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Associate Quantitative Risk Analyst Jobs in Detroit, MI

As a Insurance Risk Analyst , you will beed to coordinate insurance documentation, administrative ... Associate degree or coursework in business administration, insurance, risk management, or a related ...

This role supports member trust and regulatory readiness through consistent analysis and clear ... Associate's/Bachelor's degree or equivalent experience * Experience with fraud investigations and ...

Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and ... Minimum Qualifications * Bachelor's degree in a quantitative discipline (e.g., engineering ...

Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and ... Minimum Qualifications * Bachelor's degree in a quantitative discipline (e.g., engineering ...

Develop independent or program life cycle cost estimates and accompanying risk, uncertainty and ... Minimum Qualifications * Bachelor's degree in a quantitative discipline (e.g., engineering ...

Financial Risk Senior Consultant

Detroit, MI · On-site

$115K/yr

Strong analytical, critical thinking, and organizational skills * Enthusiasm for developing ... Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP). * Expertise ...

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Associate Quantitative Risk Analyst information

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$65

How much do associate quantitative risk analyst jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for associate quantitative risk analyst in Detroit, MI is $40.08, according to ZipRecruiter salary data. Most workers in this role earn between $29.52 and $48.80 per hour, depending on experience, location, and employer.

What is an associate quantitative risk analyst?

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 are the key skills and qualifications needed to thrive as an associate quantitative risk analyst?

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 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 Detroit, MI?

The most popular types of Quantitative Risk Analyst jobs in Detroit, MI are:

What are popular job titles related to Associate Quantitative Risk Analyst jobs in Detroit, MI?

For Associate Quantitative Risk Analyst jobs in Detroit, MI, the most frequently searched job titles are:

What job categories do people searching Associate Quantitative Risk Analyst jobs in Detroit, MI look for?

The top searched job categories for Associate Quantitative Risk Analyst jobs in Detroit, MI are:

Infographic showing various Associate Quantitative Risk Analyst job openings in Detroit, MI as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 86% Full Time, 6% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $83,364 per year, or $40.1 per hour.

Insurance Risk Analyst

Southfield, MI • On-site

International Association of Insurance Professionals (IAIP)

Other

Posted 2 days ago

New


Job description

We are seeking a talented individual to join our Specialisy- Insurence Operations team at Marsh. This role will be based in Southfield, MI and offers a hybrid work arrangement.

As a Insurance Risk Analyst , you will beed to coordinate insurance documentation, administrative workflows, business continuity activities, records management, team communications, and office operations. The successful candidate will exercise sound judgment, manage multiple priorities, maintain accurate records, and provide responsive support to internal partners.

We will count on you to:
  • Prepare and process certificates of insurance in response to business requests.
  • Maintain policy and binder logs; track outstanding documents and coordinate follow-up with insurance brokers after policy expiration.
  • Support policy reviews by completing standard templates and accurately organizing final documents in designated repositories.
  • Coordinate team travel and prepare expense reports, monthly tracking worksheets, and related distributions.
  • Submit and monitor ServiceNow requests through completion.
  • Maintain team website content and other shared information resources as changes occur.
  • Serve as business continuity plan coordinator, maintain Fusion records, attend quarterly meetings, and support annual maintenance and testing deadlines.
  • Lead records and information management activities, including annual review of the document inventory and cleanup of shared-drive records to retain final work products.
  • Update and distribute weekly Insurance Risk Management tracking logs and record attendance for recurring activities.
  • Maintain the team events calendar, distribute weekly updates, and track monthly participation.
  • Coordinate quarterly financial presentations, including calendar invitations and conference room reservations.
  • Prepare proof-of-auto-insurance letters and other routine insurance documentation.
  • Coordinate floor-related work orders and verify completed requests.
  • Perform additional administrative and project support duties as assigned.
What you need to have:
  • Insurance knowledge or previous professional experience in the insurance industry is required.
  • High school diploma or equivalent.
  • Previous experience providing administrative, operational, or business support in a professional environment.
  • Strong organizational skills, attention to detail, and ability to manage multiple deadlines.
  • Effective written and verbal communication skills.
  • Proficiency with Microsoft Office applications and the ability to learn enterprise systems and document-management tools.
  • Ability to handle confidential or sensitive information with discretion.
  • Demonstrated follow-through, problem-solving ability, and responsiveness to internal customers.
What makes you stand out?
  • Experience supporting corporate insurance, commercial insurance, risk management, brokerage, underwriting, claims, or policy administration activities.
  • Familiarity with insurance policies, binders, certificates of insurance, renewals, brokers, and insurance documentation.
  • Associate degree or coursework in business administration, insurance, risk management, or a related field.
  • Experience with ServiceNow, business continuity systems, records management, shared drives, or similar enterprise tools.
Why join our team:
  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

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