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Remote Risk Quant Jobs in Monroeville, PA (NOW HIRING)

Remote work may be permitted within a commutable distance from the worksite. REQUIREMENTS: Bachelor ... Utilizing risk management frameworks involving Value at Risk (VaR), and stress testing/scenario ...

Remote work may be permitted within a commutable distance from the worksite. REQUIREMENTS: Bachelor ... Utilizing risk management frameworks involving Value at Risk (VaR), and stress testing/scenario ...

Remote work may be permitted within a commutable distance from the worksite. REQUIREMENTS: Bachelor ... Utilizing risk management frameworks involving Value at Risk (VaR), and stress testing/scenario ...

Remote Risk Quant information

See Monroeville, PA salary details

$97K

$168K

$256.8K

How much do remote risk quant jobs pay per year?

As of Jul 5, 2026, the average yearly pay for remote risk quant in Monroeville, PA is $167,980.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,100.00 and $197,000.00 per year, depending on experience, location, and employer.

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 job categories do people searching Remote Risk Quant jobs in Monroeville, PA look for? The top searched job categories for Remote Risk Quant jobs in Monroeville, PA are:
What cities near Monroeville, PA are hiring for Remote Risk Quant jobs? Cities near Monroeville, PA with the most Remote Risk Quant job openings:
Health Economics Analyst, Lead - Provider Analytics (Remote)

Health Economics Analyst, Lead - Provider Analytics (Remote)

UPMC Health Plan

Pittsburgh, PA • On-site, Remote

Other

Posted 10 days ago


Job description

Purpose:
The UPMC Health Plan is seeking a Health Economics Analyst to lead the analysis of financial and clinical data to identify variation, inform strategy, and drive improved performance across UPMC Health Plan products and programs. This role will be focused on provider analytics, leveraging episode-based methodologies to compare cost, efficiency, and quality across providers.

The Health Economics Analyst Lead, will develop deep expertise in analytical tools and outputs, translate insights into actionable opportunities, and communicate effectively to internal and external stakeholders. Success in this role requires strong analytical judgment, intellectual curiosity to explore and identify potential use cases, and the ability to influence decision-making and drive measurable improvement.
Responsibilities:

  • The quantitative analyst will also become increasingly familiar with basic medical claims terminology in order to properly interpret, through the application of quantitative analytics, the impact of care delivery and finance on Health Plan performance.
  • Independently prioritize and manage up to 5 advanced quantitative and/or statistical analytics projects simultaneously, while receiving minimal supervision.
  • Produce customer-oriented reports that provide business context for the analysis and recommendations, requiring only moderate revision by the supervisor or analytics communications team.
  • Routinely apply advanced data extraction and manipulation skills, complex analysis methods, statistical analysis, and data visualization tools to daily work.
  • Independently, or in teams, produce a combination of quantitative financial analysis and clinical utilization analysis to produce new insights into drivers of Health Plan performance.
  • Demonstrate attention to detail and initiative in discovering errors in data or analyses, or determining the need for additional, follow-up analysis arising from the original assignment.
  • Develop knowledge and expert understanding of all products and benefit designs of UPMC Health Plan insurance offerings, across all lines of business, to facilitate analysis.
  • Health Economics is a fluid, dynamic, fast-paced environment. The successful employee is comfortable with ambiguity in priorities and is able to maintain professionalism and a team-player attitude in the face of analytical challenges of moderate-to-high complexity.
  • The HEA Lead will consistently demonstrate a strong customer orientation, producing analyses on-time and communicating results effectively.

  • Bachelor's degree in business, mathematics, statistics, health care management, decision sciences, or a similar, quantitative field. Master's degree preferred.
  • Prior experience with financial and/or clinical modeling or data analysis is required.
  • Minimum of four-to-six years of work experience in a quantitative job function; seven years are preferred.
  • Demonstrate prior application of analytics methods specifically to health insurance or health care delivery industry data at the senior analyst level.
  • Demonstrated expertise in particularly-relevant analytical methods or health care business domain (payer/provider) may reduce time-in-position requirements.
  • The successful HEA Lead can apply analytical and statistical software tools to produce complex, quantitative analyses of the health insurance industry.
  • Work typically includes the use of statistical analyses, predictive models, or dynamic business models.
  • Demonstrate consistent application of strong problem-solving skills in the creation and interpretation of quantitative analyses, and to assist the supervisor in development of analysis plans.
  • Interpret and communicate to management and colleagues, verbally and through written reports, the results of complex, quantitative analysis.
  • Ability to leverage leading-edge analytics experience gained in other industries (e.g., population segmentation, risk analysis, optimization analytics, real-time analytics) to advance health care analytics will be strongly considered in lieu of health care experience.
  • General knowledge of business and economic principles strengthens the application.
  • The successful HEA Lead will have Senior analyst-level experience using SQL, SAS, or R to conduct analysis, i.e., prior experience independently programming complex business or statistical analyses is required.
  • Demonstrated application of a similar programming language or analysis tool such as SPSS, STATA, or C++ may also be acceptable.


    UPMC is an Equal Opportunity Employer/Disability/Veteran