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Quantitative Associate Jobs in Quincy, MA (NOW HIRING)

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Quantitative Associate information

See Quincy, MA salary details

$32.6K

$95.2K

$153.5K

How much do quantitative associate jobs pay per year?

As of Sep 2, 2026, the average yearly pay for quantitative associate in Quincy, MA is $95,240.00, according to ZipRecruiter salary data. Most workers in this role earn between $36,800.00 and $125,100.00 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 cities near Quincy, MA are hiring for Quantitative Associate jobs?

Cities near Quincy, MA with the most Quantitative Associate job openings:

Infographic showing various Quantitative Associate job openings in Quincy, MA as of August 2026, with employment types broken down into 87% Full Time, and 13% Part Time. Highlights an 74% In-person, 13% Hybrid, and 13% Remote job distribution, with an average salary of $95,240 per year, or $45.8 per hour.

Associate Director, Translational Quantitative Pharmacology (TQP)

Merck Group

Billerica, MA โ€ข On-site

Full-time

Medical, Retirement, PTO

Posted 22 days ago


Job description

Work Location: Billerica, Massachusetts
Shift:
Department: HC-RD-BQ4G Global Translational Quantitative Pharmacology
Recruiter: Sarah Ellis
This information is for internals only. Please do not share outside of the organization.
Your Role:
The role of Associate Director, Translational Quantitative Pharmacology, in Quantitative Pharmacology within the broader Clinical Measurement Sciences organization, is a scientific and cross-functional role, responsible for developing and executing Model Informed Drug Development (MIDD) strategies including quantitative systems pharmacology (QSP) platform models across the R&D lifecycle.
This position will be responsible for all TQP assignments either executed internally or in collaboration with external TQP related CROs by providing close scientific and technical supervision. The incumbent will be expected to manage multiple projects simultaneously and participate in discussions and presentations.
The role requires the candidate to also communicate TQP related science and strategies to all interfacing disciplines at the project or non-project levels and help develop modeling toolboxes to assist project teams in making quantitative decisions.
This position reports to the Global Head of Translational Quantitative Pharmacology.
Location: Hybrid (3x/week in office) role based in Billerica, MA
Key Accountabilities:
โ€ข To be an independent contributor in the field of translational quantitative pharmacology to help advance the fundamental science of the field, to help guide, educate, mentor and contribute to the success of the discipline within the company.
โ€ข To be able to independently develop QSP models that will inform compound progression decisions from lead optimization to clinical proof of concept and beyond for the immunology and oncology pipelines for all modalities of interest.
โ€ข Responsible for performing human PK predictions and quantitative DDI predictions, the design and analysis of pre-clinical PK/PD experiments and data to support preclinical development, and translational PK/PD analyses to support FIH dose estimates for all modalities of interest.
โ€ข To develop models or use commercially available software tools to understand and quantify toxicological signals such as cardiovascular, hepatic, renal, dermal, and heme to determine the therapeutic index and help guide project decisions
โ€ข To be able to interact with various project team members in a clear and timely manner, understanding the functions of other team members and being able to explain and educate model-based analyses and results to team members from various backgrounds
โ€ข Work in a dynamic team with frequent interactions, both within the team and with associated functions, and will be responsible for the development and implementation of innovative modeling and simulation platforms/strategy that ensure that the right drug is administered to the right patient at the right dosage.
โ€ข As a member of project teams and sub-teams, the incumbent will represent QP and present analysis outcomes to cross-functional teams, at department meetings, project review committees and conferences.
โ€ข The candidate will contribute to the preparation and presentation of both internal and external documentation (e.g. Investigator's Brochure, IND, CTD) and program strategy.
Who You Are
Minimum Qualifications:
  • A PhD in Pharmacokinetics, Pharmaceutical Sciences, Biomedical/Chemical Engineering, Applied Mathematics, or a related discipline
  • A minimum of 5 years in industry and/or academia in a relevant background with proven track record of applying modeling and simulation approaches to biological problems
  • Position requires both domestic and international travel up to 20% of time

Preferred Qualifications:
  • Sound knowledge of the theory and principles of Quantitative Systems Pharmacology plus hands-on competence in mathematical modeling of pharmacologic effects with mechanism-based models using relevant software or programming languages (e.g., MATLAB/SimBiology, NONMEM, R, Monolix).
  • Experience in applying translational PK/PD M&S including QSP approaches in research and early clinical development to inform confidence in target/ mechanism, dose/ regimen, and combinations.
  • Knowledge of basic principles of biology and pharmacology at the organismal, cellular and molecular level, preferably in one or more of the following areas: oncology, immuno-oncology, immunology
  • Ability to rapidly assimilate knowledge of complex biology of drug action for novel mechanisms and transform such understanding into multi-scale mathematical models, with requisite mathematical and computational proficiency
  • Experience in applying PBPK modeling and simulation using relevant software (e.g., MATLAB, Simcyp, GastroPlus) is a plus
  • Ability to mentor, educate and explain modeling concepts and approaches to colleagues within QP/CMS and the larger organization as well
  • Flexibility and keen pursuit of innovation throughout all phases of the drug discovery and development process
  • A desire to develop and grow by way of taking responsibility and engaging in additional tasks and operations.
  • Ability to work independently and deliver results in a timely manner.
  • Publications in conference proceedings and peer-reviewed journals is desirable.

Pay Range for this position: $142,000 - 215,200
The offer range represents the anticipated low and high end of the base pay compensation for this position. The actual compensation offered will be determined by factors such as location, level of experience, education, skills, and other job-related factors. Position may be eligible for sales or performance-based bonuses. Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites. For more information click here.
The Company is an Equal Employment Opportunity employer. No employee or applicant for employment will be discriminated against on the basis of race, color, religion, age, sex, sexual orientation, national origin, ancestry, disability, military or veteran status, genetic information, gender identity, transgender status, marital status, or any other classification protected by applicable federal, state, or local law. This policy of Equal Employment Opportunity applies to all policies and programs relating to recruitment and hiring, promotion, compensation, benefits, discipline, termination, and all other terms and conditions of employment. Any applicant or employee who believes they have been discriminated against by the Company or anyone acting on behalf of the Company must report any concerns to their Human Resources Business Partner, Legal, or Compliance immediately. The Company will not retaliate against any individual because they made a good faith report of discrimination.