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Remote Risk Quant Jobs in Massachusetts (NOW HIRING)

We are open to hiring remote in the US. Essential Duties and Responsibilities: * Manage multiple ... Bachelors degree in a quantitative field such as Actuarial Science, Mathematics, Data Science or ...

Senior Structural Engineer

Wakefield, MA ยท On-site +1

$100K - $160K/yr

... two days remote). Dams in our clients' portfolios are in some of the most spectacularly scenic ... Participate in semi-quantitative risk analysis workshops. * Prepare formal written reports, give ...

Senior Structural Engineer

Franklin, MA ยท On-site +1

$100K - $160K/yr

... two days remote). Dams in our clients' portfolios are in some of the most spectacularly scenic ... Participate in semi-quantitative risk analysis workshops. * Prepare formal written reports, give ...

Bitsight is a cyber risk management leader transforming how companies manage exposure, performance ... D. in a quantitative field (e.g., Computer Science, Statistics, Engineering) or equivalent ...

Senior Product Manager - Asset Insights

Boston, MA ยท On-site +1

$137K - $180K/yr

... reduce risk and improve build quality. We serve customers in the solar, wind, insurance ... You are fluent in quantitative reasoning: you've built measurement frameworks, designed experiments ...

Senior Product Manager - Asset Insights

Boston, MA ยท On-site +1

$137K - $180K/yr

... reduce risk and improve build quality. We serve customers in the solar, wind, insurance ... You are fluent in quantitative reasoning: you've built measurement frameworks, designed experiments ...

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Remote Risk Quant information

What are the key skills and qualifications needed to thrive as a Remote Risk Quant, and why are they important?

To thrive as a Remote Risk Quant, you need strong quantitative analysis skills, a background in mathematics, statistics, or finance, and typically an advanced degree such as a master's or PhD. Proficiency in programming languages like Python, R, or MATLAB, and familiarity with risk management systems and financial modeling tools are crucial. Exceptional problem-solving, attention to detail, and effective remote communication skills set top candidates apart. These abilities are vital for accurately assessing financial risks, developing robust models, and collaborating efficiently within distributed teams.

What is the difference between Remote Risk Quant vs Remote Quantitative Analyst?

AspectRemote Risk QuantRemote Quantitative Analyst
Required CredentialsAdvanced degrees in finance, mathematics, or statistics; certifications like CFA or FRM often preferredSimilar credentials; degrees in math, finance, or engineering; certifications like CFA common
Work EnvironmentFinancial institutions, hedge funds, or risk management firms; primarily analytical and model development rolesFinancial firms, investment banks, or asset management; focus on data analysis and model building
Employer & Industry UsageUsed in risk management, compliance, and regulatory roles within financeUsed in trading, investment analysis, and quantitative research within finance

While both roles require strong quantitative skills and similar educational backgrounds, Remote Risk Quants focus more on assessing and managing financial risks, whereas Remote Quantitative Analysts often concentrate on developing models for trading or investment strategies. The roles overlap but differ mainly in their primary focus within the financial industry.

What are some common challenges faced by Remote Risk Quants and how can they be managed effectively?

Remote Risk Quants often encounter challenges such as limited access to real-time data streams, maintaining clear communication with on-site teams, and ensuring data security when working offsite. To manage these effectively, it's important to establish robust digital collaboration practices, utilize secure remote access tools, and maintain regular check-ins with stakeholders. Additionally, being proactive in seeking feedback and clarifications helps mitigate misunderstandings and keeps risk analysis aligned with organizational goals.

What are Remote Risk Quants?

Remote Risk Quants are quantitative analysts who work remotely to assess, measure, and manage financial risks for organizations. They use mathematical models, statistical techniques, and programming skills to analyze large datasets and forecast potential risks in investments, portfolios, or financial operations. By working remotely, they collaborate with teams using digital communication tools and often have flexible work arrangements. Their expertise is essential for financial institutions, hedge funds, and corporations to make data-driven risk management decisions.
What are the most commonly searched types of Risk Quant jobs in Massachusetts? The most popular types of Risk Quant jobs in Massachusetts are:
What cities in Massachusetts are hiring for Remote Risk Quant jobs? Cities in Massachusetts with the most Remote Risk Quant job openings:

Senior Actuarial Analyst - P&C Insurance

NFP

Boston, MA โ€ข On-site, Remote

$85K - $115K/yr

Full-time

Medical, Retirement, PTO

Posted 10 days ago


Job description

Who We Are:ย ย ย 

NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.ย 

Summary:

This position offers hands-on experience working with real insurance data and analytics projects as part of NFPโ€™s Property & Casualty Actuarial team. Youโ€™ll work with experienced analysts and actuaries to analyze large datasets, build models and dashboards, automate workflows and translate data into actionable insights used by underwriters, leadership and clients. We are open to hiring remote in the US.

Essential Duties and Responsibilities:ย 

  • Manage multiple client specific deliverables related to renewals and other special projectsย 
  • Have primary project responsibility for actuarial reserve analyses, captive feasibility studies, insurance program pricing studies, loss forecasting, variability analysis and simulation modelingย 
  • Organize, assemble and prepare effective communications for submissions and proposalsย 
  • Assist in collecting, cleaning, and analyzing data using Excel, R, Python, SQL and Power BIย 
  • ย Support the development of analytical tools, reports, and dashboardsย 
  • Automate recurring data and reporting processesย 
  • Assist with statistical analysis and modelingย 
  • Validate data, review results, and help ensure outputs are accurate and well-documentedย 
  • Collaborate with your manager and colleagues to brainstorm ideas, solve problems, and achieve project goals

Knowledge, Skills and/or Abilities:ย 

  • Proficiency with Excel and at least one scripting language (R, Python, SQL)ย 
  • Ability to work with large datasets and strong attention to detailย 
  • Comfort learning new tools and concepts in a fast-paced environmentย 
  • Ability to manage tasks independently while working as part of a teamย 
  • Strong written and verbal communication skillsย 
  • Strong client presence with project management, presentation and facilitation skillsย 
  • Well organized with the ability to handle several projects/clients simultaneously

Education and/or Experience:ย 

  • Bachelors degree in a quantitative field such as Actuarial Science, Mathematics, Data Science or related disciplineย 
  • 2 โ€“ 5 years of related insurance industry experienceย 
  • Progress toward Associate of the Casualty Actuarial Society (ACAS) certification a plus

What We Offer:ย ย ย ย 

We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $85,000.00 โ€“ $115,000.00. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.ย 

NFP and You... Better Together!ย ย ย ย 

NFP is an inclusive Equal Employment Opportunity employer.ย ย ย ย