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Quantitative Analyst Jobs in Springfield, MA (NOW HIRING)

MassMutual

Quantitative Consultant

Springfield, MA · Hybrid

$102K - $134K/yr

As a Quantitative Consultant, you'll work in a fast-paced, collaborative environment, partnering ... This is an exciting opportunity to apply your analytical expertise, influence business decisions ...

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Quantitative Analyst information

See Springfield, MA salary details

$56.3K

$133.4K

$239.2K

How much do quantitative analyst jobs pay per year?

As of Aug 28, 2026, the average yearly pay for quantitative analyst in Springfield, MA is $133,409.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,100.00 and $145,000.00 per year, depending on experience, location, and employer.

What is a quantitative analyst?

Quantitative Analysts, often called 'quants,' are professionals who use mathematical models, statistics, and computer programming to analyze financial data and support decision-making in finance. They develop and implement complex models to assess risk, value financial securities, and identify profitable investment opportunities. Quants are commonly employed by investment banks, hedge funds, asset management companies, and other financial institutions. Their work helps optimize trading strategies, manage risk, and improve financial performance.

What does a quantitative analyst do?

The responsibilities of quantitative analysts, or quants, include using mathematical models and statistics to analyze data to assess risks and develop solutions for business issues. In this role, you can work in a variety of industries, from production to finance to insurance. You typically gather and interpret data to help an organization implement a solution for maintaining its fiscal health. Duties vary with the industry. Some positions focus on collecting information from the general public or consumers of particular products through the use of polls and surveys to improve their design and marketing. Other quants work alongside researchers in the health care field to test treatments and medical equipment design.

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 a strong background in mathematics, statistics, computer science, and finance, often supported by an advanced degree such as a master's or PhD. Expertise in programming languages like Python, R, or MATLAB, as well as familiarity with financial modeling tools and statistical software, is typically required. Analytical thinking, problem-solving abilities, and clear communication skills help you interpret complex data and convey insights to stakeholders. These competencies are crucial for developing accurate financial models, managing risk, and enabling data-driven decision-making in competitive financial environments.

How does a quantitative analyst typically collaborate with other departments within a financial organization?

Quantitative Analysts frequently work closely with traders, portfolio managers, risk managers, and IT professionals to develop, test, and implement financial models. Effective communication is essential, as they must translate complex quantitative findings into actionable insights for decision-makers. It's common to participate in cross-functional meetings, provide model validation support, and help interpret results for non-technical stakeholders. This collaborative environment fosters both technical skill development and a deeper understanding of the business, which can open doors to broader career opportunities.

What is the difference between Quantitative Analyst vs Data Scientist?

AspectQuantitative AnalystData Scientist
Required CredentialsDegree in finance, mathematics, or statistics; often certifications like CFADegree in computer science, statistics, or related fields; certifications like CAP or data science certifications
Work EnvironmentFinancial firms, investment banks, hedge fundsTech companies, finance, healthcare, and various industries
Employer & Industry UsagePrimarily in finance and investment sectorsAcross multiple industries including tech, healthcare, and retail
Common Search & Comparison IntentUnderstanding roles in finance and investment analysisExploring data analysis and machine learning roles

While both roles involve data analysis and statistical skills, Quantitative Analysts focus on financial modeling and investment strategies within finance firms. Data Scientists have a broader scope, applying data analysis across various industries, often with programming and machine learning expertise.

What is the starting salary of a quantitative analyst?

The starting salary for a quantitative analyst typically ranges from $60,000 to $90,000 annually, depending on factors such as location, education, and industry. Entry-level roles often require strong skills in mathematics, programming, and data analysis tools like Python or R.
More about Quantitative Analyst jobs

What are the most commonly searched types of Quantitative Analyst jobs in Springfield, MA?

The most popular types of Quantitative Analyst jobs in Springfield, MA are:

What job categories do people searching Quantitative Analyst jobs in Springfield, MA look for?

The top searched job categories for Quantitative Analyst jobs in Springfield, MA are:

What cities near Springfield, MA are hiring for Quantitative Analyst jobs?

Cities near Springfield, MA with the most Quantitative Analyst job openings:

Quantitative Analyst jobs near you
Infographic showing various Quantitative Analyst job openings in Springfield, MA as of August 2026, with employment types broken down into 88% Full Time, and 12% Part Time. Highlights an 82% In-person, 6% Hybrid, and 12% Remote job distribution, with an average salary of $133,409 per year, or $64.1 per hour.

Quantitative Consultant

MassMutual Ascend

Springfield, MA • On-site

Full-time

Posted 7 days ago

Job description

Description

The Opportunity

MassMutual's Institutional business is a key driver of growth-and Stable Value sits at the center of that momentum. As a Quantitative Consultant, you'll build a strong foundation in the Stable Value business while contributing to high-impact reporting, data analysis, and process execution.

This is an excellent opportunity for a recent graduate to apply analytical skills in a real-world business setting-gaining exposure to financial products, risk analysis, and data-driven decision making while working closely with experienced team members.

The Team

You'll join the Stable Value Product team, which plays a critical role in evaluating new opportunities and assessing the risk profile of our in-force business. The team leverages both quantitative insights and qualitative perspectives to inform strategy and drive business outcomes.

The Impact

  • Produce and enhance recurring reporting (e.g., cash flows, liability duration, competitor insights) to support business monitoring and decision making
  • Support rate setting, renewal analysis, and Market Value Adjustment (MVA) calculations to ensure accurate and competitive outcomes
  • Perform ongoing risk monitoring (e.g., market-to-book, trades, flows) to proactively identify trends and support risk management
  • Run, update, and validate analytical models while partnering with senior team members to deliver reliable insights
  • Aggregate, validate, and manage data while identifying opportunities to streamline processes and improve efficiency

Minimum Qualifications

  • Bachelor's degree with a quantitative focus (e.g., Finance, Economics, Mathematics, Statistics, Actuarial Science, Data/Business Analytics)
  • 2+ years of data analysis experience
  • 2+ years Proficiency in Microsoft Excel and Microsoft Office Suite, including working knowledge (e.g., pivot tables; ability to work with existing macros)

Ideal Qualifications

  • Strong analytical and problem-solving skills with attention to detail
  • Ability to manage multiple priorities and deliver in a fast-paced environment
  • Intellectual curiosity with a desire to learn financial products and risk concepts
  • Strong communication skills with the ability to translate data into clear insights
  • Demonstrated initiative, ownership, and accountability
  • Collaborative mindset with the ability to work effectively across teams

What to Expect at MassMutual

  • Exposure to a growing, high-visibility institutional business
  • Hands-on learning and mentorship from experienced quantitative professionals
  • Opportunities to build technical, financial, and business expertise
  • Access to professional development resources, including Degreed and internal learning programs
  • Inclusive culture supported by Business Resource Groups and networking opportunities
  • A company grounded in strong values: integrity, collaboration, and results

#LI-KM1

Why Join Us.

At MassMutual Ascend, our collaborative culture is key to our success. It's the reason we're a leading provider of annuities today, and it's the reason we'll continue rising to the top tomorrow. A career at MassMutual Ascend means you'll contribute to our mission of taking financial futures above and beyond - and you'll be inspired to reach your own goals, too. As a wholly owned subsidiary of MassMutual, MassMutual Ascend continues to be an employer of choice in the Cincinnati, Ohio community.

MassMutual Ascend Life Insurance Company is an Equal Employment Opportunity employer. We welcome all persons to apply.

At MassMutual Ascend we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.For more information about our extensive benefits offerings please check out our Total Rewards at a Glance..

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