Location: Iowa - TMG Home Office

Department

Information Technology

Serve as the independent validator of AI Systems, responsible for technical assessment, model risk evaluation, and ongoing monitoring of AI/ML models across The Mutual Group and its member insurance carriers.

This is a highly hands-on individual contributor role focused exclusively on AI Systems, with emphasis on predictive models impacting underwriting, claims, and decision-making. The role supports the AIS Program by providing objective, technical validation input into governance and approval decisions.

Work Arrangement

Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional in‑office days.

Accountabilities

Model Validation (Core Responsibility)

Perform independent validation of AI/ML models, including

Model design, methodology, and assumptions
Training and test data quality and representativeness
Performance metrics, thresholds, and benchmarking
Review vendor-provided FactSheets and technical documentation for completeness and accuracy

Risk Assessment

Evaluate key model risks, including

Bias and fairness
Explainability and interpretability
Model limitations and edge cases

Assess alignment with

NAIC expectations
Model risk management practices
Identify gaps and recommend risk mitigation strategies

Governance Integration

Provide independent validation input into AI governance decisions
Support the AIS / Security Governance Team by contributing technical risk perspectives during AI system reviews
Act as a second-line reviewer to challenge assumptions and strengthen decision-making

Ongoing Monitoring

Lead twice-annual validation of AI Systems

Monitor predictive models for

Drift

Stability

Performance degradation
Ensure monitoring practices align with AIS Program requirements
Recommend corrective actions when performance or risk thresholds are breached

Documentation & Audit Support

Maintain model validation documentation for

Internal audit

Regulatory review

Ensure validation results are

Clearly documented
Traceable and reproducible
Support inquiries with technical analysis and evidence

Qualifications

5+ years in data science, model risk management, or AI/ML validation

Experience working with predictive models in regulated environments (insurance or financial services preferred)

Strong understanding of

Machine learning models and statistical techniques
Model evaluation and validation methodologies
Bias and fairness concepts
Model lifecycle management

Familiarity with

NAIC AI Model Bulletin

NIST AI RMF

Model governance and validation standards

Ability to translate technical findings into business and risk implications

Pay Range

Anticipated Hiring Range

$100,000 - $135,000 annual base salary depending on experience, qualifications, and geographic location

Benefits

We are proud to offer our full-time regular employees a robust benefits suite that includes:
Competitive base salary plus incentive plans for eligible team members
401(K) retirement plan that includes a company match of up to 6% of your eligible salary
Free basic life and AD&D, long-term disability and short-term disability insurance
Medical, dental and vision plans to meet your unique healthcare needs

Wellness incentives

Generous time off program that includes personal, holiday and volunteer paid time off

Flexible work schedules and hybrid/remote options for eligible positions

Educational assistance

Equal Opportunity Employer

The Mutual Group is an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

Know Your Rights: Workplace Discrimination is Illegal

Your Rights Under USERRA

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact [email protected].

Employment Verification

The Mutual Group participates in theE-Verify program and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected from employment discrimination based on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

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Additional Locations: Dallas, Texas, Chicago, Illinois, Atlanta, Georgia, New York, New York

AI Model Risk Validation Specialist