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Careersβ€ΊRolesβ€ΊStatistical Financial Analyst
Mid-Level

Statistical Financial Analyst

Applies statistical methods to financial questions with growing autonomy β€” owning specific modeling projects, validating model work, presenting findings to business stakeholders. Mid-career role inside corporate analytics, financial services analytics, or strategy functions.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
I
S
A
R
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Industries that often hire Statistical Financial Analysts
Financial Services Β· 44%Professional Services Β· 14%Manufacturing Β· 5%Government Β· 3%Technology & Information Β· 3%Administrative Services Β· 3%
Job markets for Statistical Financial Analysts
Where Statistical Financial Analyst jobs concentrate Β· ~315 metro areas
Based on employment in related occupations
Mapped SOC categories:
Finance
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Statistical Financial Analyst

Most weeks involve owning specific modeling projects and supporting senior analysts and business stakeholders. You'll often pull and clean financial or operational data, run regressions, time series, or segmentation analyses with increasing autonomy, validate model performance, and present findings to mid-level business leaders. Tools tend to include SQL, Python or R, Excel, and visualization platforms.

What's harder than people expect is the translation step β€” running the model is the easier part; explaining what it means to executives who don't share your statistical background is where most of the work compounds. Variance is meaningful between bank analytics teams (credit, deposits, customer behavior), insurance analytics (often actuarial-adjacent, pricing and reserving), and investment analytics (factor models, attribution). Statistical fluency continues to compound across the career.

People who tend to thrive here are statistically rigorous, comfortable with code, and good at storytelling around quantitative findings. If you want pure modeling without business context, this role mixes the two heavily. If you find satisfaction in using statistics to actually shape business decisions, the work tends to build into senior analytics, data science in financial services, or specialized actuarial/risk roles.

What people in this role value
Work values data not available for this role.
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying386 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Energy & Utilities$94K+10%
Technology & Information$94K+9%
Professional Services$92K+7%
Financial Services$83K-3%
Government$82K-4%
Compared to Finance average across all industries
1 BLS OEWS May 2024 covers all Statistical Financial Analysts (SOC 13-2051.00), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Finance β†’
Statistical Financial AnalystRisk Management ConsultantPortfolio ManagerMutual Fund AccountantFinancial Systems AnalystTrust OfficerMoney ManagerChartered Financial Analyst (CFA)Investment BankerInvestment OfficerAcquisition AnalystSecurities ConsultantAnalystFinancial AnalystFinance AnalystTreasury AnalystBond AnalystSecurities AnalystEquity Research AnalystSecurities Research AnalystCorporate Securities Research AnalystFiscal AnalystCredit Products OfficerInvestorBank Analyst+1 more
Exploring the Statistical Financial Analyst career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
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✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$62K–$181K
Salary Range
10th – 90th percentile
341K
U.S. Employment
+5.7%
10yr Growth
25K
Annual Openings

How Statistical Financial Analyst pay & employment are changing

$77K$74K$72K$69K$66K201920202021202220232024$66K$77K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

No skills data available

O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
13-2051.00

Explore related roles

Roles with similar work and overlapping career paths

directorFinancial Director$162KjuniorJunior Statistical Financial Analyst$101KseniorSenior Statistical Financial Analyst$101KmidRisk Management Consultant$106KmidPortfolio Manager$104KmidMutual Fund Accountant$92K
View all Finance roles β†’

Common questions about what it's like to be a Statistical Financial Analyst

What does a Statistical Financial Analyst do?

Applies statistical methods to financial questions with growing autonomy β€” owning specific modeling projects, validating model work, presenting findings to business stakeholders. Mid-career role inside corporate analytics, financial services analytics, or strategy functions.

How much does a Statistical Financial Analyst make?

Median pay for a Statistical Financial Analyst is about $101K nationally, with the field ranging roughly from $62K to $181K depending on experience, employer, and metro (BLS).

Is a Statistical Financial Analyst in demand?

Employment in this field is projected to grow about 5.7% through 2034, with roughly 340,580 people working in it today (BLS).

What jobs are similar to a Statistical Financial Analyst?

Closely related roles include Financial Director, Junior Statistical Financial Analyst, and Senior Statistical Financial Analyst.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.