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Model Risk Manager Jobs in Indiana (NOW HIRING)

Unison Risk Advisors

Client Executive, P&C

South Bend, IN · On-site +1

$75K - $102K/yr

The role supports growth through client retention, cross-selling, and proactive risk management while contributing to a collaborative, team-based service model. Key Responsibilities Functional ...

Unison Risk Advisors

Client Executive, P&C

Indianapolis, IN · On-site +1

$72K - $98K/yr

The role supports growth through client retention, cross-selling, and proactive risk management while contributing to a collaborative, team-based service model. Key Responsibilities Functional ...

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All JobsModel Risk JobsModel Risk Manager JobsModel Risk Manager Jobs in Indiana

Model Risk Manager information

See Indiana salary details

$49K

$106.2K

$161.8K

How much do model risk manager jobs pay per year?

As of Jul 9, 2026, the average yearly pay for model risk manager in Indiana is $106,153.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,800.00 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?

AspectModel Risk ManagerQuantitative Analyst
Required CredentialsAdvanced degrees in finance, statistics, or mathematics; certifications like FRM or CFADegree in finance, economics, mathematics, or related fields; often CFA or CQF
Work EnvironmentFocus on risk management teams within financial institutions; regulatory complianceAnalytical roles within trading, investment, or banking divisions; model development
Employer & Industry UsageFinancial institutions, banks, asset managersInvestment 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 the most commonly searched types of Model Risk jobs in Indiana? The most popular types of Model Risk jobs in Indiana are:
What are popular job titles related to Model Risk Manager jobs in Indiana? For Model Risk Manager jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Indiana look for? The top searched job categories for Model Risk Manager jobs in Indiana are:
What cities in Indiana are hiring for Model Risk Manager jobs? Cities in Indiana with the most Model Risk Manager job openings:
Model Risk Manager 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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