Average Entry-Level Quantitative Analyst Salary in Chicago, Illinois

$78,073
Avg. Base Salary (USD)
10%
$45k
MEDIAN
$78k
90%
$99k

The average salary for a Quantitative Analyst is $78,073

Base Salary
$45k - $99k
Bonus
$3k - $21k
Profit Sharing
$0 - $5k
Total Pay
$45k - $113k
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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.
Find your market worth – how it works:

Gender Breakdown

Male
100.0%
This data is based on 14 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

72%

Dental

61%

Vision

50%

None

28%