Quantitative Risk Analyst Senior - Stress Testing and Scenario Design

USAA Life Insurance Company; San Antonio (TX); Hybrid; USD 114,000 - 218,000; Full time

Job summary

USAA Life Insurance Company in San Antonio, TX is seeking a Senior Quantitative Risk Analyst specialized in stress testing and scenario design. You will develop models, review assumptions, and apply econometric techniques to assess capital needs and performance.

The role requires in-depth risk management experience, strong communication, and the ability to work onsite four days a week in San Antonio, Colorado Springs, or Plano. Relocation assistance is not provided.

Qualifications

• Bachelor's degree in Economics, Finance, Statistics, Mathematics, Engineering, Actuarial Sciences, or quantitative field, OR 4 years of relevant education/experience.
• 6 years related quantitative analysis experience in risk management (statistical analysis, modeling, mathematics or similar).
• PhD in Economics, Finance, Statistics, Mathematics or related field with up to 2 years in risk management.

Responsibilities

• Utilize advanced analytics to assess future risk, opportunities, and effectiveness and translate results into actionable insights for decision making.
• Quantify risk and aggregate exposures using industry best practices.
• Engage in model validation and produce validation reports.
• Apply quantitative methods to inform risk strategies and governance.
• Communicate findings to cross-functional teams and leadership to drive decisions.
• Mentor teammates in peer review and analytical techniques.

Skills

Stress testing

Scenario design

Quantitative analysis

Model development

Econometrics

Python

SQL

Tableau

Essbase

Risk management

Education

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

Tools

Python

SQL

Tableau

Oracle Essbase

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

The Quantitative Risk Analyst Senior - Stress Testing and Scenario Design supports financial risk management by helping identify, measure, monitor, and assess risks across the business. This role uses quantitative modeling and data analysis to evaluate market conditions, identify emerging risks, and understand how economic scenarios may affect financial performance, capital requirements, and overall business performance. The analyst will also monitor the risk and control environment and help develop practical, data-driven recommendations to strengthen risk management processes and controls.

The ideal candidate will have advanced experience with stress testing, scenario design, model development, and quantitative analysis within financial services or risk management.

Strong experience reviewing and challenging model assumptions, qualitative methodologies, management overlays, and stress-testing results is important, along with knowledge of capital stress testing, capital planning, governance, and regulatory requirements.

Candidates should also have experience applying econometric, statistical, and predictive modeling techniques using tools such as Python, SQL, Essbase and Tableau, combined with strong written and verbal communication skills.

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, Colorado Springs, CO or Plano, TX

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.
• Applies advanced knowledge and industry best practices to quantify risk and aggregate exposures.
• Engages in model validation and produces model validation reports.
• Applies innovative and scientific/quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and drive change.
• Translates recommendations into communication materials to effectively present to colleagues for peer review and management.
• Applies advanced knowledge to produce advanced analytical material for discussions with cross functional teams to understand complex business objectives and influence solution strategies.
• Provides mentorship to other team members in the peer review process.

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:

• 6 years 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 4 years work experience in a quantitative discipline relevant to risk management.
• OR PhD in Economics, Finance, Statistics, Mathematics, or other quantitative discipline and up to 2 years work experience in a quantitative discipline relevant to risk management.

What sets you apart:

• Advanced experience in stress testing, scenario design, model development, and quantitative analysis within a financial services or risk management environment.
• Demonstrated expertise in reviewing and challenging modeling assumptions, qualitative methodologies, management overlays, and stress testing results to ensure outcomes are credible, well-supported, and aligned with business and risk profiles.
• Ability to interpret macroeconomic scenarios and assess their impact on financial performance, capital requirements, and business performance
• Strong knowledge of governance, regulatory, and control requirements related to capital stress testing, capital planning, and risk management programs.
• Solid experience applying econometric, statistical, and predictive modeling techniques using tools such as Python, SQL, and Tableau
• Experience using Oracle Essbase for financial reporting, data retrieval, or analysis
• Excellent written and verbal communication skills

Compensation range:

The salary range for this position is: $114,080 - $218,030 .

USAA does not provide visa sponso