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Applied Math Jobs in Chicago, IL (NOW HIRING)

Elevance Health

Principal Applied Scientist

Chicago, IL · On-site

$214K - $350K/yr

Requires an MS or PhD in Computer Science, Machine Learning, Statistics, Applied Mathematics, Operations Research, Engineering, Data Science, Economics, or a related quantitative discipline and a ...

Elevance Health

Principal Applied Scientist

Chicago, IL · On-site

$214K - $350K/yr

Requires an MS or PhD in Computer Science, Machine Learning, Statistics, Applied Mathematics, Operations Research, Engineering, Data Science, Economics, or a related quantitative discipline and a ...

Next Step Systems

Quantitative Analyst

Northbrook, IL · On-site

... applied math, statistics, econometrics, or related field (preferred). Benefits include medical insurance, retirement plan, PTO, etc. Salary: 80K+ DOE. Keywords: Northbrook IL Jobs, Quantitative ...

Next Step Systems

Tactics Associate

Northbrook, IL · On-site

... applied math, statistics, econometrics, or related field (preferred). Benefits include medical insurance, retirement plan, PTO, etc. Salary: 80K+ DOE. Keywords: Northbrook IL Jobs, Tactics Associate ...

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Showing results 41-60

All JobsApplied Math JobsApplied Math Jobs in Chicago, IL

Applied Math information

See Chicago, IL salary details

$23.2K

$60.6K

$97.3K

How much do applied math jobs pay per year?

As of Sep 8, 2026, the average yearly pay for applied math in Chicago, IL is $60,611.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,400.00 and $72,100.00 per year, depending on experience, location, and employer.

What is an applied mathematician?

Applied mathematicians are professionals who use mathematical theories, techniques, and computational methods to solve practical problems in fields such as engineering, science, business, and industry. They often develop models to analyze real-world phenomena, optimize processes, and predict outcomes. Applied mathematicians may work in diverse areas like data analysis, operations research, finance, and computer science, collaborating with experts from other disciplines to address complex challenges.

What are the key skills and qualifications needed to thrive as an applied mathematician, and why are they important?

To thrive as an Applied Mathematician, you need strong mathematical modeling, analytical, and problem-solving skills, usually supported by a degree in mathematics, applied mathematics, or a related field. Familiarity with programming languages (such as Python, MATLAB, or R), statistical software, and computational tools is typically required. Excellent communication, teamwork, and critical thinking abilities help translate complex mathematical concepts for diverse audiences and collaborative projects. These skills are vital for developing solutions to real-world problems across industries, ensuring accuracy, innovation, and practical impact.

What are some typical projects or problems an applied mathematician may work on within a multidisciplinary team?

Applied mathematicians often collaborate with experts from fields such as engineering, computer science, and finance to tackle real-world challenges. For example, they might develop algorithms for optimizing logistics and supply chains, create mathematical models to predict disease spread in healthcare, or analyze large data sets to inform business strategies. This collaboration typically involves regular meetings, data sharing, and iterative problem solving, making strong communication skills and adaptability essential for success in the role.

What is the difference between Applied Math vs Data Analyst?

AspectApplied MathData Analyst
Required CredentialsBachelor's or higher in Mathematics, Applied Math, or related fieldsBachelor's or higher in Statistics, Data Science, or related fields
Work EnvironmentResearch labs, academia, finance, engineeringBusiness, finance, healthcare, marketing
Industry UsageModeling, simulations, algorithm developmentData interpretation, reporting, visualization
Common Search/ComparisonApplied Math vs Data Analyst

Applied Math and Data Analysts often share skills in statistical analysis and problem-solving. However, Applied Math focuses more on developing mathematical models and algorithms, while Data Analysts primarily interpret and visualize data to inform business decisions. Both roles are vital across industries, but their daily tasks and focus areas differ significantly.

Is applied math a useful degree?

Applied math is a useful degree for careers in data analysis, finance, engineering, and research, as it develops skills in problem-solving, modeling, and quantitative analysis. Graduates often find employment in industries that rely on mathematical and computational tools, and the degree can lead to roles requiring programming and statistical knowledge.

Is applied math in demand?

Applied math professionals are in high demand across industries such as finance, data analysis, engineering, and technology due to their skills in modeling, problem-solving, and quantitative analysis. Employers seek candidates with strong analytical abilities and proficiency in tools like MATLAB, Python, or R, making applied math a valuable and often well-compensated field.

What careers use applied math?

Applied math is used in careers such as data analyst, financial analyst, operations researcher, actuary, engineer, and computer scientist. These roles involve using mathematical models, statistical techniques, and computational tools to solve real-world problems across industries like finance, technology, healthcare, and engineering.

What to do with a degree in applied math?

A degree in applied math prepares individuals for roles such as data analyst, operations researcher, financial analyst, or software developer. It involves skills in problem-solving, statistical analysis, and programming, often utilizing tools like MATLAB, Python, or R. Graduates can work in industries including finance, technology, engineering, and consulting.

What are popular job titles related to Applied Math jobs in Chicago, IL?

For Applied Math jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Applied Math jobs in Chicago, IL look for?

The top searched job categories for Applied Math jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Applied Math jobs?

Cities near Chicago, IL with the most Applied Math job openings:

Applied Math jobs near you
Infographic showing various Applied Math job openings in Chicago, IL as of September 2026, with employment types broken down into 79% Full Time, 19% Part Time, 1% Contract, and 1% Nights. Highlights an 96% Physical, and 4% Remote job distribution, with an average salary of $60,611 per year, or $29.1 per hour.

Summer Research Assistant - Energy & Environment Lab (2026)

Chicago, IL • On-site

UChicago Inclusive Economy Lab
10K+ employees
Learn more about UChicago Inclusive Economy Labexternal

$19.75 - $27.25/hr

Full-time

Re-posted 7 days ago

Job description

Job Summary:
The University of Chicago Energy & Environment Lab partners with agencies to evaluate and scale programs that reduce pollution and improve environmental outcomes. They are seeking Summer Research Assistants to support large-scale environmental policy research projects, focusing on data analysis and evaluation of energy and environmental interventions.
Responsibilities:
• Coding, review, and cleaning of data.
• Data analytics, statistical analysis, and building econometric and/or machine learning models.
• Project development and coordination.
• Literature reviews.
• Presentation of results of analysis (e.g., graphs and tables).
• Assisting in writing, formatting, and editing reports and works for publication and for dissemination to partners.
Qualifications:
Required:
• Interest in and aptitude for developing advanced programming and analytic skills.
• Experience with at least one statistical analysis language required; R, or Python strongly preferred.
• Strong verbal and written communication skills, with the ability to synthesize multiple sources.
• Strong initiative and a resourceful approach to problem-solving and learning.
• Ability to work both independently and as part of a team.
• High attention to detail and organizational skills.
• Significant progress towards an undergraduate or graduate degree in economics, computer science or related discipline.
• Coursework in economics, applied math, computer science, statistics.
• Resume
• Cover Letter
• Academic transcript(s)
Preferred:
• Knowledge of environment and/or energy policy issues preferred.
• Research experience in an academic setting preferred.
Company:
Founded in , the company is headquartered in Chicago, Illinois, US, , with a team of 11-50 employees. The company is currently Early Stage.

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