Quantitative Risk Analyst I

USAA Life Insurance Company; San Antonio (TX); Hybrid; USD 94,000 - 179,000; Full time

Benefits offered by this job

Hybrid work option

In-office 4 days per week

Job summary

USAA Life Insurance Company is seeking a Mid-Level Quantitative Risk Analyst to identify, measure, monitor, and assess risks affecting strategic objectives. You will analyze data, develop quantitative assessments and risk metrics, and translate findings into clear recommendations for leadership.

The role uses SQL, Python, Excel, Power BI, or Tableau to create insights, dashboards, and KRIs. It supports risk mitigation and requires in-office work four days per week at San Antonio, TX, Plano, TX,

Qualifications

• Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or quantitative field or 4 years of relevant education/experience.
• Experience with quantitative analysis, statistics, modeling, or mathematics.
• Advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or related field and 2 years of experience is a plus.

Responsibilities

• Utilizes advanced analytics to assess future risk and translate results into solutions for decision making.
• Assesses and mitigates exposures by identifying key and emerging risks.
• Produces analytical content for discussions with cross functional teams and governance committees.
• Develops statistical reporting and financial analysis to forecast results for stress test scenarios.

Skills

SQL

Python

Excel

Power BI

Tableau

Education

Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or quantitative field

4 years of relevant education and/or experience

Job description

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.

We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity

As a Mid-Level Quantitative Risk Analyst, you will provide analytical and risk management support focused on identifying, measuring, monitoring, and assessing risks that could impact the organization's strategic objectives. You will analyze complex data, identify emerging risks and trends, develop quantitative assessments and risk metrics, and evaluate potential gaps or exposures within existing and proposed business processes.

In this role, you will use analytical tools such as SQL, Python, Excel, Power BI, or Tableau to develop insights, dashboards, and key risk indicators (KRIs) that help monitor changes in the risk environment. You will partner with business and risk stakeholders to assess potential impacts, support risk mitigation efforts, and translate quantitative findings into clear, actionable insights and recommendations for leadership.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, or Charlotte, NC

Relocation assistance is not available for this position.

What you'll do:

• Utilizes advanced analytics to assess future risk, opportunities, and effectiveness and translates results into meaningful solutions to enhance decision making.
• Assesses and mitigates exposures through the identification of key and emerging risks in alignment with the risk strategy and appetite.
• Applies knowledge to produce analytical material for discussions with cross functional teams to understand complex business objectives and influence solution strategies.
• Produces and communicates analytical content for discussions with cross functional teams, governance committees and business process owners to influence business strategies.
• May create statistical reporting and financial analysis to forecast results for required stress test scenarios, including analyzing and challenging stress testing results and partnering with relevant functions to validate those results.
• May engage in model validations, produce model validation reports, measure and aggregate model risks, and/or report on model issues to committees, auditors, and regulators.

What you have:

• Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or quantitative field; OR 4 years of relevant education and/or experience.

Experiences that will support your success:

• Related quantitative analysis experience in a discipline relevant to risk management to include statistical analysis, modeling, mathematics or other quantitative discipline.
• OR advanced degree/designation in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline and 2 years work experience in a quantitative discipline relevant to risk management.
• OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline.

What sets you apart:

• Ability to apply quantitative risk expertise within the broader context of insurance and banking operations, leveraging an understanding of customer behaviors, products, distribution channels, and business processes to deliver actionable risk insights.
• Ability to synthesize internal and external data sources to assess competitive dynamics, customer behavior trends, and evolving market conditions that impact business performance and risk exposure.
• Experience analyzing large or complex data sets to identify trends, emerging risks, patterns, and potential business impacts.
• Proficiency with analytical tools such as SQL, Python, Excel, Power BI, or Tableau to analyze data and develop meaningful insights.
• Strong communication and critical-thinking skills, with the ability to translate quantitative findings into clear, concise insights and recommendations for business partners and leadership.
• US military experience gained through military service or gained as a military spouse / domestic partner

Compensation range: The salary range for this position is: $93,770 - $179,240 .

USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we rema