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Insurance Quant Jobs in Milpitas, CA (NOW HIRING)

Analytical and quantitative aptitude, comfortable navigating spreadsheets and AI tools to analyze Waymo's insurance and risk management programs. We prefer: * Experience working within innovative ...

Analytics Engineer - X

Palo Alto, CA · On-site

$180K - $440K/yr

Develop quantitative models and statistical frameworks to support experimentation, forecasting, and ... insurance, and various other discounts and perks.

Develop quantitative models and statistical frameworks to support experimentation, forecasting, and ... insurance, and various other discounts and perks. SpaceXAI is an equal opportunity employer. For ...

Analytics Engineer - X

Palo Alto, CA · On-site

$180K - $440K/yr

Develop quantitative models and statistical frameworks to support experimentation, forecasting, and ... insurance, and various other discounts and perks. SpaceXAI is an equal opportunity employer. For ...

Develop quantitative models and statistical frameworks to support experimentation, forecasting, and ... insurance, and various other discounts and perks. SpaceXAI is an equal opportunity employer. For ...

Develop quantitative models and statistical frameworks to support experimentation, forecasting, and ... insurance, and various other discounts and perks. SpaceXAI is an equal opportunity employer. For ...

MS or PhD in a quantitative discipline. Industry: Insurance or financial services experience. Annual Salary $115,000.00 - $230,000.00 The above annual salary range is a general guideline. Multiple ...

Scientist

Hayward, CA · On-site

$80K - $110K/yr

This individual will play a pivotal role in quantitative bioanalysis and the characterization and ... insurance, a 401(k) plan, health insurance, short and long-term disability insurance, life ...

Qualifications Minimum Qualifications: - Advanced degree in quantitative discipline (e.g ... Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with ...

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Insurance Quant information

See Milpitas, CA salary details

$114.2K

$197.8K

$302.4K

How much do insurance quant jobs pay per year?

As of Sep 2, 2026, the average yearly pay for insurance quant in Milpitas, CA is $197,797.00, according to ZipRecruiter salary data. Most workers in this role earn between $156,700.00 and $231,900.00 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 Milpitas, CA look for?

The top searched job categories for Insurance Quant jobs in Milpitas, CA are:

What cities near Milpitas, CA are hiring for Insurance Quant jobs?

Cities near Milpitas, CA with the most Insurance Quant job openings:

Infographic showing various Insurance Quant job openings in Milpitas, CA as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 23% Part Time, 2% Temporary, and 4% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $197,797 per year, or $95.1 per hour.

Insurance Risk Management Analyst

Waymo

Mountain View, CA • Hybrid

Full-time

Posted 29 days ago


Job description

As part of Waymo's Legal team, you will work on the exciting legal issues surrounding our transformational autonomous driving technology and help drive our business lines forward from technology ideation through scaled commercial deployment. We partner with our public policy, safety, security and privacy experts to define transportation policy for the autonomous driving world to come, advising on regulatory changes that support and protect our users around the world. We collaborate with our engineering, product, strategy and operations teams to develop and protect our intellectual property portfolio and drive our corporate and commercial transactions. We ensure compliance with an increasingly complex and dynamic range of global regulations. And we anticipate, mitigate, and litigate high-profile and precedent-setting legal matters.

 In this hybrid role, you will report to the Head of Insurance Infrastructure

You will:

  • Lead the collection, compilation, and validation of underwriting data for insurance renewals across all lines of business.        
  • Manage Certificate of Insurance (COI) requests and review incoming vendor/contractor COIs to ensure compliance with Waymo's risk management standards.        
  • Review insurance binders, endorsements, policy documentation, and premium invoicing to verify precision against negotiated program terms and retentions.        
  • Partner cross-functionally with internal teams (Legal, Compliance, Operations) as the point of contact for routine insurance inquiries and requirements.        
  • Coordinate day-to-day processes with external partners, including insurance brokers, insurers, and other parties.               

You have:

  • Exceptional attention to detail, strong organizational skills, and a thorough approach towards operational deliverables.      
  • A proactive, solution-oriented mindset and the ability to independently manage competing priorities with tight deadlines        
  • Strong communication and interpersonal skills, with the ability to articulate insurance requirements and collaborate effectively across diverse internal and external partners.        
  • Commercial insurance operations experience within a corporate risk management department, commercial insurance brokerage, or underwriting organization.        
  • Analytical and quantitative aptitude, comfortable navigating spreadsheets and AI tools to analyze Waymo's insurance and risk management programs.         

We prefer:

  • Experience working within innovative, fast-paced technology, and dynamic environments.        
  • Working knowledge of contractual risk transfer, indemnity clauses, and insurance compliance monitoring.        
  • Professional insurance certifications or progress toward designations (e.g., ARM, CPCU, CRIS, or equivalent).        
  • Bachelor's degree in Risk Management, Finance, Business Administration, Economics, or a related field.              

Travel Required:

  • 5%