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Insurance Quant Jobs in Iowa (NOW HIRING)

Actuary

West Des Moines, IA · Hybrid

$106K - $125K/yr

EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity ... Advanced actuarial and quantitative modeling expertise * Experience with actuarial systems such as ...

Actuary

West Des Moines, IA · On-site

$106K - $125K/yr

EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity ... Advanced actuarial and quantitative modeling expertise * Experience with actuarial systems such as ...

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Insurance Quant information

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 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 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.

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 popular job titles related to Insurance Quant jobs in Iowa? For Insurance Quant jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Insurance Quant jobs in Iowa look for? The top searched job categories for Insurance Quant jobs in Iowa are:
Dir, FP&A Business Partner

Dir, FP&A Business Partner

CNO Financial Group

Des Moines, IA • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.


CNO Financial Group rating

9.9

Company rating: 9.9 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

1st of 260 rated insurance


Job description

Job Details

The stated pay range is based on a national-average location. Actual salary is determined by factors including relevant work experience, skills and location. This position is bonus eligible.

CNO Financial Group's Corporate Accounting and Finance Team is hiring a Director FP&A Business Partner to provide centralized oversight to enterprise budgeting, planning, and analysis.

This is your opportunity to regularly interact with senior and executive leaders across the organization, supporting leaders with insight into budgeting and forecasting through effective and accurate financial reporting and analysis.

As a Director FP&A Business Partner, your responsibilities will include:

  • Leading a team of managers and analysts to support financial planning, analysis, and reporting of expenses and fee income at the functional level.

  • Collaborating with leaders across the entire organization to develop the annual financial plans and quarterly forecasts, as well as prepare appropriate reporting and analysis of performance against budget and forecast.

  • Developing trusting relationships with leaders throughout the organization to advise on optimal expense structure, fee income, as well as support capital initiatives as needed.

  • Professionally work with highly sensitive, confidential information for purposes of analysis and support of senior leaders.

  • Identifying data trends and variances, making recommendations for root cause and corrective actions.

  • Strategically help leaders solve problems and develop reasonable plans that balance functional needs with enterprise financial/profitability goals and expectations.

The Director FP&A Business Partner position is well suited for you if you:

  • Possess outstanding knowledge of financial planning and analysis principles and practices.

  • Work well in a fast-paced environment with exceptional time management skills, including focused strategies for on-time and high-quality delivery.

  • Have an energetic approach to role with a sense of urgency and committed to continuous improvement.

  • Are an effective leader with the ability to organize staff for maximum efficiency, engagement, and development.

  • Possess excellent quantitative, analytical and financial skills, with strong attention to detail.

  • Hold strong verbal and written communication skills, including the ability to draft clear and effective management presentations.

  • Are customer service focused that collaborates effectively across the organization and work well with all levels of the organization.

What you'll need:

  • Bachelor's degree in finance or related field.

  • Five years of experience in people leadership.

  • Ten years of relevant FP&A experience.

What will set you apart:

  • Master's Degree with a concentration in Accounting or Finance.

  • Certified Public Accountant (CPA).

The Company offers the following benefits for this position, subject to applicable eligibility requirements:

  • medical insurance
  • dental insurance
  • vision insurance
  • 401(k) retirement plan with company match
  • short-term & long-term disability insurance
  • Paid time-off and corporate holidays,
  • paid parental leave
  • company paid life insurance

Click on this link for additional information.

CNO embraces flexibility and encourages you to work where you're most productive. Associates who live within a 60-mile radius of a corporate office (Carmel, Chicago, and Orlando) have access to come into that office.

Associates who live outside of a 60-mile radius of a corporate office (Carmel, Chicago, and Orlando) may perform this role full-time work from home (WFH) from any US based location, as long as you are willing to work central or eastern time zone hours.

All associates may be asked to travel to varying corporate offices periodically. Work cannot be performed from outside of the United States.

CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National.Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.3 million policies and more than $38.3 billion in total assets. Our 3,300 associates, 4,900 exclusive agents and more than 6,500 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions.

We are financially strong and well positioned for continued growth, and we are grounded in our core values of People Focused, Integrity, Customer Driven, and Excellence. We have offices in more than 220 communities in the U.S., including our headquarters in Carmel, Indiana, and corporate offices in Chicago and Orlando.

At CNO Financial Group, we're always looking forward-to the security and stability we help create for our insurance brands' customers, and the growth we create within our own company. We're looking for ambitious people who want to do more. We'll provide you with opportunities to grow your skills through challenging professional experiences.

If you're looking for a culture that encourages development, helps you reach your potential, and rewards you for your contribution, then CNO Financial Group is right for you. For more information, visit CNOinc.com.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Compensation

Pay Range: $143,500.00 - $215,300.00 Annual

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


CNO Financial Group logo

About CNO Financial Group

Sourced by ZipRecruiter

CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands and supported by our associates and agents. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and more than $35 billion in total assets. Our 3,400 associates, 8,600 exclusive agents and independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. We are financially strong and well positioned for continued growth, and we are grounded in our core values of Diversity, Equity & Inclusion (DE&I); Integrity, Customer Focus, Excellence, and Teamwork. We have offices in more than 260 communities in the U.S., including our headquarters in Carmel, Indiana, and corporate offices in Birmingham, Chicago, Philadelphia, Orlando and Milwaukee. At CNO Financial Group, we're always looking forward-to the security and stability we help create for our insurance brands' customers, and the growth we create within our own company. We're looking for ambitious people who want to do more. We'll provide you with opportunities to grow your skills through challenging professional experiences. If you're looking for a culture that encourages development, helps you reach your potential, and rewards you for your contribution, then CNO Financial Group is right for you. For more information, visit CNOinc.com.

Industry

Insurance services

Company size

5,001 - 10,000 Employees

Headquarters location

Carmel, IN, US

Year founded

1979

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