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Insurance Quant Jobs in Iowa (NOW HIRING)

Manager, Modeling (Hybrid)

Cedar Rapids, IA ยท Hybrid

$136K - $165K/yr

Our insurance, retirement, and investment solutions help people make the most of what's important ... Bachelor's degree in a technical/quantitative discipline such as statistics, math, actuarial ...

... quantitative fit tests. WHAT WE OFFER * Comptetive Wage: $19/hr * Medical, dental, and vision insurance * Employee Stock Purchase Plan * Prescription drug program * Flexible Spending Accounts and ...

.Net Developer

Clive, IA ยท On-site

$47.25 - $62.50/hr

... hcare , insurance and Mortgage field. The Engineer will report to the Director of Software ... Outstanding analytical and quantitative skills Job Type: Full-time Additional Info about ACT ...

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 Iowa?

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

What cities in Iowa are hiring for Insurance Quant jobs?

Cities in Iowa with the most Insurance Quant job openings:

Medical Lab Technician/Medical Lab Scientist

Boone County Hospital - Lab

Boone, IA โ€ข On-site

$28.95 - $39.30/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 8 days ago


Job description

Join our Laboratory Services team providing excellent patient care with a skilled team of providers! We offer a team approach to healthcare and a competitive benefits package.
Status: Full-time, 40 hours per week
Shift: Nights
Shift Time Schedule: 8 p.m. - 6:30 a.m.
Days: Monday-Friday, 4-day work week.
Salary Range Depending on Experience: MLT - $25.87 - $35.62; MLS - $28.95 - $39.30, Shift differential premiums paid.
We offer competitive pay and a great benefits package that includes:
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Flexible Spending Accounts (FSA)
  • Health Savings Accounts (HSA)
  • Life insurance
  • Aflac
  • Short-term and long-term disability coverage
  • Wellness program and reimbursement
  • Free access to Boone County Hospital's onsite fitness room
  • Generous PTO Accrual Plan
  • Iowa Public Employees Retirement System (IPERS)
  • Employee Assistance Program (EAP)
  • Onsite Cafeteria

POSITION SUMMARY
Performs tests and procedures in assigned section(s) of the laboratory, including those which require exercise of independent and professional judgment and responsibility with minimum supervision. Independently performs qualitative and quantitative tests, following established guidelines and predetermined criteria to provide information used in the diagnosis, prevention, and treatment of disease. Identifies problems that may adversely affect test performance and/or results and uses knowledge, critical thinking skills and judgment to troubleshoot and resolve them. Consults with medical technologists and laboratory director when appropriate. May be assigned to assume the duties of a lead technician.
REQUIRED QUALIFICATIONS
  • Associate degree in a science-related field with completion of a six-month clinical internship from a National Accrediting Agency for Clinical Laboratory Science (NAACLS) accredited Clinical Laboratory Science program approved alternate career path as designated in the Clinical Laboratory Improvement Amendments of 1988 (CLIA '88)
  • Registration by the American Society of Clinical Pathologists (ASCP) as a Medical Laboratory Technician as a Clinical Laboratory Technician or by the American Medical Technologists (AMT) as a Medical Laboratory Technician is required
  • A person may be hired into this position if he/she has completed the requirements for registration but has not successfully completed the exam. However, the exam must be successfully completed within 6 months subsequent to hiring

ESSENTIAL FUNCTIONS
  • Understand and abide by the Boone County Hospital Standards of Behavior, confidentiality statement, EMTALA guidelines and general hospital policies, procedures, and related practices
  • Performs qualitative and quantitative analysis for waived, moderately, and highly complex testing on biological laboratory specimens utilized for the diagnosis and treatment of disease as appropriate for patient age to include neonate, infant, child, adolescent, adult, and geriatric adult
  • Follows established departmental policies, procedures, and standard work
  • Follows safe work practices
  • Complies with the requirements of laboratory regulatory and accrediting agencies
  • Recognizes deviation from expected results while analyzing and correcting problems using scientific principles
  • Provides information to health care providers regarding test methodology and interpretation
  • Analyzes quality control data/material, makes judgment concerning the results and takes appropriate action to maintain test accuracy and precision
  • Performs calibration, preventive maintenance and basic troubleshooting of instrumentation and equipment
  • Works independently while organizing work to meet established deadlines. Will seek technical direction from medical technologist, department director and/or medical director with specific procedural or instrumentation problems
  • Assists with new instrument or procedure implementation and training
  • Maintains inventory and orders supplies as needed
  • Assists in training new employees at the direction of the clinical laboratory director
  • Complies with applicable regulatory and accreditation requirements of the laboratory
  • Documents and reports variances to department director
  • Participates in the Quality Assurance program within the department. Identifies opportunities for improvement and makes recommendations for resolution of identified problems/errors
  • Assists with writing and revising laboratory procedures according to NCCLS guidelines
  • Operates laboratory information system, personal computers, and instrument-related computer software

PHYSICAL ACTIVITY REQUIREMENTS (Constant = 67-100% of workday, Frequent= 34-66% of workday, Occasional = 33% or less of workday)
Frequent
Reaching: While performing test analysis.
Fingering: While entering data into the computer.
Grasping: While handling equipment and specimens.
Talking: While communicating with co-workers, patients and/or staff to instruct or relay information.
Hearing: To receive information.
Lifting: Up to 10 pounds (trays).
Standing: While performing test analysis.
Occasional
Pushing and Pulling: While stocking supplies, opening drawers, closing drawers and delivering specimens.
Lifting: Up to 50 pounds while handling supplies.
Climbing: While storing and retrieving supplies and ascending/descending stairs.
Feeling: Perceiving the nature of the veins by touching the skin with the fingertips.
VISUAL ACUITY REQUIREMENTS
  • Works with computer terminals, instrumentation with small moving parts, reads labels and work lists, aliquots specimens, reads instructions, records data
  • Needs to be able to distinguish between colors

WORKING CONDITIONS
  • The employee is subject to chemical hazards
  • Employees in this job classification have been identified as having the likelihood of occupational exposure to blood or other potentially infectious materials, therefore, are included in the OSHA Exposure Control Plan with its specification for preventing contact with the above materials
  • The employee is exposed to sharps
  • The employee is subject to indoor environmental conditions