Guardian Life Insurance

Model Risk & Validation Lead

Guardian Life Insurance$103K — $169K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in insurance or financial services, preferably actuarial science and/or risk management.
  • Very strong technical skills with various modeling platforms.
  • Proven leadership and communication skills.
  • Ability to accelerate impact and desire to lead change.
  • FSA preferred but not required.

Responsibilities

  • Perform independent validations of models across the company.
  • Engage with modeling teams and stakeholders to understand modeling processes.
  • Review end-to-end model processes, including input, calculations, and outputs.
  • Challenge model methodologies and assumptions to identify weaknesses.
  • Record and communicate validation findings to internal audiences.
  • Engage in model lifecycle support during development phases.
  • Contribute to AI, machine learning, and analytics risk management governance.

Benefits

  • Hybrid work model (3 days in office, 2 days remote).
  • Opportunity to shape strategy in a developing team.
  • Involvement in emerging AI and risk management frameworks.
  • Fostering a culture aligned with best practices in risk management.
Full Job Description

TheModelRisk & Validation Leadpositionisacrucialrole on the Model RiskManagementteam, whichis a new and expandingunitat Guardian. As such, this person will have the opportunity tocontribute to the strategy and execution of thisdevelopingteam.

TheModel RiskManagementteamoverseesascope of productsincludingbut not limitedtolife, annuity,disability, groupbusiness, and funding agreements, with a focus onstatutory and economicframeworks.Riskspertaining tothe emerging and quicklyevolving space of artificial intelligence will command specific attention, as well as those related to assumption governance and oversight. Effective collaboration and engagement amongst the internal team as well as with the various business areas isessential towards achieving successin this role.

You will

  • Perform validations of models across the company in an independent manner, which includes but is not limited to:

  • Collecting models, documentation, and other relevant artifacts.

  • Engaging in meetings with the modeling teamsand other relevant stakeholders to understand the modeling processes and develop knowledge on product or technology details.

  • Reviewing the end-to-end process of the model, which includes the input, calculation, and output components, as well as the governance procedures, controls, and other relevant aspects of the models and processes.

  • Understanding the model methodologies and assumptions and challenge for weaknesses.

  • Recording and organizing all findings and/or issues that may arise from thevalidationexercises.

  • Verbally communicate validation results and discuss issues or challenges with targeted internal audiencesand other stakeholders.

  • Engage in the entire model lifecycle includingsupportingvalidation efforts during model development phases.

  • Addressany potential future misstatementsor inaccuracies throughfacilitatingoptimalmodel andprocess design andimplementation ofpreventative and detective controls.

  • Contribute to the continued growth and development of artificial intelligence, machine learning, and advanced analytics risk management through independentgovernance andvalidation activities within the Model Risk Management framework.

  • Support the Head of Model Risk Governance through independent assessment and challenge of model assumptions within the Model Risk Management framework, including reasonableness, limitations, interdependencies, governance controls, alignment with intended use, and experience tracking.

  • Maintain and manage the model validation findings inventory, including issue severity assessment, remediation tracking, and validation closure support.

  • Support independent data risk assessments onmodel-adjacentdata assets, such as applications.

  • Leadpresentations related to model validation outcomes, emergingmodelrisks, and thematic observations across the enterprise.

  • Communicate with targeted internal audiences and other stakeholders to ensure alignment with the model risk management policy and foster a company culture that understands and adheres to model risk management best practices.

You are

  • A self-motivatedperson, able to work independently.

  • A strategic thinker, with the ability to connect the dots across the organization,and develop creative solutions to dynamic,complex, and uniquebusiness challenges.

  • Atrusted partner whocanbuildstrongand effectiverelationships acrossa wide range of stakeholders and customers.

  • Technically proficientregardingmodel and process infrastructure as well as being an effective communicator.

  • Results-oriented and able toexecutetasks efficiently.

  • Comfortable setting direction within a growing model validation function.

You have

  • 5+years of experiencein theinsuranceor financial servicesindustry, preferably with experience inactuarial science and/orrisk management.

  • Very strongtechnical skills witha variety ofmodeling platforms.

  • Provenleadership andcommunication skills.

  • The ability to accelerate impact andthe desire toleadchange.

  • FSA preferred but notrequired.

Reporting Relationship

You will report totheHead ofModel RiskGovernance,who reports to ourHead ofModel, AI, and Data Risk

Location

Hybrid role - 3 days in office in the Hudson Yards, NYC or Bethlehem, PA office; 2 days WFH

Salary Range:

$103,450.00 - $169,960.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

About Guardian Life Insurance

Guardian Life Insurance Careers

Join the Guardian Life Insurance team today and be part of a company that values growth, leadership, and innovation. As a leading provider in the insurance industry, Guardian Life Insurance offers a wealth of job opportunities that empower you to shape your future and strengthen your professional skills. Work You’ll Do At Guardian Life Insurance, you’ll collaborate with a diverse team of experts dedicated to providing exceptional service and innovative solutions to our clients. Our culture thrives on inclusivity and the shared ambition of our team members to drive positive change in the insurance sector. Explore a variety of career paths in areas ranging from customer service to financial advisement, each offering the potential to engage with transformative projects that impact lives. Our commitment to professional growth is evident in our robust training programs, including leadership development and diversity training, designed to enhance your skills and advance your career. Innovative Work Guardian Life Insurance is at the forefront of integrating cutting-edge technology and personalized service. Join us and contribute to initiatives that redefine industry standards and lead to more predictive and personalized customer experiences. Be Part of a Great Team Our team at Guardian Life Insurance is our strongest asset. We foster an environment where creativity and effectiveness are encouraged, making it a perfect place for those who seek to innovate and excel in their careers. With a focus on nurturing talent, we offer comprehensive benefits, competitive salaries, and a supportive atmosphere that advocates work-life balance. Future-Proof Your Career With Guardian Life Insurance, your career is future-proof. Dive into a range of employment opportunities that not only align with your current skills but also challenge you to grow and expand your capabilities. Whether you’re looking for a full-time position, an internship, or even leadership roles, Guardian Life Insurance is committed to helping you find the right path. Stay Connected Join Our Team Discover the job opportunities waiting for you at Guardian Life Insurance. We are continuously hiring and looking for individuals who are passionate, driven, and ready to contribute to our mission. Search open positions that match your skills and interests, and take the first step towards a rewarding career with us. Keep Up to Date Stay informed with the latest career tips, industry insights, and company news—all from the professionals who make Guardian Life Insurance a leader in the insurance industry. Our careers blog provides valuable information to help you prepare for your next interview, polish your resume, and enhance your networking abilities. Job Alert Emails Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. Discover exciting and rewarding opportunities that await at Guardian Life Insurance, and see how you can contribute to our legacy of excellence and innovation. Join Guardian Life Insurance today and be part of a company that’s dedicated to your career growth and professional development.
Learn more about Guardian Life Insurance
Size
9,000 employees
Industry
Founded
1860

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