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Senior Quantitative Risk Analyst Jobs in Minnesota

Senior Analyst

Minneapolis, MN · On-site +1

$85K - $125K/yr

... loyalty risk analysis, propensity modeling, etc. * Experience using AI tools (including skills ... quantitative analysis. * Working knowledge of SQL and Python for analytics and data warehouses ...

We are hiring for an exciting opportunity as a Fraud Risk Analyst within U.S. Bancorp's Quantitative Fraud Strategy team. In this role, you will support fraud prevention, detection, and rule ...

We are hiring for an exciting opportunity as a Fraud Risk Analyst within U.S. Bancorp's Quantitative Fraud Strategy team. In this role, you will support fraud prevention, detection, and rule ...

Showing results 41-60

Senior Quantitative Risk Analyst information

See Minnesota salary details

$52.4K

$107.6K

$139.6K

How much do senior quantitative risk analyst jobs pay per year?

As of Sep 14, 2026, the average yearly pay for senior quantitative risk analyst in Minnesota is $107,585.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,600.00 and $134,200.00 per year, depending on experience, location, and employer.

What is a senior quantitative risk analyst?

Senior Quantitative Risk Analysts are experienced professionals who use mathematical models and statistical techniques to identify, measure, and manage financial risks within an organization. They typically work in banks, investment firms, or other financial institutions, and play a key role in developing risk assessment tools, interpreting data, and advising on strategies to mitigate potential losses. In addition to their technical expertise, they often lead teams, guide junior analysts, and collaborate with other departments to ensure comprehensive risk management. Their work helps organizations make informed decisions and comply with regulatory requirements.

What are the key skills and qualifications needed to thrive as a senior quantitative risk analyst?

To thrive as a Senior Quantitative Risk Analyst, you need advanced quantitative analysis skills, a strong background in statistics, mathematics, or finance, and typically a relevant graduate degree. Proficiency in programming languages such as Python, R, or SAS, as well as experience with risk modeling software and financial databases, is crucial. Outstanding problem-solving abilities, attention to detail, and effective communication skills distinguish top performers in this role. These competencies are essential for accurately assessing financial risks, developing robust models, and clearly conveying complex findings to stakeholders.

What are some typical challenges faced by senior quantitative risk analysts when developing risk models, and how are they addressed within teams?

Senior Quantitative Risk Analysts often encounter challenges such as managing large, complex datasets, ensuring model accuracy, and staying compliant with evolving regulatory standards. To address these, teams typically collaborate closely, leveraging peer reviews, regular validation processes, and ongoing communication with IT and compliance departments. Additionally, senior analysts mentor junior team members and encourage a culture of continuous learning to keep up with the latest quantitative methods and regulatory requirements.

What is the difference between Senior Quantitative Risk Analyst vs Quantitative Risk Analyst?

AspectSenior Quantitative Risk AnalystQuantitative Risk Analyst
Required CredentialsBachelor's or Master's in Finance, Mathematics, or related field; often with certifications like FRM or CFABachelor's or Master's in relevant fields; certifications like FRM or CFA are common but less mandatory
Work EnvironmentTypically in financial institutions, risk management teams, or investment firmsSimilar environments, often in banks, asset managers, or insurance companies
Job ResponsibilitiesLeading risk modeling, analyzing complex data, mentoring junior staffSupporting risk assessments, data analysis, and model development

The main difference lies in experience and responsibility. Senior Quantitative Risk Analysts often lead projects, mentor teams, and handle complex modeling, while Quantitative Risk Analysts focus on supporting risk analysis and data work. Both roles require similar credentials and work in comparable environments, but the senior role involves more leadership and strategic input.

What are the most commonly searched types of Quantitative Risk Analyst jobs in Minnesota?

The most popular types of Quantitative Risk Analyst jobs in Minnesota are:

What are popular job titles related to Senior Quantitative Risk Analyst jobs in Minnesota?

For Senior Quantitative Risk Analyst jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Senior Quantitative Risk Analyst jobs in Minnesota look for?

The top searched job categories for Senior Quantitative Risk Analyst jobs in Minnesota are:

What cities in Minnesota are hiring for Senior Quantitative Risk Analyst jobs?

Cities in Minnesota with the most Senior Quantitative Risk Analyst job openings:

Senior Financial Analyst - Investment Operations and Finance

Saint Paul, MN

$73K - $122K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 11 days ago


Job description

Who Are We?

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category
Finance and AccountingCompensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range$73,900.00 - $122,000.00
Target Openings
1
What Is the Opportunity?
Travelers' Financial Analysis and Investment Reporting team is a specialized group within Investment Operations focused on delivering highquality financial analytics and reporting for the company's $100+ billion investment portfolios. The team is responsible for portfolio performance and risk analysis, investment income forecasting, and numerous investmentrelated financial reporting requirements under GAAP and STAT and other accounting requirements.statutory bases. Team members partner closely with senior leaders in Investments and Finance to provide clear, actionable insights on asset allocation, returns, and capital impacts, and to support key governance forums such as Management Committee and Board meetings.
The Senior Financial Analyst is a key member of Financial Analysis & Investment Reporting team supporting the management and oversight of the company's insurance investment portfolios. This role provides financial analysis, reporting, and decision support across multiple asset classes (e.g., public and private fixed income, equities, alternatives, and cash), and partners closely with Investments, Treasury, Corporate Finance, Accounting, and other stakeholders groups within Travelers.
The Senior Financial Analyst will support portfolio performance and risk analysis, capital and liquidity planning, and investment-related financial reporting, helping ensure ensuring that investment strategies align with enterprise financial objectives and regulatory requirements.What Will You Do?
  • Support analysis of the company's invested asset portfolios, including asset allocation, yield, total return, and risk metrics across multiple asset classes.
  • Prepare and analyze periodic investment results and management reporting (e.g., monthly/quarterly dashboards, variance analyses, and commentary) for senior leaders in Investments and Finance.
  • Assist with forecasting and planning of investment income, realized gains/losses, and other key P&L and balance sheet impacts, in coordination with Corporate Finance and FP&A.
  • Develop and maintain models to evaluate investment strategies, capital deployment, and portfolio repositioning scenarios (e.g., reinvestment analyses, duration and liquidity impacts).
  • Partner with Investment Operations, Accounting, and Portfolio managers to understand transaction activity, valuations, and data quality; reconcile variances and resolve issues as needed.
  • Support investment-related components of statutory (STAT), and GAAP financial reporting, including schedules, disclosures, and internal analyses related to invested assets.
  • Contribute to development and maintenance of investment reporting tools, standard templates, and automated processes, working closely with Technology and Data teams as appropriate.
  • Prepare materials and analyses for internal governance forums and senior management (e.g., Management Committee, Board meetings).
  • Follow internal controls and documentation standards to support SOX, audit, and compliance requirements.
  • Other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor's degree in Finance, Accounting, Economics, Business, or a related field, or equivalent work experience.
  • 3-5 years of relevant experience in finance, investments, corporate finance, capital markets, or related analytical roles.
  • Strong financial modeling and quantitative analysis skills; ability to build and maintain models in Excel or similar tools.
  • Ability to manage and interpret large data sets, identify trends, and translate analytic output into clear business insights.
  • Experience in insurance, asset management, banking, or other financial services environment preferred.
  • Familiarity with insurance company invested assets and balance sheets, including fixed income securities; exposure to other asset classes (equities, private placements, private credit, alternatives) strongly preferred.
  • Understanding of core finance and investment concepts, such as time value of money, duration, yield curves, risk/return, capital structure, and discounted cash flow.
  • Working knowledge of GAAP and/or statutory accounting for investments is preferred.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., , Essbase, Hyperion, COGNOS, Bloomberg, etc.)
  • Ability to handle multiple projects with shifting priorities. Adjust to ad-hoc requests.
  • Progress toward or interest in professional designations (e.g., CFA, CPA, FRM) is a plus.
What is a Must Have?
  • Two years of finance, financial planning, accounting, or related experience.
What Is in It for You?
  • Health Insurance:Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • Retirement:Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off:Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program:The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement:We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.