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Remote Quant Intern Jobs in Texas (NOW HIRING)

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Remote Quant Intern information

What is a remote quant intern?

Remote Quant Interns are students or recent graduates who work virtually for financial firms or tech companies in quantitative roles. Their primary responsibilities include analyzing data, developing mathematical models, and assisting in algorithmic trading or risk management, all while working from a location outside the physical office. They typically use programming languages like Python or R and work on projects related to finance, statistics, or data science. This role offers flexibility and exposure to real-world quantitative challenges without the need to relocate. Remote Quant Internships are often stepping stones to full-time quantitative analyst or researcher positions.

How do remote quant interns typically collaborate with full-time team members and mentors despite working off-site?

Remote Quant Interns usually stay connected with their teams through daily or weekly virtual meetings, utilizing platforms like Zoom, Slack, or Microsoft Teams. Collaboration often involves sharing code, data analysis results, or research findings via version control systems and cloud-based tools. Interns are encouraged to proactively seek feedback, participate in online brainstorming sessions, and attend virtual seminars or company events to build relationships and stay engaged with mentors and peers. Effective communication and responsiveness are key to overcoming the challenges of remote work and ensuring successful integration into the team.

What are the key skills and qualifications needed to thrive as a remote quant intern, and why are they important?

To thrive as a Remote Quant Intern, you generally need strong quantitative skills, proficiency in mathematics or statistics, and enrollment in or completion of a relevant degree program such as finance, math, or computer science. Familiarity with programming languages like Python, R, or MATLAB, as well as experience using statistical and data analysis tools, is typically required. Outstanding problem-solving abilities, self-motivation, and effective communication are crucial soft skills for success in a remote setting. These skills and qualities are important because they enable interns to analyze complex data, collaborate virtually with teams, and contribute valuable insights to quantitative projects.

What is the difference between Remote Quant Intern vs Quant Analyst?

AspectRemote Quant InternQuant Analyst
Required CredentialsTypically pursuing or recent graduate in Math, Finance, or related fieldBachelor's or Master's in Quantitative Finance, Math, or related field; often requires some experience
Work EnvironmentRemote, internship setting, often part-time or seasonalFull-time, often in-office or hybrid, but increasingly remote
Employer & Industry UsageFinancial firms, hedge funds, asset management companiesFinancial institutions, hedge funds, investment banks

The Remote Quant Intern role is an entry-level, temporary position ideal for students or recent graduates gaining initial experience. In contrast, a Quant Analyst is a full-time professional role requiring more experience and advanced skills. Both roles are common in finance and investment sectors, but the intern position offers a stepping stone into the industry.

What cities in Texas are hiring for Remote Quant Intern jobs?

Cities in Texas with the most Remote Quant Intern job openings:

Actuarial Intern - Milliman Property and Casualty Practices - Summer 2027 - remote, hybrid, or on...

Milliman

Richardson, TX • On-site, Remote

$23 - $46/hr

Full-time

Retirement, PTO

Posted 20 days ago


Key responsibilities

  • Assist with data analyses and create portions of client deliverables related to pricing and reserving analyses.

  • Collaborate with project teams and participate in meetings, training sessions, and social events.

  • Develop technical skills in tools such as Excel, R, Python, SQL, VBA, and PowerBI.


Milliman rating

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

The Opportunity

Milliman’s Property & Casualty practices welcome motivated students to join us as Actuarial Interns for Summer 2027! This application will bring your interest to the attention of all of Milliman’s U.S. P&C practices that are seeking to hire summer actuarial interns.

Over 10–12 weeks, you’ll learn about work we do by assisting with pricing and reserving analyses for our clients across various insurance products: personal and commercial auto, homeowners, mortgage, workers compensation, general liability, medical liability, etc. All of our internships offer hands-on experience with real actuarial projects, networking and collaboration with experts, and professional skill development.

What You Will Do

  • Work closely with project teams on data analyses, create portions of client deliverables, perform technical review (“checking”), etc.
  • Develop professional skills such as communication, task management, and presenting.
  • Collaborate with colleagues at all levels, including senior consultants and principals.
  • Receive mentorship and actionable feedback to support your career development.
  • Participate in meetings, training sessions, and social events designed for our interns.
  • Build strong technical skills in Excel, R, Python, SQL, VBA, PowerBI, etc.

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future. This includes international students.

What We Are Looking For

Professional Qualifications

  • Currently pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field, with at least one semester of school remaining.
  • At least one actuarial exam passed at the time of application.
  • Proficiency with MS Excel and other MS Office tools.
  • Experience with programming or statistical tools (R, Python, SAS, VBA) is a plus.

Personal Qualifications

  • Strong critical thinking and analytical skills.
  • Excellent communication skills, both written and verbal, with close attention to detail.
  • The ability to work collaboratively on multiple teams simultaneously, in a fast-paced environment.
  • The ability and willingness to clearly articulate questions and ideas.
  • Demonstrated professionalism, integrity, and reliability.
  • Intellectual curiosity and enthusiasm for learning about risk, actuarial work, and Milliman’s mission.
  • Self-starter with effective time management and organizational skills.
  • Inspired to contribute to the success of projects and the team.

Location

This posting represents opportunities that are based in various Milliman offices and business units within the U.S. Some roles may require onsite work, others may be remote. Specific in-office requirements will be discussed during the interview process. Please answer the application question to indicate which location(s) you are able to commit to for summer 2027. The expected application deadline for this job is October 15, 2026.

Compensation

The overall hourly range for this role is $21 - $46. For candidates residing in: 

  • Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the range is $23 - $46.
  • All other locations the hourly range is $21 - $37. 

A combination of factors will be considered, including, but not limited to: education, actuarial exams passed, relevant work experience, qualifications, skills, certifications, etc.

Benefits

We offer competitive benefits to our interns, which include the following based on plan eligibility:

  • Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
  • 401(k) Plan – When an employee reaches 1,000 hours worked within 12 consecutive months, they become eligible for a 401(k) plan that includes a company matching program and profit-sharing contributions.
  • Paid Time Off (PTO) – Begins accruing on the first day of work; Interns, Temporary, and Seasonal Employees will earn PTO each pay period, based on 1 hour for every 30 hours worked.
  • Transportation – Pre-tax savings for eligible transit and parking expenses.

About Milliman

Milliman is a global leader in actuarial consulting, helping organizations address complex challenges in insurance, risk management, healthcare, and beyond. We are committed to professional growth, diversity, and inclusion, offering employees access to mentoring, learning opportunities, and a collaborative culture. Please visit our web site to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability: https://www.milliman.com/en/socialimpact

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations.

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran. 


What Milliman employees say

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About Milliman

Sourced by ZipRecruiter

Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Industry

Business management consulting and fitness and sports centers

Company size

1,001 - 5,000 Employees

Headquarters location

Seattle, WA, US