1

Quant Engineer Salary Jobs in Minnesota (NOW HIRING)

Perform quantitative and qualitative system safety analyses across facility development, and ... The salary range provided is a general guideline. Actual pay will depend on several factors ...

... programming skills in SAS, Python, SQL, or similar Understanding of AML regulations Ability to ... Paid vacation (from two to five weeks depending on salary grade and tenure) * Up to 11 paid holiday ...

AI/ML Engineer

Minnetonka, MN ยท Remote

$98K - $176K/yr

Strong analytical, quantitative, problem-solving, and critical thinking skills * Strong written and ... In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive ...

Be Seen First

Quality Engineer

Minneapolis, MN ยท On-site

$80K - $100K/yr

Eden Prairie, MN in Office Starting Salary Information: $80,000-$100,000 Key Responsibilities ... Intermediate knowledge of quantitative methods and tools, including SPC, process capabilities, and ...

next page

Showing results 1-20

Quant Engineer Salary information

What is a quant engineer salary?

A Quant Engineer, also known as a quantitative engineer, typically earns a salary ranging from $100,000 to $200,000 per year in the United States, depending on experience, education, and location. In major financial hubs like New York or London, total compensation, including bonuses, can exceed $250,000 annually. Factors such as the employer's size, industry (hedge funds, investment banks, tech firms), and individual performance also play significant roles in determining pay. Entry-level Quant Engineers may start on the lower end of the scale, while those with advanced degrees and several years of experience can command much higher salaries. Compensation packages often include bonuses, stock options, and other incentives.

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

To thrive as a Quantitative Engineer, you need strong mathematical modeling, statistical analysis, and programming skills, typically supported by a degree in quantitative fields such as mathematics, physics, computer science, or engineering. Proficiency with programming languages like Python, C++, and statistical tools such as MATLAB or R is commonly required, along with familiarity with financial databases and trading platforms. Outstanding problem-solving abilities, attention to detail, and effective teamwork are key soft skills for excelling in complex and dynamic environments. These skills are crucial for developing and implementing data-driven trading strategies that drive financial performance and manage risk.

What factors can influence the salary range for a quantitative engineer, and how do they typically progress with experience?

The salary for Quantitative Engineers can vary widely depending on factors such as level of education, years of experience, location, and the specific industry sector (e.g., finance, technology, hedge funds). Entry-level quant engineers may start with competitive base salaries, but total compensation can quickly rise with advanced degrees or specialized skills in machine learning, programming, or financial modeling. Additionally, bonuses and profit-sharing are common in finance, significantly enhancing overall pay. As quant engineers gain expertise, take on more project leadership, or move into senior or management roles, salary and benefits often increase accordingly.

What is the difference between Quant Engineer Salary vs Quant Analyst Salary?

AspectQuant EngineerQuant Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires programming skillsDegree in Finance, Economics, or Math; may also require programming knowledge
Work EnvironmentDevelops models, algorithms, and software for trading and risk managementAnalyzes data, develops trading strategies, and supports investment decisions
Employer & Industry UsageUsed in hedge funds, investment banks, and proprietary trading firmsCommon in asset management firms, hedge funds, and financial institutions

Quant Engineers typically have a stronger focus on software development and algorithm implementation, often earning higher salaries due to their technical expertise. Quant Analysts focus more on data analysis and strategy development. Both roles are vital in finance but differ in responsibilities and compensation levels.

What cities in Minnesota are hiring for Quant Engineer Salary jobs?

Cities in Minnesota with the most Quant Engineer Salary job openings:

Infographic showing various Quant Engineer Salary job openings in Minnesota as of August 2026, with employment types broken down into 90% Full Time, 8% Part Time, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution.

Quantitative Investment Analyst (Hybrid)

Intact Services USA LLC

Plymouth, MN โ€ข Hybrid

$86K - $100K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Job description

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you. 

Who we are

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.

The opportunity

We currently have an opportunity for a Quantitative Investment Analyst to join our Intact Investment Management team based in our Plymouth, MN office on a hybrid schedule. The Quantitative Investment Analyst will support the investment team at IIM-US. This position combines investment expertise, data science, and modern AI techniques to manage the IIM-US data warehouse and support the investment team in achieving investment excellence. Some of the Quantitative Investment Analyst responsibilities include but are not limited to:

  • Source, clean and validate large datasets including market data, fundamental security level data, macroeconomic data, and alternative data sources. Work to identify biases in the data and build robust research datasets and automated pipelines.
  • Quantitative Research & Modeling: research, develop and test quantitative investment signals across rates, credit, sector allocation using statistical and machine learning techniques. Conduct rigorous back tests evaluating risk-adjusted returns, draw-down analysis, correlations and total returns.
  • Portfolio and Risk Support: Development of data sets, models and tools to support portfolio construction by analyzing downside risks, scenario testing, stress testing, time-series and tracking error.
  • Implementation and Production: Development of production-ready tools and workflows. Monitor performance, making changes/updates and evaluating performance versus expectations. Improve automation, reliability, scalability of quantitative analytics and reporting. Deploy models into scalable production environments leveraging automated workflows.
  • Collaboration and Communication: Communicate quantitative insights clearly to portfolio managers, investment leadership and Intact investment leadership.
  • Establish best practices for data infrastructure, quantitative tools and process and machine learning.
  • Model Governance: Establish and maintain best practices for model validation, documentation, and reproducibility.

The expertise you bring

  • Bachelors degree in Finance, Mathematics, Statistics, Computer Science, Engineering, or related field. 
  • 1-3 years of experience in a quantitative investing, research, or financial data science role.
  • Experience in writing code, including, Python (required), C# and SQL (preferred); experience with time-series analysis, statistics and fixed income mathematical concepts.  

Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires; however, your recruiter will provide more specific compensation details during the hiring process. The typical base salary range for this position is: $86,000 - $100,000 based on the factors aforementioned. addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:

  • Comprehensive medical, dental and vision insurance with no waiting period
  • Competitive paid time off programs
  • 401(k) savings and annual contributions of up to 12% of annual salary
  • Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

This position will remain posted until a final candidate is selected. Once the role is filled, this job posting will be removed.    

Why choose Intact

We live our Values:  We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.

Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.

Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance. 

Check out our Glassdoor reviews to see why people love working for Intact!

Our promise to you

Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.

In return, we promise you support, opportunities and performance-led financial rewards in a flexible work environment where you can:

  • Shape the future: Help us lead an insurance transformation to better protect people, businesses and society.
  • Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
  • Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.

About Intact 

At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.

#LI-US

#LI-DA1

#LI-HYBRID