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Quantitative Developer Jobs in Iowa (NOW HIRING)

Join Amrize as a Technical Service Engineer II and help construct what's next. If you're ready to ... and quantitative fit tests. WHAT WE OFFER * Competitive salary * Retirement Savings: Choose from ...

Requires Master's in Informatics, Computer Engineering, Robotics Engineering or closely-related quantitative field & 3 yrs experience: developing software to communicate with PLC controlled machines ...

Data Engineer

Ankeny, IA · On-site

$108K - $130K/yr

Collaborates with Software Development and DevOps Teams to ensure data products support application ... relevant quantitative field * Three to five years of experience in data engineering, ETL/ELT ...

... linear programming, and mathematical modeling. Ability to explain quantitative reasoning, set theory, logic, and probability while preparing students to meet general education mathematics ...

... linear programming, and mathematical modeling. Ability to explain quantitative reasoning, set theory, logic, and probability while preparing students to meet general education mathematics ...

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Quantitative Developer information

See Iowa salary details

$92K

$159.4K

$243.7K

How much do quantitative developer jobs pay per year?

As of Sep 10, 2026, the average yearly pay for quantitative developer in Iowa is $159,420.00, according to ZipRecruiter salary data. Most workers in this role earn between $126,300.00 and $186,900.00 per year, depending on experience, location, and employer.

What is a quantitative developer?

Quantitative Developers, often called 'quant devs,' are professionals who combine expertise in programming, mathematics, and finance to design, develop, and maintain complex financial models and trading algorithms. They work closely with quantitative analysts (quants) to implement models that analyze financial data, price securities, or automate trading strategies. Their role typically involves programming in languages like Python, C++, or Java, and working with large datasets to ensure the efficiency and accuracy of financial systems. Quantitative Developers play a critical role in investment banks, hedge funds, and financial technology firms.

What are the key skills and qualifications needed to thrive as a quantitative developer?

To thrive as a Quantitative Developer, you need expertise in mathematics, statistics, programming (often in Python, C++, or Java), and a strong background in quantitative finance or a related field. Familiarity with financial modeling tools, version control systems like Git, and experience with data analysis libraries or platforms are typically required. Strong problem-solving abilities, attention to detail, and effective communication make candidates stand out in this role. These skills are crucial for developing robust, efficient models and tools that directly support trading, risk management, and financial decision-making.

How does a quantitative developer typically collaborate with quantitative analysts and traders in a financial firm?

Quantitative Developers work closely with quantitative analysts to implement mathematical models into robust, efficient code that can be used by traders for real-time decision-making. They often translate research prototypes into production-ready applications, ensuring that the models are both accurate and optimized for speed. Regular communication with traders helps Quantitative Developers understand the practical requirements of trading strategies, allowing them to tailor tools and systems for maximum usability and impact. This collaborative environment is essential for quickly adapting to market changes and maintaining a competitive edge.

What is the difference between Quantitative Developer vs Quantitative Analyst?

AspectQuantitative DeveloperQuantitative Analyst
Required CredentialsDegree in Computer Science, Mathematics, or related field; programming skills (Python, C++, Java)Degree in Finance, Economics, or Mathematics; strong analytical skills
Work EnvironmentPrimarily software development, coding, and system implementationData analysis, modeling, and strategy development
Employer & Industry UsageFinancial firms, hedge funds, trading desksInvestment banks, asset management firms, hedge funds
Common Search & ComparisonFocuses on coding and system buildingFocuses on market analysis and strategy

While both roles work within the finance industry and require quantitative skills, Quantitative Developers primarily focus on building and maintaining trading systems and algorithms through programming. Quantitative Analysts concentrate on analyzing data and developing models to inform trading strategies. The roles often collaborate but differ in their core responsibilities and skill sets.

What are popular job titles related to Quantitative Developer jobs in Iowa?

For Quantitative Developer jobs in Iowa, the most frequently searched job titles are:

What are popular job titles related to Quantitative Developer jobs in IA?

For Quantitative Developer jobs in IA, the most frequently searched job titles are:

Infographic showing various Quantitative Developer job openings in Iowa as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 5% Part Time, and 13% Contract. Highlights an 80% Physical, 6% Hybrid, and 14% Remote job distribution, with an average salary of $159,420 per year, or $76.6 per hour.

Engineer 1/Eng II/Sr Eng/Sr Eng II/Principal Eng-Substation Engineering

Davenport, IA • On-site

$99K - $136K/yr

Full-time

Posted 27 days ago


Berkshire Hathaway Energy rating

6.5

Company rating: 6.5 out of 10

Based on 18 frontline employees who took The Breakroom Quiz


Job description

Opportunities exist within MidAmerican Energy's Substation Engineering team for engineers interested in project estimating, cost development, utility infrastructure and substation engineering.   This position serves as the primary estimating resource within Substation Engineering and is responsible for developing conceptual, budgetary and detailed estimates for new substations, substation expansions, equipment replacements, transmission interconnections, renewable energy interconnections and grid modernization projects.  

The successful candidate will collaborate with project managers, engineers, supply chain personnel, construction resources, contractors, consultants and equipment vendors to support project scopes and associated labor, material, equipment and construction cost estimates. The position will maintain and update labor unit costs, update estimating tools and databases and support continuous improvement of estimating practices.

In addition to estimating responsibilities, this position may perform substation engineering and design work including development of design packages, engineering calculations, equipment specifications, contractor coordination, construction support and technical reviews. 

The successful candidate will support a diverse portfolio of substation related projects associated with system reliability, load growth, renewable energy integration and emerging customer demands.

This is a multi-level posting.

Candidates may be considered for any of the posted levels, depending on their level of experience and depth of expertise.

Position is located in Davenport, Iowa or Des Moines, Iowa

No remote work is offered for this role

MidAmerican Energy Company, a Midwest utility, provides regulated electric and natural gas service to more than 1.6 million customers in Illinois, Iowa, Nebraska and South Dakota. The company owns and operates a portfolio of power-generating assets, approximately 61% of which is wind generation.MidAmerican Energy Company is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Employees must be able to perform the essential functions of the position, with or without an accommodation.

Key Competencies:

  • Understanding of utility substation construction methods and practices 
  • Ability to develop labor, material and equipment estimates 
  • Ability to source and evaluate vendor and contractor pricing 
  • Strong analytical and quantitative skills 
  • Attention to detail and estimate accuracy 
  • Strong knowledge of substation equipment and construction practices 
  • Ability to interpret engineering drawings and specifications
  • Proficiency with estimating tools, databases and spreadsheet applications
  • Demonstrated technical leadership
  • Effective written and verbal communication for liaising with contractors, consultants, other MEC and BHE departments and executives
  • Effective at problem solving and conflict resolution
  • Effective risk assessment and mitigation capabilities
  • Possess strong organizational and time management skills
  • Ability to manage and adapt to changing priorities, requirements, project objectives and project goals 
  • Ability to prioritize and execute multiple tasks concurrently as well as competing deadlines

This is a multi-level posting:

Advancement opportunities are available based on demonstrated technical expertise, leadership capability, performance and business needs

Qualifications 

Engineer I 

  • Requires a bachelor's degree in electrical engineering from an accredited institution
    • Entry-level position requiring minimal or no prior electric engineering experience
    • Successful completion of internships, co-op programs or related utility experience preferred

Engineer II 

  • Requires one to three years of industry experience as a practicing electrical engineer
  • Some experience with utility estimating, project scoping, construction cost development, contractor cost evaluation, substation engineering, project engineering, construction management, utility operations or related electric utility experience preferred

Senior Engineer

  • Five years of industry experience as a practicing electrical engineer. Professional Engineer (PE) licensure preferred. 
  • Experience with utility estimating, project scoping, construction cost development, contractor cost evaluation, substation engineering, project engineering, construction management, utility operations or related electric utility experience preferred.

Senior Engineer II 

  • Eight years of industry experience as a practicing electrical engineer and Professional Engineer (PE) licensure required; 

OR

  • Ten years of relevant engineering experience in lieu of Professional Engineer (PE) licensure
    • Leads complex substation projects
    • Provides technical guidance to junior engineers
    • Performs engineering reviews of design packages
    • Demonstrated proficiency with utility estimating, project scoping, construction cost development, contractor cost evaluation, substation engineering, project engineering, construction management, utility operations or related electric utility experience preferred

Principal Engineer 

  • Twelve years of industry experience as a practicing electrical engineer, including experience performing highly technical work of specialized nature and Professional Engineer (PE) licensure required; 

OR

  • Fifteen years of industry experience as a practicing electrical engineer, including experience performing highly technical work of specialized nature in lieu of Professional Engineer (PE) licensure
    • Develops engineering standards and best practices
    • Provides technical leadership across multiple business units
    • Supports strategic engineering initiatives
    • Complex problem solving
    • Demonstrated proficiency with utility estimating, project scoping, construction cost development, contractor cost evaluation, substation engineering, project engineering, construction management, utility operations or related electric utility experience preferred

Employees must be able to perform the essential functions of the position, with or without an accommodation. 

All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. 

Position descriptions are developed as guides for the employees of Berkshire Hathaway Energy. The management team of Berkshire Hathaway Energy reserves the right to modify job responsibilities and position requirements to meet the corporate business goals and needs.

Primary Responsibilities and Job Duties (Essential Job Function): 45%

  • Develop conceptual, preliminary and detailed cost estimates for electric utility capital projects
  • Develop labor, equipment, material, contractor and construction cost estimates for substation projects ranging from 15 kV through 345 kV
  • Work with project managers to develop and maintain project labor cost assumptions and labor unit rates used in project estimates
  • Obtain and evaluate equipment, material, contractor and construction pricing from suppliers, contractors, consultants and internal resources
  • Perform quantity takeoffs and develop cost assumptions based on engineering requirements, construction methods and project risks
  • Scope and review contractor and consultant engineering deliverables
  • Develop and maintain estimating tools, templates, unit-cost databases and estimating best practices
  • Evaluate design alternatives and provide cost comparisons to support project development and decision making 
  • Support project scoping activities for new facilities, expansions, equipment replacements, customer-driven projects, renewable interconnections and grid modernization initiatives
  • Review of contractor and consultant estimates, proposals and bids for alignment with project scope and company standards 
  • Provide technical engineering support for substation facilities 
  • Perform utility engineering and design work as assigned to support departmental workload and business needs
  • Develop and review electrical substation physical, protection and control design packages
  • Perform engineering calculations related to substation design

 

Provide engineering and estimating services for utility capital projects: (20%)

  • Project scoping involvement and estimate development
  • Quantity takeoffs
  • Labor cost development and maintenance 
  • Material and equipment cost sourcing
  • Construction cost development
  • Contractor and consultant cost evaluations
  • Development of estimating tools and databases
  • Technical reviews of estimate assumptions
  • Continuous improvement initiatives
  • Speculative customer and developer projects 

Provide engineering assistance and perform any additional responsibilities as requested or assigned such as: (15%)

  • Physical design coordination
  • Protection and control design coordination 
  • Equipment specifications 
  • Engineering calculations 
  • Drawing reviews 
  • Quality assurance reviews
  • Supporting other departments if/as needed

Provide technical input to assist with engineering studies and investigations along with preparing oral and written reports: (10%) 

Provide engineering assistance during critical equipment failures and emergencies: (10%)

Travel is typically less than 10% and consists primarily of site visits, field inspections and project support activities


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