TheGuarantors is a cutting edge fintech company setting the standard in rent coverage with unrivaled insurance products. With a deep understanding of owner, operator, and renter needs, we believe renters deserve better access to the home of their dreams and operators deserve greater protection and growth opportunities. That’s why we’re leveraging our expertise in real estate and using AI-based technology to help operators qualify renters faster while mitigating the risk of rental income loss. With $5B+ in rent and deposits guaranteed, we work with 9 of the country’s top 10 operators and have been named one of Inc. 5000’s fastest-growing companies, one of Forbes’ Best Startup Employers, and one of Deloitte’s Technology Fast 500.
Location
This is a hybrid position based out of New York.
The OpportunityWe are seeking a Risk Modeling & Analytics Associate with deep expertise in credit and insurance model development and calibration, including Probability of Default (PD), Severity, Recovery Rate, and Expected Loss modeling. This role will sit within the Risk Management team and report to the Director of Risk Analytics, playing a pivotal role in model lifecycle management, ongoing monitoring, and the performance evaluation of underwriting and risk models across our products.
This is an ideal role for a candidate coming from banking, lending, or insurance, with robust technical capabilities and a strategic mindset focused on risk decision-making.
Responsibilities
- Model Calibration and Development
- Lead the calibration and performance monitoring of PD, Severity, and Recovery models across underwriting and pricing frameworks.
- Support design and enhancement of Expected Loss models for forecasting and capital planning purposes.
- Collaborate with cross-functional teams to embed model outputs into underwriting decisions and operational workflows.
- Risk Analytics and Insights
- Deliver independent analysis of model performance and emerging risk patterns across the portfolio.
- Develop and maintain dashboards and reporting suites for loss forecasting, model drift, and backtesting.
- Interpret model performance across dimensions (e.g., product, geography, credit tier) to identify risks and opportunities.
- Model Monitoring and Governance
- Build automated processes for ongoing model monitoring, including statistical metrics (e.g., Gini, KS, Brier score), stability, and threshold reviews.
- Ensure robust documentation, version control, and audit trail for all models in line with internal risk governance.
- Underwriting & Risk Strategy
- Contribute to the continuous optimization of underwriting criteria based on risk insights and model outcomes.
- Assess emerging trends in claim behavior, delinquency, and fraud for potential model refinements.
- Cross-Functional Collaboration
- Act as a subject matter expert in risk modeling within initiatives involving Product, Data, Operations, and Finance.
- Support model implementation with Engineering and Data Science teams, ensuring alignment with business requirements.
Requirements
- Bachelor’s or Master’s degree (preferred) in a quantitative field (e.g., Statistics, Mathematics, Economics, Data Science, Actuarial Science).
- 5+ years of experience in a credit risk, actuarial, or quantitative analytics role in banking, insurance, or fintech.
- Demonstrated experience in PD, LGD/Severity, or Expected Loss model development, validation, and monitoring.
- Advanced skills in SQL and Python required; familiarity with Git, dbt, Power BI, or similar tools a plus.
- Solid understanding of risk-based pricing, portfolio risk segmentation, and claims performance metrics.
- Proven ability to translate data into actionable insights and strategic recommendations.
- Strong critical thinking, problem-solving, and collaboration skills.
- Self-driven and results-oriented, with the ability to manage multiple priorities effectively.
Benefits
- Opportunities to make an impact within a fast growing company
- Medical, dental, & vision insurance, beginning day one
- Health savings account with employer contribution
- Flexible spending accounts (healthcare, dependent care, commuter)
- 401(k)
- Generous PTO and paid holidays
- Flexible working hours
- Paid parental leave
- Company sponsored short and long term disability
Base Salary
The base salary range is between $145,000 - $160,000 annually.
Base salary does not include other forms of compensation or benefits. Final offer amounts are determined by multiple factors, including prior experience, expertise, location and current market data and may vary from the range above.
Stay in Touch
Does this role not quite match your skills, but you’re still interested in what we're doing? Stay In Touch to be one of the first to hear about future opportunities!
TheGuarantors is an Equal Opportunity Employer. We celebrate diversity and are committed to an inclusive environment for all.
Top Skills
What We Do
At TheGuarantors, we offer unmatched insurance solutions for both renters and property operators—covering every lease, every time.
Our mission is simple: to give renters better access to their ideal homes while empowering operators with stronger protection and new growth opportunities. By leveraging our real estate expertise, we help operators qualify renters faster and reduce the risk of rental income loss. Our commitment to exceptional service has earned us a 99% retention rate among owners and operators.
With $4 billion in rent and deposits guaranteed, TheGuarantors is trusted in over 3 million units nationwide. We’re proud to be recognized as one of Inc. 5000’s fastest-growing companies, a Forbes Best Startup Employer, and a member of Deloitte’s 2024 Technology Fast 500.
Want to be part of the team revolutionizing the rental experience? Explore our open positions and apply at careers.theguarantors.com.
Why Work With Us
At TheGuarantors, we're passionate about building a brand experience that genuinely advocates for owners, operators, and renters. We work hard to ensure renters can get the home of their dreams while operators get the risk protection they need and deserve.
Gallery
