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Insurance Quant Jobs in Indiana (NOW HIRING)

CAD Designer (Line 3)

Middlebury, IN · On-site

$24.25 - $33.50/hr

Must have strong verbal and written communication skills, strong analytical and quantitative skills ... Dental Insurance * Vision insurance * Disability and Life Insurance * 401k plan with an annual ...

Health, dental, vision, and life insurance * 401(k)-retirement plan * Night and swing shift ... Bachelor's degree in construction management or a quantitative-related field. * Outstanding ...

Access to Health and Life Insurance, 401(k), Paid Parental Leave, Company Discounts, etc ... Strong computer, quantitative, and analytical skills * Strong working knowledge of Microsoft ...

Access to Health and Life Insurance, 401(k), Paid Parental Leave, Company Discounts, etc ... Strong computer, quantitative, and analytical skills * Strong working knowledge of Microsoft Excel ...

... and quantitative fit tests. for union, part-time or contract roles. WHAT WE OFFER * Competitive ... Medical, Dental, Disability and Life Insurance * Holistic Health & Well-being programs * Health ...

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Insurance Quant information

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.

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 insurance quants?

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.

What is a quant in insurance?

An insurance quant is a professional who applies mathematical, statistical, and financial models to assess risk, price policies, and develop strategies for insurance companies. They often use programming tools like R or Python and require strong analytical skills to interpret large data sets and improve underwriting and risk management processes.

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 cities in Indiana are hiring for Insurance Quant jobs? Cities in Indiana with the most Insurance Quant job openings:
CAD Designer (Line 3)

CAD Designer (Line 3)

Jayco Inc

Middlebury, IN • On-site

$24.25 - $33.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 21 days ago


Jayco rating

8.2

Company rating: 8.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

96th of 415 rated machine equipment manufacturers


Job description

Purpose: At a Mastery level, performs CAD design & development activities in support of the Engineering department’s mission.

Duties & Responsibilities:

  • Works closely with designers, product engineers and team leaders to complete, in a timely manner, necessary working drawings for production units.
  • Receives design information from team leader, creates and maintains prints and charts to develop the complete package of engineering documentation for new products and features.
  • Assumes responsibility for assigned design work, which includes designing of components, developing various support structures and integrating components into a comprehensive design.
  • Regularly performs complex, individual CAD related design activities.
  • Works from Engineering Change Notices (ECN’s), Product Change Requests (PCR’s), line audits and user feedback to continually maintain accuracy of the prints & charts.
  • Visits production line for the purpose of establishing and maintaining a good relationship with production personnel as well as evaluating this Engineering Team's work.
  • Strives continuously for product improvement, cost reductions, and improved quality and manufacturability.
  • Performs other related duties as assigned.

Knowledge, Skills, and Abilities:

  • Requires 2 to 5 years related experience and knowledge equivalent to high school plus additional broad specialized training equal to 2 years of college.
  • Must be well versed in Autodesk Inventor and AutoCAD and a solid understanding and application of design standards.
  • Experience in RV or other manufacturing design preferred, but not required. Must have strong verbal and written communication skills, strong analytical and quantitative skills.
  • Must be able to function effectively in a team oriented, fast paced, positive, stable work environment.

Jayco offers a generous benefits package including:

  • (2) Medical Insurance plan options, HSAs, and FSAs
  • Family Care Clinic for employees and dependents enrolled in a Jayco medical plan (IN only)
  • Dental Insurance
  • Vision insurance
  • Disability and Life Insurance
  • 401k plan with an annual discretionary match
  • Wellness Benefits
  • On-site Fitness Center access (IN only)
  • Health Clinic for employee use (IN only)
  • Employee Assistance Program (EAP) Benefits