ...
Credit Risk Modeler, Assistant Vice President
$90K - $157K/yr
Review model outputs with properly justified opinions and judgments by experts from credit risk managers to capture forward-looking financial market and macro-economic outlooks * Implement internally ...
Credit Risk Modeler, Assistant Vice President
$90K - $157K/yr
Review model outputs with properly justified opinions and judgments by experts from credit risk managers to capture forward-looking financial market and macro-economic outlooks * Implement internally ...
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
Quick apply
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
Quick apply
RISK ANALYST
Canton, CT · On-site
Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk. * Track, manage, monitor, and report on risk issues and ...
OFSAA data modeler
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
OFSAA data modeler
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
OFSAA data modeler
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
OFSAA data modeler
$55 - $71.25/hr
... like Model risk management, Liquidity Risk, Basel etc. OFSAA Data Model overview Knowledge of technical tool stack: Informatica, Exadata, OBIEE etc. Good exposure to Data level testing, Data ...
Clinical Risk Manager
Windsor, CT · Hybrid
$84K - $140K/yr
Swiss Re uses a hybrid work model requiring at least three days in the office each week. This ... A background in a Clinical Risk Management position is encouraged but will consider qualified ...
Clinical Risk Manager
Windsor, CT · Hybrid
$84K - $140K/yr
Swiss Re uses a hybrid work model requiring at least three days in the office each week. This ... A background in a Clinical Risk Management position is encouraged but will consider qualified ...
Clinical Risk Manager
Windsor, CT · On-site
$84K - $140K/yr
Swiss Re uses a hybrid work model requiring at least three days in the office each week. This ... A background in a Clinical Risk Management position is encouraged but will consider qualified ...
Clinical Risk Manager
Windsor, CT · On-site
$84K - $140K/yr
Swiss Re uses a hybrid work model requiring at least three days in the office each week. This ... A background in a Clinical Risk Management position is encouraged but will consider qualified ...
AVP, Credit Model Development
$100K - $170K/yr
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
AVP, Credit Model Development
$100K - $170K/yr
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
Partner with Model Risk Management on model validations, annual reviews, and ongoing assessments. * Analyze model performance and explain model behavior to business stakeholders. * Utilize advanced ...
Model Risk Manager information
See Connecticut salary details
$49K - $59.2K
4% of jobs
$59.2K - $69.5K
6% of jobs
$69.5K - $79.7K
11% of jobs
$83.6K is the 25th percentile. Wages below this are outliers.
$79.7K - $90K
11% of jobs
The median wage is $98.1K / yr.
$90K - $100.2K
23% of jobs
$100.2K - $110.5K
13% of jobs
$117.2K is the 75th percentile. Wages above this are outliers.
$110.5K - $120.7K
12% of jobs
$120.7K - $131K
8% of jobs
$131K - $141.2K
6% of jobs
$141.2K - $151.5K
4% of jobs
$151.5K - $161.7K
2% of jobs
$49K
$106.1K
$161.7K
How much do model risk manager jobs pay per year?
As of Jul 10, 2026, the average yearly pay for model risk manager in Connecticut is $106,122.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,700.00 per year, depending on experience, location, and employer.
What are some common challenges a Model Risk Manager faces when validating complex financial models?
Model Risk Managers often encounter challenges such as limited or incomplete data, evolving regulatory requirements, and the need to validate highly complex or proprietary models. They must work closely with model developers, quantitative analysts, and compliance teams to ensure all assumptions and methodologies are sound. Staying up to date with industry best practices and maintaining clear documentation are also crucial, as is effectively communicating findings to both technical and non-technical stakeholders.
What is the difference between Model Risk Manager vs Quantitative Analyst?
| Aspect | Model Risk Manager | Quantitative Analyst |
|---|---|---|
| Required Credentials | Advanced degrees in finance, statistics, or mathematics; certifications like FRM or CFA | Degree in finance, economics, mathematics, or related fields; often CFA or CQF |
| Work Environment | Focus on risk management teams within financial institutions; regulatory compliance | Analytical roles within trading, investment, or banking divisions; model development |
| Employer & Industry Usage | Financial institutions, banks, asset managers | Investment firms, hedge funds, banks, financial services |
The Model Risk Manager primarily oversees and mitigates risks associated with financial models, ensuring compliance and accuracy. In contrast, Quantitative Analysts develop and implement models to support trading, investment, or risk strategies. While both roles require strong quantitative skills and similar credentials, their focus areas differ—risk management versus model development and analysis.
What are the key skills and qualifications needed to thrive as a Model Risk Manager, and why are they important?
To thrive as a Model Risk Manager, you need a solid background in quantitative finance, statistics, or mathematics, often supported by an advanced degree and experience in model development or validation. Familiarity with programming languages such as Python or R, risk management frameworks, and regulatory requirements like SR 11-7 or ECB guidelines is typically expected. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for articulating complex model risks to stakeholders. These competencies are vital for ensuring the accuracy, compliance, and reliability of financial models within an organization.
What does a Model Risk Manager do?
A Model Risk Manager is responsible for identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. They ensure that models are accurate, reliable, and compliant with regulatory standards by overseeing validation processes and monitoring model performance. Their role often includes collaborating with model developers, conducting independent reviews, and implementing model governance frameworks to minimize potential losses or errors stemming from model misuse or inaccuracies.
What are popular job titles related to Model Risk Manager jobs in Connecticut? For Model Risk Manager jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Connecticut look for? The top searched job categories for Model Risk Manager jobs in Connecticut are:
What cities in Connecticut are hiring for Model Risk Manager jobs? Cities in Connecticut with the most Model Risk Manager job openings:
Actuarial and Data Science Model Validation
Hartford, CT • On-site
Full-time
Re-posted 22 days ago
The Hartford rating
8.8
Based on 109 frontline employees who took The Breakroom Quiz
50th of 278 rated insurance
Job description
Sr Analyst Model Risk Management - KM07AE
Analyst Model Risk Management - KM08AE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Actuarial and Data Science Model Validation
The Hartford's Model Risk Management function seeks a Risk Manager to join a talented and high-performing Model Risk Management team. The successful candidate will lead efforts to ensure the integrity, accuracy, and compliance of AI and Generative AI (GenAI) models used across the enterprise. The Risk Manager/Validator will independently review, challenge, and validate models to ensure they meet internal model risk management standards, regulatory expectations, and ethical AI principles.
The Hartford utilizes advanced analytics, predictive, AI/ML, and Generative AI models as well as traditional actuarial models in a variety of important and critical business functions. The Model Risk Management team manages model risk across The Hartford by validating these models, implementing consistent policies and standards, and maintaining appropriate model oversight. As part of the team, this role will focus primarily on validating AI and GenAI models across The Hartford and reporting results to key internal stakeholders. Additional responsibilities include educating modeling best practices and spreading model risk awareness across the enterprise.
Responsibilities:
Perform model validations models on AI and GenAI model use cases across The Hartford's functional areas and lines of business to ensure models are performing effectively and efficiently
Qualifications:
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$108,000 - $162,000
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits
Analyst Model Risk Management - KM08AE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
Actuarial and Data Science Model Validation
The Hartford's Model Risk Management function seeks a Risk Manager to join a talented and high-performing Model Risk Management team. The successful candidate will lead efforts to ensure the integrity, accuracy, and compliance of AI and Generative AI (GenAI) models used across the enterprise. The Risk Manager/Validator will independently review, challenge, and validate models to ensure they meet internal model risk management standards, regulatory expectations, and ethical AI principles.
The Hartford utilizes advanced analytics, predictive, AI/ML, and Generative AI models as well as traditional actuarial models in a variety of important and critical business functions. The Model Risk Management team manages model risk across The Hartford by validating these models, implementing consistent policies and standards, and maintaining appropriate model oversight. As part of the team, this role will focus primarily on validating AI and GenAI models across The Hartford and reporting results to key internal stakeholders. Additional responsibilities include educating modeling best practices and spreading model risk awareness across the enterprise.
Responsibilities:
Perform model validations models on AI and GenAI model use cases across The Hartford's functional areas and lines of business to ensure models are performing effectively and efficiently
- Ensure model calculations, machine learning algorithms, and GenAI methods are accurate and appropriate for intended use
- Design and build challenger solutions and/or testing methods for tasks such as summarization, question answering, search, data synthesis, llm-as-a-judge etc.
- Review and assess the quantitative and qualitative testing techniques to ensure model accuracy, robustness, and reliability
- Assess key data inputs, assumptions, prompt engineering, context engineering for accuracy and appropriateness
- Review model outputs for accuracy and appropriate downstream usage
- Deliver effective challenge to key modeling elements such as inputs, calculations, outputs, conceptual soundness, monitoring & controls, documentation, etc.
- Identify findings and recommendations, including impact analysis, to mitigate model risk and compile clear and concise model validation reports
- Perform governance accountabilities related to findings tracking, remediation testing, and validation
- Assist in enhancing existing GenAI model validation framework to include standardization evaluation metrics for performance and reliability, deployment of model validation tools for increased efficiency, and ensure continued alignment with regulatory standards
- Strengthen partnerships with Data Science teams to keep model risk practices aligned with the proliferation and sophistication of modeling, promote proactive risk management, and share best practices.
- Pro-actively stay informed with advancements in AI/ML, GenAI, and regulatory expectations for emerging technologies and of department initiatives, deliverables, and reporting
- Assist with the understanding and testing of cutting-edge tools, such as VertexAI/Google agent development kit, LangChain/LangGraph, RAG frameworks, HuggingFace, OpenAI APIs, etc.
- Assist in improving The Hartford's Model Risk Management function in relation to AI and GenAI, by monitoring external environment, implementing emerging best practices, recommending process improvements, and evolving standards/guidelines.
Qualifications:
- Advanced degree (M.S. or Ph.D.) in a relevant field e.g. Artificial Intelligence, Machine Learning, Computational Science, Engineering, Statistics, Applied Mathematics, Actuarial Science, Computer Science, Quantitative Economics.
- 3+ years of industry experience in machine learning or data science and with 1+ years focused on GenAI.
- P&C, Group, Life or related insurance product experience is a plus
- Strong programming experience across languages/technology platforms including Python, R, SAS/SQL
- Solid understanding of GenAI concepts including prompt and context engineering, retrieval-augmented generation (RAG), agent workflow, LLM evaluation, familiarity with neural networks
- Experience in GenAI tools such as Vertex AI/Google agent development kit, LangChain/LangGraph, RAG frameworks, HuggingFace, OpenAI APIs.
- Ability to act independently with proactive self-directed accountability and demonstrated experience and consistency in meeting deadlines while adapting to shifting priorities
- Strong analytical, critical and investigative thinking skills
- Demonstrated commitment to lifelong learning with a strong desire for continuous development to keep pace with evolving modeling techniques and AI technologies.
- Solution oriented creativity, innovative thinking, and challenging the status quo.
- Excellent communication and collaboration skills, with the ability to explain complex technical concepts to non-technical stakeholders across the enterprise.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$108,000 - $162,000
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It's Like to Work Here | Perks & Benefits
What The Hartford employees say
Pay
Benefits
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Workplace
Get the full story on Breakroom
About Hartford
Sourced by ZipRecruiter
Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Hartford, CT, US
Year founded
1810