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Quantitative Analyst in Madrid

Hybrid in Madrid·Added 4 months ago (last checked 20 Oct)

Prima Assicurazioni

29 open roles

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Our summary

Salary: €38,000 - €75,000 a year
About €2,360 - €4,180 a month after tax.
Work mode: Hybrid, Madrid
Contract: Permanent
English: Required
Education: University degree
Benefits: Private health insurance, gym access

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Skills

Nice to have

Python

Prima Assicurazioni is hiring for this role in several places. This vacancy is in Madrid.

Requirements

What we're looking for

Strong academic background in Mathematics, Physics, Engineering (Maths, Physics and Computer Science specialisations), Data Science, Computer Science or Statistics;
Strong quantitative, logical and analytical abilities, a solid foundation in statistics, probability and advanced analytics, and a curious, proactive and innovative mindset focused on solving complex problems;
Fluency in English, both spoken and written.

Nice to have

Strong communication skills, with the ability to challenge assumptions, and drive new ideas;
Possess a solid foundation in code development and machine learning, ideally in Python;
Know how to create, manipulate and analyse large datasets.

Please note: this is the same position as the one referred as "Data Scientist" on our career site, posted with different job titles to reach STEM students and graduates who might not know a Data Scientist role suits them.

Pay & benefits

What you'll get

We want to make Prima a happy and empowering place to work. So if you decide to join us, you can expect plenty of perks.

💵 Competitive compensation: Benefit from competitive salaries, starting from €38k up to €75k, with clear opportunities to grow as you do.

🤸 Work Your Way: Enjoy full flexibility - work from home, the office or a mix of both. Plus, work from anywhere for up to 30 days a year.

🏁 Grow with us: We may move fast at Prima, but we move together. Get access to learning resources, mentorship and a growth plan tailored to you.

🌈 Thrive and perform: Your best work begins when you feel your best. Enjoy private healthcare, gym discounts, wellbeing programs and mental health support.

The role

Are you looking for a new challenge?

Fancy helping us shape the future of motor insurance?

Prima could be the place for you.

Since 2015, we've been using our love of data and tech to rethink motor insurance and bring drivers a great experience at a great price. Our story began in Italy, where we've quickly become the number one online motor insurance provider. In fact, we're trusted by over 5 million drivers. And now we're expanding to help millions more drivers in the UK and Spain.

To help fuel that growth, we're looking for Data Scientists to join our Pricing & Underwriting Department, the strategic engine behind Prima's growth.

As part of this global team, you'll play a pivotal role in shaping our strategy and strengthening our competitive edge. Using data, analytical thinking, machine learning and business acumen, you'll help predict the future and set the right prices, keeping our offering both attractive and sustainable. You'll work with your data science tools and skills to bring real-world impact, collaborating with cross-functional teams to turn insights into action and fuel innovation across the company and its different branches.

Excited to make an impact? Here are the details.

What you'll do

Leverage data to identify risks, opportunities and key pricing drivers, turning complex information into actionable insights that influence strategic decision making;
Leverage Machine Learning and advanced analytics to develop risk and pricing models that power real-time insurance pricing for millions of customers;
Contribute directly to the company’s growth and long-term success through innovative modelling, experimentation and commercially impactful insights.

Hiring process

5 steps5 interviews

Meet the talent acquisition partner
With a talent acquisition partner
Get to know each other and discuss your passions, experience and skills.
Meet the technical team
With one or more technical team members
Showcase your expertise and explain how you approach technical challenges with one or more technical team members.
Technical task
Complete a technical task related to the role and demonstrate hands-on problem solving.
Meet the line manager
With a line manager
Discuss soft skills, your approach, company culture and values.
Meet the Executive team or Head of Domain
With an Executive team member or Head of Domain · Not every role
For some roles: leadership abilities, strategic thinking and how Prima can accelerate your career.

About Prima Assicurazioni

Prima Assicurazioni is a technology-driven insurance company founded in 2015 in Milan, Italy. It operates primarily in the non-life insurance sector, offering products such as car, home, and health insurance through a fully digital platform. The company has expanded across Europe, with offices in Italy, the UK, and Spain, and serves over 5 million customers. In 2025, Prima joined the AXA Group, one of the world's largest insurance groups, while maintaining its independent brand and operations.

Industry: Insurance
Founded: 2015
Employees: 1,000–5,000
Headquarters: Milan, Italy
In Spain: Madrid

Good to know if you are moving

Prima has an office in Madrid, Spain, and is actively expanding its Spanish operations.
The company operates in a hybrid or remote-friendly environment, with a focus on tech and data roles.
Prima is part of the AXA Group, offering stability and international career opportunities.
The company values horizontal leadership and collaboration across cultures, making it welcoming for international talent.
Prima's official language for internal communication is English, facilitating integration for non-Spanish speakers.

In their own words

Additional information

Think you're a match? Apply now.

At Prima, we celebrate uniqueness. If you don't meet every requirement but are passionate about this role, we still want to hear from you. Innovation thrives on diverse perspectives.

Prima is proud to be an equal opportunity employer. Need accommodations during the process? Email us at accessible.recruiting@prima.it. Let's build the future of insurance, together.

All open roles at Prima Assicurazioni