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Model Risk Jobs in Massachusetts (NOW HIRING)

Verisk's Catastrophe and Risk Solutions (CRS) team provides risk modeling software and consulting services to insurers, reinsurers, brokers, and other financial intermediaries. We're looking for ...

Verisk's Catastrophe and Risk Solutions (CRS) team provides risk modeling software and consulting services to insurers, reinsurers, brokers, and other financial intermediaries. We're looking for ...

You will maintain and enhance sophisticated risk models, synthesize complex quantitative outputs into clear investment insights, and serve as a trusted analytical partner across Portfolio Management ...

You will maintain and enhance sophisticated risk models, synthesize complex quantitative outputs into clear investment insights, and serve as a trusted analytical partner across Portfolio Management ...

Build AI-driven defense -- Develop user behaviour scoring, anomaly detection, and automated interception models using Python/Sklearn/XGBoost/LightGBM, and deploy them into the production risk stack.

Verisk's Catastrophe and Risk Solutions (CRS) team provides risk modeling software and consulting services to insurers, reinsurers, brokers, and other financial intermediaries. We're looking for ...

The Governance, Risk, and Compliance (GRC) team helps ensure technology and cybersecurity risks are ... Experience translating AI-specific risks (i.e., data poisoning, prompt injection, model misuse ...

Showing results 41-60

Model Risk information

See Massachusetts salary details

$15

$33

$80

How much do model risk jobs pay per hour?

As of Sep 15, 2026, the average hourly pay for model risk in Massachusetts is $33.13, according to ZipRecruiter salary data. Most workers in this role earn between $21.25 and $42.26 per hour, depending on experience, location, and employer.

What is model risk?

Model risk refers to the potential for adverse consequences resulting from decisions based on incorrect or misused models. In financial institutions, model risk can arise if a model's assumptions are flawed, if the data input is poor, or if the model is applied inappropriately. Managing model risk involves validating models, monitoring their performance, and ensuring that they are used within their intended scope. Effective model risk management helps organizations avoid significant financial losses and comply with regulatory requirements.

What are some typical challenges faced by professionals working in model risk, and how can they be addressed?

Professionals in Model Risk often encounter challenges such as ensuring model accuracy, managing regulatory compliance, and effectively communicating complex technical findings to non-technical stakeholders. Addressing these challenges requires a strong understanding of both quantitative modeling and relevant regulations, as well as strong collaboration skills to work with model developers, auditors, and business units. Staying informed about evolving regulatory standards and participating in ongoing training can also help model risk professionals remain effective and add value to their organizations.

What are the key skills and qualifications needed to thrive as a model risk analyst, and why are they important?

To thrive as a Model Risk Analyst, you need a solid background in quantitative analysis, statistics, or finance, often supported by an advanced degree in a related field. Familiarity with model validation tools, programming languages such as Python or R, and regulatory frameworks like SR 11-7 is essential. Strong analytical thinking, attention to detail, and effective communication skills are crucial for evaluating models and presenting findings to stakeholders. These skills ensure model integrity, regulatory compliance, and risk mitigation in financial institutions.

What is the difference between Model Risk vs Model Validation?

AspectModel RiskModel Validation
Primary FocusIdentifying, assessing, and mitigating risks associated with modelsEvaluating and testing models to ensure accuracy and reliability
Required CredentialsQuantitative skills, risk management certifications, industry experienceQuantitative expertise, validation certifications, industry knowledge
Work EnvironmentRisk management teams within financial institutions or firmsModel validation teams, often within risk or model development departments
Industry UsageUsed across banking, insurance, and investment firms to manage model-related risksCommonly employed in financial services to verify model performance

Model Risk focuses on managing the potential negative impacts of models, including errors and misuse, while Model Validation concentrates on testing and confirming the accuracy and robustness of models. Both roles are essential in financial industries to ensure models are reliable and risks are minimized.

What does a model risk do?

A model risk professional assesses and manages the risks associated with using mathematical and statistical models in financial and operational decision-making. They review model accuracy, validate assumptions, and ensure compliance with regulatory standards, often using tools like SAS or R. Their work helps prevent financial loss due to model errors or misestimations.

What does a model risk specialist do?

A model risk specialist evaluates and manages risks associated with financial or operational models used by organizations. They review model assumptions, validate model performance, and ensure compliance with regulatory standards, often using statistical and analytical tools. Their work helps prevent model errors that could lead to financial loss or regulatory issues.

What are the most commonly searched types of Model Risk jobs in Massachusetts?

The most popular types of Model Risk jobs in Massachusetts are:

What are popular job titles related to Model Risk jobs in Massachusetts?

For Model Risk jobs in Massachusetts, the most frequently searched job titles are:

Infographic showing various Model Risk job openings in Massachusetts as of September 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, and 4% Contract. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $68,913 per year, or $33.1 per hour.

Risk Analyst

Boston, MA • On-site

Verisk
Library and Information Services • 5 - 10K employees

Other

Medical, Life, Retirement, PTO

Posted 5 days ago


Verisk rating

7.6

Company rating: 7.6 out of 10

Based on 129 frontline employees who took The Breakroom Quiz


Job description

Job Description

Verisk's Catastrophe and Risk Solutions (CRS) team provides risk modeling software and consulting services to insurers, reinsurers, brokers, and other financial intermediaries. We're looking for aRisk Consultant or Risk Analystto join ourConsulting and Client Service Team, based in Boston, MA.

In this role, you will build client relationships based on your knowledge of Verisk's products, helping clients get the most out of their catastrophe modeling workflow. You will support a range of client-facing project work, from routine questions to multi-month consulting engagements.

You will interpret and analyze data using Verisk's Touchstone, TouchstoneRe, and Synergy Studio software, and provide recommendations to internal and external stakeholders on how to apply that data to their business problems. You will lead, manage, and execute projects for clients and internal stakeholders, working with other internal teams to deliver projects efficiently and to a high standard of quality.

Strong written and verbal communication skills, attention to detail, and the ability to manage multiple projects and client deadlines at once will be important assets in this role.

Responsibilities
  • Perform a wide range of risk analyses in support of consulting projects and internal initiatives
  • Respond to client questions in a timely manner and help bring them to a speedy and accurate resolution by working collaboratively with our internal teams
  • Communicate directly with clients to develop project timelines and manage deliverable expectations
  • Employ project management best practices when performing consulting studies and other mid- to large-scale projects
  • Support model and product change management efforts when model updates or new features are introduced in our software
  • Provide input to internal teams regarding the evolution of our products based on client feedback and your usage of our products. Remain engaged with the internal teams through feature design, development and release
  • Act as a connector across the CRS vertical and with other groups within Verisk, sharing context, surfacing cross-team needs, and helping align work across groups
Qualifications
  • Bachelor’s Degree that included quantitative courses such as mathematics, actuarial science, statistics, business or computer science
  • Experience of two or more years in a catastrophe modeling or actuarial support role is preferred
  • Experience with Microsoft Office products, including Powerpoint, Word and Excel is essential. Working knowledge or experience with Power Query or Power BI is also preferred.
  • Experience with SQL Server Management Studio or other database management or querying software is preferred
  • Experience with Claude, Microsoft Copilot or other AI tools is preferred
About Us

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

We’re 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property and Restoration Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following:

  • Health Insurance
  • a Retirement Plan
  • Disability benefits
  • a Paid Time Off program

We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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About Verisk

Sourced by ZipRecruiter

Verisk is a top-tier data analytics organization based in Jersey City, NJ, US, known for its deep industry knowledge and analytical prowess. Operating in the global risk assessment industry, it provides predictive analytics and decision support solutions to a wide range of industries like insurance, natural resources, financial services, government, and health care. Founded in 1971, Verisk operates on a mission of helping customers make superior decisions to minimize risk. With an organic growth strategy, Verisk offers a diverse portfolio of solutions, like risk assessment and decision analytics, that help businesses understand and manage their risks.

Industry

Library and information services

Company size

5,001 - 10,000 Employees

Headquarters location

Jersey City, NJ, US

Year founded

1971

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