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Quant Analyst Salary Jobs in Indiana (NOW HIRING)

Citizens Energy Group

Laboratory Analyst

Indianapolis, IN · On-site

$68K/yr

Minimum Salary: $68,300 (Grade 8) Responsibilities * Performs contaminant analysis using laboratory ... Assists with or performs complex quantitative and qualitative analyses to determine chemical and ...

Citizens Energy Group

Laboratory Analyst

Indianapolis, IN · On-site

$68K/yr

Minimum Salary: $68,300 (Grade 8) Responsibilities * Performs contaminant analysis using laboratory ... Assists with or performs complex quantitative and qualitative analyses to determine chemical and ...

OPENLANE

Revenue Management Analyst

Carmel, IN · On-site +1

$75K - $85K/yr

... Quantitative Degree (Finance, etc.) required * 2-5 years of experience as a data analyst ... Compensation Range of Annual Salary: $75,000.00 - $85,000.00 (Depending on experience, skill set ...

OPENLANE

Revenue Management Analyst

Carmel, IN

$75K - $85K/yr

... Quantitative Degree (Finance, etc.) required * 2-5 years of experience as a data analyst ... Compensation Range of Annual Salary: $75,000.00 - $85,000.00 (Depending on experience, skill set ...

State of Indiana

Procurement Analyst

Indianapolis, IN · On-site

$53K/yr

The salary for this position traditionally starts at $53,222.00 but may be commensurate with ... Create and interpret complex quantitative and qualitative analyses, forming hypotheses ...

Parts Town

Business Analyst

Fort Wayne, IN

$87K - $117K/yr

You demonstrate proven analytic and quantitative decision-making skills * You are passionate for ... The salary range for this role is $87,137.34 - $117,595.06 annually which is based on including but ...

Parts Town

Business Analyst

Fort Wayne, IN

You demonstrate proven analytic and quantitative decision-making skills * You are passionate for ... The salary range for this role is $87,137.34 - $117,595.06 annually which is based on including but ...

BLC BACKLOTCARS Inc

Revenue Management Analyst

Carmel, IN · On-site

$75 - $85/hr

... other Quantitative Degree (Finance, etc.) required 2-5 years of experience as a data analyst ... Salary: $75,000.00 - $85,000.00 (Depending on experience, skill set, qualifications, and other ...

Alcoa

Total Rewards Consultant, U.S.

Newburgh, IN · Hybrid

... salary administration, and broad-based reward programs. * Strong analytical, quantitative, and problem-solving skills, with the ability to translate complex data into actionable business insights and ...

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Quant Analyst Salary information

What is the typical salary for a quant analyst?

The typical salary for a Quantitative Analyst, also known as a Quant Analyst, varies depending on factors such as location, experience, and the financial institution. In the United States, entry-level quant analysts can expect to earn between $80,000 and $120,000 per year, while those with several years of experience or advanced degrees may earn upwards of $150,000 to $250,000 or more. Additionally, bonuses and other incentives can significantly increase total compensation, especially at investment banks and hedge funds.

What are some common challenges faced by quant analysts when collaborating with cross-functional teams?

Quant Analysts often work alongside traders, software developers, and risk managers, which can present challenges in communication due to differing technical backgrounds and priorities. Translating complex quantitative models into actionable insights for non-technical stakeholders requires strong interpersonal skills and the ability to simplify technical concepts. Additionally, aligning project goals and timelines across departments may require adaptability and proactive communication to ensure successful outcomes. Overcoming these challenges not only improves teamwork but also enhances the overall impact of the analyst’s work within the organization.

What are the key skills and qualifications needed to thrive as a quantitative analyst, and why are they important?

To thrive as a Quantitative Analyst, you need strong quantitative skills in mathematics, statistics, and programming, usually supported by a degree in a quantitative field like mathematics, finance, or computer science. Proficiency with technical tools such as Python, R, MATLAB, and financial modeling software is typically required, along with familiarity with data analysis platforms and sometimes certifications like CFA or FRM. Exceptional analytical thinking, problem-solving abilities, and effective communication are key soft skills that help you interpret complex data and present findings clearly. These skills are essential for developing accurate models, supporting data-driven decision-making, and delivering actionable insights in fast-paced financial environments.

What is the difference between Quant Analyst Salary vs Data Scientist Salary?

AspectQuant Analyst SalaryData Scientist Salary
Required CredentialsDegree in finance, mathematics, or related field; often CFA or FRM certificationsDegree in computer science, statistics, or related field; often certifications like CAP, or specific data science credentials
Work EnvironmentFinancial firms, hedge funds, investment banksTech companies, finance, healthcare, and retail sectors
Employer & Industry UsagePrimarily in finance and trading industriesAcross various industries including tech, finance, and consulting

While both roles require strong analytical skills and quantitative expertise, Quant Analysts focus more on financial modeling and risk assessment within finance firms, whereas Data Scientists work across diverse industries analyzing large datasets to inform business decisions.

What does a quant analyst do?

A quant analyst develops and implements mathematical models to analyze financial data and inform investment decisions. They use programming languages like Python or R, and tools such as Excel and statistical software, to identify trading opportunities and manage risk in financial markets.

What are popular job titles related to Quant Analyst Salary jobs in Indiana?

For Quant Analyst Salary jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Quant Analyst Salary jobs in Indiana look for?

The top searched job categories for Quant Analyst Salary jobs in Indiana are:

What cities in Indiana are hiring for Quant Analyst Salary jobs?

Cities in Indiana with the most Quant Analyst Salary job openings:

Quant Analyst Salary jobs near you
Infographic showing various Quant Analyst Salary job openings in Indiana as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution.

Quantitative Modeling and Research Analyst (II or Senior)

Federal Home Loan Bank of Indianapolis

Indianapolis, IN • On-site

$93 - $110/hr

Other

Medical, Dental, Vision, Retirement

This job post has expired today. Applications are no longer accepted.

Job description

FHLBank Indianapolis is a financial institution that provides liquidity and support to banks, credit unions, community development financial institutions and insurers in Indiana and Michigan, with a focus on affordable housing and community development.

About the Role

The Senior Quantitative Modeling/Research Analyst is responsible for developing, maintaining, and operating financial models across the organization within the Modeling & Analytics Group of the Enterprise Risk Management department.

Responsibilities
  • Implement, test, and operate a diverse range of models for loan valuation, pledged collateral hair‑cut, probability of default, and loss estimation.
  • Utilize statistical and computational techniques to evaluate, calibrate, and tune credit and market risk models.
  • Establish and maintain model documentation covering theory, settings, assumptions, change control, performance monitoring, and user guides in coordination with Model Risk Management and regulatory advisory bulletins.
  • Explain model details, theory, assumptions, and settings to model users and other stakeholders across the organization.
  • Support model validation requests and address findings or recommendations.
  • Interact directly with model validators and regulators regarding model settings, assumptions, and implementation.
  • Lead the process to develop required model enhancements.
  • Stay current on methodologies, mathematical, analytical, and computational techniques related to model management and development.
Competencies
  • Business Analytics Knowledge
  • Research Knowledge
  • Quantitative Implementation Knowledge
  • General Maintaining Institutional Knowledge
  • Results‑driven
  • Time Management
  • People Communication
  • Interpersonal Skills
Position Requirements
  • Graduate degree in Mathematics, Quantitative Analysis, Statistics, Operations Research, Financial Engineering, or a related quantitative field (Master or PhD preferred).
  • CFA or/and FRM certifications are a plus.
  • Preferred 3+ years of experience in quantitative research, risk management, or related work.
  • Model development experience strongly preferred.
  • Experience in commonly used programming languages such as Python or C/C++.
  • Experience with Asset/Liability and valuation software models (e.g., Polypaths, QRM) is a plus.
  • Experience with database management concepts and tools such as SQL is a plus.
  • Attention to detail, ability to multi‑task, and a high degree of initiative and independence.
  • Verbal, written, and interpersonal skills to communicate effectively with all levels of bank personnel.
  • Must not have been convicted of any civil or criminal charge that would suggest a risk to bank security.
  • Ability to work full‑time and uphold the bank’s Guiding Principles.
Hiring Range

$93,000 - $110,000 (base salary; not inclusive of incentive awards, retirement benefits, or ancillary benefits).

Benefits
  • Hybrid workforce model: onsite three days a week, two days remote, with remote flex days available.
  • Competitive pay and total rewards.
  • Industry‑high 401(k) match: up to 6% plus an additional 4% contribution.
  • Tuition reimbursement assistance.
  • Student loan repayment assistance.
  • Medical, dental, vision, and pet insurance.
  • Generous time off: vacation, paid federal holidays, birthday month floating holiday, volunteer day, and summer hour program.
  • “Dress for your day” dress code: choose the appropriate work attire based on your schedule.
Equal Opportunity Employment

FHLBank Indianapolis is an Equal Opportunity Employer. The bank is committed to recruiting, hiring, developing, and retaining a diverse workforce by providing an environment that enables success for all employees.

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