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Insurance Quant Jobs in Boston, MA (NOW HIRING)

AdHarmonics

Quantitative Analyst

Cambridge, MA · On-site

Quantitative Analyst The role, quantitative analyst, is ideal for someone who enjoys finding trends ... Fully paid company health, dental, life and disability insurance * Commute subsidy Background ...

AdHarmonics

Quantitative Analyst

Cambridge, MA

Quantitative Analyst The role, quantitative analyst, is ideal for someone who enjoys finding trends ... insurance Commute subsidy Background | Experience BS/BA in Statistics, Mathematics, Economics ...

Adharmonics

Quantitative Analyst

Cambridge, MA · On-site

Quantitative Analyst The role, quantitative analyst, is ideal for someone who enjoys finding trends ... Fully paid company health, dental, life and disability insurance * Commute subsidy Background ...

Liberty Mutual

Senior Quantitative Analyst

Boston, MA · On-site

DescriptionThe Company Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group ... We are seeking a Senior Quantitative Analyst to join the Investment Innovation, Integration ...

Liberty Mutual

Senior Quantitative Analyst

Boston, MA · On-site

$100K - $185K/yr

The Company Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group's (LMIG) global ... We are seeking a Senior Quantitative Analyst to join the Investment Innovation, Integration ...

Liberty Mutual

Senior Quantitative Analyst

Boston, MA · On-site

$100K - $185K/yr

Description The Company Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group ... We are seeking a Senior Quantitative Analyst to join the Investment Innovation, Integration ...

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Insurance Quant information

See Boston, MA salary details

$106.5K

$184.4K

$281.9K

How much do insurance quant jobs pay per year?

As of May 28, 2026, the average yearly pay for insurance quant in Boston, MA is $184,393.00, according to ZipRecruiter salary data. Most workers in this role earn between $146,100.00 and $216,200.00 per year, depending on experience, location, and employer.

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 are popular job titles related to Insurance Quant jobs in Boston, MA? For Insurance Quant jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Insurance Quant jobs in Boston, MA look for? The top searched job categories for Insurance Quant jobs in Boston, MA are:
What cities near Boston, MA are hiring for Insurance Quant jobs? Cities near Boston, MA with the most Insurance Quant job openings:
Insurance Quant jobs near you
Client Algo Quant, Vice President

Client Algo Quant, Vice President

State Street Corporation

Boston, MA • On-site

$200K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

Job description

Client Algo Quant - VP, Onsite
Who we are looking for
As part of State Street's eFX business expansion plan, this role involves generating and researching ideas to increase the breadth and depth of our client algo execution offering, enhance customer experience, as well as working closely with different trading teams to promote internalization.
Due to the role requirements this job needs to be performed primarily in the office with some flex work opportunities available.
Why this role is important to us
The team you will be joining is a part of State Street Markets (SSM). When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSM business unit. As our investment research and trading arm, SSM's number one goal is to enhance and preserve our clients' portfolio values by applying technology, optimizing trading, and linking asset classes and markets across the world.
Join us if making your mark in the capital markets industry from day one is a challenge you are up for.
What you will be responsible for
As a Client Algo Quant, VP you will
  • Involve in the full life cycle of algo product development. Generating new ideas, identifying performance improvements and control gaps, specifying, developing, back testing and prototyping quant models, performing liquidity analysis and provisioning, working closely with IT development team and trading teams
  • Work with sales, traders and meet with clients to understand algo requirements, be the subject matter expert to address clients' questions and perform bespoke analysis as required
  • Analyze and optimize algo flow and behavior to improve performance and customer experience
  • Display a culture of individual ownership of tasks to embed a clear individual sense of accountability in performing the role
  • Display the highest level of the Code of Conduct and support the 'Risk Excellence' culture within the business

What we value
These skills will help you succeed in this role
  • Experience and solid knowledge in eFX market and developing FX algos
  • Excellent interpersonal skills to communicate clearly with traders, sales, clients and able to go into details when working with IT
  • Object oriented programming skills: Java or C++
  • Proficiency in statistical packages such as Matlab, Python or R
  • Strong statistical foundations and experience in analyzing large data sets and tick data

Education & Preferred Qualifications
  • Postgraduate degree (PhD or Masters) in Mathematics, Data Analytics, Machine Learning, Statistics or related field.
  • 3-5 years + exp with eFX markets and developing FX algos

Additional requirements
  • Pragmatic mindset - research should be targeted at delivering innovative solutions to solve business problems and improve profitability
  • Self-motivated and with ability to work and add value with minimal supervision

Salary Range:
$200,000 - $200,000 Annual
The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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About State Street

Sourced by ZipRecruiter

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

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