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Internship Quantitative Developer Jobs in Iowa (NOW HIRING)

Internship Quantitative Developer information

What is the difference between Internship Quantitative Developer vs Quantitative Analyst?

AspectInternship Quantitative DeveloperQuantitative Analyst
Required CredentialsUndergraduate or graduate degree in finance, math, or computer science; programming skillsDegree in finance, economics, or related field; strong analytical skills
Work EnvironmentInternship setting within financial firms, focusing on coding and model developmentFull-time role analyzing data, developing models, and providing trading insights
Employer & Industry UsageUsed by hedge funds, investment banks, and asset managers during internship programsCommon in investment firms, banks, and hedge funds for ongoing analysis

Internship Quantitative Developers typically focus on coding and developing trading algorithms during their internship, while Quantitative Analysts analyze data and develop models in a full-time capacity. Both roles require strong quantitative skills, but the internship is a temporary entry point, whereas the analyst role is a permanent position.

What does an internship quantitative developer do?

An Internship Quantitative Developer assists in designing and implementing quantitative models and tools used in financial analysis, trading, or risk management. They work closely with quantitative analysts and software engineers to develop algorithms, analyze data, and optimize trading strategies. The role typically involves programming, data analysis, and collaborating on research projects, providing valuable hands-on experience in quantitative finance.

What are the key skills and qualifications needed to thrive as an internship quantitative developer, and why are they important?

To thrive as an Internship Quantitative Developer, you need a solid background in mathematics, statistics, and programming—typically supported by progress toward a degree in quantitative fields like computer science, engineering, or finance. Familiarity with technical tools such as Python, C++, MATLAB, and version control systems, as well as experience with financial data platforms, is highly valued. Strong analytical thinking, problem-solving abilities, and effective communication skills help you collaborate with teams and interpret complex data. These competencies are crucial for developing robust quantitative models and contributing meaningfully to financial technology projects in a fast-paced environment.

What kinds of projects and tasks can an internship quantitative developer expect to work on during their internship?

As an Internship Quantitative Developer, you can expect to work on a variety of projects such as developing and optimizing trading algorithms, analyzing large financial data sets, and creating back-testing frameworks to evaluate model performance. You may also assist in implementing code for pricing, risk management, or automated trading strategies under the guidance of senior quants and developers. Collaboration is common, as you’ll often work closely with quantitative analysts, traders, and software engineers to understand requirements, troubleshoot issues, and refine solutions. This hands-on exposure provides valuable learning opportunities and can be a stepping stone toward a full-time quantitative or developer role.

What are popular job titles related to Internship Quantitative Developer jobs in Iowa?

For Internship Quantitative Developer jobs in Iowa, the most frequently searched job titles are:

Infographic showing various Internship Quantitative Developer job openings in Iowa as of August 2026, with employment types broken down into 10% Internship, 64% Full Time, 23% Part Time, 1% Temporary, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution.

Summer 2027 P&C Actuarial Internship

Nationwide Insurance and Financial Services

Des Moines, IA • On-site

$23 - $50/hr

Other

Posted 4 days ago


Job description

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Job Description Summary

Job Description

PROPERTY & CASUALTY ACTUARIAL PROGRAMS

At Nationwide®, we don’t just fill positions. We embrace personalities - people with a passion for action and a unique perspective. We value different viewpoints, experiences and cultural backgrounds because we believe that diverse ideas inspire people to connect. And what’s the result? A more well-rounded Fortune 100 company with associates who reflect the members and markets we serve.

We offer a wide range of actuarial opportunities in pricing, research and reserving, supporting personal, commercial and agribusiness lines of insurance. Actuaries interact with business units such as underwriting, claims and sales to make fully- informed business decisions in the interest of our members. Programs for your success.

Actuarial Summer Internship Program

For 12 weeks, our Actuarial Summer Internship program gives interns the opportunity to enhance their classroom knowledge with real-world applications in one of Nationwide’s actuarial departments.

This program helps interns discover their own desire to pursue an actuarial career - all while earning competitive compensation. After successfully completing the program, interns are strongly considered for future full-time positions.

Actuarial Program Nationwide offers a full-time, competitive Actuarial Program that supports professional development through the Casualty Actuarial Society exam process.

This program reimburses participants for exam fees, study materials and professional designations, and provides generous study hour benefits and time off so you can sit for exams. You’ll also have the opportunity to receive raises for passing those exams.

We’re looking for our future leaders

And we mean it. If you’re passionate about becoming an actuary and believe you have the potential to be something great, let’s talk.

Qualifications:

  • Participants should have advanced skills in mathematics and statistics or have a background in modeling, programming or quantitative analysis
  • Knowledge of current insurance trends preferred
  • Experiences that demonstrate leadership qualities
  • Communication and analytical skills
  • The ability to think strategically and critically

Nationwide does not participate in the Stem OPT Extension program. At its sole discretion, Nationwide determines whether to offer sponsorship for qualifying positions based on business need and budget. However, it is not usually available for entry level roles.

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Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment.

The national hourly pay range for Nationwide Internships is: $23 - $50