Deep knowledge of statistics, simulation, & stochastic modeling techniques * Proficient programming skills in Python, R, or similar preferred * Well versed with man-made accumulation risks state of ...
Deep knowledge of statistics, simulation, & stochastic modeling techniques * Proficient programming skills in Python, R, or similar preferred * Well versed with man-made accumulation risks state of ...
Principal Consultant - US- Engineering Analytics, Stochastic Modeling, Meta-Heuristic Techniques, Machine Learning Location : Plano, TX Duration : Full Time (Permanent) Qualifications Basic Bachelor ...
Principal Consultant - US- Engineering Analytics, Stochastic Modeling, Meta-Heuristic Techniques, Machine Learning Location : Plano, TX Duration : Full Time (Permanent) Qualifications Basic Bachelor ...
Deep knowledge of statistics, simulation, & stochastic modeling techniques * Proficient programming skills in Python, R, or similar preferred * Well versed with man-made accumulation risks state of ...
Deep knowledge of statistics, simulation, & stochastic modeling techniques * Proficient programming skills in Python, R, or similar preferred * Well versed with man-made accumulation risks state of ...
Assistant Actuary - Capital Modeling (Hybrid)
Boston, MA · Hybrid
$113K - $194K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Assistant Actuary - Capital Modeling (Hybrid)
Boston, MA · Hybrid
$113K - $194K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Remote Quantitative Finance Analyst
Chicago, IL · Remote
$100 - $200/hr
Evaluate LLM models on quantitative finance topics such as stochastic modeling, derivatives pricing, statistical arbitrage, and risk quantification. * Create rubrics to assess model capabilities on ...
Quick apply
Remote Quantitative Finance Analyst
Chicago, IL · Remote
$100 - $200/hr
Evaluate LLM models on quantitative finance topics such as stochastic modeling, derivatives pricing, statistical arbitrage, and risk quantification. * Create rubrics to assess model capabilities on ...
Principal Actuary - Capital Modeling (Hybrid)
Boston, MA · On-site
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
New
Principal Actuary - Capital Modeling (Hybrid)
Boston, MA · On-site
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
New
Principal Actuary - Capital Modeling (Hybrid)
Madison, WI · On-site
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
New
Principal Actuary - Capital Modeling (Hybrid)
Madison, WI · On-site
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
New
Principal Actuary - Capital Modeling (Hybrid)
Madison, WI · On-site +1
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Principal Actuary - Capital Modeling (Hybrid)
Madison, WI · On-site +1
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Assistant Actuary - Capital Modeling (Hybrid)
Madison, WI · Hybrid
$113K - $194K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Assistant Actuary - Capital Modeling (Hybrid)
Madison, WI · Hybrid
$113K - $194K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Perform enterprise risk quantification, stochastic modeling, and capital adequacy analyses across underwriting, reserving, catastrophe, market, credit, and operational risks. * Conduct stress testing ...
Perform enterprise risk quantification, stochastic modeling, and capital adequacy analyses across underwriting, reserving, catastrophe, market, credit, and operational risks. * Conduct stress testing ...
Strong numerical skills and experience with stochastic modeling and capital markets models. * Ability to derive mathematical formulas and implement them programmatically. * Strong understanding of ...
Strong numerical skills and experience with stochastic modeling and capital markets models. * Ability to derive mathematical formulas and implement them programmatically. * Strong understanding of ...
Principal Actuary - Capital Modeling (Hybrid)
Madison, WI · On-site
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Principal Actuary - Capital Modeling (Hybrid)
Madison, WI · On-site
$131K - $220K/yr
You will perform stochastic modeling analyses to measure and forecast financial strength of the Enterprise. Analyses include periodic forecasts based on Profit & Growth Plan and what-if scenarios ...
Experience with deterministic or stochastic modeling, optimization, or heuristic approaches such as genetic algorithms or simulated annealing * Familiarity with the physics of electro optical passive ...
Experience with deterministic or stochastic modeling, optimization, or heuristic approaches such as genetic algorithms or simulated annealing * Familiarity with the physics of electro optical passive ...
AI ML Engineer
Phoenix, AZ · On-site
$113K - $136K/yr
Knowledge of Monte Carlo simulations and stochastic modeling * Experience with Git and CICD pipelines * Exposure to regulatory frameworks Solvency II IFRS 17 Soft Skills: * Strong problem solving and ...
Quick apply
AI ML Engineer
Phoenix, AZ · On-site
$113K - $136K/yr
Knowledge of Monte Carlo simulations and stochastic modeling * Experience with Git and CICD pipelines * Exposure to regulatory frameworks Solvency II IFRS 17 Soft Skills: * Strong problem solving and ...
Strong numerical skills and experience with stochastic modeling and capital markets models. * Ability to derive mathematical formulas and implement them programmatically. * Strong understanding of ...
Strong numerical skills and experience with stochastic modeling and capital markets models. * Ability to derive mathematical formulas and implement them programmatically. * Strong understanding of ...
Experience with deterministic or stochastic modeling, optimization, or heuristic approaches such as genetic algorithms or simulated annealing * Familiarity with the physics of electro optical passive ...
Experience with deterministic or stochastic modeling, optimization, or heuristic approaches such as genetic algorithms or simulated annealing * Familiarity with the physics of electro optical passive ...
Experience with contaminant transport modeling, parameter estimation, uncertainty analysis, sensitivity analysis, or stochastic modeling. * Programming or scripting experience using Python, R, VBA ...
New
Experience with contaminant transport modeling, parameter estimation, uncertainty analysis, sensitivity analysis, or stochastic modeling. * Programming or scripting experience using Python, R, VBA ...
New
Experience with deterministic or stochastic modeling, optimization, or heuristic approaches such as genetic algorithms or simulated annealing * Familiarity with the physics of electro optical passive ...
Experience with deterministic or stochastic modeling, optimization, or heuristic approaches such as genetic algorithms or simulated annealing * Familiarity with the physics of electro optical passive ...
Python Developer - Oil & Gas Sector
Houston, TX · On-site
$48 - $66/hr
... stochastic modeling, and probability analysis. • Show proficiency in data visualization tools like Matplotlib, Plotly, or Seaborn. • Build and interpret simulation models to generate clear ...
Python Developer - Oil & Gas Sector
Houston, TX · On-site
$48 - $66/hr
... stochastic modeling, and probability analysis. • Show proficiency in data visualization tools like Matplotlib, Plotly, or Seaborn. • Build and interpret simulation models to generate clear ...
AFSIM Developer
Huntsville, AL · On-site
Familiarity with modeling and simulation principles including discreteevent simulation, stochastic modeling, Monte Carlo techniques, and scenario-based experimentation. Strong programming skills in ...
AFSIM Developer
Huntsville, AL · On-site
Familiarity with modeling and simulation principles including discreteevent simulation, stochastic modeling, Monte Carlo techniques, and scenario-based experimentation. Strong programming skills in ...
Stochastic Modeling information
See salary details
$25.5K - $41.5K
6% of jobs
$41.5K - $57.5K
9% of jobs
$69.5K is the 25th percentile. Wages below this are outliers.
$57.5K - $73.5K
13% of jobs
$73.5K - $89.5K
17% of jobs
The median wage is $94.5K / yr.
$89.5K - $105.5K
17% of jobs
$121.5K is the 75th percentile. Wages above this are outliers.
$105.5K - $121.5K
14% of jobs
$121.5K - $137.5K
9% of jobs
$137.5K - $153.5K
6% of jobs
$153.5K - $169.5K
3% of jobs
$169.5K - $185.5K
3% of jobs
$185.5K - $201.5K
3% of jobs
$25.5K
$104.4K
$201.5K
How much do stochastic modeling jobs pay per year?
What is stochastic modeling?
A Stochastic Modeling job involves developing mathematical models that incorporate randomness to analyze uncertain systems and predict outcomes. Professionals in this field apply probability theory, statistics, and computational techniques to fields such as finance, insurance, engineering, and data science. They build and validate models to assess risks, optimize decision-making, and improve forecasting accuracy. Strong analytical skills and proficiency in programming languages like Python, R, or MATLAB are often required.
What does someone in stochastic modeling do?
As a stochastic modeling professional, your daily tasks might include developing and validating probabilistic models, analyzing large datasets, and performing simulations to forecast outcomes or assess risks. You’ll often collaborate with cross-functional teams such as data scientists, financial analysts, or engineers to translate real-world problems into mathematical frameworks. Regular responsibilities also involve presenting findings to stakeholders, refining models based on new data, and staying updated on the latest modeling techniques in your industry. This role provides a balance of independent analytical work and teamwork, offering diverse challenges and skill development opportunities.
What are the key skills and qualifications needed for stochastic modeling?
To thrive in stochastic modeling, you need strong mathematical and statistical skills, often backed by a degree in mathematics, statistics, data science, or a related field. Expertise with technical tools such as R, Python, MATLAB, and statistical modeling software, as well as familiarity with industry-standard certifications like FRM or CFA in finance, is highly valued. Analytical thinking, attention to detail, and the ability to communicate complex ideas to non-technical stakeholders are critical soft skills. These competencies allow you to create accurate models for forecasting and risk assessment, helping organizations make informed decisions in uncertain environments.
What are the most commonly searched types of Stochastic Modeling jobs?
The most popular types of Stochastic Modeling jobs are:
What job categories do people searching Stochastic Modeling jobs look for?
The top searched job categories for Stochastic Modeling jobs are:
What other helpful pages are available for Stochastic Modeling?
Other pages related to Stochastic Modeling:

Lead Actuarial Risk Modeler, Cyber
Duluth, GA • On-site
Full-time
Re-posted 24 days ago
Job description
Overview:
As Lead Actuarial Risk Modeler, you will utilize your actuarial and risk modeling skills with specialized expertise in cyber to support Tokio Marine Holdings model development, validation, and analytics. This position will be located in Metro Atlanta area (Duluth, GA) joining a bright team of experts in risk modeling, analytics, research, and development.
Performance Objectives:
- Cyber and Cat Analytics: Expert user of vendor cyber models and applied analytics supporting various functions in risk management and underwriting.
- Research and Catastrophe Model Evaluations: Develop benchmarks and validate model components and results presenting conclusions and recommendations to stakeholders. Actively research in the field of cyber and (man-made) accumulation risks.
- Cyber and Cat Model Development: Apply specialized actuarial and cyber expertise to develop risk models for cyber and other perils - (man-made) accumulation risks and natural catastrophe.
- Training and Collaboration: As an expert in the field, proactively share expertise and research on various research and relevant topics via training and collaboration with the broader Tokio Marine Group.
Requirements:
- Bachelor's degree in Actuarial Science, Data Science, Statistics or similar field; advanced degree or actuarial certifications (ACAS/FCAS) preferred.
- A minimum of 5 years of relevant and progressive professional experience in cyber risk modeling, actuarial, or catastrophe modeling and analytics with proven track record in developing and validating risk models in P&C (re)insurance industry.
- Expert user of vendor cyber models with thorough understanding of related frameworks
- Deep knowledge of statistics, simulation, & stochastic modeling techniques
- Proficient programming skills in Python, R, or similar preferred
- Well versed with man-made accumulation risks state of knowledge
- Experience applying actuarial expertise in catastrophe modeling and risk analytics
- Flexibility and a willingness to learn
- Sound analytical skills, as well as strong decision-making and problem-solving aptitude
- Exceptional communication and presentation skills with ability to establish networks
- Experience with project management a plus