Model Risk Consultant
$105k - $140kAflac, Incorporated
Salary Range: $105,000 - $140,000 Job Posting End Date: July 15, 2026 We’ve Got You Under Our Wing We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac. Worker Designation – This role is designated as a remote role. You will be expected to work from your home, within the continental US. Although this role is designated as remote, there may be occasions that you are requested to come to the office based on business need. Any requests to come to the office would be communicated with you in advance. What does it take to be successful at Aflac? Acting with Integrity Communicating Effectively Pursuing Self-Development Serving Customers Supporting Change Supporting Organizational Goals Working with Diverse Populations What does it take to be successful in this role?
- Strong practical knowledge of insurance, finance, investments and/or mathematical or statistical Modeling
- Strong programming skills and modeling experience to validate various model methodologies, calculations and processes
- Ability to design, document, and communicate the validation process to risk committees and Management
- Technical proficiency in SQL and cloud-based platforms (Snowflake preferred)
- Technical proficiency in programming languages (Python and R preferred)
- Ability to adapt to newer platforms that may be adopted to boost usage of ML/AI for process automation/validation
- Advanced knowledge of Microsoft Office, particularly Excel with strong VBA (spread-sheet automation) skills
- Excellent business partnering and communication skills
- Ability to dive into technical and execution level details, connect the dots while thinking Strategically
- Enthusiastic about developing and improving tools and processes, with a focus on efficiency and user friendliness
- A proactive mindset with proven ability to manage projects independently and effectively
- Ability to teach/train/onboard junior analysts to mathematical concepts, programming languages and ML/AI adaption
- Excellent oral, written, and interpersonal communications skills to effectively interact with peers, management, and internal customers, and external vendor representatives
- Performs independent validations of actuarial, financial, investment, and/or predictive models
- Reviews model methodology, assumptions, and documentation to ensure alignment with ASOPs, best practices, and internal model governance
- Recreates model outputs using challenger models, simplified calculations, or benchmarking
- Assesses data inputs for appropriateness, completeness, and transformation accuracy
- Evaluates model implementation controls and change management evidence
- Validates coding logic and implementation for business management software in programing languages such as SQL, R, Python, or VBA
- Performs sensitivity testing, stress testing, and back testing to evaluate model robustness
- Identifies model limitations, risks, and potential failure points
- Prepares clear model validation reports that detail findings, issues, severity levels, and remediation recommendations
- Works with model owners and business stakeholders to ask model-related questions and perform controls reviews
- Presents results to Model Risk Management subcommittees and working groups
- Tracks issue remediation and performs follow-up validations
- Ensures adherence to internal MRM policies and regulatory requirements (e.g. SOX, BMA, NAIC)
- Develops and enhances a streamlined process for model validations
$75.53k - $116.31k
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