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As of Aug 18, 2026, the average hourly pay for quant intern in Indiana is $46.18, according to ZipRecruiter salary data. Most workers in this role earn between $14.20 and $72.11 per hour, depending on experience, location, and employer.

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A Quant Intern supports quantitative researchers and traders by analyzing financial data, developing mathematical models, and coding algorithms to improve trading strategies. Interns typically use programming languages like Python and C++ and work with large data sets to identify patterns and optimize risk management. The role requires strong analytical skills, proficiency in statistics, and a solid understanding of financial markets.

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To thrive as a Quant Intern, you need a solid background in mathematics, statistics, computer science, or a related field, often supported by coursework in probability, calculus, and linear algebra. Proficiency with programming languages such as Python, R, or MATLAB, and familiarity with data analysis tools and version control systems, are commonly required. Exceptional problem-solving skills, attention to detail, and the ability to communicate complex concepts clearly are vital soft skills for this role. These skills enable interns to analyze large datasets, develop quantitative models, and contribute effectively to fast-paced, collaborative finance or technology teams.

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As a Quant Intern, you will typically work on projects involving data analysis, building and testing quantitative models, and assisting in the implementation of trading algorithms or risk management tools. You may be expected to clean and analyze large datasets, backtest strategies, and prepare summaries or visualizations of your findings for your team. Interns often collaborate closely with experienced quantitative analysts and traders, receiving mentorship and guidance throughout the process. This hands-on work provides valuable exposure to the workflow and challenges of quantitative finance, allowing you to build practical skills and a strong foundation for a future career in the field.

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Infographic showing various Quant Intern job openings in Indiana as of August 2026, with employment types broken down into 18% Internship, 1% As Needed, 52% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $96,053 per year, or $46.2 per hour.

Actuarial Intern, Summer 2018

CNO Financial Group, Inc.

Carmel, IN

Part-time

Re-posted 11 days ago

CNO Financial Group rating

8.7

Company rating: 8.7 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

71st of 309 rated insurance

Job description

Job Title

Actuarial Intern, Summer 2018

Location

Carmel, IN

Job Details

CNO Financial Group is hiring actuarial interns for the Summer of 2018.  Summer interns will gain valuable experience with the company's products in life insurance, annuities, and/or supplemental health insurance in both the product management and valuation areas. They will have the opportunity to interact with actuaries and each other over the course of the internship, get a behind the scenes look at the quantitative tools actuaries use, and see the inner workings of an Insurance company.

Job Responsibilities may include but not limited to:

  • Simplify and standardize valuation calculations
  • Convert models to new software
  • Provide clear documentation and communication of technical work
  • Improve projection tools with input and guidance from assigned actuarial group
  • Perform all other duties as assigned


Qualifications:

  • A serious interest in the actuarial profession
  • Working towards a Bachelors degree in Actuarial Science, Math, or related field
  • Successful completion of at least one actuarial exam
  • Strong analytic skills with the ability to communicate/explain work
  • Experience using Microsoft Excel and Access
  • Understanding of programming languages preferred
  • Availability for a 12-week internship over the summer starting in May 2018

What CNO Financial Group employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

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About CNO Financial Group

Sourced by ZipRecruiter

CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands and supported by our associates and agents. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and more than $35 billion in total assets. Our 3,400 associates, 8,600 exclusive agents and independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. We are financially strong and well positioned for continued growth, and we are grounded in our core values of Diversity, Equity & Inclusion (DE&I); Integrity, Customer Focus, Excellence, and Teamwork. We have offices in more than 260 communities in the U.S., including our headquarters in Carmel, Indiana, and corporate offices in Birmingham, Chicago, Philadelphia, Orlando and Milwaukee. At CNO Financial Group, we're always looking forward-to the security and stability we help create for our insurance brands' customers, and the growth we create within our own company. We're looking for ambitious people who want to do more. We'll provide you with opportunities to grow your skills through challenging professional experiences. If you're looking for a culture that encourages development, helps you reach your potential, and rewards you for your contribution, then CNO Financial Group is right for you. For more information, visit CNOinc.com.

Industry

Insurance services

Company size

5,001 - 10,000 Employees

Headquarters location

Carmel, IN, US

Year founded

1979

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