Investments Quantitative Analyst
- Employer
- Allstate Insurance Company
- Location
- Chicago, Illinois
- Salary
- Salary commensurate with experience. Allstate offers competitive benefits, 401k match and pension
- Closing date
- Jul 11, 2021
View more
- Job Function
- Equities Research: Buy Side, Fixed Income Research: Buy Side, Hedge Funds, Insurance, Performance Analysis, Risk Management
- Industry Sector
- Asset Management, Insurance, Investment Bank
- Certifications
- Passed CFA Level I
- Employment Type
- Full Time
- Education
- Bachelors
Job Details
The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.
You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.
Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.
Job Summary
This role is responsible for performing quantitative analysis and research within the Risk and Return group of Allstate Investments. Areas of primary focus include quantitative research, bottom up security selection and top down model building, asset allocation, factor investing and econometric modeling. The role will assist with research, development of systematic investment strategies and portfolio optimization.
Responsibilities
- Assist senior quantitative analysts with development and back testing of quantitatively oriented investment strategies
- Research, construct and track performance of alternative risk premia based portfolios
- Assist with systematic fixed income, equity and quantitative research
- Build, maintain and enhance optimization models
- Mentor junior analysts as needed
Job Qualifications
- 5+ year experience with quantitative investment research or a PhD in Econometrics or Advanced Mathematics, Statistics or similar quantitative or Engineering/Science fields
- Desired credentials include experience in statistical analysis and modeling, especially modeling of timeseries data and back testing of investment strategies
Skills Required
Solid understanding of financial markets, statistics and econometric analysis
Good understanding of factor investing, asset valuation and portfolio construction
Strong computer skills and programming experience in Python or Matlab, SQL
Graduate in STEM Category.
Strong problem-solving skills and the ability to meet tight deadlines
Strong oral and written communication skills
CFA or progress towards CFA a plus
Company
Where good people build rewarding careers.
Think that working in the insurance field can’t be exciting, rewarding and challenging? Think again. You’ll help us reinvent protection and retirement to improve customers’ lives. We’ll help you make an impact with our training and mentoring offerings. Here, you’ll have the opportunity to expand and apply your skills in ways you never thought possible. And you’ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.
- Website
- https://www.allstate.com/careers.aspx
- Telephone
- 847-402-0453
- Location
-
2775 Sanders Rd
Ste. A1E
Northbrook
IL
60062
US
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