American Family Insurance - Corporate Model Governance and Risk Management Analyst (open to remote work) in United States
At American Family Insurance, we believe people are an organization’s most valuable asset, and their ideas and experiences matter. From our CEO to our agency force, we’re committed to growing a diverse and inclusive culture that empowers innovation that will inspire, protect, and restore our customers’ dreams in ways never imagined.
American Family Insurance is driven by our customers and employees. That’s why we provide more than just a job – we provide opportunity. Whether you’re already part of our team in search of a new challenge or new to our company and ready for what’s next, you’re in the right place. Every dream is a journey that starts with a single step. Start your journey right here. Join our team. Bring your dreams.
R18280 Model Governance and Risk Management Analyst (open to remote work) (Open)
Provides model governance and risk management services to the business. Engages and collaborates with business partners including model developers, owners and users throughout the enterprise to ensure adherence to model governance policies. Quantifies, analyses and reports model risk. Uses model risk measures to inform model governance and model risk management actions. Develops standards and guidelines for business partners that align with the industry. Relies upon personal experience with data, statistical and quantitative analysis, explanatory and predictive modeling, and fact-based management to review models or model-driven automated processes in order to identify and mitigate risk posed by insufficient documentation, validation or controls.
Works with business partners in the development and maintenance of an enterprise model inventory
Educates business partners on their roles and accountabilities as defined in the model governance policy
Ensures the model governance policy is reflective of current standards, industry best practices, and guidance from regulators
Performs model governance policy conformance reviews and communicates findings to various stakeholders and leadership with recommendations for actions to address model risk as it relates to appropriate levels of documentation, validation and controls
Acts as a subject matter expert to provide guidance to business partners on model risk mitigation techniques
Evaluates, designs, tests and maintains model governance and risk management systems and make recommendations for new tools and system enhancements
Provides business analysis, tool, and technique expertise
Identifies, develops, and shares best practice guidelines for various modeling tools or techniques
Collaborates with business partners to incorporate or enhance model risk management techniques in standard model development or maintenance processes
Specialized Knowledge & Skills Requirements
Demonstrated experience providing customer-driven solutions, support or service
Solid knowledge and understanding of forecasting techniques or statistical analysis or data modeling or data mining
Demonstrated experience utilizing software tools to query and report data
Demonstrated experience with a variety of standard reporting software packages and best practices for report deployment processes
Demonstrated experience communicating/presenting complex and independent concepts and unbiased fact-based decision-making and financial performance
Demonstrated experience developing complex data sets for wide-spread use
- This position requires travel up to 10% of the time.
Additional Job Information:
Preferred candidates for this role will have:
High proficiency in written and verbal communications
Bachelor's or Master’s Degree in Statistics, Mathematics, Economics, Finance, Actuarial Science, Data Science, Computer Science or related field, or the equivalent combination of training, education, and experience
Experience in predictive model development, deployment, monitoring, and maintenance is preferred
Offer to selected candidate will be made contingent on the results of applicable background checks
Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
Our policy restricts consideration of applicants needing employment sponsorship (visas) to specialty occupations. Sponsorship will not be considered for this position
Relocation assistance is available
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At American Family Insurance, we know how hard our customers and employees work to achieve their dreams. That’s why, for over 90 years, we’ve made it our mission to protect those dreams. It’s all part of who we are and who we’ll always be – innovative, caring, agile, trustworthy, transparent and passionate. We’re a strong, forward-looking company and a proven leader in our industry. And if you’re looking to make a difference, we’re looking for you.