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Quantitative Associate Jobs in Minnesota (NOW HIRING)

The Investment Associate will play a central role in implementing Cowell Financial's planning and ... Excellent quantitative skills (time value of money, financial calculator, portfolio analytics)

The Investment Associate will play a central role in implementing Cowell Financial's planning and ... Excellent quantitative skills (time value of money, financial calculator, portfolio analytics)

The Investment Associate will play a central role in implementing Cowell Financial's planning and ... Excellent quantitative skills (time value of money, financial calculator, portfolio analytics)

The Associate Marketing Analyst - E-Commerce will drive qualitative analysis for Graco's Ecommerce ... Strong analytical and quantitative problem-solving ability. * Excellent communication skills, with ...

POSITION SUMMARY We are seeking a highly skilled and motivated Senior Research Associate to join ... Strong critical thinking and data interpretation skills, especially involving quantitative IHC ...

POSITION SUMMARY We are seeking a highly skilled and motivated Senior Research Associate to join ... Strong critical thinking and data interpretation skills, especially involving quantitative IHC ...

We are looking for a talented Technica l Training Associate - Level I to join our team specializing ... Discover, interpret, and communicate qualitative and quantitative data to extract meaningful ...

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Quantitative Associate information

See Minnesota salary details

$30.4K

$88.7K

$143K

How much do quantitative associate jobs pay per year?

As of Jul 15, 2026, the average yearly pay for quantitative associate in Minnesota is $88,714.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,300.00 and $116,600.00 per year, depending on experience, location, and employer.

How do Quantitative Associates typically collaborate with traders and technology teams in a financial firm?

Quantitative Associates often work closely with traders to understand their strategies and provide data-driven insights that improve trading outcomes. They also collaborate with technology teams to implement models into production systems, ensuring that algorithms are both effective and efficient. This cross-functional teamwork requires strong communication skills and a willingness to learn from professionals in different disciplines. Regular meetings, joint problem-solving sessions, and collaborative project management tools are commonly used to keep everyone aligned and drive successful outcomes.

What is the difference between Quantitative Associate vs Quantitative Analyst?

AspectQuantitative AssociateQuantitative Analyst
Required CredentialsTypically a master's degree in finance, mathematics, or related field; strong programming skillsSimilar educational background; often requires advanced quantitative skills and certifications
Work EnvironmentFinancial firms, hedge funds, asset management; collaborative teamsSame as Quantitative Associate; focused on model development and data analysis
Employer & Industry UsageCommon in investment banks, hedge funds, asset managersUsed interchangeably in many firms; both roles involve quantitative modeling
Search & Comparison IntentHigh overlap; both roles involve quantitative analysis and modeling

Both Quantitative Associates and Quantitative Analysts work in similar environments, requiring advanced degrees and strong analytical skills. The roles often overlap in responsibilities, focusing on developing models, analyzing data, and supporting trading or investment decisions. The main difference may lie in job titles used by different firms, but their core functions are quite comparable.

What jobs make $1,000,000 a year?

In the finance industry, senior roles such as hedge fund managers, private equity partners, and investment bankers can earn $1,000,000 or more annually, often through a combination of salary, bonuses, and profit sharing. Quantitative associates working in hedge funds or proprietary trading firms with successful strategies and significant assets under management may also reach this level, especially with performance-based incentives and advanced skills in data analysis and programming. High earnings typically require extensive experience, strong performance, and often a high level of education or certifications.

What is a quantitative associate?

A quantitative associate is a financial professional who applies mathematical, statistical, and programming skills to analyze data and develop models for trading, risk management, or investment strategies. They often work with tools like Python, R, or MATLAB and require strong analytical abilities and knowledge of finance or economics. The role typically involves collaboration with traders and analysts in a fast-paced environment.

What are the 4 types of quants?

Quantitative associates typically fall into four main categories: sell-side quants who develop trading models, buy-side quants who analyze investment strategies, risk quants who assess financial risks, and technology quants who build computational tools. These roles often require strong programming skills, statistical knowledge, and a solid understanding of financial markets.

Do quants make a lot of money?

Quantitative associates typically earn high salaries due to their specialized skills in mathematics, programming, and finance. Compensation often includes base salary, bonuses, and profit sharing, with total earnings varying based on experience, firm size, and performance.

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

To thrive as a Quantitative Associate, you need strong quantitative analysis skills, advanced knowledge of mathematics and statistics, and typically a degree in a quantitative field such as mathematics, finance, or engineering. Proficiency in programming languages like Python or R, data analysis tools, and experience with financial modeling platforms are commonly required. Attention to detail, problem-solving abilities, and effective communication help you translate complex data insights into actionable business strategies. These skills are critical for developing accurate models, managing risk, and supporting data-driven decision-making in financial environments.

What are Quantitative Associates?

Quantitative Associates are professionals who use mathematical, statistical, and computational techniques to analyze financial data and develop models for decision-making in fields such as banking, investment, and risk management. They often support senior quantitative analysts or traders by implementing algorithms, conducting data analysis, and providing insights to improve business strategies. These roles typically require strong skills in programming, mathematics, and finance, and are commonly found in investment banks, hedge funds, and financial technology firms.
What are the most commonly searched types of Quantitative jobs in Minnesota? The most popular types of Quantitative jobs in Minnesota are:
What are popular job titles related to Quantitative Associate jobs in Minnesota? For Quantitative Associate jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Quantitative Associate jobs? Cities in Minnesota with the most Quantitative Associate job openings:
Infographic showing various Quantitative Associate job openings in Minnesota as of July 2026, with employment types broken down into 1% As Needed, 67% Full Time, 30% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $88,714 per year, or $42.7 per hour.
Investment Associate

Investment Associate

Northwestern Mutual

Baxter, MN • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 26 days ago


Northwestern Mutual rating

8.0

Company rating: 8.0 out of 10

Based on 73 frontline employees who took The Breakroom Quiz

145th of 281 rated insurance


Job description

Cowell Financial is an established, comprehensive financial advisory firm located in the beautiful Brainerd Lakes Area. We deliver thoughtful, personalized financial planning and investment strategies with a goal of helping clients achieve clarity and long-term financial freedom. We're seeking an Investment Associate who is passionate about financial planning, enjoys analytical work, and wants to grow their career in a collaborative, client-first environment.
The Investment Associate will play a central role in implementing Cowell Financial's planning and wealth philosophies, participating in investment committee meetings, managing investment operations, and delivering high-quality portfolio analysis and client-focused recommendations. This role blends technical investment work with client-service responsibilities and offers strong opportunities for professional development and advancement.
Responsibilities include but are not limited to:
  • Investment strategy & portfolio management
    • Implement and uphold Cowell Financial's planning and wealth management philosophies across client accounts
    • Participate actively in investment committee meetings and help translate committee decisions into client actions
    • Perform asset allocation, asset location, and time-weighted asset allocation analysis
    • Implement proactive rebalancing, tax-loss/gain harvesting, Roth conversions, charitable giving strategies, and strategic distribution planning
    • Prepare and execute retirement distribution plans, RMDs, cash reserve strategies, and other retirement-focused initiatives
  • Expense management & product oversight
    • Monitor share classes (A, B, C, institutional), annuities, advisory pricing, LOI/breakpoints and CDSC
    • Maintain awareness of and optimize expenses across client portfolios, including whole-family aggregated advisory pricing and SIMPLE IRA breakpoints
    • Maintain entity tax-type and SIMPLE IRA eligibility requirements
  • Retirement & qualified plan support
    • Provide general 401(k) allocation observations per service models and client need
    • Assist with in-service distributions, reminders for automatic rebalancing of employer plans, and coordination with TPAs
    • Maintain up-to-date Plan Highlights documentation and ensure retirement account deposits ahead of tax filing deadlines
  • Trading & investment operations
    • Place trades, log checks/orders, execute ACHs and wires, and manage account operational tasks across advisory, brokerage, variable annuities, SMAs and Private Client Services
    • Monitor annual advisory account review requirements, items for attention/alerts and other operational exceptions
  • Client service, compliance & communication
    • Analyze client financial situations and portfolios to develop and implement comprehensive recommendations aligned with client goals
    • Emphasize confidentiality, compliance and exceptional client service in all interactions
    • Work independently and collaboratively, delegate where appropriate, and manage multiple complex assignments efficiently and accurately
  • Research, learning & industry engagement
    • Maintain up-to-date investment industry and Northwestern Mutual knowledge
    • Participate actively in firm learning opportunities: meetings, schools, conferences, webinars and professional designation programs

Qualifications:
  • Bachelor's degree
  • SIE, Series 7, and 66 licensed, or equivalent
  • CFA designation or desire to acquire
  • Strong proficiency with Microsoft Excel, Outlook and Word
  • Excellent quantitative skills (time value of money, financial calculator, portfolio analytics)
  • Strong analytic, research, critical thinking and problem-solving abilities
  • Exceptional attention to detail, organizational skills and the ability to manage competing priorities to deadlines
  • Effective active listening and communication skills
  • Commitment to client-first ethics, confidentiality and compliance
  • Passion for investments and a demonstrated thirst for ongoing professional development

Benefits:
  • Health insurance
  • Dental insurance
  • Long-term disability income plan
  • Life insurance
  • 401(k) with match
  • Professional designation program
  • Paid holidays & paid time off

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM) (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries in Milwaukee, WI. Northwestern Long Term Care Insurance Company (NLTC), Milwaukee, WI, (long-term care insurance) a subsidiary of NM. Investment brokerage services are offered through Northwestern Mutual Investment Services, LLC, (NMIS) a subsidiary of NM, broker-dealer, registered investment advisor, and member FINRA and SIPC. Investment advisory and trust services are offered through Northwestern Mutual Wealth Management Company® (NMWMC), Milwaukee, WI, a subsidiary of NM and a federal savings bank.
Members of Cowell Financial use Cowell Financial as a marketing name for doing business as representatives of Northwestern Mutual. Cowell Financial is not a registered investment adviser, broker-dealer, insurance agency, or federal savings bank. To view detailed disclosures regarding individual representatives, view their information at cowellfinancial.com.

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About Northwestern Mutual

Sourced by ZipRecruiter

Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Milwaukee, WI, US