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Allstate · 1 day ago

Senior Quantitative Analyst

Chicago, IL

Full-time

Onsite

Senior Level, Lead/Staff

$169K/yr - $218K/yr

8+ years exp

Allstate is a company that has been protecting families and their belongings for over 90 years. They are seeking a Senior Quantitative Analyst to perform quantitative analysis and research in their Risk and Return group, focusing on fixed income corporate credit and enhancing fixed income processes.

BankingFinanceFinancial ServicesInsuranceInsurTechVenture Capital

No H1B

Responsibilities

Lead research, design, and implementation of quantitative alpha models for systematic and factor investing for fixed income asset classes

Advance quantitative research, develop new research pipelines, manage timelines and deliverables, introduce innovative use cases for quantitative insights and tools. Provide thought leadership in the areas of quantitative fixed income investing to investment committees. Incorporate AI/ML/LLM technologies in the quantitative toolkit

Interact with asset class leads, senior portfolio managers and fundamental research analysts to identify research topics spanning alpha signals and portfolio construction

Effectively communicate modeling results and research topics to senior investment leaders and Quantitative Steering Committee

Mentor and develop junior members of the quantitative team

Support and enhance existing quantitative models and associated applications. Collaborate with the production support team as needed to resolve any production-related issues

Address portfolio manager and research analyst inquiries related to models, providing timely and thorough responses

Qualification

Quantitative ResearchFixed Income InvestmentsMachine LearningPythonSQLMATLABFinancial ModelingRisk ManagementStatistical AnalysisCommunication SkillsProblem-Solving Skills

Required

Master's or PhD in STEM or analytical finance/econometrics

8+ year experience in asset management or investing (buy/sell side) building quantitative models for alpha generation

Fixed Income experience, specifically in corporate bonds preferred

Experience in Machine Learning and Big Data techniques

CFA or progress towards CFA a plus

Solid understanding of financial markets, financial modeling, risk management, econometric analysis and numerical methods

Strong problem-solving skills and the ability to meet tight deadlines

Strong oral and written communication skills

Expertise in statistical analysis and modeling, particularly in modeling time series data and backtesting investment strategies. Proficiency with large scale data processing

Working knowledge of factor investing, asset valuation and portfolio construction

Strong computer skills and programming experience in Python, SQL. Matlab experience a plus

Familiarity with Bloomberg, Aladdin, Capital IQ, and other market data vendors

Advanced SQL

BlackRock Aladdin

Bloomberg Platform

Fixed Income Investments

MATLAB

Python (Programming Language)

Quantitative Research