The motion of a ship/offshore platform at sea is governed by a coupled set of nonlinear differential equations. In general, analytical solutions for such systems do not exist and recourse is taken to time-domain simulations to obtain numerical solutions. Each simulation is not only time consuming but also captures only a single realization of the many possible responses. In a design spiral when the concept design of a ship/platform is being iteratively changed, simulating multiple realizations for each interim design is impractical. An analytical approach is preferable as it provides the answer almost instantaneously and does not suffer from the drawback of requiring multiple realizations for statistical confidence. Analytical solutions only exist for simple systems, and hence, there is a need to simplify the nonlinear coupled differential equations into a simplified one degree-of-freedom (DOF) system. While simplified methods make the problem tenable, it is important to check that the system still reflects the dynamics of the complicated system. This paper systematically describes two of the popular simplified parametric roll models in the literature: Volterra GM and improved Grim effective wave (IGEW) roll models. A correction to the existing Volterra GM model described in current literature is proposed to more accurately capture the restoring forces. The simulated roll motion from each model is compared against a corresponding simulation from a nonlinear coupled time-domain simulation tool to check its veracity. Finally, the extent to which each of the models captures the nonlinear phenomenon accurately is discussed in detail.