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Model Validation Quant Jobs (NOW HIRING)

Quantitative Model Analyst

Morristown, NJ · On-site

$122K - $192K/yr

Perform quantitative and qualitative analyses of financial models, including the capital stress ... Validate selected models including theoretical model design, data integrity and completeness, and ...

Collaborate with model owners and stakeholders across Finance, Quantitative Research, and Growth Analytics to remediate validation findings and strengthen model governance * Partner cross ...

Conduct quantitative and qualitative validations of internally developed and vendor-provided models, assessing conceptual soundness, data, assumptions, methodology, outcomes, and limitations.

Conduct quantitative and qualitative validations of internally developed and vendor-provided models, assessing conceptual soundness, data, assumptions, methodology, outcomes, and limitations.

Bloomberg's Quantitative Analytics team is responsible for the design and implementation of ... our Model Validation, Engineering, and Product Manager partners. The QMLRA group has an open ...

Quant Analyst - Market Risk Location New York Business Area Product Ref # 10053364 Description ... our Model Validation, Engineering, and Product Manager partners. The QMLRA group has an open ...

Apply quantitative and analytical techniques to support systematic risk assessment and mitigation ... Model Validation ----- Job Family Group: ----- Job Family: ----- Time Type: Full time ----- Primary ...

Model Validation and Governance: Independently perform validation and governance efforts related to Bank models. Conduct comprehensive assessments of model accuracy, reliability, and robustness.

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Model Validation Quant information

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How much do model validation quant jobs pay per hour?

As of Sep 13, 2026, the average hourly pay for model validation quant in the United States is $52.00, according to ZipRecruiter salary data. Most workers in this role earn between $39.42 and $63.22 per hour, depending on experience, location, and employer.

What is a model validation quant?

Model Validation Quants are quantitative analysts who assess and validate the financial models used by banks and financial institutions. Their main job is to independently review models for pricing, risk management, and capital calculation to ensure they are accurate, robust, and compliant with regulatory standards. They identify potential model weaknesses, suggest improvements, and document their findings. This helps organizations manage model risk and maintain regulatory compliance.

What are the main challenges a model validation quant faces when assessing complex financial models?

One of the primary challenges for a Model Validation Quant is evaluating the robustness and accuracy of sophisticated models, especially when underlying assumptions or input data are uncertain. This often requires a deep understanding of both quantitative finance and programming, as well as the ability to communicate findings clearly to stakeholders who may not have technical backgrounds. Additionally, staying updated on regulatory requirements and best practices is crucial, as validation standards frequently evolve. Collaborating effectively with model developers and risk managers is also key to ensuring models meet both business and regulatory expectations.

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

To thrive as a Model Validation Quant, you need a strong background in quantitative finance, statistics, and mathematics, typically with an advanced degree such as a Master's or PhD. Familiarity with programming languages like Python, R, or MATLAB, and experience with risk management systems and model validation frameworks are crucial. Attention to detail, critical thinking, and clear communication help distinguish top performers in this field. These skills ensure accurate model assessments, regulatory compliance, and effective risk mitigation in financial institutions.

What is the difference between Model Validation Quant vs Model Risk Analyst?

AspectModel Validation QuantModel Risk Analyst
Required CredentialsQuantitative degrees (Math, Finance, Engineering), certifications like CFA or FRMSimilar credentials, often with risk management certifications
Work EnvironmentQuantitative teams, model validation departments, financial institutionsRisk management teams, compliance departments, financial firms
Industry UsagePrimarily in banking, asset management, hedge fundsAcross banking, insurance, asset management
Common Search/ComparisonModel Validation Quant vs Model Risk Analyst

The Model Validation Quant focuses on independently testing and validating financial models to ensure accuracy and compliance. The Model Risk Analyst also assesses models but often has a broader role in identifying and mitigating overall model risks within an organization. Both roles require strong quantitative skills and industry experience, but the Validation Quant is more specialized in model testing, while the Risk Analyst covers wider risk management functions.

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Infographic showing various Model Validation Quant job openings in the United States as of September 2026, with employment types broken down into 2% As Needed, 83% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $108,152 per year, or $52 per hour.

Actuarial and Data Science Model Validation

Hartford, CT

The Hartford
Finance and Insurance • 10K+ employees

Full-time

Re-posted 27 days ago


The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 123 frontline employees who took The Breakroom Quiz


Job description

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 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


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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

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