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Quantitative Associate Jobs in Indianapolis, IN (NOW HIRING)

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Quantitative Associate information

See Indianapolis, IN salary details

$29.6K

$86.6K

$139.6K

How much do quantitative associate jobs pay per year?

As of Aug 30, 2026, the average yearly pay for quantitative associate in Indianapolis, IN is $86,582.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,500.00 and $113,700.00 per year, depending on experience, location, and employer.

What is a quantitative associate?

Quantitative Associates are professionals who use mathematical, statistical, and computational techniques to analyze financial data and develop models for decision-making in fields such as banking, investment, and risk management. They often support senior quantitative analysts or traders by implementing algorithms, conducting data analysis, and providing insights to improve business strategies. These roles typically require strong skills in programming, mathematics, and finance, and are commonly found in investment banks, hedge funds, and financial technology firms.

How does a quantitative associate typically collaborate with traders and technology teams in a financial firm?

Quantitative Associates often work closely with traders to understand their strategies and provide data-driven insights that improve trading outcomes. They also collaborate with technology teams to implement models into production systems, ensuring that algorithms are both effective and efficient. This cross-functional teamwork requires strong communication skills and a willingness to learn from professionals in different disciplines. Regular meetings, joint problem-solving sessions, and collaborative project management tools are commonly used to keep everyone aligned and drive successful outcomes.

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

To thrive as a Quantitative Associate, you need strong quantitative analysis skills, advanced knowledge of mathematics and statistics, and typically a degree in a quantitative field such as mathematics, finance, or engineering. Proficiency in programming languages like Python or R, data analysis tools, and experience with financial modeling platforms are commonly required. Attention to detail, problem-solving abilities, and effective communication help you translate complex data insights into actionable business strategies. These skills are critical for developing accurate models, managing risk, and supporting data-driven decision-making in financial environments.

What is the difference between Quantitative Associate vs Quantitative Analyst?

AspectQuantitative AssociateQuantitative Analyst
Required CredentialsTypically a master's degree in finance, mathematics, or related field; strong programming skillsSimilar educational background; often requires advanced quantitative skills and certifications
Work EnvironmentFinancial firms, hedge funds, asset management; collaborative teamsSame as Quantitative Associate; focused on model development and data analysis
Employer & Industry UsageCommon in investment banks, hedge funds, asset managersUsed interchangeably in many firms; both roles involve quantitative modeling
Search & Comparison IntentHigh overlap; both roles involve quantitative analysis and modeling

Both Quantitative Associates and Quantitative Analysts work in similar environments, requiring advanced degrees and strong analytical skills. The roles often overlap in responsibilities, focusing on developing models, analyzing data, and supporting trading or investment decisions. The main difference may lie in job titles used by different firms, but their core functions are quite comparable.

What are popular job titles related to Quantitative Associate jobs in Indianapolis, IN?

For Quantitative Associate jobs in Indianapolis, IN, the most frequently searched job titles are:

What job categories do people searching Quantitative Associate jobs in Indianapolis, IN look for?

The top searched job categories for Quantitative Associate jobs in Indianapolis, IN are:

What cities near Indianapolis, IN are hiring for Quantitative Associate jobs?

Cities near Indianapolis, IN with the most Quantitative Associate job openings:

Infographic showing various Quantitative Associate job openings in Indianapolis, IN as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $86,582 per year, or $41.6 per hour.

Senior Associate Scientist - Plate-Based Analytical Assays - Transitional and Early Development

Socket.dev

Indianapolis, IN โ€ข On-site

$90 - $120/hr

Other

Retirement, PTO

Posted 12 days ago


Job description

At Elanco (NYSE: ELAN) โ€“ it all starts with animals!

As a global leader in animal health, we are dedicated to innovation and delivering products and services to prevent and treat disease in farm animals and pets. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose โ€“ all to Go Beyond for Animals, Customers, Society and Our People.

At Elanco, we pride ourselves on fostering a diverse and inclusive work environment. We believe that diversity is the driving force behind innovation, creativity, and overall business success. Here, youโ€™ll be part of a company that values and champions new ways of thinking, work with dynamic individuals, and acquire new skills and experiences that will propel your career to new heights.

Making animalsโ€™ lives better makes life better โ€“ join our team today!

Senior Associate Scientist โ€“ Plate-Based Analytical Assays โ€“ Transitional and Early Development About the Role

Senior Associate Scientist in the Transitional and Early Development team, you will play a critical role in bridging early discovery and clinical development for Elancoโ€™s biotherapeutics pipeline. This laboratory-based position focuses on the design, execution, and optimization of research-stage plate-based analytical assays to support the screening and characterization of hit monoclonal antibodies (mAbs) and other complex biomolecules.

You will be responsible for building customized screening assays (including receptor blocking ELISAs, ACโ€‘SINS, and PEG assays) and designing the necessary tool reagents to evaluate earlyโ€‘stage molecules. Furthermore, you will develop robust quantitative ELISAs for lead molecules, ensuring these methods are phaseโ€‘appropriate and ready for seamless tech transfer to Analytical Development once projects approach Pipeline Entry.

Your Responsibilities
  • Perform routine and customized researchโ€‘stage plate assays, including receptor blocking ELISAs, quantitative ELISAs, ACโ€‘SINS, and PEG precipitation assays to screen hit mAbs and other biomolecules.
  • Develop, optimize, and qualify quantitative ELISAs for lead candidate molecules. Ensure these assays meet early robustness criteria for successful technology transfer to the Analytical Development team at Pipeline Entry.
  • Proactively design, source, and evaluate critical tool reagents (e.g., capture/detection antibodies, recombinant target proteins) required for customized ligandโ€‘binding assays.
  • Analyze large datasets using appropriate statistical and graphing software (e.g., GraphPad Prism, JMP). Document all experimental work meticulously in electronic lab notebooks (ELN) and author technical reports.
  • Interface daily with scientists across Discovery Research and Analytical Development to ensure assay strategies align with project milestones and molecule characterization needs.
  • Evaluate and implement new plateโ€‘based technologies and highโ€‘throughput automation strategies to improve screening efficiency and data quality.
What You Need to Succeed (Minimum Qualifications)
  • Education:
    • B.S. or M.S. in Immunology, Biochemistry, Molecular Biology, Cell Biology, or a closely related scientific discipline.
  • Experience:
    • B.S. with 4+ years, or M.S. with 2+ years of relevant biopharmaceutical industry experience focusing on assay development and/or early research screening.
  • Technical Skills:
    • Extensive, handsโ€‘on expertise in developing, optimizing, and troubleshooting ligandโ€‘binding assays (especially ELISAs).
    • Demonstrated ability to design and evaluate tool reagents for novel assay development.
    • Strong analytical problemโ€‘solving skills with the ability to learn quickly and assimilate new laboratory techniques.
    • Excellent written and verbal communication skills, with a track record of effective collaboration in a matrixed team environment.
What Will Give You a Competitive Edge (Preferred Qualifications)
  • Direct experience with biophysical/colloidal stability screening assays such as ACโ€‘SINS and PEG precipitation assays.
  • Understanding of the analytical requirements for transitioning early research assays into validateโ€‘able methods for lateโ€‘stage Analytical Development and Quality Control.
  • Experience with automated liquid handlers or highโ€‘throughput plate reading platforms to scale early screening efforts.
  • Strong background in protein biochemistry and structural understanding of monoclonal antibodies (mAbs) and multiโ€‘specific biologics.
  • Experience utilizing Design of Experiments (DoE) for assay optimization.
Additional Information:
  • Travel: Minimal
  • Location: Global Elanco Headquarters - Indianapolis, IN - Hybrid Work Environment

Don'tmeet every single requirement? Studies have shown underrecognized groups are less likely to applytojobs unless they meet every single qualification. At Elanco we are dedicated to building a diverse and inclusive work environment. If you think you might be a good fit for a role butdon't necessarily meet every requirement we encourage you to apply. You may be the right candidate for this role or other roles!

Elanco Benefits and Perks:
  • Multiple relocation packages
  • Two weeklong shutdowns (midโ€‘summer and yearโ€‘end) in the US (in addition to PTO)
  • 8โ€‘week parental leave
  • 9 Employee Resource Groups
  • Annual bonus offering
  • Flexible work arrangements
  • Up to 6% 401K matching

Elanco is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status

Elanco may use automated tools, including AI, to support parts of our recruitment process, such as reviewing applications against jobโ€‘related criteria and/or transferrable skills. These tools help ensure a consistent, structured evaluation, but they do not make hiring decisions. All decisions involve a human reviewer. For more information on how we handle personal data, please see our Elanco Workforce Privacy Notice.

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