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Quantitative Researcher

  • Company: Health Bay
  • Location: Chicago, Illinois
  • Salary: Pay not listed
  • Full Time
  • Company site
  • Pay not listed

Health Bay at a glance

Quantitative Researcher
HealthBay - Chicago, Illinois

The Opportunity

Join HealthBay as a Quantitative Researcher and contribute your expertise in data analysis, statistical modeling, and research design. This is an onsite full-time position where you will collaborate closely with a Principal Research Consultant to drive impactful insights and strategic decisions for the company.

What You'll Do

  • Conduct advanced data analysis and statistical modeling to support research initiatives.
  • Develop and implement robust research designs that align with business objectives.
  • Collaborate closely with team members to ensure alignment and quality of work.
  • Set your own hours while ensuring timely delivery of high-quality outputs.

Requirements

  • Strong background in data analysis, statistical modeling, and research design.
  • Experience working on complex projects with tight deadlines.
  • Aptitude for critical thinking and problem-solving.
  • Excellent communication skills to collaborate effectively within the team.
  • Ability to work independently and manage multiple tasks efficiently.

Working at HealthBay

At HealthBay, you will be part of a dynamic and forward-thinking research team. You will enjoy the flexibility of setting your own hours while contributing significantly to the company's success through impactful insights and strategic decisions. The role offers the opportunity to work closely with experienced professionals in a supportive environment.

How to Apply

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Working in Chicago, Illinois

Weather right now in Chicago, Illinois: checking… · Local time: · Air quality: · Daylight: · UV index: · Wind: · Pollen:

Chicago sits in Cook County, Illinois—a Midwestern state on Lake Michigan with strong regional commerce and transit. State overview: Illinois on Wikipedia. Expect a dense urban work setting rather than remote for this listing.

Illinois is a state in the Midwestern region of the United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash and Ohio rivers to its south. Of the fifty U.S. states, Illinois has the fifth-largest gross domestic product (GDP), the sixth-largest population, and the 25th-most land area. Its capital city is Springfield in the center of the state, a

🇺🇸 Relocation safety for US: Exercise Normal Cautionvia Warnely, CC BY 4.0

National unemployment rate in US: 4.2%via World Bank

Private-sector wage growth (year over year): 3.1%via FRED

National quits rate: 2.0%via FRED (BLS JOLTS)

Weekly initial unemployment claims: 199,000via FRED

GDP per capita in US: $90,027via World Bank

Consumer price inflation in US: 2.9% (annual) — via World Bank

Real GDP growth in US: 2.2% (annual) — via World Bank

Average hours worked per year in US: 1,800via OECD

Cost of living in Illinois: 0.0% below the national averagevia BEA

Minimum wage in Illinois: $15.00/hrvia FRED

Real GDP per capita in Illinois: $71,835via FRED

Home prices in Illinois (year over year): +5.8%via FRED

Median household income in Cook County: $81,797via US Census ACS / Data USA

Average commute time in Cook County: 32 minvia US Census ACS / Data USA

Most common commute in Cook County: Drove Alone (55%) — via US Census ACS / Data USA

Households with home internet in Cook County: 91%via US Census ACS / Data USA

Nearby history: Studebaker Building, listed 1975 (74m away) — via National Register of Historic Places

Typical climate: average high 59°F / low 44°F year-round (summers around 82°F, winters around 21°F) — via NOAA 1991-2020 Normals

Walkability: Most walkablevia EPA National Walkability Index

Typical rent nearby: $1,581/mo · $1,781/movia HUD Fair Market Rents

  • Elevation 193m (633 ft)

Source: Wikipedia (state)

About this role & career path

Quantitative researchers develop models and tools for pricing, risk, portfolio construction, performance measurement, and related analysis. Core work includes advanced statistical or econometric methods, model libraries, and written research reports. O*NET overview: 13-2099.01.

Traits that fit this role

  • Achievement Orientation
  • Intellectual Curiosity
  • Cautiousness
  • Integrity
  • Attention to Detail

Source: O*NET Work Styles (Distinctiveness Rank).

Typical preparation needed: Job Zone 5: Extensive Preparation Needed. Most of these occupations require graduate school -- for example, a master's degree, and some require a Ph.D., M.D., or J.D. — via O*NET

Industry news

Source: O*NET (public-domain bulk data)

Salary & compensation

Workers in Business & Financial Operations occupations earn a national median of $76,859via US Census ACS / Data USA

Build the skills for this role

Prioritize:

  • Statistics, econometrics, and numerical methods
  • Model design, validation, and documentation
  • Programming for analysis and model libraries
  • Clear written research communication

No certificate list was provided for this role family.

Expect questions on how you choose model specs, validate results, and explain tradeoffs. Be ready to walk through a past project: problem framing, data method, quantitative technique, interpretation, and how you reported findings.

Strong fit if you enjoy rigorous quantitative problem-solving, building reusable analytical tools, and translating math into actionable research for a Chicago-based, on-site Quantitative Researcher role at HealthBay.

Job details above are provided by the employer/source. The sections on this page are compiled from public data sources with AI assistance.

Accommodations: if you need a workplace accommodation to apply for or perform this job, see ADA.gov or EEOC.gov for guidance on your rights and how to request one.

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Listing facts

  • Role Quantitative Researcher
  • Employer Health Bay
  • Location Chicago, Illinois
  • Type Full Time
  • Pay (from listing) Pay not listed
  • Posted August 10, 2026
  • Apply by September 9, 2026
  • Country United States
  • Overview Full job description on this page (224 words)

Facts above come from this job record on Get A Job.AI — not copied from third-party review sites.

Typical work in Quantitative Researcher

Independent occupational context from O*NET (U.S. public-domain labor data). This is about the occupation, not a rewrite of this employer's posting.

  • Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
  • Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
  • Interpret results of financial analysis procedures.
  • Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
  • Define or recommend model specifications or data collection methods.
  • Produce written summary reports of financial research results.

Source: O*NET

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Occupation family: Quantitative Researcher

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Quantitative Researcher Health Bay · Chicago, Illinois