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Associate Quantitative Risk Analyst Jobs in Gretna, LA

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Associate Quantitative Risk Analyst information

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$13

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$56

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

As of Sep 5, 2026, the average hourly pay for associate quantitative risk analyst in Gretna, LA is $34.93, according to ZipRecruiter salary data. Most workers in this role earn between $25.72 and $42.50 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.

Sr Actuarial Analyst - Medical Economics

Blue Cross and Blue Shield of North Carolina

New Orleans, LA • On-site

$98K - $156K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 8 days ago


Key responsibilities

  • Performs qualitative and quantitative analysis of data to support savings measurements for cost containment initiatives.

  • Gathers, organizes, and analyzes data from internal and external sources and develops reports for stakeholders.

  • Supports records management and documentation of the MedEcon Savings portfolio performance and contributes to ad hoc projects.


Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

197th of 315 rated insurance


Job description

Job Description

Blue Cross NC is hiring a Senior Actuarial Analyst to support healthcare economics and financial forecasting efforts that help drive informed business decisions and deliver value across the organization. In this role, you will apply your knowledge of mathematics, probability, statistics, and business principles to evaluate performance for existing initiatives within the MedEcon Savings portfolio, as well as newly proposed initiatives across clinical, pharmacy, network, payment integrity, value-based care, and other key areas. This is an opportunity to contribute meaningful insights, strengthen financial performance, and support strategies that improve health care affordability and outcomes for our members.

What You'll Do

  • Performs qualitative and quantitative analysis of data to support savings measurements for various cost containment initiatives - both actual savings for existing programs and projected savings for newly-proposed ideas.

  • Gathers, organizes, and analyzes data from various sources including internal colleagues, internal databases, and external partners.

  • Develops and distributes established reports to internal and external stakeholders and responds to inquiries regarding results including investigations of material changes and/or anomalies.

  • Supports records management and documentation of our MedEcon Savings portfolio performance over prior, current, and forecasted years.

  • Plans, implements, manages and/or contributes to additional ad hoc projects that are moderate/high complexity.

  • Is a participant in good standing in the Actuarial Development Program

What You Bring

  • Bachelor's degree or advanced degree (where required)

  • 4+ years of experience in relevant actuarial experience. Related experience may be considered.

  • Must have completed 5 or more exams towards the eventual attainment of the ASA designation.

  • In lieu of meeting minimum exam requirements, may consider additional relevant experience.

  • In lieu of meeting minimum experience requirement, may consider ASA or more exams towards the eventual attainment of ASA.

Bonus Points

  • Proficiency in Microsoft office applications (Excel, PPT, Word, etc.) and SQL

  • Prior healthcare-focused roles

  • Experience leveraging various developing AI capabilities

  • Mastery of SQL-based data queries and data management

  • Experience with data visualization applications such as Power-BI and Tableau

  • Experience creating and presenting external, client-facing materials and reports.

What You'll Get

  • The opportunity to work at thecutting edgeof health care delivery with a teamthat'sdeeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to dogreat work

  • Medical, dental, and vision coverage along withnumeroushealth and wellness programs.

  • Parental leave and support plus adoption and surrogacyassistance

  • Career development programs and tuition reimbursement for continued education

  • 401k match including an annual company contribution.

  • Learn more

WhereYou'llWork

Our Hybrid Flex approach is builton presencewith a purpose - giving you flexibility to work remotely with intentional in-person connection - that supports a workplacethat'sflexible, connected, and future focused.

In a Hybrid-Flex role,you'llwork in the office at least two days a week for collaboration and connection. In a Remote Flex role,you'llwork virtually, with a few in-office visits each year formeaningfulmoments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in anystateslistedonthis job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$98,092.00 - $156,947.00

Skills

Actuarial Analysis, Actuarial Consulting, Actuarial Science, Business Analysis, Complex Project Management, Financial Modeling, Hiring Management, People Management, Risk Assessments, Valuation Analysis

_____________________________________________________________________
JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


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