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Energy Quantitative Analyst Jobs in Chicago, IL (NOW HIRING)

ComEd

Quantitative Analyst

Oakbrook Terrace, IL · On-site

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators ... Primary Purpose The Quantitative Analyst for the Utility of the Future will design and develop ...

DRW

Quantitative Trader - Futures

Chicago, IL · On-site

$150K - $250K/yr

... Energy across all major global markets. We have also leveraged our expertise and technology to ... Conduct rigorous research, backtesting, and performance attribution analysis * Continuously iterate ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Eagle Seven is seeking an experienced Energy Trader to trade energy futures and swap markets listed ... Strong analytical, quantitative, and math skills * Experience with Python is preferred * Ability to ...

Eagle Seven

Energy Trader

Chicago, IL · On-site

Eagle Seven is seeking an experienced Energy Trader to trade energy futures and swap markets listed ... Strong analytical, quantitative, and math skills * Experience with Python is preferred * Ability to ...

Eagle Seven

Energy Trader

Chicago, IL

Eagle Seven is seeking an experienced Energy Trader to trade energy futures and swap markets listed ... Strong analytical, quantitative, and math skills * Experience with Python is preferred * Ability to ...

Gelber Group

Experienced Energy Trader

Chicago, IL · On-site

$72K - $120K/yr

Analyze market fundamentals including supply/demand dynamics, storage levels, weather patterns ... Quant skills and data literacy are a plus but not required; ability to incorporate data into ...

Gelber Group

Experienced Energy Trader

Chicago, IL · On-site +1

$72K - $120K/yr

Analyze market fundamentals including supply/demand dynamics, storage levels, weather patterns ... Quant skills and data literacy are a plus but not required; ability to incorporate data into ...

Gelber Group

Experienced Energy Trader

Chicago, IL · On-site +1

$72K - $120K/yr

Analyze market fundamentals including supply/demand dynamics, storage levels, weather patterns ... Quant skills and data literacy are a plus but not required; ability to incorporate data into ...

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All JobsEnergy Quantitative Analyst JobsEnergy Quantitative Analyst Jobs in Chicago, IL

Energy Quantitative Analyst information

See Chicago, IL salary details

$58.2K

$137.9K

$247.2K

How much do energy quantitative analyst jobs pay per year?

As of May 28, 2026, the average yearly pay for energy quantitative analyst in Chicago, IL is $137,913.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,900.00 and $149,900.00 per year, depending on experience, location, and employer.

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

To thrive as an Energy Quantitative Analyst, you need a strong background in mathematics, statistics, and finance, typically supported by a degree in a quantitative field such as mathematics, engineering, or physics. Proficiency in programming languages like Python, R, or MATLAB, as well as experience with data analysis tools and energy market modeling systems, is essential. Exceptional analytical thinking, problem-solving skills, and effective communication set candidates apart in this role. These skills enable analysts to interpret complex market data, create accurate forecasts, and provide actionable insights for energy trading and risk management.

What types of data and analytical tools do Energy Quantitative Analysts typically use in their daily work?

Energy Quantitative Analysts frequently work with large datasets such as historical pricing, weather patterns, and energy consumption statistics. They utilize advanced analytical tools like Python, R, MATLAB, and specialized energy market software to build predictive models, analyze market trends, and assess risks. Collaboration with traders, risk managers, and data engineers is common, requiring strong communication skills to translate complex quantitative findings into actionable insights for decision-making. Familiarity with statistical modeling, time series analysis, and optimization techniques is essential to thrive in this dynamic environment.

What are Energy Quantitative Analysts?

Energy Quantitative Analysts are professionals who use mathematical models, data analysis, and statistical techniques to evaluate and predict trends in energy markets. They work with large data sets to assess prices, risks, and market behaviors related to commodities like oil, gas, and electricity. Their insights help companies make informed trading, investment, and risk management decisions. These analysts often work for energy companies, trading firms, or financial institutions with energy portfolios.

What is the difference between Energy Quantitative Analyst vs Energy Data Analyst?

AspectEnergy Quantitative AnalystEnergy Data Analyst
Required CredentialsDegree in finance, economics, or related field; proficiency in quantitative methodsDegree in data science, statistics, or related field; strong data analysis skills
Work EnvironmentFinancial firms, energy trading companies, or consulting firmsEnergy companies, utilities, or research organizations
Employer & Industry UsageFocuses on modeling, risk assessment, and trading strategiesFocuses on data collection, reporting, and operational insights

While both roles involve working with energy data, the Energy Quantitative Analyst primarily develops models for trading and risk management using advanced quantitative techniques. In contrast, the Energy Data Analyst focuses on analyzing energy data to support operational decisions and reporting. Both roles require strong analytical skills but differ in their core functions and industry applications.

What are popular job titles related to Energy Quantitative Analyst jobs in Chicago, IL? For Energy Quantitative Analyst jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Energy Quantitative Analyst jobs in Chicago, IL look for? The top searched job categories for Energy Quantitative Analyst jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Energy Quantitative Analyst jobs? Cities near Chicago, IL with the most Energy Quantitative Analyst job openings:
Energy Quantitative Analyst jobs near you
Quantitative Analyst

Quantitative Analyst

ComEd

Oakbrook Terrace, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago

ComEd rating

8.6

Company rating: 8.6 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

Job description

Who We Are
We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
The Quantitative Analyst for the Utility of the Future will design and develop proprietary simulation models to support portfolio valuation, pricing, risk management, and overall strategic planning for innovative utility platform initiatives. As a member of the Advanced Analytics team, the successful candidate will collaborate directly with economists, financial engineers, risk analysts, and policy experts. He or she will apply quantitative techniques to measure and analyze model risks and form opinions on the strengths and limitations of the respective models. A solid understanding of traditional financial valuation and modeling techniques along with a strong foundation in programing, statistical methods, and data analysis is essential.
Primary Duties
  • Leverage in-depth technical knowledge of predictive analytics, statistics, modelling techniques and simulation approaches to develop valuation, risk management, and pricing models. (50%)
  • Conduct research and produce proof-of-concept demonstration systems to test new quantitative modeling approaches and solutions to complex problems (25%)
  • Translate quantitative and business concepts into efficient, robust, supportable system design and architecture. (15%)
  • Partner with stakeholder analytics teams across ComEd and the Enterprise to expand the use and gather feedback on the models and systems (10%)

Job Scope
  • Reports to the Director Advanced Analysis
  • This is an individual contributor position that woks under general supervision, relying on knowledge, skills and judgment acquired through education and relevant experience to plan and accomplish assigned tasks and goals

Minimum Qualifications
  • Bachelor's degree in quantitative field
  • 2 to 4 years of relevant experience
  • Thorough understanding of applied and financial mathematics concepts and techniques (including advanced statistical techniques)
  • Ability to use a broad range of development languages (e.g. C/C++, Python, Perl, Matlab, etc.), and databases query languages
  • Ability to quickly master industry fundamental concepts including energy commodity markets, portfolio valuation, and system dynamics
  • Should be self-driven and able to work in (and lead) team sizes ranging from individual contribution to several members.

Preferred Qualifications
  • Energy industry experience
  • Prior experience in an operations research role
  • In-depth experience in one or more programing language
  • Ideal candidate with have experience performing advanced quantitative analysis and developing and/or validating risk models.

Technical & Analytical Skills
  • Advanced proficiency in SQL, Python for querying large datasets, performing statistical analysis, and automating data pipelines related to outage and reliability metrics (e.g., SAIFI, SAIDI, CAIDI).
  • Strong data visualization and storytelling skills using tools like Power BI or Tableau to translate complex analyses into executive-ready insights.

Benefits
  • Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $75,200.00/Yr. - $103,400.00/Yr.
  • Annual Bonus for eligible positions: 10%
  • 401(k) match and annual company contribution
  • Medical, dental and vision insurance
  • Life and disability insurance
  • Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
  • Employee Assistance Program and resources for mental and emotional support
  • Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
  • Referral bonus program
  • And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.

What ComEd employees say

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About ComEd

Sourced by ZipRecruiter

ComEd began as the Western Edison Light Company, one of several companies owned by inventor and researcher Thomas Edison. In July 1892, another Edison employee moved to Chicago to run Edison's local company, Chicago Edison. Sam Insull had a sharp business mind and eagerly increased his knowledge of electricity. Through improved marketing and increased demand for electric lighting, Commonwealth Edison was born in September 1907. ComEd is a unit of Chicago-based Exelon Corporation, a Fortune 100 energy company with approximately 10 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. ComEd's service territory borders Iroquois County to the south (roughly Interstate 80), the Wisconsin border to the north, the Iowa border to the west and the Indiana border to the east.

Industry

Utilities

Company size

10,000+ Employees

Headquarters location

Chicago, IL, US

Year founded

1907

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