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Quantitative Model Validation Analyst Jobs in Iowa

Grinnell Mutual Reinsurance

CAT MODELER

Des Moines, IA · On-site +1

$53.50 - $69.25/hr

Produce recurring portfolio, cedant, and event-response analytics, including AAL, PML, OEP/AEP ... Experience with catastrophe model validation, sensitivity testing, model governance, or internal ...

New

Grinnell Mutual Reinsurance

CAT MODELER

Des Moines, IA · On-site +1

$53.50 - $69.25/hr

Produce recurring portfolio, cedant, and event-response analytics, including AAL, PML, OEP/AEP ... Experience with catastrophe model validation, sensitivity testing, model governance, or internal ...

New

Aegon

Int Actuary Analyst

Cedar Rapids, IA

... validate models for various functions within the company. Responsibilities * Support modeling ... Bachelor's degree in a technical/quantitative discipline such as statistics, math, actuarial ...

FARMER MAC

Data Scientist - Credit Analytics

Johnston, IA · On-site

$115K - $160K/yr

... Analyst - Credit Analytics to identify data science and automation solutions to deliver key ... Knowledge of model validation and model risk management principles and expectations * Python ...

Motion

BI Data Analyst

Cedar Rapids, IA · On-site

... models which forecast outcomes of changes to policies or procedures. • Delivers comprehensive ... quantitative thinking and statistical data analysis. • Advanced knowledge of Microsoft Access ...

EQUITRUST

Actuary

West Des Moines, IA · On-site

$106K - $125K/yr

Establish and maintain strong model development controls, validation processes, and testing ... Automate processes and enhance analytics to improve efficiency, transparency, and accuracy

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All JobsQuantitative Model Validation Analyst JobsQuantitative Model Validation Analyst Jobs in Iowa

Quantitative Model Validation Analyst information

See Iowa salary details

$53.1K

$125.7K

$225.4K

How much do quantitative model validation analyst jobs pay per year?

As of Jun 12, 2026, the average yearly pay for quantitative model validation analyst in Iowa is $125,746.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,700.00 and $136,700.00 per year, depending on experience, location, and employer.

What are Quantitative Model Validation Analysts?

Quantitative Model Validation Analysts are professionals who assess and validate financial models used by banks and financial institutions. They ensure that these models are accurate, reliable, and comply with regulatory standards. Their work involves testing model assumptions, reviewing model methodologies, and analyzing model outputs to identify potential risks or weaknesses. By providing an independent review, they help organizations maintain the integrity and performance of their risk management and financial forecasting tools.

What are some typical challenges faced by Quantitative Model Validation Analysts when assessing complex financial models?

Quantitative Model Validation Analysts often encounter challenges such as interpreting intricate model methodologies, ensuring data integrity, and effectively communicating technical findings to stakeholders who may not have a quantitative background. Additionally, staying current with evolving regulatory requirements and industry standards can be demanding. Collaborating closely with model developers, risk managers, and auditors is crucial to address model limitations and propose actionable improvements, making strong communication and analytical skills essential for success in this role.

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

AspectQuantitative Model Validation AnalystQuantitative Risk Analyst
CredentialsTypically requires a degree in finance, mathematics, or statistics; certifications like CFA or FRM are commonSimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentFocuses on validating models used in risk management, trading, or credit scoring within financial institutionsAnalyzes and manages financial risk, including market, credit, and operational risks in banking or investment firms
Industry UsageCommonly employed in banking, asset management, and insurance sectorsWidely used in banking, hedge funds, and financial services

The main difference is that Quantitative Model Validation Analysts focus on testing and validating models to ensure accuracy and compliance, while Quantitative Risk Analysts assess and manage overall financial risks. Both roles require strong quantitative skills and often overlap in credentials and work environments, but their core responsibilities differ in scope and focus.

What are the key skills and qualifications needed to thrive as a Quantitative Model Validation Analyst, and why are they important?

To thrive as a Quantitative Model Validation Analyst, you need a strong background in quantitative finance, statistics, and programming, typically supported by a degree in mathematics, finance, or a related field. Familiarity with statistical software such as Python, R, MATLAB, and model risk management frameworks is essential, and certifications like FRM or CFA are advantageous. Analytical thinking, attention to detail, and effective communication skills set top performers apart by enabling them to explain complex model risks and recommendations clearly. These skills and qualities are vital for ensuring the accuracy, reliability, and regulatory compliance of financial models within an organization.
What are popular job titles related to Quantitative Model Validation Analyst jobs in Iowa? For Quantitative Model Validation Analyst jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Quantitative Model Validation Analyst jobs in Iowa look for? The top searched job categories for Quantitative Model Validation Analyst jobs in Iowa are:
What cities in Iowa are hiring for Quantitative Model Validation Analyst jobs? Cities in Iowa with the most Quantitative Model Validation Analyst job openings:
Quantitative Model Validation Analyst jobs near you

Actuary, Model Validation

Fidelity & Guaranty Life Insurance Company

Des Moines, IA • Remote

$113K - $133K/yr

Full-time

Posted 13 days ago

Job description

Job Summary

Actuary, Model Validation develops and maintains our Microsoft Excel based model validation tools for various use cases and product lines. The tools are essential to our governance process and need to be maintained in an efficient manner. This role will also ensure that we look for ways to continue to gain efficiencies in the process, possibly utilizing additional applications.

This position reports to the AVP, Model Validation and will manage 2 actuarial resource, including responsibilities for developing the actuarial staff.

Duties and Responsibilities

  • Collaborating with various teams to understand required changes to Corporate AXIS models used for pricing, inforce management, ALM, and valuation purposes
  • Independently updating the Microsoft Excel validation tools to incorporate the necessary changes using model change management controls and efficient programming algorithms
  • Ensure validation tools are developed and maintained using efficient methods
  • Serving as the F&G expert on the Corporate AXIS model validation tools by providing technical support and relevant training to other actuarial users that are internal and/or external to the team
  • Developing and driving enhancements to create repeatable and scalable processes
  • Maintaining comprehensive documentation
  • Fostering a risk aware culture within the team
  • Lead and manage actuarial staff, ensuring team goals are met while developing and implementing development initiatives to enhance the skills and knowledge of actuarial staff. Fostering a collaborative and growth-oriented environment.

Experience and Education Requirements

  • Bachelor's degree in mathematics, statistics, actuarial science or related field
  • FSA preferred
  • 5+ years of related actuarial experience
  • Experience with and knowledge of reporting and modeling of US Statutory and US GAAP reporting preferred
  • Experience with Fixed Indexed Annuity, Registered Index-Linked Annuity, or reinsurance thereon, preferred
  • Experience with and knowledge of AXIS or similar actuarial modeling software preferred

Knowledge, Skills & Abilities

  • Extensive experience with Microsoft Excel
  • Experience with VBA, Python, R, or other programming languages preferred
  • Strong problem-solving skills that include advanced analytical and reasoning abilities
  • Demonstrate ability to apply actuarial principles to complex situations
  • Unconditional integrity and commitment to delivering accurate information on schedule
  • Team player with demonstrated ability to proactively identify issues and to influence key project decisions to achieve desired outcomes
  • Self-starter who demonstrates strong initiative and is able to operate efficiently in unpredictable and challenging project environments
  • Excellent verbal, written, interpersonal, and presentation skills (including communicating with and presenting to all levels of management)

Physical Demands and Work Environment

  • Regular and punctual attendance
  • Some travel required (less than 10%)

#LI-JB1

#LI-Remote

Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.

F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.

Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events.

As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022

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