Analyze large datasets (e.g., exposure data, claims data, hazard data) to assess model performance ... quantitative field. * 5+ years of experience in catastrophe modeling, natural hazard risk research ...
Analyze large datasets (e.g., exposure data, claims data, hazard data) to assess model performance ... quantitative field. * 5+ years of experience in catastrophe modeling, natural hazard risk research ...
Analyze large datasets (e.g., exposure data, claims data, hazard data) to assess model performance ... quantitative field. * 5+ years of experience in catastrophe modeling, natural hazard risk research ...
Analyze large datasets (e.g., exposure data, claims data, hazard data) to assess model performance ... quantitative field. * 5+ years of experience in catastrophe modeling, natural hazard risk research ...
Procurement Analyst Intern
Chicago, IL · On-site
$20/hr
The team this intern will report to is a group of "team first" problem solvers responsible for ... Supply Chain Risk Management * Support Global Supply Chain Risk Assessment efforts by mapping ...
Procurement Analyst Intern
Chicago, IL · On-site
$20/hr
The team this intern will report to is a group of "team first" problem solvers responsible for ... Supply Chain Risk Management * Support Global Supply Chain Risk Assessment efforts by mapping ...
The team this intern will report to is a group of "team first" problem solvers responsible for ... Supply Chain Risk Management * Support Global Supply Chain Risk Assessment efforts by mapping ...
The team this intern will report to is a group of "team first" problem solvers responsible for ... Supply Chain Risk Management * Support Global Supply Chain Risk Assessment efforts by mapping ...
Quantitative Finance Analyst
Chicago, IL · On-site
Performs end-to-end market risk stress testing including scenario design, scenario implementation ... As a Quantitative Finance Analyst on the Global Financial Crimes Modeling and Analytics team, your ...
Quantitative Finance Analyst
Chicago, IL · On-site
Performs end-to-end market risk stress testing including scenario design, scenario implementation ... As a Quantitative Finance Analyst on the Global Financial Crimes Modeling and Analytics team, your ...
Junior Risk Analyst
Downers Grove, IL · Hybrid
... and quantitative skills, with interest in benchmarking, performance measurement, and attribution, as well as portfolio risk (e.g., factor exposures, volatility, drawdowns, tracking error, sector ...
New
Junior Risk Analyst
Downers Grove, IL · Hybrid
... and quantitative skills, with interest in benchmarking, performance measurement, and attribution, as well as portfolio risk (e.g., factor exposures, volatility, drawdowns, tracking error, sector ...
New
This role requires deep expertise in consumer credit risk analytics and is ideal for a hands-on leader who combines strong quantitative capabilities with capital markets fluency and executive-level ...
This role requires deep expertise in consumer credit risk analytics and is ideal for a hands-on leader who combines strong quantitative capabilities with capital markets fluency and executive-level ...
As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first ... modeling, and risk management * Build and maintain quantitative model tools and analytics
As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first ... modeling, and risk management * Build and maintain quantitative model tools and analytics
Portfolio Risk Associate, Risk & Analytics
Chicago, IL · On-site
$77K - $115K/yr
... related quantitative field * 1-3 years of experience in analytics, strategy, risk, financial ... services, or a related quantitative field preferred * Strong analytical, problem-solving, and ...
Portfolio Risk Associate, Risk & Analytics
Chicago, IL · On-site
$77K - $115K/yr
... related quantitative field * 1-3 years of experience in analytics, strategy, risk, financial ... services, or a related quantitative field preferred * Strong analytical, problem-solving, and ...
Portfolio Risk Associate, Risk & Analytics
Chicago, IL · On-site
$77K - $115K/yr
... related quantitative field * 1-3 years of experience in analytics, strategy, risk, financial ... services, or a related quantitative field preferred * Strong analytical, problem-solving, and ...
Portfolio Risk Associate, Risk & Analytics
Chicago, IL · On-site
$77K - $115K/yr
... related quantitative field * 1-3 years of experience in analytics, strategy, risk, financial ... services, or a related quantitative field preferred * Strong analytical, problem-solving, and ...
Conceptual thinking skills must be complemented by a strong quantitative orientation, given that a large part of the business is based on rigorous analytic marketing & credit risk management * Strong ...
Conceptual thinking skills must be complemented by a strong quantitative orientation, given that a large part of the business is based on rigorous analytic marketing & credit risk management * Strong ...
Quantitative Researcher for Risk and Research Engagement
Chicago, IL · On-site
$150K - $180K/yr
... quantitative research, and risk management. You will partner closely with Portfolio Managers, Risk ... Analyze U.S. power markets to identify market opportunities, portfolio risks, and drivers of ...
Quantitative Researcher for Risk and Research Engagement
Chicago, IL · On-site
$150K - $180K/yr
... quantitative research, and risk management. You will partner closely with Portfolio Managers, Risk ... Analyze U.S. power markets to identify market opportunities, portfolio risks, and drivers of ...
FINRA is seeking a Senior Risk Monitoring Analyst to play a pivotal role in safeguarding the ... Intermediate-to-Advanced quantitative and analytical problem-solving abilities * Proven ability to ...
FINRA is seeking a Senior Risk Monitoring Analyst to play a pivotal role in safeguarding the ... Intermediate-to-Advanced quantitative and analytical problem-solving abilities * Proven ability to ...
Quantitative Intern (Summer 2027)
Chicago, IL · On-site +1
As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to ... Analyze complex datasets, investigate market behavior, and uncover insights that inform decision ...
New
Quantitative Intern (Summer 2027)
Chicago, IL · On-site +1
As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to ... Analyze complex datasets, investigate market behavior, and uncover insights that inform decision ...
New
As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first ... modeling, and risk management * Build and maintain quantitative model tools and analytics
Quick apply
As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first ... modeling, and risk management * Build and maintain quantitative model tools and analytics
Quantitative Trader Intern
Chicago, IL · On-site
As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first ... modeling, and risk management * Build and maintain quantitative model tools and analytics
Quantitative Trader Intern
Chicago, IL · On-site
As an intern, you will partner with Junior and Senior Traders to learn, assist and interact first ... modeling, and risk management * Build and maintain quantitative model tools and analytics
Intermediate Quantitative Analyst
Chicago, IL · On-site
$124K - $165K/yr
This role is responsible for performing quantitative analysis and research within the Risk and Return group of Allstate Investments. The primary focus of this role is private markets research and ...
Intermediate Quantitative Analyst
Chicago, IL · On-site
$124K - $165K/yr
This role is responsible for performing quantitative analysis and research within the Risk and Return group of Allstate Investments. The primary focus of this role is private markets research and ...
Quantitative Intern (Summer 2027)
Chicago, IL · On-site
$70K - $88K/yr
As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to ... Analyze complex datasets, investigate market behavior, and uncover insights that inform decision ...
New
Quantitative Intern (Summer 2027)
Chicago, IL · On-site
$70K - $88K/yr
As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to ... Analyze complex datasets, investigate market behavior, and uncover insights that inform decision ...
New
You'll analyze large-scale datasets, develop predictive models and algorithms, and apply ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
New
You'll analyze large-scale datasets, develop predictive models and algorithms, and apply ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
New
You'll analyze large-scale datasets, develop predictive models and algorithms, and apply ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
New
You'll analyze large-scale datasets, develop predictive models and algorithms, and apply ... Build and test statistical and stochastic models for pricing, forecasting, and risk management
New
Quantitative Risk Analyst Intern information
See Chicago, IL salary details
$67K - $74.5K
13% of jobs
$81.9K is the 25th percentile. Wages below this are outliers.
$74.5K - $82K
13% of jobs
$82K - $89.6K
11% of jobs
$89.6K - $97.1K
0% of jobs
$97.1K - $104.7K
2% of jobs
$104.7K - $112.2K
9% of jobs
The median wage is $114.1K / yr.
$112.2K - $119.7K
11% of jobs
$119.7K - $127.3K
11% of jobs
$131.6K is the 75th percentile. Wages above this are outliers.
$127.3K - $134.8K
12% of jobs
$134.8K - $142.3K
9% of jobs
$142.3K - $149.9K
11% of jobs
$67K
$111.6K
$149.9K
How much do quantitative risk analyst intern jobs pay per year?
As of Jul 4, 2026, the average yearly pay for quantitative risk analyst intern in Chicago, IL is $111,599.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,400.00 and $134,900.00 per year, depending on experience, location, and employer.
What are the key skills and qualifications needed to thrive as a Quantitative Risk Analyst Intern, and why are they important?
To thrive as a Quantitative Risk Analyst Intern, you need a solid background in mathematics, statistics, and finance, often supported by progress toward a relevant degree such as finance, economics, or applied mathematics. Familiarity with programming languages like Python or R, statistical analysis tools, and risk management platforms such as SAS or MATLAB is typically expected. Strong analytical thinking, attention to detail, and effective communication skills help interns interpret complex data and present findings clearly. These skills are crucial for accurately assessing risks, supporting data-driven decision-making, and contributing to effective risk management strategies.
What does a Quantitative Risk Analyst Intern do?
A Quantitative Risk Analyst Intern supports the risk management team by analyzing financial data, building statistical models, and assessing potential risks that could impact an organization. They use mathematical and statistical techniques to identify, measure, and monitor risks associated with investments, market movements, or operational activities. Interns often help with data collection, programming (using tools like Python, R, or Excel), and preparing reports for senior analysts. This role provides valuable hands-on experience in applying quantitative methods to real-world financial risk scenarios.
What is the difference between Quantitative Risk Analyst Intern vs Quantitative Risk Analyst?
| Aspect | Quantitative Risk Analyst Intern | Quantitative Risk Analyst |
|---|---|---|
| Required credentials | Typically pursuing or recent graduate with a degree in finance, economics, or related field | Bachelor's or master's degree in a relevant field, often with some professional experience |
| Work environment | Internship setting, often part-time or summer program within financial institutions | Full-time role within banks, investment firms, or insurance companies |
| Employer and industry usage | Used in internship programs across finance and risk management firms | Standard position in risk management departments of financial services |
The main difference between a Quantitative Risk Analyst Intern and a Quantitative Risk Analyst is experience level and responsibility. Interns are typically students gaining exposure, while analysts are full-time professionals responsible for assessing and managing risk strategies.
What types of projects and responsibilities can a Quantitative Risk Analyst Intern expect during their internship?
As a Quantitative Risk Analyst Intern, you can expect to work on projects involving data analysis, risk modeling, and validation of existing financial models. You may assist in stress testing portfolios, researching risk factors, and automating data processes under the guidance of senior analysts. Interns typically collaborate closely with risk management, trading, and IT teams, gaining hands-on experience with industry-standard tools and methodologies. This role offers an excellent opportunity to develop technical skills and an understanding of how risk is measured and managed in financial institutions.
What are the most commonly searched types of Quantitative Risk Analyst jobs in Chicago, IL? The most popular types of Quantitative Risk Analyst jobs in Chicago, IL are:
What are popular job titles related to Quantitative Risk Analyst Intern jobs in Chicago, IL? For Quantitative Risk Analyst Intern jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Analyst Intern jobs in Chicago, IL look for? The top searched job categories for Quantitative Risk Analyst Intern jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Quantitative Risk Analyst Intern jobs? Cities near Chicago, IL with the most Quantitative Risk Analyst Intern job openings:
Job description
Overview:
If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we're hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Catastrophe Risk Analyst.
In this role, you'll play a critical part in advancing the scientific, statistical, and model-based understanding of catastrophe risk across perils such as hurricanes, earthquakes, wildfires, floods, and severe convective storms. You'll support the development and evaluation of catastrophe models, enhance internal risk views, and deliver insights to inform underwriting, portfolio management, and reinsurance strategy.
What you'd be doing:
We're looking for someone who has:
Highly preferred candidates also have:
Catastrophe Risk R&D:
At SageSure, the Catastrophe Risk R&D team is redefining how the industry understands and manages catastrophe risk. We operate at the intersection of science, technology, data, and industry insight, developing a proprietary view of risk that goes beyond traditional models. Our work shapes risk management strategy, capital allocation, and external market positioning, directly influencing how SageSure protects policyholders and partners in catastrophe-exposed regions.
Join the team that sees risk differently-and proves it.
#LI-KW1
About SageSure:
Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed property in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 110 home, flood, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $3.2 billion of inforce premium and helps protect more than 970,000 policyholders.
We have more than 1,000 employees in a distributed workforce environment across 12 offices-Fairfield, CA; Mountain View, CA; Cheshire, CT; Jacksonville, FL; Tallahassee, FL; Tampa, FL; Chicago, IL; Jersey City, NJ; Marlton, NJ; Cincinnati, OH; Houston, TX; Sheboygan, WI-who are tackling the industry's toughest challenges.
SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.
Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.
California Applicants: View SageSure's Workforce Members' Privacy Notice - CA Privacy Policy & Notice of Collection
If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we're hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a Senior Catastrophe Risk Analyst.
In this role, you'll play a critical part in advancing the scientific, statistical, and model-based understanding of catastrophe risk across perils such as hurricanes, earthquakes, wildfires, floods, and severe convective storms. You'll support the development and evaluation of catastrophe models, enhance internal risk views, and deliver insights to inform underwriting, portfolio management, and reinsurance strategy.
What you'd be doing:
- Evaluate third-party catastrophe models (e.g., RMS, Verisk, CoreLogic) and contribute to the development of internal risk views.
- Analyze large datasets (e.g., exposure data, claims data, hazard data) to assess model performance, validate assumptions, and identify improvement areas.
- Conduct claims analysis, event response, and post-event analytics.
- Support integration of climate science and emerging research into catastrophe risk analytics.
- Collaborate with internal stakeholders (underwriting, actuarial, reinsurance, risk, and data science teams) to apply research findings to business decisions.
- Design and implement tools, frameworks, or methodologies that improve model transparency and interpretability.
- Monitor and interpret academic, regulatory, and industry developments in catastrophe risk science and modeling.
- Ad hoc job duties as assigned.
We're looking for someone who has:
- Advanced degree (Master's or PhD) in Atmospheric Science, Hydrology, Earth Science, Engineering, Applied Mathematics, Statistics, or a related quantitative field.
- 5+ years of experience in catastrophe modeling, natural hazard risk research, insurance analytics, or a related field.
- Proficiency with catastrophe modeling platforms (RMS, Verisk, AIR, etc.).
- Strong coding and data analysis skills (e.g., Python, R, SQL).
- Experience working with geospatial data and tools (e.g., GIS, QGIS, ArcGIS).
- Familiarity with stochastic simulation, probabilistic risk modeling, and related statistical methods.
- Strong critical thinking, problem-solving, and research skills.
- Excellent communication skills with the ability to explain complex concepts to non-technical audiences.
- Proven ability to work collaboratively in cross-functional, research-driven environments.
Highly preferred candidates also have:
- Experience in the (re)insurance, ILS, consulting, or catastrophe model vendor environment.
- Experience developing internal catastrophe models or integrating third-party models into portfolio management workflows.
- Familiarity with climate risk modeling and emerging methodologies in catastrophe risk R&D.
- Demonstrated track record of publishing or presenting research in the field of natural hazard modeling or risk analytics.
Catastrophe Risk R&D:
At SageSure, the Catastrophe Risk R&D team is redefining how the industry understands and manages catastrophe risk. We operate at the intersection of science, technology, data, and industry insight, developing a proprietary view of risk that goes beyond traditional models. Our work shapes risk management strategy, capital allocation, and external market positioning, directly influencing how SageSure protects policyholders and partners in catastrophe-exposed regions.
Join the team that sees risk differently-and proves it.
#LI-KW1
About SageSure:
Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed property in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 110 home, flood, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $3.2 billion of inforce premium and helps protect more than 970,000 policyholders.
We have more than 1,000 employees in a distributed workforce environment across 12 offices-Fairfield, CA; Mountain View, CA; Cheshire, CT; Jacksonville, FL; Tallahassee, FL; Tampa, FL; Chicago, IL; Jersey City, NJ; Marlton, NJ; Cincinnati, OH; Houston, TX; Sheboygan, WI-who are tackling the industry's toughest challenges.
SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.
Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.
California Applicants: View SageSure's Workforce Members' Privacy Notice - CA Privacy Policy & Notice of Collection
About SageSure
Sourced by ZipRecruiter
Industry
Insurance services
Company size
501 - 1,000 Employees
Headquarters location
Jersey City, NJ, US
Year founded
2009