Senior Quantitative Analyst

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. Job DescriptionThis role is responsible for performing quantitative analysis and research in the Risk and Return group of Allstate Investments.Area of primary focus is fixed income corporate credit (Investment Grade & High Yield Corporates), Municipals and Bank Loans, in addition treasuries. Approximately $45B fixed income portfolio is actively managed and leverages quantitative tools to generate differentiated performance. This role will be responsible for researching and implementing alpha signals, optimization tools and process diagnostics to enhance fixed income processes. In addition, the role will touch on diverse areas such as risk and portfolio reporting, performance measurement, attribution, investment technology and infrastructure, and asset-liability management.KEY 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. SUPERVISORY RESPONSIBILITIESThis job does not have supervisory duties. EDUCATION AND EXPERIENCE 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 FUNCTIONAL SKILLS 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 #LI-MC1 SkillsAdvanced SQL, BlackRock Aladdin, Bloomberg Platform, Fixed Income Investments, MATLAB, Python (Programming Language), Quantitative ResearchCompensation Base compensation offered for this role is $169,000.00 -218,000.00 annually and is based on experience and qualifications.* Total compensation for this role is comprised of several factors, including the base compensation outlined above, plus incentive pay and AIP as applicable for the roleThe candidate(s) offered this position will be required to submit to a background investigation. Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you.Joining our team means being part of something bigger – a winning team making a meaningful impact. Allstate generally does not sponsor individuals for employment-based visas for this position. Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance. For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance. To view the “EEO KnowYour Rights” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs. To view the FMLA poster, click “here”.This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint. It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited.This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment. At Allstate, we work hard to help people live a good life every day. Allstaters are dedicated to serving clients, customers, and communities, which allows employees to find meaning and value in their work. Allstate offers an environment that fosters innovative thinking where you’ll be able to explore your ideas and feel proud of the work you do.Allstate helps protect nearly 16 million households with auto, home, life, and retirement products. We want every professional connected to Allstate to be committed to giving our customers the best and that means finding the best talent. We want you to be our next great addition. It’s easy to search and apply for a new opportunity with Allstate. Simply use the links below to identify the openings that interest you. About Us Apply tot his job