ZipRecruiter

Log In

1

Insurance Quant Jobs in Deerfield, IL (NOW HIRING)

IMC

Graduate Quantitative Trader

Chicago, IL

$250K/yr

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 ...

IMC

Quantitative Researcher - Futures

Chicago, IL · On-site

$250K - $300K/yr

... 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 ...

Old Mission

Quantitative Trader (Options)

Chicago, IL · On-site

$150K - $200K/yr

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 ...

Databento

Quantitative Sales Associate

Chicago, IL · Remote

We offer health, dental, disability, and life insurance benefits, as well as 401(k) matching for ... Experience with quant trading and market microstructure. * Extreme attention to detail and record ...

DRW

Quantitative Researcher

Chicago, IL · On-site

$250K - $300K/yr

As a Quantitative Researcher , you will develop mathematical models using advanced statistical ... dental and vision insurance, 401k (with discretionary employer match), short and long-term ...

previous page

Showing results 41-60

All JobsInsurance Quant JobsInsurance Quant Jobs in Deerfield, IL

Insurance Quant information

See Deerfield, IL salary details

$99.7K

$172.6K

$263.9K

How much do insurance quant jobs pay per year?

As of Aug 21, 2026, the average yearly pay for insurance quant in Deerfield, IL is $172,603.00, according to ZipRecruiter salary data. Most workers in this role earn between $136,800.00 and $202,400.00 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 cities near Deerfield, IL are hiring for Insurance Quant jobs?

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

Insurance Quant jobs near you

Graduate Quantitative Researcher (BS/MS)

IMC

Chicago, IL • On-site

$250K/yr

Full-time

PTO

Re-posted 20 days ago

Job description

As a Quantitative Researcher at IMC, your work will directly impact our global trading strategies. You will leverage your superior analytical, mathematical, and computing skills to improve existing models and develop new ones. We will empower you to discover your unique niche and excel, taking on responsibility and ownership from the start. Quantitative Researchers work closely with Traders and Developers in an environment where problem solving, innovation and teamwork are recognized and rewarded.
Your Core Responsibilities:
  • Apply rigorous analytical and quantitative techniques to solve complex problems
  • Build custom tools to explore new research ideas
  • Design mathematical models based upon trading ideas
  • Implement and deploy new models into production
  • Maintain best practices to keep our systems logical and consistent

Your Skills and Experience:
  • Current university student graduating between September 2026 - July 2027 that is pursuing a Bachelor's or Master's degree in Mathematics, Engineering, Statistics, Physics, Computer Science, or another highly quantitative field
  • Has a passion for research and problem solving
  • Approaches data analysis with rigorous thought processes and strong intuition
  • Is a creative thinker who is driven and eager to solve challenging problems collaboratively
  • Proficiency in a programming language (Python, C, C++, etc) is highly desired
  • Must be available for full-time employment starting in February or August 2027

You may submit one application per role each year. We strongly encourage you to focus on applying to a single role that best matches your skills and interests. Though you may apply to multiple roles, please note that each application will be evaluated based on the specific criteria established for that particular role. If you have already applied for this position during the current recruitment season and were not selected, you may reapply when the next recruitment season begins in 2027.
The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.
Base Salary: $250,000
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.

Apply