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Insurance Quant Jobs in Boston, MA (NOW HIRING)

Position Summary We are seeking a Quantitative Analyst with three or more years of experience to ... life insurance, and 401(k). Please note that the job title is subject to change based on the ...

... quantitative research tasks. This role requires collaboration with multiple cross-functional ... This role is eligible for health insurance, equity awards, life insurance, disability benefits ...

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Showing results 1-20

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 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:
Quantitative Researcher, Private Equity Co-Investments (Boston, London or Dublin)

Quantitative Researcher, Private Equity Co-Investments (Boston, London or Dublin)

HarbourVest Partners, LLC

Boston, MA • On-site

$180K - $210K/yr

Full-time

Medical, Retirement, PTO

Posted 26 days ago


Job description

Job Description Summary
For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.
In our collegial environment that's marked by low turnover and high energy, you'll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.
We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.
HarbourVest is an equal opportunity employer.
This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.
As a member of the Quantitative Investment Sciences (QIS) team, this quantitative researcher will work with a team of experienced researchers to develop and conduct quantitative modeling and analysis of private equity co-investment opportunities. This motivated individual will be dedicated to supporting HarbourVest's Global Direct Co-Investment strategy team on active investment diligence, pipeline monitoring, portfolio construction, and generating quantitative insights for client engagements and fundraising. Our projects harness large proprietary private market datasets and statistical models to produce insights that enhance a historically fundamental research-based investment process.
This is an opportunity to join a highly diverse and growing team passionate about pioneering the application of quantitative research, ML/AI and data science to private markets investing and risk management.
The ideal candidate is someone with:
  • Passion for financial markets and investing, quantitative research with complex datasets, and demonstrated intellectual curiosity.
  • Innovative and entrepreneurial attitude. Comfortable taking initiative.
  • Excels at clearly and effectively communicating quantitative insights.
  • Strives in a collegial and collaborative team-oriented environment.
  • Results and detail oriented.
  • Willing to work in a position with uneven and high priority project work.

What you will do:
Conducting quantitative/statistical analysis of private markets and investment opportunities (80%)
  • You will play a lead role in analyzing proprietary private markets datasets and models to characterize market risk/return relationships, evaluate investment opportunities in the private equity co-investment market to inform investment selection and due diligence.
  • Diligently perform data exploration and visualization to test investment team hypotheses.
  • Accountable for communicating analysis results and actionable insights to the investment team.
  • Support and drive adoption and integration of QIS models with fundamental analysis conducted by deal teams.
  • Seek to apply new models and techniques (AI/ML) to advance the use of quantitative methods in the investment process.

Responding to ad-hoc quantitative analysis requests (20%)
  • Supporting client facing teams in conducting ad-hoc analysis and responding to client requests.

What you bring:
  • Experience in quantitative equity is required; prior experience with bottoms-up financial modeling is preferred.
  • Prior private markets experience is not required.
  • Demonstrate rigorous statistical analysis and experience analyzing large datasets.
  • Strong programming skills, preferably in Python (including numerical, statistical modeling and visualization libraries) and SQL.
  • Prefer prior independent research experience (academic thesis or industry research)

Education:
  • Bachelor of Arts (B.A) or Bachelor of Science (B.S.) required
  • Prefer master's degree or Ph.D. in a technical field

Experience:
  • 3+ years of experience in a quantitative finance role

#LI-Hybrid
Base Salary Range
$180,000.00 - $210,000.00
This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Our total rewards offerings are influenced by several business factors, and eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.