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Insurance Quant Jobs in Bolingbrook, IL (NOW HIRING)

Graduate Quantitative Trader

Chicago, IL ยท On-site

$225 - $275/hr

  • PTO

As a Quant Trader, you will be part of a highly motivated team facing the daily challenge of ... insurance. Start dates are available in February and August 2027. #J-18808-Ljbffr

New

Quantitative Researcher (Fixed Income)

Chicago, IL ยท On-site

$175K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This Quantitative Researcher will be familiar with building and improving the firm's risk and ... Fully paid Medical, Dental, Vision, Disability, and LIfe Insurance * Fully stocked kitchen; free ...

Quantitative Researcher

Chicago, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Design, backtest, and iterate on quantitative trading models from ideation through production ... Comprehensive health, dental, and vision insurance with premiums 100% covered by the firm * 401(k) ...

Quantitative Developer - Python

Chicago, IL ยท On-site

$200 - $225/hr

  • PTO

IMC is looking for a Quantitative Developer to own the full path from research to production. This ... paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive ...

Quantitative Trader (Options)

Chicago, IL ยท On-site

$150K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Develop pricing models in collaboration with our quantitative research team. * Build desk tooling ... Fully paid Medical, Dental, Vision, Disability, and Life Insurance * Fully stocked kitchen; free ...

Quantitative Researcher

Chicago, IL ยท On-site

$150K - $300K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Quantitative Researchers within Aquatic work on a variety of trading strategies and research ... insurance * Perks: Wellness programs, casual dress, snacks, lunch, game room, team and company ...

Quantitative Researcher - Data Curation

Chicago, IL ยท On-site

$250K - $300K/yr

  • PTO

... paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive ... Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers ...

... paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive ... Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers ...

Quantitative Trader (Options)

Chicago, IL ยท On-site

$150 - $200/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Fully paid Medical, Dental, Vision, Disability, and Life Insurance * Fully stocked kitchen; free ... Old Mission Capital is a quantitative market-making firm founded in 2008. It prices "thousands of ...

New

Graduate Quantitative Trader

Chicago, IL ยท On-site

$120 - $180/hr

  • PTO

As a Quant Trader, you will be part of highly motivated team facing the daily challenge of managing ... paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive ...

New

... paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive ... Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers ...

Quantitative Trader (Multi-Asset - Chicago)

Chicago, IL ยท On-site

$100K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are seeking a Quantitative Trader with 1-3 years of experience to help build and scale a ... Medical, dental, and vision insurance * HSA, FSA, and Dependent Care Options * Employer Paid Group ...

Showing results 21-40

Insurance Quant information

See Bolingbrook, IL salary details

$96.9K

$167.8K

$256.6K

How much do insurance quant jobs pay per year?

As of Aug 19, 2026, the average yearly pay for insurance quant in Bolingbrook, IL is $167,836.00, according to ZipRecruiter salary data. Most workers in this role earn between $133,000.00 and $196,800.00 per year, depending on experience, location, and employer.

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 job categories do people searching Insurance Quant jobs in Bolingbrook, IL look for?

The top searched job categories for Insurance Quant jobs in Bolingbrook, IL are:

What cities near Bolingbrook, IL are hiring for Insurance Quant jobs?

Cities near Bolingbrook, IL with the most Insurance Quant job openings:

Infographic showing various Insurance Quant job openings in Bolingbrook, IL as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 20% Part Time, 5% Contract, and 1% Nights. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $167,836 per year, or $80.7 per hour.

Graduate Quantitative Trader

IMC B.V.

Chicago, IL โ€ข On-site

$225 - $275/hr

Other

PTO

Posted yesterday

New


Job description

IMC is looking for talented and passionate Quant Traders to play a critical role in trading a wide range of financial instruments in a fastโ€‘paced, dynamic environment. As a Quant Trader, you will be part of a highly motivated team facing the daily challenge of managing the execution and risk of complex trading portfolios. You will work closely with IMCโ€™s researchers, developers and engineers in an environment that values problem solving, innovation, and teamwork.

Core Responsibilities
  • Engage in immersive, practical training to quickly acquire the skills needed to be successful on a trading desk
  • Develop, maintain, and improve trading strategies and algorithms
  • Solve complex problems to make a positive impact on the business
  • Find a competitive edge to drive results in the market while collaborating effectively with fellow IMC Traders
Skills and Experience
  • Current university student graduating between September 2026 and July 2027 pursuing a degree in a quantitative field (Mathematics, Physics, Computer Science or Economics)
  • Strong analytical thinking skills
  • A desire to learn and solve complex problems
  • Thrives and is able to make decisions in a fastโ€‘paced environment
  • A team player with a proactive, selfโ€‘driven attitude
  • Experience in a programming language (Python, Matlab or R) is a plus
  • Interest in Financial Markets; previous knowledge is not required
  • Must be available for fullโ€‘time employment starting in February or August 2027
Compensation

Base Salary: $250,000. All fullโ€‘time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance.

Start dates are available in February and August 2027.

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