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Quantitative Analytics Analyst Jobs (NOW HIRING)

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Quantitative Analytics Analyst information

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$56.5K

$133.9K

$240K

How much do quantitative analytics analyst jobs pay per year?

As of May 31, 2026, the average yearly pay for quantitative analytics analyst in the United States is $133,877.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,500.00 and $145,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Quantitative Analytics Analyst, and why are they important?

To thrive as a Quantitative Analytics Analyst, you need strong analytical skills, a solid foundation in mathematics or statistics, and usually a degree in a quantitative field such as finance, economics, or computer science. Familiarity with programming languages like Python or R, data analysis tools, and statistical software, as well as experience with databases such as SQL, is highly valued. Attention to detail, problem-solving ability, and effective communication skills help analysts interpret data and convey complex findings clearly. These skills are essential for accurately modeling data, informing business decisions, and driving actionable insights in data-driven environments.

What are some common challenges faced by Quantitative Analytics Analysts when working with large data sets?

Quantitative Analytics Analysts often encounter challenges related to data quality, such as incomplete or inconsistent data, which can impact the accuracy of their analyses. Managing and processing massive data sets requires familiarity with advanced analytical tools and programming languages like Python, R, or SQL. Additionally, effectively communicating complex quantitative findings to non-technical stakeholders can be demanding, so strong visualization and presentation skills are important. Analysts typically collaborate with data engineers, risk managers, and business strategists to ensure their models are both robust and actionable.

What are Quantitative Analytics Analysts?

Quantitative Analytics Analysts are professionals who use advanced mathematical, statistical, and computational techniques to analyze data and solve complex problems, often within the finance or business sector. They develop and implement models to assess risk, forecast trends, and inform decision-making. Their work is crucial for organizations that rely on data-driven strategies, such as banks, investment firms, and consulting companies. Quantitative Analytics Analysts often collaborate with other teams to provide actionable insights and optimize business processes.

What is the difference between Quantitative Analytics Analyst vs Data Analyst?

AspectQuantitative Analytics AnalystData Analyst
Required CredentialsBachelor's or master's in finance, statistics, or related fields; proficiency in statistical softwareBachelor's in data science, statistics, or related fields; strong Excel and SQL skills
Work EnvironmentFinancial firms, investment banks, hedge fundsBusiness, marketing, healthcare, tech companies
Employer & Industry UsageUsed in finance and investment sectors for modeling and risk analysisUsed across various industries for data reporting and insights

While both roles analyze data, Quantitative Analytics Analysts focus on complex financial modeling and risk assessment using advanced statistical methods, often in finance. Data Analysts handle broader data collection and reporting tasks across industries. The roles overlap in data skills but differ in industry focus and complexity.

More about Quantitative Analytics Analyst jobs
What states have the most Quantitative Analytics Analyst jobs? States with the most job openings for Quantitative Analytics Analyst jobs include:
Infographic showing various Quantitative Analytics Analyst job openings in the United States as of May 2026, with employment types broken down into 59% Full Time, 29% Part Time, and 12% Contract. Highlights an 85% Physical, 8% Hybrid, and 7% Remote job distribution, with an average salary of $133,877 per year, or $64.4 per hour.
Claims Quantitative Analytics Analyst

Claims Quantitative Analytics Analyst

Allianz

Minneapolis, MN • On-site

Full-time

Posted 16 days ago


Allianz rating

9.3

Company rating: 9.3 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

14th of 259 rated insurance


Job description

ALLIANZ REINSURANCE OF AMERICA, INC.
AZRA is a specialty niche reinsurer, domiciled in California and licensed as an admitted insurer in 36 states (including District of Columbia), and is a qualified, accredited, or approved reinsurer in fifteen states. AZRA is a property casualty reinsurer which writes both prospective and legacy reinsurance. AZRA has specific expertise in run-off management of U.S. legacy insurance liabilities. It services Allianz Group affiliates and third parties including third party claims administration of asbestos, environmental, workers compensation, general liability, and construction defect liabilities.
AZRA has approximately 150 employees located nationwide with the majority working on a remote basis. AZRA is rated "AA-" by Standard & Poor's. As of December 31, 2025, AZRA had total admitted assets of USD $3.6 billion and policyholders' surplus of $265 million.
What you do:
Provide analytical support to the Quantitative Analytics function within Claims by developing, maintaining, and updating quantitative models, tools, and reports related to claims activity. This role focuses on lower-complexity modeling, preparatory analysis, and data organization, working under the direction of the Quantitative Analytics Manager and in partnership with Claims and Actuarial teams.
The position is designed to support scalability, improve turnaround times, and ensure consistency and accuracy of quantitative outputs, while allowing senior analytical resources to focus on the most complex and high-risk matters.
• Quantitative Modeling Support: Develop and update quantitative models in Microsoft Excel to support claims analysis, projections, and scenario evaluation. Perform lower-complexity modeling and assist with preparatory work for more complex analyses under the guidance of the Quantitative Analytics Manager. Update assumptions, inputs, and scenarios based on claim and market data as directed. Support reserve-related analyses in coordination with Actuarial and Claims teams.
• Tracking Tools & Allocation Support: Assist in building and maintaining settlement trackers, allocation calculators, and reporting tools. Gather and organize claim data to support policy allocations and claim tracking. Ensure tools are structured to be scalable and efficient as data volume increases.
Perform quality checks to validate accuracy and consistency of calculations.
• Reporting & Data Management: Support preparation of recurring reports related to claim payments, reserving activity, and remaining limits. Convert externally provided data into standardized internal formats. Assist with data preparation for leadership-facing analytics, including Business Review Meetings (BRMs) and other management reporting, as directed.
• Systems & Process Support: Assist with system enhancements, data imports/exports, and maintenance of analytical tools in Excel or Access. Support automation and efficiency initiatives led by the Quantitative Analytics Manager.
  • Utilization of artificial intelligence tools and resources (e.g. generative AI)

What you bring:
  • 2-3 years of experience required: Proven ability to work under guidance and supervision to create various formulas/macros in Excel, assessing large data sets, and forecasting futures based on trends.
  • Four-year degree required: Mathematics, statistics, or actuarial science degrees preferred.
  • You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

Job posting range $80,000.00 - $119,000.00
Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.
96238 | Customer Services & Claims | Professional | Non-Executive | Allianz Reinsurance | Full-Time | Permanent
What we offer:
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.