Intermediate Multi-Asset Analyst

Allstate • Chicago, IL

1d • $110,000 - $140,000

About The Position

Allstate’s Multi-Asset group manages an active asset allocation process across Allstate’s $80 billion portfolio. The process combines macroeconomic insight, disciplined cross asset research, and an active capital allocation process to drive strategic and tactical investment decisions across public and private markets. The team collaborates with internal public and private investment PMs as well as leverages external investment opportunities. The capital allocation process has been a key ingredient to Allstate’s investment success and active portfolio management has been recognized externally relative to our competitors. The Intermediate Analyst role in the Multi-Asset group involves working closely with the team to help shape the team’s macro views, identify cross-asset opportunities, and translate insights into actionable portfolio recommendations through fundamental and quantitative analysis.

Requirements

• Bachelor’s degree (prefeed)
• 2+ year experience within finance industry; Fundamental and quantitative experience in Fixed Income, Equity or Multi-asset investing preferred
• Experience in portfolio decision making preferred, including supporting a portfolio manager in active risk-taking decisions, or independently managing investment risk
• Solid understanding of fixed income and equity asset classes, portfolio construction, and economic cycles
• Ability to convey market views and investment recommendations
• Strong quantitative skills, proficient in modeling
• Strong visualization skills (charting investment narratives and analysis)
• Advanced Excel and PowerPoint skills, Bloomberg
• Strong interpersonal skills and willingness to be a reliable team player, build trust and confidence through collaboration with a wide range of internal and external colleagues
• Ability to work independently; efficiently prioritize workstreams
• Strong work ethic and communication skills

Nice To Haves

• CFA designation or candidacy a plus

Responsibilities

• Assist with enhancing Investments’ strategic (SAA) and tactical asset allocation (TAA) process, including quantitative and qualitative frameworks, cross asset market monitors and economic regime signals. Efforts will span equities, fixed income, alternatives, derivative overlay and regional allocations across a variety of asset classes
• Identify and evaluate internal and external active risk opportunities to further enhance risk adjusted returns of the portfolio versus the Enterprise strategic asset allocation
• Conduct independent cross asset research to identify new relative value or allocation approaches
• Support development of tactical asset allocation (TAA) trade thesis trackers to drive and improve decision making processes
• Create clear, compelling visualizations of investment themes, asset‑class dynamics, and portfolio insights for our Capital Allocation Forum meetings.
• Analyze portfolio exposures and sensitivities (e.g. Duration, Spread duration, Equity beta, Risk factor decomposition, etc) to ensure alignment with the current investment thesis.
• Support the investment culture of the team. Contribute best practices and lessons learned to the broader team’s portfolio construction efforts

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level