As a Data Science Intern, you'll learn to translate business challenges into statistical problems, analyze large datasets, build machine learning models, and communicate insights effectively.
Data Science Interns at QuantCo will learn what it takes to create impact from data: identifying the right framework and questions to translate a business challenge into a statistical problem; locating and combining data sources as well as transforming large datasets; running in-depth analyses; building machine learning models that automate large-scale decisions and integrating them into live business processes; and interpreting, visualizing, and communicating results to internal and external stakeholders.
We are looking for team players who have excellent quantitative abilities and:
- A major, minor, or research focus in economics, statistics, mathematics, computer science, engineering, physics, or similar fields at a leading university
- In-depth understanding of mathematical and statistical concepts behind the most common machine learning techniques
- Experience in coding and working with data (from a previous research or industry internship or extensive course projects) using a wide range of tools and languages: Python (Pandas, XGBoost/LightGBM)
- Ability to see solutions and opportunities that others do not see
- High level of commitment and reliability, good balance of pragmatism and perfectionism
- Business proficiency in English
Bonus if skilled in any of the following tools and/or languages:
- SQL
- Git
- Cloud infrastructure
What we offer
You will be part of a smart, motivated, and driven team that revels in working on challenging problems and finding novel solutions; values our customers and users; and strives to deliver thoughtful and impactful products. You will be surrounded by people that respect each other and the contributions each of us brings. We offer a generous compensation package that includes a base salary, bonus, relocation and housing support along with additional location-based benefits. We accept internship applications year-round for summer and off-cycle periods.
About QuantCo
At QuantCo, we leverage expertise in data science, engineering, and economics to help organizations turn data into decisions. Started by 4 PhDs from Harvard and Stanford, we are now more than 180 professionals with extensive quantitative, engineering, and business experience. We are globally distributed with offices in Berlin, Boston, Cologne, Karlsruhe, London, Munich, San Francisco, and Zurich.
Our solutions include algorithmic pricing, data-driven claims management, and high-dimensional forecasting systems. Our customers include some of the largest financial, retail, and healthcare organizations in the US and Europe. We impact core business processes and decisions by combining advanced data-driven insights with scalable engineering solutions.
We are excited about writing mission-critical code that affects millions of people and impacts billions of dollars. If you feel the same way, we look forward to hearing from you.
QuantCo does not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Similar Jobs
Agency • Professional Services • Consulting
Support the business team with data collection, cleaning, analysis, dashboarding, and predictive modeling to measure and improve the internship program and client outcomes. Deliver visualizations, insights, and documentation to inform strategy and operational efficiency while collaborating with cross-functional teams.
Top Skills:
AsanaExcelJIRANumpyPandasPower BIPythonRSQLStatsmodelsTableauTrello
Artificial Intelligence • Other • Sales • Software
The Data Science Intern will collect and preprocess data, build machine learning models, and assist in deploying models while collaborating with team members.
Top Skills:
NumpyPandasPythonPyTorchScikit-LearnSQLTensorFlow
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Lead day-to-day operations for Short Term Disability and FML claims, managing 60-80 specialists and 4-6 unit managers. Drive operational metrics, quality, service, process and technology improvements, change management, cross-functional partnerships, and full people management including hiring, performance, and development.
What you need to know about the Chicago Tech Scene
With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
