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Insurance Quant Jobs in New Jersey (NOW HIRING)

Collaborate with team members in the Product Safety department, PL Insurance Carrier, outside law ... complex quantitative analysis (Advanced Excel skills) to flag risk and report in timely manner ...

Reserving Actuary

Princeton, NJ · On-site

$122K - $143K/yr

Excellent quantitative and analytical skills with emphasis on practical application * Experience with insurance-related databases and data warehouses preferred * Strong verbal and written ...

Senior Actuarial Analyst

Warren, NJ · On-site

$100K - $150K/yr

... quantitative field. * Minimum of 5 years of actuarial experience, with a dedicated focus on P&C ... All offers include access to a variety of benefits to employees, including health insurance ...

Reserving Actuary

Princeton, NJ · On-site

$122K - $143K/yr

Excellent quantitative and analytical skills with emphasis on practical application * Experience with insurance-related databases and data warehouses preferred * Strong verbal and written ...

Reserving Actuary

Princeton, NJ · On-site

$122K - $143K/yr

Excellent quantitative and analytical skills with emphasis on practical application * Experience with insurance-related databases and data warehouses preferred * Strong verbal and written ...

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 New Jersey?

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

What cities in New Jersey are hiring for Insurance Quant jobs?

Cities in New Jersey with the most Insurance Quant job openings:

Infographic showing various Insurance Quant job openings in New Jersey as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 21% Part Time, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution.

Executive Director, Fixed Income Quantitative Research

Prudential Financial, Inc.

Newark, NJ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 14 days ago


Prudential rating

8.7

Company rating: 8.7 out of 10

Based on 49 frontline employees who took The Breakroom Quiz

72nd of 315 rated insurance


Job description

Job Classification:
Investment Management - Investments
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers!
If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.
At PGIM, You Can!
What you will do
The Quantitative Modeling and Strategies (QMS) Group in PGIM Fixed Income is looking to add an Executive Director to oversee the research and development of portfolio construction and risk management models and tools. The group is an integral part of the investment organization, contributing to areas such as: portfolio construction, systematic strategies, fixed income relative value and stochastic modeling. We work closely with portfolio managers and traders as well as with colleagues in risk management, structured finance research, and application development.
What you can expect
  • Engage with desk heads and portfolio/risk managers to understand business requirements.
  • Provide thought leadership in portfolio construction and risk management.
  • Create analytical solutions to meet business needs in a fixed income asset management environment.
  • Develop a deep understanding of fixed income pricing models, curve fitting models, and structured solutions models.

What you will bring
  • 10+ years of experience in fixed income quantitative research (buy-side preferred).
  • An advanced degree (PhD preferred) in a quantitative field (e.g., science, mathematics, finance, or engineering).
  • Ability to think both strategically and tactically while proactively managing a diverse team.
  • An entrepreneurial spirit with a hands-on management style, capable of building upon existing quantitative research capabilities and infrastructure.
  • Ability to work closely with desk heads and portfolio managers, building strong relationships while maintaining intellectual independence.
  • Proven experience leading the design of analytical solutions in a fixed income asset management environment.
  • Ability to communicate complex concepts clearly, concisely, and logically.
  • Familiarity with technology, data, and programming, and their impact on modelling approaches.
  • Significant experience in portfolio construction models and/or systematic strategies, as well as risk management modelling in a fixed income context.
  • Experience with at least three relevant asset classes, including but not limited to: interest rate products, futures, FX derivatives, investment grade (IG) and high yield (HY) corporates, CDX, TRS, MBS, CLOs, CMBS, ABS, and private credit.
  • Experience in at least three relevant business areas, including but not limited to: stochastic modelling, statistical and data analysis, investment risk management, return and attribution modelling, asset allocation, portfolio construction, systematic strategies research, and investment/risk technology.
  • Comfortable engaging with clients as a thought leader in global public and private fixed income investing.

What we offer you:
  • Market competitive base salaries, with a yearly bonus potential at every level.
  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
  • 401(k) plan with company match (up to 4%).
  • Company-funded pension plan.
  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

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