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Associate Quantitative Risk Analyst Jobs in Pennsylvania

Familiarity with entity resolution, graph/network analytics , or customercentric risk frameworks ... Master degree in Mathematics, Statistics, Operations Management, Economics or other quantitative ...

Familiarity with entity resolution, graph/network analytics , or customercentric risk frameworks ... Master degree in Mathematics, Statistics, Operations Management, Economics or other quantitative ...

Familiarity with entity resolution, graph/network analytics , or customercentric risk frameworks ... Master degree in Mathematics, Statistics, Operations Management, Economics or other quantitative ...

Familiarity with entity resolution, graph/network analytics , or customercentric risk frameworks ... Master degree in Mathematics, Statistics, Operations Management, Economics or other quantitative ...

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Associate Quantitative Risk Analyst information

What are the key skills and qualifications needed to thrive as an Associate Quantitative Risk Analyst, and why are they important?

To thrive as an Associate Quantitative Risk Analyst, you need a strong background in mathematics, statistics, finance, and data analysis, typically supported by a relevant degree such as in finance, mathematics, or economics. Familiarity with statistical software (like R, SAS, or Python), financial modeling tools, and possibly certifications such as FRM or CFA is highly valuable. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting complex data and presenting findings. These competencies are essential for accurately assessing financial risks and supporting informed decision-making in risk management environments.

What are some common challenges faced by Associate Quantitative Risk Analysts in their first year, and how can they overcome them?

In their first year, Associate Quantitative Risk Analysts often encounter challenges such as adapting to complex financial models, learning to interpret large datasets, and effectively communicating technical findings to non-technical stakeholders. Navigating regulatory requirements and understanding the company's risk management framework can also be demanding. To overcome these obstacles, new analysts should proactively seek mentorship, participate in team discussions, and leverage internal training resources to build both technical and soft skills. Regular collaboration with colleagues in risk, finance, and IT departments can also provide valuable insights and accelerate professional growth.

What are Associate Quantitative Risk Analysts?

Associate Quantitative Risk Analysts are entry- to mid-level professionals who help financial institutions and organizations assess and manage risk using mathematical models and statistical techniques. They analyze data to identify potential risks, develop risk management strategies, and support decision-making processes. Their work often involves using quantitative software, working with large datasets, and collaborating with other risk management and finance professionals. Typically, they have backgrounds in mathematics, statistics, finance, or related fields.

What is the difference between Associate Quantitative Risk Analyst vs Credit Risk Analyst?

AspectAssociate Quantitative Risk AnalystCredit Risk Analyst
Required CredentialsBachelor's in finance, economics, or related field; often some familiarity with quantitative methodsBachelor's in finance, economics, or related field; certifications like CFA or FRM are common
Work EnvironmentFinancial institutions, risk management teams, quantitative departmentsBanking, lending institutions, credit departments
Employer & Industry UsageUsed in risk modeling, data analysis, and quantitative assessmentsFocuses on assessing creditworthiness and loan risk

The Associate Quantitative Risk Analyst primarily focuses on developing models and analyzing data to measure financial risks, often working with quantitative tools. In contrast, a Credit Risk Analyst concentrates on evaluating the creditworthiness of borrowers and managing credit risk. While both roles require similar educational backgrounds and work within financial institutions, their core responsibilities differ—one emphasizes quantitative modeling, the other credit assessment.

What are the most commonly searched types of Quantitative Risk Analyst jobs in Pennsylvania? The most popular types of Quantitative Risk Analyst jobs in Pennsylvania are:
What are popular job titles related to Associate Quantitative Risk Analyst jobs in Pennsylvania? For Associate Quantitative Risk Analyst jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Associate Quantitative Risk Analyst jobs in Pennsylvania look for? The top searched job categories for Associate Quantitative Risk Analyst jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Associate Quantitative Risk Analyst jobs? Cities in Pennsylvania with the most Associate Quantitative Risk Analyst job openings:
Director, Market Risk and Hedge Strategy

Director, Market Risk and Hedge Strategy

Lincoln Financial

Radnor, PA

Other

Medical, Retirement, PTO

Posted 11 days ago


Lincoln Financial rating

7.5

Company rating: 7.5 out of 10

Based on 67 frontline employees who took The Breakroom Quiz

194th of 259 rated insurance


Job description

Alternate Locations: Radnor, PA (Pennsylvania)

 Work Arrangement:

Hybrid : Employee will work 3 days a week in a Lincoln office

Relocation assistance:  is not available for this opportunity.

Requisition #: 75892

The Role at a Glance

We are seeking a Director of Market Risk Strategy, in Market Risk and Hedge Strategy team, to help shape and advance the firm's approach to market risk, hedging, and capital efficiency for annuity products with embedded guarantees, with an emphasis on Variable Annuities (VA) and RILA, as well as other life/annuity products with embedded guarantees. 

This is a strategy role grounded in reality. Success requires more than policy design or highlevel oversight - the role demands the ability to form, test, and refine hedging and risk strategies using real products, real models, and real constraints. The Director will operate at the intersection of capital markets, actuarial modeling, and product economics, influencing how risks are identified, measured, hedged, and monetized over the life of the business. 

This role is ideal for someone who brings both actuarial depth and quantitative problem solving, and who can translate complex model dynamics into actionable risk and hedging decisions. 

What you'll be doing

Market Risk & Hedging Strategy 

  • Lead the design, evaluation, and evolution of hedging strategies for VA and RILA, etc. products, with a clear link between liability behavior, hedge objectives, capital impacts, and financial outcomes 
  • Develop and assess hedge strategies using stochastic projections, scenario analysis, and sensitivity analysis, with attention to effectiveness, stability, and cost 
  • Challenge and refine hedge targets as products, markets, and capital frameworks evolve 
  • Identify opportunities to improve hedge efficiency, including synergies across products, hedge instruments, and risk exposures 

Liability & Capital Aware Risk Strategy 

  • Apply a deep understanding of VM21 cash flow projections, liability convexity, and tail risk behavior to inform hedge design and interpretation of results 
  • Assess tradeoffs between hedging outcomes, statutory capital, earnings profiles, and long term value creation 
  • Partner with actuarial, finance, trading, reporting, and model teams to ensure hedging strategies are economically sound and aligned with broader capital objectives 

Product & New Business Advisory 

  • Provide market risk leadership and advisory support to product design and review, ensuring market risks are understood, priced, and managed intentionally 
  • Influence product structures so that market risks can be internally offset, reused, or efficiently hedged 
  • Collaborate with product, pricing, and modeling teams on next generation VA/RILA designs and risk management solutions 

Model Interpretation & Strategic Insight 

  • Work directly with largescale actuarial and financial models, not just outputs - understanding cash flows, assumptions, limitations, drivers, and sensitivities 
  • Translate complex model behavior into clear insights for senior stakeholders 
  • Identify model enhancements needed to better support hedging and risk decision making 
What we're looking for

Must-haves: 

  • 7+ years of experience in market risk, hedging, actuarial, or quantitative risk roles within life insurance / annuities 
  • Demonstrated depth in VA and/or RILA products, with a clear understanding of embedded guarantees and market risk profiles 
  • Strong working knowledge of VM21, including stochastic cash flow projections and how liability behavior drives hedge outcomes 
  • Proven experience forming risk or hedging views based on stochastic modeling, scenarios, and sensitivities, not just deterministic summaries 
  • Solid understanding of derivatives, Greeks, and hedge instruments, sufficient to engage meaningfully on hedge construction and performance 

Technical & Analytical Skills 

  • Experience working with complex actuarial or financial models (pricing, valuation, forecasting, hedging) 
  • Ability to navigate large datasets and model output efficiently 
  • Programming experience in Python, VBA, C++/C#, or similar, used to analyze models, results, or hedge performance (depth matters more than syntax) 

Nice-to-haves: 

  • Experience in annuity pricing, valuation, or inforce management 
  • Handson exposure to annuity hedging programs or market risk functions 
  • Understanding of statutory capital, GAAP accounting, and hedging impacts 
  • Credentials such as FSA/ASA, CERA, CFA, or equivalent practical experience 

What Success Looks Like 

  • Strong performers in this role are those who: 
  • Can connect products, models, markets, and capital into a coherent risk narrative 
  • Are comfortable challenging assumptions - actuarial or quantitative - when results don't align with economic intuition 
  • Move fluidly between strategic intent and model level detail 
  • Elevate hedging from a defensive risk management function to a source of sustainable value creation 
Application Deadline

Applications for this position will be accepted through July 15th, 2026 subject to earlier closure due to applicant volume.

What's it like to work here?

At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future. 

What's in it for you:

  • Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes

  • Leadership development and virtual training opportunities

  • PTO/parental leave

  • Competitive 401K and employee benefits

  • Free financial counseling, health coaching and employee assistance program

  • Tuition assistance program

  • Work arrangements that work for you

  • Effective productivity/technology tools and training

The pay range for this position is $108,501 - $195,900 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln's total rewards package for employees.  In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual.  Other rewards may include long-term incentives, sales incentives and Lincoln's standard benefits package.

About The Company

Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services. 

With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach. 

Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice. 

Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. 

Follow us on Facebook, X, LinkedIn, Instagram, and YouTube. For the latest company news, visit our newsroom. 

Be Aware of Fraudulent Recruiting Activities

If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.

Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview.  Please contact Lincoln's fraud team at fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.

Additional Information

This position may be subject to Lincoln's Political Contribution Policy.  An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln's current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes or candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial are considered property of Lincoln Financial and are not subject to payment of agency fees.

Lincoln Financial ("Lincoln" or "the Company") is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex, age, national origin or disability. Opportunities throughout Lincoln are available to employees and applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.

This Employer Participates in E-Verify. See the E-Verify notices.

Este Empleador Participa en E-Verify. Ver el E-Verify avisos. 


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About Lincoln Financial

Sourced by ZipRecruiter

Lincoln Financial Group, a Fortune 200 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas - Life Insurance, Annuities, Retirement Plan Services and Group Protection - focus on supporting, preserving and enhancing over 17 million customer's lifestyles and retirement outcomes. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of June 30, 2021. Ranked one of the Best Large Employers in America and Best Employers for Women by Forbes magazine as well as one of Newsweek's Most Responsible Companies, Lincoln Financial Group makes a serious investment in our employees' futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Radnor, PA, US

Year founded

1905