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Insurance Quant Jobs in Provo, UT (NOW HIRING)

Bachelor's degree in a quantitative or business field (e.g., Mathematics, Finance, Engineering, Statistics, Data Science, or similar). * 8+ years in property & casualty insurance, with significant ...

Bachelor's degree in mathematics, actuarial science, statistics, or related quantitative field. * A minimum of four years of experience in property and casualty insurance, with a focus on personal ...

Commissions & Payroll Manager

Lehi, UT · On-site

$70K - $96K/yr

Excellent communication skills and an ability to translate quantitative insights to non-quantitative audiences. Benefits: * Open and transparent culture * Life insurance, long and short-term ...

Commissions & Payroll Manager

Lehi, UT · On-site

$70K - $96K/yr

Excellent communication skills and an ability to translate quantitative insights to non-quantitative audiences. Benefits: * Open and transparent culture * Life insurance, long and short-term ...

Software Engineer, Data

Lehi, UT · On-site

$140 - $180/hr

Bachelor's degree in quantitative and/or technical fields (Math, Physics, Statistics, Economics ... Medical, dental, and vision insurance * Generous PTO * 11 paid company holidays * 401(k) plan

Software Engineer, Data

Lehi, UT · On-site

$107K - $129K/yr

Bachelor's degree in quantitative and/or technical fields (Math, Physics, Statistics, Economics ... Medical, dental, and vision insurance * Generous PTO * 11 paid company holidays * 401(k) plan

Software Engineer, Data

Lehi, UT · On-site

$107K - $129K/yr

Bachelor's degree in quantitative and/or technical fields (Math, Physics, Statistics, Economics ... Medical, dental, and vision insurance * Generous PTO * 11 paid company holidays * 401(k) plan

Software Engineer, Data

Lehi, UT · On-site

$107K - $129K/yr

Bachelor's degree in quantitative and/or technical fields (Math, Physics, Statistics, Economics ... Medical, dental, and vision insurance * Generous PTO * 11 paid company holidays * 401(k) plan

Excellent analytical and quantitative skills, including Google Sheets/Excel * Strong understanding ... Life insurance, long and short-term disability coverage * Paid maternity and paternity leave

Strong analytical and quantitative skills, with the ability to interpret data and identify patterns ... Health insurance 100% paid by employer (for both employee and family) * Additional voluntary ...

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Insurance Quant information

See Provo, UT salary details

$92.7K

$160.6K

$245.5K

How much do insurance quant jobs pay per year?

As of Sep 3, 2026, the average yearly pay for insurance quant in Provo, UT is $160,557.00, according to ZipRecruiter salary data. Most workers in this role earn between $127,200.00 and $188,200.00 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 are popular job titles related to Insurance Quant jobs in Provo, UT?

For Insurance Quant jobs in Provo, UT, the most frequently searched job titles are:

What job categories do people searching Insurance Quant jobs in Provo, UT look for?

The top searched job categories for Insurance Quant jobs in Provo, UT are:

What cities near Provo, UT are hiring for Insurance Quant jobs?

Cities near Provo, UT with the most Insurance Quant job openings:

Infographic showing various Insurance Quant job openings in Provo, UT as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 23% Part Time, and 4% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $160,557 per year, or $77.2 per hour.

$160K/yr

Full-time

Re-posted 4 days ago


Job description

Job Summary:

Bamboo Insurance is seeking a Senior State Manager to own the performance and profitable growth of Homeowners programs in Colorado and other expansion states. This role carries state-level P&L accountability and works across distribution, analytics, pricing, underwriting, product, regulatory, operations, technology, carrier partners, and reinsurance to build and scale profitable state books.

The ideal candidate is a highly analytical, entrepreneurial property insurance leader with deep Homeowners expertise, strong catastrophe and portfolio management judgment, and a track record of launching or materially improving state programs. They move fast, use data to make decisions, execute through ambiguity, and bring creative ideas to difficult markets.

Duties/Responsibilities:

  • Own the P&L and state plan for assigned expansion states, including profitable premium growth, rate adequacy, loss ratio, mix, retention, conversion, and corrective actions.
  • Build state programs from the ground up: assess markets and competitors, influence distribution and agency strategy, and define launch/ramp plans.
  • Manage catastrophe and portfolio risk across wildfire, hurricane, and convective-storm perils, using PML, AAL, aggregation, PML-to-premium, and peril mix to guide appetite and growth.
  • Partner with actuarial, underwriting, product, claims, operations, technology, compliance, and carrier/reinsurance partners to translate insights into rates, rules, forms, endorsements, eligibility, and underwriting actions.
  • Lead regulatory execution for rate, rule, and form filings, including DOI responses and filing support
  • Monitor performance against plan, diagnose emerging trends quickly, and drive practical actions to improve profitability, growth, and operational execution.
  • Serve as the internal state owner, communicating results, risks, recommendations, and tradeoffs clearly to leadership and cross-functional stakeholders.

Required Skills/Abilities:

  • Deep analytical horsepower and P&L judgment, with command of rate adequacy, attritional loss ratio, frequency/severity, retention/conversion, PML, AAL, aggregation, and reinsurance constraints.
  • Proven ability to manage catastrophe-exposed Homeowners books, especially wildfire, hurricane and convective-storm.
  • Strong fluency in Homeowners forms, coverage provisions, endorsements, underwriting guidelines, rating mechanics, and how they affect profitability and customer/agent outcomes.
  • Fast, detail-oriented executor with grit, high ownership, and the ability to move multiple workstreams without waiting for perfect information.
  • Innovative and resourceful. Brings fresh ideas and is willing to get hands dirty to make a state successful.
  • Strong regulatory judgment and comfort supporting DOI engagement, SERFF filings, and objections.
  • Clear communicator who can align product, actuarial, underwriting, sales, compliance, operations, technology, carrier partners, and leadership around a state plan.

Required Education and Experience:

  • Bachelor's degree in a quantitative or business field (e.g., Mathematics, Finance, Engineering, Statistics, Data Science, or similar).
  • 8+ years in property & casualty insurance, with significant Homeowners/residential property experience and direct state, portfolio, or P&L management responsibility.
  • Colorado and/or other hurricane & SCS-exposed Homeowners market experience.
  • Track record launching, growing, or materially improving a state or property program and managing it to a profitable result.
  • Ability to independently analyze book performance SQL, Python, and/or BI tools.
  • Strong strategic judgment paired with a hands-on, startup-style operating approach.

Preferred Requirements:

  • Experience with E&S programs and MGA/carrier partner models
  • MBA or quantitative graduate degree

Physical Requirements:

  • Prolonged periods of sitting at a desk and working on a computer.

Salary: 

  • Starting at $160,000 annually. Candidate's skills, experience and abilities will be taken into consideration for final offer.