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Quant Engineer Jobs in Indiana (NOW HIRING)

Quality Engineer

La Porte, IN

$66K - $86K/yr

... highly developed quantitative, as well as qualitative skills required. Problem Solving and ... engineering and customer interaction. Ability to directly link, monitor and improve quality ...

Data Engineer

Carmel, IN · On-site

$113K - $136K/yr

Experience in quantitative and qualitative analysis of data. * Experienced level skills in Systems Analysis. * Experienced level skills in Systems Engineering. * Ability to function as a self-starter.

Industrial Engineer

Greenfield, IN · On-site

$90K - $100K/yr

Apply highly quantitative methods to warehouse operations with the intent of optimizing total ... Engineering degree from a 4 year college or university (Industrial Engineering degree strongly ...

Industrial Engineer

Greenfield, IN · On-site

$90K - $100K/yr

Apply highly quantitative methods to warehouse operations with the intent of optimizing total ... Engineering degree from a 4 year college or university (Industrial Engineering degree strongly ...

Quality Engineer

La Porte, IN

$66K - $86K/yr

... quantitative, as well as qualitative skills required. • Problem Solving and Corrective ... engineering and customer interaction. • Ability to directly link, monitor and improve quality ...

Data Engineer

Carmel, IN · On-site

$110K - $120K/yr

Experience in quantitative and qualitative analysis of data. * Experienced level skills in Systems Analysis. * Experienced level skills in Systems Engineering. * Ability to function as a self-starter.

... engineering principles * Analyze data and interpret results to inform AI training datasets with precision * Apply sophisticated calculus and quantitative methodologies to problem-solving tasks

BI Engineer

Carmel, IN

$51 - $66.25/hr

Bachelor's degree in a quantitative field (Data Science, Statistics, Computer Science, Economics, Finance, or a related field) * 3-5+ years of experience in BI, data engineering, or related Analytics ...

Apply engineering expertise to design, analyze, and release packaging systems that improve product ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

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Quant Engineer information

What engineer makes $500,000 a year?

Quantitative engineers, or quants, working in finance or hedge funds with extensive experience, advanced degrees, and strong programming skills can earn $500,000 or more annually through base salary, bonuses, and profit sharing. Such compensation typically requires expertise in mathematics, programming languages like Python or C++, and a deep understanding of financial markets. These roles are often located in major financial hubs and demand high levels of performance and specialization.

How much do quants get paid?

Quantitative analysts, or quants, typically earn between $100,000 and $200,000 annually at entry to mid-level positions, with senior roles often exceeding $300,000 including bonuses. Compensation varies based on experience, location, firm size, and performance, with many quants also receiving performance-based bonuses and benefits. Strong skills in mathematics, programming, and finance are essential for higher salaries in this field.

What engineers make $300,000 a year?

Senior quantitative engineers, often called quant researchers or quant developers, can earn $300,000 or more annually, especially with experience, advanced degrees, and expertise in programming languages like Python or C++, as well as knowledge of financial markets and risk management. Compensation typically includes base salary, bonuses, and profit sharing, particularly in hedge funds, investment banks, and proprietary trading firms.

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

To thrive as a Quant Engineer, you need strong quantitative and programming skills, typically supported by a degree in mathematics, physics, computer science, or a related field. Proficiency in programming languages such as Python, C++, or Java, as well as familiarity with statistical analysis tools and financial modeling systems, is essential. Analytical thinking, problem-solving abilities, and effective communication distinguish top performers in this role. These skills enable Quant Engineers to develop robust models and algorithms that drive accurate trading strategies and risk management in fast-paced financial environments.

What are Quant Engineers?

Quant Engineers, or quantitative engineers, are professionals who apply mathematical models, statistical techniques, and computer programming to solve complex problems in finance and related industries. They often work on designing trading algorithms, risk management tools, and pricing models for financial instruments. Quant Engineers typically have strong backgrounds in mathematics, computer science, and finance, and are skilled in programming languages such as Python, C++, or R. Their work helps financial firms make data-driven decisions and optimize strategies in highly competitive markets.

Do I need a PhD to be a quant?

A PhD is not strictly required to become a quantitative engineer, but many roles prefer candidates with advanced degrees in fields like mathematics, physics, or engineering. Strong programming skills, proficiency in tools like Python or C++, and solid quantitative knowledge are essential for success in the field.

What is the difference between Quant Engineer vs Quant Analyst?

AspectQuant EngineerQuant Analyst
Required CredentialsDegree in Math, Finance, or Computer Science; often requires programming skillsDegree in Finance, Economics, or Math; less emphasis on programming
Work EnvironmentDevelops models, algorithms, and software tools for trading and risk managementAnalyzes data, interprets models, and provides insights for trading strategies
Employer & Industry UsageFinancial firms, hedge funds, investment banksFinancial firms, asset management, hedge funds

While both roles involve quantitative analysis, Quant Engineers focus on building and implementing models and software, whereas Quant Analysts primarily analyze data and interpret models to inform trading decisions. The roles often overlap but differ in technical depth and responsibilities.

How do Quant Engineers typically collaborate with traders and other team members to develop and implement trading strategies?

Quant Engineers work closely with traders, researchers, and software developers to design, test, and refine quantitative trading models. They often translate mathematical models into efficient code, analyze large datasets, and ensure strategies are both robust and scalable for real-time trading environments. Frequent communication is key, as Quant Engineers must gather requirements from traders, iteratively backtest ideas, and adapt models based on feedback and market changes. This collaborative process helps ensure strategies are both scientifically sound and practically viable for deployment.
What are popular job titles related to Quant Engineer jobs in Indiana? For Quant Engineer jobs in Indiana, the most frequently searched job titles are:
What cities in Indiana are hiring for Quant Engineer jobs? Cities in Indiana with the most Quant Engineer job openings:
Principal Engineer (AI Engineer Lead)

Principal Engineer (AI Engineer Lead)

Elevance Health

Indianapolis, IN • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Elevance Health rating

7.7

Company rating: 7.7 out of 10

Based on 346 frontline employees who took The Breakroom Quiz

180th of 277 rated insurance


Job description

Anticipated End Date:

2026-07-10

Position Title:

Principal Engineer (AI Engineer Lead)

Job Description:

Principal Engineer (AI Engineer Lead)

Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace.Ideal candidates will be able to report to one of our Pulse Point locations in Indianapolis, IN or Atlanta, GA. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Principal Engineer (AI Engineer Lead) is responsible for applying and integrating advanced statistical, mathematical, predictive modeling and business analysis for the Artificial Intelligence (AI) function.

How you will make an impact:

  • Assists with strategic initiatives of data analysis, systems data sets, and advanced data sources.

  • Develops leading edge theories, techniques, and/or technologies within the AI function.

  • Collaborates and publishes research in high impact peer-reviewed scientific journals or external conferences to make significant contributions to the AI community.

Minimum Requirements:

Requires a Bachelor's degree in a highly quantitative field (Computer Science, Machine Learning, Operational Research, Statistics, Mathematics, etc.) or equivalent degree and 10 or more years of experience; or any combination of education and experience in configuration management, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:

  • Hands-on experience with Agentic AI and MCP highly preferred.

  • Experience creating Agents, Multi-Agent reasoning and Multi-Agent architecture highly preferred.

Job Level:

Non-Management Exempt

Workshift:

1st Shift (United States of America)

Job Family:

IFT > Artificial Intelligence

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.


Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.


How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.


We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.


Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.


The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.


Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the following form: Accessibility Accommodation Request Form and a member of the team will be in contact. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.


Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.


NOTE: Workday keeps job postings active through 11:59:59 PM on the day before the listed end date. Example: If the end date is 3/13, the posting will automatically come down on 3/12 at 11:59:59 PM. In other words - the job is posted until 3/13, not through 3/13.


What Elevance Health employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


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About Elevance Health

Sourced by ZipRecruiter

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?

Industry

Health care and social assistance

Company size

10,000+ Employees

Headquarters location

Indianapolis, IN, US

Year founded

2004

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