Average Quantitative Analyst Salary

Avg. Base Salary (USD)

The average salary for a Quantitative Analyst is $94,145 in 2024

Base Salary
$68k - $144k
$4k - $33k
Profit Sharing
$2k - $24k
Total Pay
$70k - $162k
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What is the Pay by Experience Level for Quantitative Analysts?

What Do Quantitative Analysts Do?

Quantitative Analyst Tasks
  • Research and analyze market statistics to develop, test, validate, execute, and maintain analytical software programs and quantitative models.
  • Perform risk analytics, loan pricing, and default risk modeling.
  • Design tests and experiments to collect data and test new models and programs.
  • Query, consolidate, and present data to senior management.
  • Assist in the construction and execution of portfolio management.
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How do Quantitative Analysts Rate Their Jobs?

4 out of 5
Highly Satisfied
Based on 33 responses, the job of Quantitative Analyst has received a job satisfaction rating of 3.97 out of 5. On average, Quantitative Analysts are highly satisfied with their job.

FAQs About Quantitative Analysts

What is the highest pay for Quantitative Analysts?

Our data indicates that the highest pay for a Quantitative Analyst is $144k / year

What is the lowest pay for Quantitative Analysts?

Our data indicates that the lowest pay for a Quantitative Analyst is $68k / year

How can Quantitative Analysts increase their salary?

Increasing your pay as a Quantitative Analyst is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Quantitative Analyst that oversees more junior Quantitative Analysts, this experience can increase the likelihood to earn more.