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Quantitative Analyst Jobs in Rochester, MN (NOW HIRING)

Qualifications A Bachelor's degree in a relevant field such as engineering, mathematics, computer science, health science, or other analytical/quantitative and a minimum of three years of ...

Data Science Analyst

Rochester, MN · On-site

$102K - $143K/yr

Qualifications A Bachelor's degree in a relevant field such as engineering, mathematics, computer science, health science, or other analytical/quantitative and a minimum of three years of ...

A Bachelor's degree in a relevant field such as engineering, mathematics, computer science, health science, or other analytical/quantitative and a minimum of three years of professional or research ...

A Bachelor's degree in a relevant field such as engineering, mathematics, computer science, health science, or other analytical/quantitative and a minimum of three years of professional or research ...

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Quantitative Analyst information

See Rochester, MN salary details

$57.4K

$136.1K

$244K

How much do quantitative analyst jobs pay per year?

As of Aug 26, 2026, the average yearly pay for quantitative analyst in Rochester, MN is $136,086.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,300.00 and $147,900.00 per year, depending on experience, location, and employer.

What is a quantitative analyst?

Quantitative Analysts, often called 'quants,' are professionals who use mathematical models, statistics, and computer programming to analyze financial data and support decision-making in finance. They develop and implement complex models to assess risk, value financial securities, and identify profitable investment opportunities. Quants are commonly employed by investment banks, hedge funds, asset management companies, and other financial institutions. Their work helps optimize trading strategies, manage risk, and improve financial performance.

What does a quantitative analyst do?

The responsibilities of quantitative analysts, or quants, include using mathematical models and statistics to analyze data to assess risks and develop solutions for business issues. In this role, you can work in a variety of industries, from production to finance to insurance. You typically gather and interpret data to help an organization implement a solution for maintaining its fiscal health. Duties vary with the industry. Some positions focus on collecting information from the general public or consumers of particular products through the use of polls and surveys to improve their design and marketing. Other quants work alongside researchers in the health care field to test treatments and medical equipment design.

What are the key skills and qualifications needed to thrive as a quantitative analyst, and why are they important?

To thrive as a Quantitative Analyst, you need a strong background in mathematics, statistics, computer science, and finance, often supported by an advanced degree such as a master's or PhD. Expertise in programming languages like Python, R, or MATLAB, as well as familiarity with financial modeling tools and statistical software, is typically required. Analytical thinking, problem-solving abilities, and clear communication skills help you interpret complex data and convey insights to stakeholders. These competencies are crucial for developing accurate financial models, managing risk, and enabling data-driven decision-making in competitive financial environments.

How does a quantitative analyst typically collaborate with other departments within a financial organization?

Quantitative Analysts frequently work closely with traders, portfolio managers, risk managers, and IT professionals to develop, test, and implement financial models. Effective communication is essential, as they must translate complex quantitative findings into actionable insights for decision-makers. It's common to participate in cross-functional meetings, provide model validation support, and help interpret results for non-technical stakeholders. This collaborative environment fosters both technical skill development and a deeper understanding of the business, which can open doors to broader career opportunities.

What is the difference between Quantitative Analyst vs Data Scientist?

AspectQuantitative AnalystData Scientist
Required CredentialsDegree in finance, mathematics, or statistics; often certifications like CFADegree in computer science, statistics, or related fields; certifications like CAP or data science certifications
Work EnvironmentFinancial firms, investment banks, hedge fundsTech companies, finance, healthcare, and various industries
Employer & Industry UsagePrimarily in finance and investment sectorsAcross multiple industries including tech, healthcare, and retail
Common Search & Comparison IntentUnderstanding roles in finance and investment analysisExploring data analysis and machine learning roles

While both roles involve data analysis and statistical skills, Quantitative Analysts focus on financial modeling and investment strategies within finance firms. Data Scientists have a broader scope, applying data analysis across various industries, often with programming and machine learning expertise.

What is the starting salary of a quantitative analyst?

The starting salary for a quantitative analyst typically ranges from $60,000 to $90,000 annually, depending on factors such as location, education, and industry. Entry-level roles often require strong skills in mathematics, programming, and data analysis tools like Python or R.

What are the most commonly searched types of Quantitative Analyst jobs in Rochester, MN?

The most popular types of Quantitative Analyst jobs in Rochester, MN are:

What are popular job titles related to Quantitative Analyst jobs in Rochester, MN?

For Quantitative Analyst jobs in Rochester, MN, the most frequently searched job titles are:

What job categories do people searching Quantitative Analyst jobs in Rochester, MN look for?

The top searched job categories for Quantitative Analyst jobs in Rochester, MN are:

What cities near Rochester, MN are hiring for Quantitative Analyst jobs?

Cities near Rochester, MN with the most Quantitative Analyst job openings:

Infographic showing various Quantitative Analyst job openings in Rochester, MN as of August 2026, with employment types broken down into 82% Full Time, 13% Part Time, and 5% Contract. Highlights an 79% Physical, 9% Hybrid, and 12% Remote job distribution, with an average salary of $136,086 per year, or $65.4 per hour.

KER Unit - Health Services Analyst - Supplemental

Rochester, MN • On-site


Mayo Foundation for Medical Education and Research
10K+ employees

8.6

Company rating: 8.6 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

People enjoy working here

Good employer

Respectful managers


$35.45 - $53.15/hr

Other

Medical, Dental, Vision, Retirement

Posted 8 days ago


Job description

Benefits Highlights
  • Medical: Multiple plan options.
  • Dental: Delta Dental or reimbursement account for flexible coverage.
  • Vision: Affordable plan with national network.
  • Pre-Tax Savings: HSA and FSAs for eligible expenses.
  • Retirement: Competitive retirement package to secure your future.
Responsibilities

We are seeking a highly motivated researcher with experience in machine learning with Python to develop multimodal AI/ML models from healthcare conversations combined with other data sources (e.g., scans and tabular data). The analyst assists with multidisciplinary research analysis using a variety of analytical, quantitative, qualitative, and programming skills.

The analyst conducts comprehensive literature searches related to health services research initiatives and compiles and summarizes written and electronic data for research projects. Research funding sources and collects necessary documents for participating in external research collaborations. Writes draft reports that clearly and concisely summarize and illustrate projects findings, outcomes, and results. Drafts sections of grants, abstracts, and manuscripts. Collects and assists in designing data analysis strategies, evaluating data needs and methods of data collection. Implements the data collection protocol. Assists in reviewing study methods, statistical models, and sampling schemes. Trends data to identify potential areas of the investigation supported by graphical presentations. Evaluates the reliability of data sources to ensure data integrity. Coordinates multiple project assignments and is responsible for completing tasks in given timeline. Designs and maintains quantitative and qualitative databases including the management and updating of data.

Model Development & Optimization
  • Build and deploy multimodal AI/ML models integrating textual, acoustic, and visual inputs from healthcare conversations and other sources of data (e.g., scans and tabular data).
  • Implement, train, and fine‑tune models in Python using packages such as PyTorch, Transformers, OpenCV, torchvision, and torchaudio.
  • Apply prompting strategies, parallel computing, and GPU acceleration to optimize large‑scale model training and inference.
Data Management & Analysis
  • Collect, preprocess, and manage complex quantitative and qualitative datasets while ensuring data integrity and reproducibility.
  • Design and execute advanced data analysis strategies, including statistical modeling, sampling schemes, and evaluation of computational methods.
Research & Writing
  • Conduct literature reviews on AI in healthcare and health services research.
  • Prepare clear and concise reports, visualizations, and presentations of project outcomes.
  • Draft sections of grants, abstracts, and manuscripts related to AI/ML in healthcare.
  • Identify external funding opportunities and contribute to multi‑institutional research collaborations.
Project Coordination
  • Manage multiple concurrent assignments, track milestones, and ensure timely project delivery.
  • Maintain and update internal quantitative and qualitative databases.
Qualifications

Master’s degree in Computer Science, Engineering, Data Science, Health Informatics, or related field, with substantive coursework in machine learning experience preferred (two years minimum) OR Bachelor’s degree in the fields above with strong quantitative background and four years of experience (minimum) required. Research experience preferred. Experience with previous research projects with quantitative and/or qualitative focus. Competent to work independently in most phases of research analysis, requiring only general instructions and direction. Demonstrated proficiency in written communication and research methodology. Able to think logically and to systematically analyze alternative solutions in problem solving. Knowledgeable about a current health care delivery environment. Works with general supervision; develops procedures for performance of a variety of duties; performs complex duties within established guidelines.

Technical Skills
  • Strong programming skills in Python, with proficiency in PyTorch, Transformers, and scikit‑learn.
  • Experience in NLP, speech processing, and/or visual modeling evidenced through previous projects.
  • Familiarity with GPU computing, distributed training, and prompting strategies for large language models.
  • Familiarity with Bash scripting.
Professional Skills
  • Demonstrated ability to work independently and in multidisciplinary teams.
  • Excellent written and verbal communication skills, with experience drafting research reports and manuscripts.
  • Familiarity and interest with healthcare research and delivery contexts preferred.

Note: Visa sponsorship is not available for this position. Must be U.S. citizen, permanent resident, refugee or asylee.

Job Details
  • Compensation: $35.45–$53.15/hr; education, experience, and tenure may be considered along with internal equity when job offers are extended.
  • Benefits Eligible: No.
  • Schedule: Part Time.
  • Hours/Pay Period: Varied.
  • Schedule Details: Flexible hours/Up to 40 hours a week.
  • Weekend Schedule: N/A.
  • International Assignment: No.
  • Exemption Status: Nonexempt.
Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I‑9 to confirm work authorization.

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