[Remote] Model Risk Consultant Job Details | Aflac, Incorporated

Note: The job is a remote job and is open to candidates in USA. Aflac, a Fortune 500 company and leader in voluntary insurance products, is seeking a Model Risk Consultant. This role involves validating actuarial, financial, and predictive models, ensuring alignment with best practices, and communicating findings to management and risk committees.ResponsibilitiesPerforms independent validations of actuarial, financial, investment, and/or predictive modelsReviews model methodology, assumptions, and documentation to ensure alignment with ASOPs, best practices, and internal model governanceRecreates model outputs using challenger models, simplified calculations, or benchmarkingAssesses data inputs for appropriateness, completeness, and transformation accuracyEvaluates model implementation controls and change management evidenceValidates coding logic and implementation for business management software in programing languages such as SQL, R, Python, or VBAPerforms sensitivity testing, stress testing, and back testing to evaluate model robustnessIdentifies model limitations, risks, and potential failure pointsPrepares clear model validation reports that detail findings, issues, severity levels, and remediation recommendationsWorks with model owners and business stakeholders to ask model-related questions and perform controls reviewsPresents results to Model Risk Management subcommittees and working groupsTracks issue remediation and performs follow-up validationsEnsures adherence to internal MRM policies and regulatory requirements (e.g. SOX, BMA, NAIC)Develops and enhances a streamlined process for model validationsSkillsStrong practical knowledge of insurance, finance, investments and/or mathematical or statistical ModelingStrong programming skills and modeling experience to validate various model methodologies, calculations and processesAbility to design, document, and communicate the validation process to risk committees and ManagementTechnical 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/validationAdvanced knowledge of Microsoft Office, particularly Excel with strong VBA (spread-sheet automation) skillsExcellent business partnering and communication skillsAbility to dive into technical and execution level details, connect the dots while thinking StrategicallyEnthusiastic about developing and improving tools and processes, with a focus on efficiency and user friendlinessA proactive mindset with proven ability to manage projects independently and effectivelyAbility to teach/train/onboard junior analysts to mathematical concepts, programming languages and ML/AI adaptionExcellent oral, written, and interpersonal communications skills to effectively interact with peers, management, and internal customers, and external vendor representativesBachelor's Degree in Mathematics, Statistics, Computer Science, Actuarial Science, Finance, Data Science, Risk Management, or other quantitatively intensive field6 years of professional job-related work experienceFellow of the Society of Actuaries (FSA), Chartered Financial Analyst (CFA), and/or Financial Risk Manager (FRM)Insurance experience preferredBenefitsMedical, dental, and vision coveragePrescription drug coverageHealth care flexible spendingDependent care flexible spendingAflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee)401(k) plansAnnual bonusesAn opportunity to purchase company stock11 paid holidaysUp to 20 days PTO to be used for any reasonIf eligible, state-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked)Other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-beingAflac complies with all applicable leave laws, including, but not limited to, sick and safe leave, and adoption and parental leave, in all states and localitiesCompany OverviewAflac is a company that offers individuals and companies supplemental disability insurance. It was founded in 1955, and is headquartered in Columbus, Georgia, USA, with a workforce of 10001+ employees. Its website is http://www.aflac.com.Company H1B SponsorshipAflac has a track record of offering H1B sponsorships, with 8 in 2025, 2 in 2024, 3 in 2023, 7 in 2022, 2 in 2021. Please note that this does not guarantee sponsorship for this specific role.