Intermediate Quantitative Analyst

Job Description This role is responsible for performing quantitative analysis and research within the Risk and Return group of Allstate Investments. The primary focus is private markets research and modeling, with additional exposure to asset allocation and multiasset research. The role supports the development of quantitative models used in private asset research, portfolio construction, and strategic asset allocation. The position is hybrid-based out of our Chicago office. Key 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 multiasset 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 Job Qualifications Experience in statistical analysis and modeling, particularly time series analysis and back testing of investment strategies Exposure to private markets analytics (private equity, private credit, real assets), including cash flow or return modeling, a plus 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; Linux experience is 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 is a plus Strong problem-solving skills and ability to manage multiple priorities Strong oral and written communication skills Supervisory Responsibilities This job does not have supervisory duties Education and Experience 2+ years of experience in quantitative investment research; experience with multiasset or private markets research preferred Advanced degree in quantitative disciplines such as Quantitative Finance, Computer Science, Mathematics, Statistics, Econometrics, or a related field Certifications, Licenses, Registrations CFA designation is a plus Compensation Base compensation offered for this role is $124,000.00 - $165,000.00 annually, based on experience and qualifications. Total compensation includes base and applicable AIP. Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home receive a monthly connectivity reimbursement. Working from home requires a dedicated workspace, reliable internet with minimum speeds of 50 MB download and 5 MB upload. Additional Information Candidate(s) offered this position will be required to submit to a background investigation. Allstate generally does not sponsor individuals for employment-based visas for this position. Equal Employment Opportunity It is the Company's policy to employ the best qualified individuals available for all jobs. Discriminatory action based on ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, military or veteran status, national origin, race, religion, sex or other status adversely affecting terms or conditions of employment is prohibited. #J-18808-Ljbffr Allstate Insurance