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Associate Quantitative Risk Analyst Jobs in Portland, ME

... analytical workflows that support clinical decision support systems, disease risk modeling, and ... or a related quantitative field. 5+ years of experience developing ML/AI solutions in Python ...

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The initial assessment will include a strategy to maximize income and diminish risk of loss in the ... analysis on an annual or bi-annual basis with recommendations to protect and strengthen the ...

We're assembling a team of thinkers, dreamers and risk takers who are ready to help us reshape the ... reviewing applications, analyzing resumes, or assessing responses and identifying potential ...

We're assembling a team of thinkers, dreamers and risk takers who are ready to help us reshape the ... reviewing applications, analyzing resumes, or assessing responses and identifying potential ...

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Associate Quantitative Risk Analyst information

See Portland, ME salary details

$15

$41

$67

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

As of Aug 7, 2026, the average hourly pay for associate quantitative risk analyst in Portland, ME is $41.42, according to ZipRecruiter salary data. Most workers in this role earn between $30.48 and $50.43 per hour, depending on experience, location, and employer.

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 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.
Infographic showing various Associate Quantitative Risk Analyst job openings in Portland, ME as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $86,156 per year, or $41.4 per hour.

Principal Data Scientist - CX Analytics (Portland)

Unum

Portland, ME • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Unum rating

8.3

Company rating: 8.3 out of 10

Based on 50 frontline employees who took The Breakroom Quiz

127th of 303 rated insurance


Job description

General Summary

When you join the team at Unum, you become part of an organization committed to helping you thrive. Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide: Award-winning culture Inclusion and diversity as a priority Performance Based Incentive Plans Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability Generous PTO (including paid time to volunteer!) Up to 9.5% 401(k) employer contribution Mental health support Career advancement opportunities Student loan repayment options Tuition reimbursement Flexible work environments All the benefits listed above are subject to the terms of their individual Plans. And that’s just the beginning… With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!

Principal Duties and Responsibilities

Proactively partner with the business to provide actionable insights and identify growth opportunities; communicate analysis to obtain buy-in and drive decision making. Integrate large volume of data from different sources (including DB2, SQL Server, Web API and Teradata) to create data assets for ad-hoc analyses and larger studies. Apply validation, aggregation and reconciliation techniques to create rich modeling-ready data framework. Build and maintain best practices for team's data science strategy; as well as staying informed of best practices across industries and striving for innovation and efficiency. Prioritize and lead analytics projects Apply domain expertise to modeling process using state-of-the-art techniques to construct predictive models to explain and understand observed events, forecast expected behavior, or identify risk through scoring or clustering. Efficiently interpret results and communicate findings and potential value to business partners to influence strategic decision making. Lead the integration of solutions within existing business processes using automation techniques. Understand theory and application of current and emerging statistical methods and tools. Coaches, mentors and develops peers and/or team members. Perform other related duties as assigned.

Job Specifications

Bachelor’s degree in quantitative field is required, Master’s or PhD is preferred 8 years of professional experience or equivalent relevant work experience preferred

Core Data Science Capabilities

Deep expertise in each of the following categories of skillsets is preferred

  • Programming & Process automation: Experience with using file I/O, database integrations, and APIs to build automated analytics pipelines. Demonstrated experience using DevOps libraries to research and design processes including automation, data mining, web scraping, or object-oriented software is preferred. Experience engineering solutions using cloud platforms and exposure to scaling solutions in the cloud. Understands partnership with IT to deploy solutions. Demonstrated expertise at bringing analytics to scale
  • Data Visualization: Demonstrates the ability to critically evaluate visualization suitability to specific scenarios.
  • Statistics & Statistical Modeling: Expertise on statistical inference and regression. Expertise in machine learning, feature selection, and feature extraction. Demonstrated experience in leading multiple high-impact machine learning and analysis projects end-to-end
  • Data Extraction, Transformation, and Loading skillsets preferred: Expertise in writing complex SQL queries that join multiple tables/databases. Demonstrated through independent research of data sources, troubleshooting complex SQL queries, and leading partnerships with external data providers. Demonstrates ability to create logical data models by combining data from multiple sources including internal and external data.
Core business capabilities

Strong communication skills, expertise in financial services, strong experience leading engagements, and working with executive leadership. Strong project management skills; effectively and independently prioritizes and manages own projects simultaneously and provides direction on projects and prioritization to less experienced team members.

Leadership Capabilities

Leader within their field, both internally and externally. Naturally effective coach and mentor, actively engages peers and team members, especially within areas of expertise. Viewed as a leader in change management. Maintains depth of technical understanding of third party/cloud solutions. This position may have key leadership responsibilities, including: People Management: Actively participates in determining staffing needs of the team, including hiring and development. Leads assigned team in the completion of requested activities and projects. Analytics strategic and program management for their organization: Coaches, mentors, and helps build team. Proactively identifies and researches new approaches and skills needed for performing data science and advanced analytics.

Preferred characteristics

Entrepreneurial self-starter. A thorough, results-oriented problem-solver, and a lifelong learner with voracious curiosity. Deep expertise in their organization. Demonstrates ability to conduct independent research and development of techniques that may be shared internally and externally.

Miscellaneous

#LI-AD1 #LI-MULTI #LI-HYBRID ~IN1 Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide. Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person\'s race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status. The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience. $109,100.00-$224,000.00 Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans. Company: Unum Join our talent community to receive notifications about jobs relevant to your interest. Join our Talent Community! At Unum Group, we\'re a Fortune 500 company and leading international provider of workplace benefits and services, helping workers and their families thrive for more than 175 years. Through our Unum and Colonial Life brands, our company offers disability, life, accident, critical illness, dental and vision insurance; leave and absence management support; and behavioral health services. Our 10,000+ employees work across operations in the US, UK and Poland, as well as our dedicated Technology Centre in Ireland. Unum Group is committed to working with and providing reasonable accommodations for any applicant with a disability. If you are disabled and need a reasonable accommodation to participate in the application or hiring process, please contact us by submitting a request here.

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