Home > Salary > Kuwait > Quantitative Analyst Finance
A quantitative analyst in finance is a highly skilled professional who applies mathematical and statistical techniques to analyze and solve complex financial problems. They use their expertise to develop and implement models, algorithms, and trading strategies to optimize investment decisions, risk management, and portfolio management. Quantitative analysts work closely with traders, portfolio managers, and other stakeholders to provide insights and recommendations based on rigorous analysis of financial data. They utilize programming languages such as Python, R, and MATLAB to manipulate and analyze large datasets and develop sophisticated financial models. Strong analytical and problem-solving skills are crucial for this role, as well as a thorough understanding of financial markets and instruments. The occupation of a quantitative analyst in finance requires continuous learning and staying updated with the latest developments in quantitative finance, as well as excellent communication skills to effectively communicate complex ideas to non-technical stakeholders.
Estimated Yearly Salary: 78,767 KWD
Estimated Monthly Salary: 6,564 KWD
Estimated Weekly Salary: 1,515 KWD per week
Estimated Hourly Salary: 38 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,322 KWD
Estimated Weekly Salary: 1,459 KWD per week
Estimated Hourly Salary: 36 KWD per hour
Last revision of data: 2024-02-07
Estimated Yearly Salary: 26,226 USD
Estimated Monthly Salary: 2,186 USD
Estimated Weekly Salary: 504 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 78,767 KWD
Estimated Monthly Salary: 6,564 KWD
Estimated Weekly Salary: 1,515 KWD per week
Estimated Hourly Salary: 38 KWD per hour
By working as Quantitative Analyst Finance a person can save up to 586 USD per month or 7,026 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Quantitative Analyst Finance
Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Analyst Finance salary in Kuwait
Average Yearly Salary of Quantitative Analyst Finance in Kuwait is approximately 78,767 KWD (26,226 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Quantitative Analyst Finance do?

Skills: Quantitative Analyst, Finance, Mathematical Modeling, Risk Management, Portfolio Management, Financial Markets
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst Finance make?
Salary details
How much does Quantitative Analyst Finance make?Estimated Yearly Salary: 78,767 KWD
Estimated Monthly Salary: 6,564 KWD
Estimated Weekly Salary: 1,515 KWD per week
Estimated Hourly Salary: 38 KWD per hour
Comparing salary to last year:
Estimated Yearly Salary: 75,864 KWDEstimated Monthly Salary: 6,322 KWD
Estimated Weekly Salary: 1,459 KWD per week
Estimated Hourly Salary: 36 KWD per hour
Quantitative Analyst Finance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 26,226 USD
Estimated Monthly Salary: 2,186 USD
Estimated Weekly Salary: 504 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Finance job salary compared to average salary in Kuwait.
Comparison shows that a person working as Quantitative Analyst Finance in Kuwait earns on average:
6.4 times the average salary (or 640% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Finance job salary compared to average salary in Kuwait.
Comparison shows that a person working as Quantitative Analyst Finance in Kuwait earns on average:
6.4 times the average salary (or 640% of average salary).
Is Quantitative Analyst Finance a well paid job?
Yes, our data shows that Quantitative Analyst Finance is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Quantitative Analyst Finance?
High salary for Quantitative Analyst Finance would be somewhere between 86,644 KWD and 114,212 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Finance in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 78,767 KWD
Estimated Monthly Salary: 6,564 KWD
Estimated Weekly Salary: 1,515 KWD per week
Estimated Hourly Salary: 38 KWD per hour
By working as Quantitative Analyst Finance a person can save up to 586 USD per month or 7,026 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Quantitative Analyst Finance
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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Random salary:
Guidance counselor secondary school (34,216 KWD per year, pre-tax.)
Regulatory coordinator (42,728 KWD per year, pre-tax.)
Underwriting analyst (38,804 KWD per year, pre-tax.)
Cad supervisor (50,576 KWD per year, pre-tax.)
Army corporal infantry (mechanized) (18,928 KWD per year, pre-tax.)
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