This work presents a novel mathematical model for the analysis of thermal stresses in a radiative annular fin with temperature-dependent thermal conductivity and radiative parameter. An approximate analytical solution for thermal stresses is derived using a homotopy perturbation method (HPM)-based closed-form solution of steady-state nonlinear heat transfer equation, coupled with classical elasticity theory. The effect of thermal parameters on the temperature field and the thermal stress fields are discussed. The various thermal parameters, such as a parameter describing the temperature-dependent thermal conductivity, coefficient of thermal expansion, coefficient of radiative parameter, and the variable radiative parameter, are inversely estimated for a given stress field. For inverse modeling, a population-based sine cosine algorithm (SCA) was employed to estimate the thermal parameters. The inverse modeling is verified by using the estimated thermal parameters in the closed-form solution of stress field. The reconstructed stress fields obtained from the inversely estimated parameters are then compared with the reference stress field. Results show a very good agreement between the reference stress field and the inversely estimated stress fields.