Allstate is a leading company that has been innovating for over 90 years to protect families and their belongings. They are seeking an Associate in Quantitative & Data Analytics to support quantitative research, data sourcing, and analysis while collaborating with stakeholders to enhance risk analysis and investment insights.
Conduct in-depth financial and risk modeling, alpha signal research, and algorithm development to support trading strategies and investment decisions.
Support the development, back testing and performance tracking of quantitatively oriented investment strategies and portfolio optimization for asset allocation, fixed income, public equity and private assets.
Work with risk management system in modeling assets, and assisting portfolio managers to analyze risk for various portfolios.
Maintain and enhance existing credit and equity quant models, optimizers and Quantamental tools.
Work with IT/Infrastructure resources in building and implementing quantitative investment systems and processes.
Analyze large datasets to uncover trends, patterns, and insights that drive business decisions.
Utilize machine learning and statistical techniques to enhance data-driven strategies.
Work with key stakeholders to define data and analytics requirements to support Risk/Return objectives.
Assist in the buildout of performance attribution and risk reporting frameworks.
Apply analytical and quantitative approaches to analyze and process data.
Identify and address data issues within investment tools.
Interface with other investment data owners to ensure consistency across platforms.
Validate calculation logic and quality of vendor analytics.
Perform data analysis to evaluate quality and gaps of new data sources.
Evaluate existing processes to identify opportunities to enhance disparate data.
Identify relevant data required to support the development of Analytics Data Warehouse.
Qualification
Required
Senior pursuing a Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Statistics, Data Science or related.
Demonstrated analytical and programming skills, with familiarity in SQL, Python, and statistical tools preferred.
Self-motivated and intellectually curious, with a strong passion for investment management and continuous learning.
Proven ability to work independently to solve problems within defined tasks, leveraging team support as needed.
Capable of drawing meaningful insights from data and communicating findings effectively under guidance.
Strong verbal and written communication skills, with the ability to articulate ideas clearly to investment professionals.
Preferred
Experience with data visualization platforms such as Tableau or Power BI is a plus.
Benefits
Allstate is an insurance company that offers car, home, and life insurance services. It is a sub-organization of Allstate.
