Intermediate Quantitative Analyst

Allstate•Chicago, IL

1d•Hybrid

About The Position

This role is responsible for performing quantitative analysis and research within the Risk and Return group of Allstate Investments. The primary focus of this role is private markets research and modeling, with additional exposure to asset allocation and multi-asset research. The role will support the development of quantitative models used in private asset research, portfolio construction, and strategic asset allocation. This role is hybrid based out of our Chicago office. Allstate will not sponsor individuals for employment-based visas for this opportunity.

Requirements

Experience in statistical analysis and modeling, particularly time-series analysis and back testing of investment strategies
Experience working with large-scale datasets and research pipelines
Solid understanding of financial markets, statistics, and econometric analysis
Good understanding of factor investing, asset valuation, and portfolio construction
Strong programming experience in Python and SQL
Strong problem-solving skills and ability to manage multiple priorities
Strong oral and written communication skills
2+ years of experience in quantitative investment research
Advanced degree in quantitative discipline such as Quantitative Finance, Computer Science, Mathematics, Statistics, Econometrics, or a related field

Nice To Haves

Exposure to private markets analytics (e.g., private equity, private credit, real assets), including cash flow or return modeling, a plus
Linux experience a plus
Experience with market data vendors such as Bloomberg, Capital IQ, Preqin, Burgiss, or similar platforms
Experience with machine learning and applied AI techniques a plus
Experience with multi-asset or private markets research preferred
CFA designation a plus

Responsibilities

Lead independent quantitative model development, managing project timelines and deliverables end-to-end
Research and develop models related to private markets, including return and cashflow modeling, portfolio analytics, and cross-asset integration
Contribute to asset allocation and multi-asset research, including risk/return modeling and scenario analysis
Maintain and enhance existing quantitative research infrastructure and models
Communicate research findings and model results clearly to the research team and broader stakeholders