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Insurance Quant Jobs in Delaware (NOW HIRING)

Patient Access Specialist I

Dover, DE · On-site

$17.25 - $23/hr

Disability and Life Insurance options * On Site Child Care * Educational Reimbursement * Health ... and quantitative individual and team performance targets. 11. Responds to disaster and mass ...

Patient Access Specialist I

Dover, DE · On-site

$13.75 - $18.25/hr

Disability and Life Insurance options * On Site Child Care * Educational Reimbursement * Health ... and quantitative individual and team performance targets. 11. Responds to disaster and mass ...

Patient Access Specialist I

Dover, DE · On-site

$17.25 - $23/hr

Disability and Life Insurance options * On Site Child Care * Educational Reimbursement * Health ... and quantitative individual and team performance targets. 11. Responds to disaster and mass ...

Process Safety Engineer

New Castle, DE · On-site

$75K - $150K/yr

Familiarity with quantitative risk assessments, consequence modeling, reaction kinetics, and ... Company funded life and long-term disability insurances. Short Term Disability, FSA, HSA, EAP, and ...

Process Safety Engineer

New Castle, DE · On-site

$75K - $150K/yr

Familiarity with quantitative risk assessments, consequence modeling, reaction kinetics, and ... Company funded life and long-term disability insurances. Short Term Disability, FSA, HSA, EAP, and ...

Bachelor's degree in quantitative field or equivalent experience * 6-10 years in credit risk, loss ... insurance, wellness platforms, employee assistance programs, and Health Advocate programs Other ...

Credit Forecasting Manager I

Wilmington, DE · On-site +1

$160K - $175K/yr

Bachelor's degree in quantitative field or equivalent experience * 6-10 years in credit risk, loss ... such as life insurance, wellness platforms, employee assistance programs, and Health Advocate ...

Showing results 21-40

Insurance Quant information

What is an insurance quant?

Insurance quants, or quantitative analysts in the insurance industry, use mathematical, statistical, and computational methods to analyze risk, price insurance products, and optimize investment strategies for insurance companies. They develop models to assess the likelihood of claims, determine appropriate premiums, and ensure the company's financial stability. Insurance quants often work closely with actuaries, but focus more on advanced quantitative techniques and financial modeling. Their work helps insurance firms make data-driven decisions and maintain competitiveness in the marketplace.

How does an insurance quant typically collaborate with underwriters and actuaries in their daily work?

An Insurance Quant frequently works alongside underwriters and actuaries to analyze risks, develop pricing models, and evaluate policy portfolios. Collaboration often involves sharing statistical insights, validating risk assumptions, and refining predictive models to ensure accurate and competitive insurance products. Regular meetings and data-sharing sessions help align quantitative findings with business objectives, enabling the team to make informed decisions on product design, pricing, and risk management. This close teamwork is crucial for integrating advanced analytics into traditional insurance processes and driving innovation within the organization.

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

To thrive as an Insurance Quant, you need strong quantitative skills, a background in mathematics, statistics, or actuarial science, and often an advanced degree such as a master's or PhD. Proficiency with programming languages (like Python or R), statistical modeling tools, and actuarial software is typically required, along with relevant certifications such as actuarial credentials (e.g., SOA, CAS). Excellent problem-solving abilities, attention to detail, and the capacity to communicate complex analyses to non-technical stakeholders are standout soft skills. These competencies are critical for accurately assessing risk, pricing insurance products, and supporting data-driven decision-making in the insurance industry.

What is the difference between Insurance Quant vs Actuary?

AspectInsurance QuantActuary
Required CredentialsAdvanced degrees in mathematics, statistics, or finance; often CFA or FRM certificationsProfessional actuarial certifications (SOA, CAS), exams required
Work EnvironmentQuantitative teams within insurance companies, hedge funds, or consulting firmsInsurance companies, consulting firms, government agencies
Job FocusDeveloping models for risk assessment, pricing, and financial strategiesCalculating insurance premiums, reserving, and risk management
Common Search/ComparisonInsurance Quant vs Actuary

Insurance Quants and Actuaries both work in the insurance industry with a focus on risk and financial modeling. Quants typically use advanced mathematics and programming to develop models, while actuaries focus on pricing and reserving using actuarial exams and certifications. Both roles require strong quantitative skills, but their daily tasks and certifications differ.

What are popular job titles related to Insurance Quant jobs in Delaware?

For Insurance Quant jobs in Delaware, the most frequently searched job titles are:

What job categories do people searching Insurance Quant jobs in Delaware look for?

The top searched job categories for Insurance Quant jobs in Delaware are:

What cities in Delaware are hiring for Insurance Quant jobs?

Cities in Delaware with the most Insurance Quant job openings:

$49K/yr

Part-time

Re-posted 20 days ago


Job description

The purpose of this position is to perform developmental assignments which are designed to provide the employee the application of common contracting methods and contract types, and to assist in the procurement of standard or specialized service; supply; and/or construction items, services, and/or materials primarily through formal advertising, or through limited use of negotiation techniques. The position is centrally managed and funded by the Headquarters Air Force Personnel Center.Qualifications:BASIC REQUIREMENT OR INDIVIDUAL OCCUPATIONAL REQUIREMENT:
Basic: A bachelor's degree from an accredited educational institution authorized to grant baccalaureate degrees.
OR
A current member of the Armed Forces (not retired or separated) OR a current DOD employee that meets the following requirements: 1) served as a contracting officer with authority to award or administer in excess of the simplified acquisition threshold on or before 30 September 2000; 2) served, on or before 30 September 2000, in a position as either an employee in the GS-1102 series or as a member of the Armed Forces in a similar occupation specialty; OR, (3) is in the contingency contracting force.
In addition to meeting the basic requirements, applicants must have specialized experience:
Specialized Experience: One year of specialized experience at the next lower grade level (GS-05) in one or more of the following: (1) soliciting, evaluating, negotiating, and awarding contracts; (2) administering contracts by assuring compliance with the terms and conditions; (3) terminating contracts by analyzing, negotiating, and settling claims and proposals; (4) analyzing and evaluating cost/price proposals and accounting systems; (5) planning, establishing, or reviewing contracts, programs, policies, or procedures; (6) formulating and administering policies and procedures to insure achievement of socioeconomic goals; (7) developing acquisition strategies and directing or managing procurements; and/or (8) providing functional staff advisory services within the contracting occupation. Duties performed are elementary assignments with strict adherence to clearly detailed and specific instructions or guidelines provided by a higher graded employee. Knowledge required may have been acquired through a pertinent bachelorette educational program or equivalent experience.
OR
Education: A bachelor's degree with SAA, or equivalent, of study from an accredited institution of higher education in any of the following disciplines: accounting, business finance, law, contracts, purchasing, economics, industrial management, marketing, quantitative methods, and organization and management. Note: Superior Academic Achievement (SAA) based on class standing; grade-point average; or honor society membership. Detailed SAA qualifications are described in OPM Qualification Standard located at this URL: http://www.opm.gov/qualifications/policy/ApplicationOfStds-04.asp. Or I have successfully completed one full year of graduate level education from an accredited university or college or law school. My graduate education includes one or a combination of the following fields: accounting, business, finance, law, contracts, purchasing, economics, industrial management, marketing, quantitative methods, or organization and management.
OR
Combination
of Education & Experience: Combinations of successfully completed education and experience may be used to meet total qualification requirements.
THIS IS AN INDIVDUAL, SINGLE AGENCY QUALIFICATION STANDARD FOR DEPARTMENT OF DEFENSE POSITIONS: This standard implements requirements contained in Title 10, United States Code, Sections 1723 through 1733, as amended by Section 861(b) of the National Defense Authorization Act for Fiscal Year 2020 (Public Law 116-92) and implemented on a policy exception basis by Under Secretary of Defense for Acquisition and Sustainment memorandum, Exception to 24 Semester Hours Requirement for Contracting Positions, effective and dated August 2, 2020.
PART-TIME OR UNPAID EXPERIENCE: Credit will be given for appropriate unpaid and or part-time work. You must clearly identify the duties and responsibilities in each position held and the total number of hours per week.
VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.Education:IF USING EDUCATION TO QUALIFY: If position has a positive degree requirement or education forms the basis for qualifications, you MUST submit transcriptswith the application. Official transcripts are not required at the time of application; however, if position has a positive degree requirement, qualifying based on education alone or in combination with experience, transcripts must be verified prior to appointment. An accrediting institution recognized by the U.S. Department of Education must accredit education. Click here to check accreditation.
FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying.Employment Type: OTHER