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Senior Model Risk Management Jobs in Fishers, IN

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Senior Model Risk Management information

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$21.1K

$110.7K

$196.6K

How much do senior model risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for senior model risk management in Fishers, IN is $110,691.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,100.00 and $135,700.00 per year, depending on experience, location, and employer.

What is the difference between Senior Model Risk Management vs Model Validation Analyst?

AspectSenior Model Risk ManagementModel Validation Analyst
CredentialsAdvanced degrees in finance, statistics, or related fields; certifications like FRM or CFASimilar credentials; often holds CFA, FRM, or related certifications
Work EnvironmentStrategic oversight, risk assessment, policy development within financial institutionsHands-on model testing, validation, and documentation in quantitative teams
Industry UsageUsed across banking, insurance, asset management for risk governancePrimarily in banking and financial services for model validation roles

While both roles require quantitative expertise and relevant certifications, Senior Model Risk Management focuses on overseeing and managing model risks at a strategic level, whereas Model Validation Analysts concentrate on testing and validating models to ensure accuracy and compliance.

What are the most commonly searched types of Model Risk Management jobs in Fishers, IN? The most popular types of Model Risk Management jobs in Fishers, IN are:
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Senior Model Risk Management jobs near you
Associate Director, Operational Risk and Corporate Insurance

Associate Director, Operational Risk and Corporate Insurance

Group1001

Indianapolis, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted yesterday

Group1001 rating

9.5

Company rating: 9.5 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

9th of 259 rated insurance

Job description

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.
Why This Role Matters:
This position offers the opportunity to influence organizational strategy, drive continuous improvement in risk management practices, and shape the future of our enterprise risk culture. The Associate Director, Operational Risk and Corporate Insurance is a highly visable position supporting the Enterprise Risk Management framework for the organization. You will focus on identifying, assessing, and mitigating operational risks while ensuring that corporate and subsidiary insurance programs align with the company's evolving strategic objectives. The successful candidate will work closely with business units, cross-functional teams, and the first line of defense to strengthen the company's operational risk posture, enhance governance reporting, and drive risk-aware decision-making. As part of the Risk Management Department, this individual will blend technical expertise, business acumen, and strong communication skills to influence stakeholders and promote a robust, enterprise-wide risk culture.
Join our dynamic team and play a pivotal role in safeguarding the company's interests while fostering sustainable growth.
This position is hybrid, 2-days in the office, at our Corporate Headquarters in Zionsville, Indiana.
How You'll Contribute:
  • Execute and coordinate risk activities, including risk assessments, issue management, and the monitoring and reporting of Key Risk Indicators (KRIs), risk appetite metrics, and emerging risks.
  • Collaborate with various operational risk disciplines to provide a comprehensive view of interdependent and correlated risks, using strong influencing and negotiation skills to proactively address potential exposures.
  • Prepare governance reports and communications to senior leadership on changes to the operational risk profile, recommending risk mitigation strategies and solutions.
  • Partner with business stakeholders to ensure commercial insurance coverage remains aligned with evolving business needs and regulatory requirements.
  • Assist in the procurement and renewal of all corporate and subsidiary commercial insurance policies, engaging with brokers and carriers, providing updated company information, and completing renewal applications.
  • Coordinate and report on commercial insurance claims activity, including placing carriers on notice, updating internal stakeholders, and ensuring timely and accurate resolution.
  • Respond to Certificate of Insurance requests and provide ongoing risk management advisory support.
  • Build and maintain strong relationships with key stakeholders across the organization, including business units, risk management teams, and senior leadership.
  • Collaborate with internal partners to align operational risk initiatives with strategic business objectives and regulatory compliance requirements.
  • Lead or support risk management projects and initiatives, providing subject matter expertise and promoting a culture of risk awareness and continuous improvement.
  • Prepare and present operational and enterprise risk management reports, communicating key findings, trends, and recommendations to various business areas and leadership teams.
  • Utilize advanced data management and analytical tools to identify and assess operational risk exposures and support data-driven decision-making.

What We're Looking For:
  • Bachelor's degree or equivalent business experience in Risk Management, Business Administration, or a related field; equivalent business experience may be considered.
  • Minimum of 5+ years of experience in risk management, operations management, information security, vendor management, or a related discipline.
  • In-depth understanding of various commercial insurance products, such as property, liability, workers' compensation, cyber, and business interruption insurance.
  • A confident self-starter who can work with minimal supervision and is willing to learn and grow within the role.
  • Familiarity with annuity products and insurance company operations is highly valued. Property or health product experience is a plus.
  • Excellent analytical, organizational, and decision-making abilities with a strong attention to detail.
  • Proven ability to operate effectively in both technical and business process environments.
  • Strong business acumen, initiative, and the capacity to forge and sustain relationships in a complex organizational setting.
  • Advanced proficiency in Microsoft Office (Excel, Outlook, Word, PowerPoint); experience with AuditBoard or similar systems is a plus.
  • Relevant professional certifications (e.g., ARM, CRM, CRMP) are highly preferred.

Benefits Highlights:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001's benefits package. Employees (and their families) are eligible to participate in the Company's comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company's Employee Assistance Program and wellness programs-no enrollment is required. Employees may also participate in the Company's 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
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