Home > Salary > Estonia > Quantitative Analyst Risk
A Quantitative Analyst in Risk is responsible for analyzing and managing financial risks within a company or financial institution. They use mathematical and statistical models to assess and predict the potential risks associated with investment decisions, market fluctuations, and other financial activities. Their primary goal is to identify and mitigate potential risks by developing risk management strategies and providing recommendations to senior management.
Quantitative Analysts in Risk typically work closely with traders, portfolio managers, and other stakeholders to understand their risk appetite and develop appropriate risk management frameworks. They collect and analyze large sets of financial data, conduct stress tests, and perform scenario analysis to evaluate the impact of different risk factors on the organization's financial position. They also monitor market trends, regulatory changes, and industry best practices to ensure compliance and adapt risk management strategies accordingly.
Estimated Yearly Salary: 48,356 EUR
Estimated Monthly Salary: 4,030 EUR
Estimated Weekly Salary: 930 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,892 EUR
Estimated Weekly Salary: 898 EUR per week
Estimated Hourly Salary: 22 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 48,398 USD
Estimated Monthly Salary: 4,033 USD
Estimated Weekly Salary: 931 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 48,356 EUR
Estimated Monthly Salary: 4,030 EUR
Estimated Weekly Salary: 930 EUR per week
Estimated Hourly Salary: 23 EUR per hour
By working as Quantitative Analyst Risk a person can save up to 2,928 USD per month or 35,131 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Estonia, see costs of living in Estonia.
Estimated Yearly Salary for Quantitative Analyst Risk
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Principal investigator clinical research (50,012 EUR per year, pre-tax.)
Instructor physical education (22,478 EUR per year, pre-tax.)
Insurance claims assistant (18,122 EUR per year, pre-tax.)
Lab safety officer (25,336 EUR per year, pre-tax.)
Criminal psychologist (30,128 EUR per year, pre-tax.)
Quantitative Analyst Risk salary in Estonia
Average Yearly Salary of Quantitative Analyst Risk in Estonia is approximately 48,356 EUR (48,398 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Quantitative Analyst Risk do?
A Quantitative Analyst in Risk is responsible for analyzing and managing financial risks within a company or financial institution. They use mathematical and statistical models to assess and predict the potential risks associated with investment decisions, market fluctuations, and other financial activities. Their primary goal is to identify and mitigate potential risks by developing risk management strategies and providing recommendations to senior management.
Quantitative Analysts in Risk typically work closely with traders, portfolio managers, and other stakeholders to understand their risk appetite and develop appropriate risk management frameworks. They collect and analyze large sets of financial data, conduct stress tests, and perform scenario analysis to evaluate the impact of different risk factors on the organization's financial position. They also monitor market trends, regulatory changes, and industry best practices to ensure compliance and adapt risk management strategies accordingly.
Skills: Quantitative Analyst, Risk Management, Financial Risk, Mathematical Modeling, Statistical Analysis, Risk Mitigation.
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst Risk make?
Salary details
How much does Quantitative Analyst Risk make?Estimated Yearly Salary: 48,356 EUR
Estimated Monthly Salary: 4,030 EUR
Estimated Weekly Salary: 930 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 46,698 EUREstimated Monthly Salary: 3,892 EUR
Estimated Weekly Salary: 898 EUR per week
Estimated Hourly Salary: 22 EUR per hour
Last revision of data: 2024-01-05Quantitative Analyst Risk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 48,398 USD
Estimated Monthly Salary: 4,033 USD
Estimated Weekly Salary: 931 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Estonia.
Comparison shows that a person working as Quantitative Analyst Risk in Estonia earns on average:
1.92 times the average salary (or 192% of average salary).
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Risk job salary compared to average salary in Estonia.
Comparison shows that a person working as Quantitative Analyst Risk in Estonia earns on average:
1.92 times the average salary (or 192% of average salary).
Is Quantitative Analyst Risk a well paid job?
Yes, our data shows that Quantitative Analyst Risk is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Quantitative Analyst Risk?
High salary for Quantitative Analyst Risk would be somewhere between 53,192 EUR and 70,116 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Risk in Estonia?
Living in Estonia the approximate monthly expenses are: 1,106 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 48,356 EUR
Estimated Monthly Salary: 4,030 EUR
Estimated Weekly Salary: 930 EUR per week
Estimated Hourly Salary: 23 EUR per hour
By working as Quantitative Analyst Risk a person can save up to 2,928 USD per month or 35,131 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Estonia, see costs of living in Estonia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Russia, Latvia, Finland.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Quantitative Analyst Risk
Russia is 22,382 USD
Latvia is 37,701 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Estonia
(288,066 EUR per year, pre-tax.)
2. Cardiologist
(240,102 EUR per year, pre-tax.)
(231,505 EUR per year, pre-tax.)
4. Neurosurgeon
(224,746 EUR per year, pre-tax.)
(224,064 EUR per year, pre-tax.)
(219,685 EUR per year, pre-tax.)
(218,978 EUR per year, pre-tax.)
8. Urologist
(218,750 EUR per year, pre-tax.)
(218,678 EUR per year, pre-tax.)
10. Dermatologist
(218,557 EUR per year, pre-tax.)
Data as of 2025Random salary:
Principal investigator clinical research (50,012 EUR per year, pre-tax.)
Instructor physical education (22,478 EUR per year, pre-tax.)
Insurance claims assistant (18,122 EUR per year, pre-tax.)
Lab safety officer (25,336 EUR per year, pre-tax.)
Criminal psychologist (30,128 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=estonia&job=quantitative-analyst-risk'><img src='https://optisalary.com/wp-content/graphs/salary/quantitative-analyst-risk-salary-in-estonia-2025.jpg' alt='quantitative analyst risk salary in estonia 2025' title='quantitative analyst risk salary in estonia 2025' /></a>
Please note:optisalary.com aggregates salary data for reference purposes exclusively.
This website provides salary data exclusively for informational purposes. While we strive for correctness, we do not ensure the validity of all figures. Users must double-check salary details with reliable sources before making financial plans. Salary amounts may vary based on multiple factors, such as company size, negotiation tactics, and industry demand. We accept no liability for misinterpretations in the pay estimates provided. By using this website, you acknowledge that salary data is not absolute.
optisalary.com displays salary figures solely for reference purposes. While we strive for accuracy, we do not ensure the precision of all figures. Users should double-check salary details with reliable organizations before making career-related plans. Salary amounts may fluctuate based on numerous factors, such as geographic location, experience, and job role. We accept no responsibility for misinterpretations in the salary estimates provided. By accessing this website, you acknowledge that salary data is subject to change.