Lead Quantitative Analyst

At Allstate, we believe in the power of working together to safeguard families and their possessions from life's uncertainties. For over 90 years, our commitment to innovation has allowed us to stay ahead of our customers' ever-evolving needs. From promoting safety measures to being a frontrunner in pricing sophistication, telematics, and advanced protective services, we are dedicated to delivering excellence.

This pivotal role involves conducting in-depth quantitative analysis and research within the Risk and Return group of Allstate Investments. Focusing on fixed income corporate credit (Investment Grade & High Yield Corporates), Municipals, Bank Loans, and treasuries, you will manage a robust fixed income portfolio valued at approximately $45B. Your expertise will drive the development and application of quantitative tools to create differentiated performance.

Key Responsibilities

• Lead the design, research, and implementation of quantitative alpha models for systematic and factor investing in fixed income asset classes.
• Enhance quantitative research efforts, develop new pipelines, and manage timelines to introduce innovative solutions in quantitative insights and tools. Share thought leadership on quantitative fixed income investing with investment committees.
• Collaborate with asset class leaders, senior portfolio managers, and research analysts to identify critical research topics related to alpha signals and portfolio construction.
• Effectively communicate research findings and model results to senior investment leaders and the Quantitative Steering Committee.
• Mentor and guide junior team members within the quantitative team.
• Support and improve existing quantitative models and related applications, working with the production support team to resolve any issues.
• Address inquiries from portfolio managers and research analysts regarding quantitative models, ensuring timely and comprehensive responses.

Supervisory Responsibilities

Education and Experience :

Master's or PhD in STEM, analytical finance, or econometrics, with a minimum of 8 years of experience in asset management or investing (buy / sell side) focused on building quantitative models for alpha generation. Fixed Income experience, particularly in corporate bonds, is preferred. Familiarity with Machine Learning and Big Data techniques is a plus, along with CFA certification or progress towards it.

Functional Skills :

Compensation : The base compensation for this role is between $169,000.00 and $218,000.00 annually, based on experience and qualifications. The total compensation includes base salary, incentive pay, and applicable AIP.

Successful candidates for this position will undergo a background investigation.

Joining our team is more than just a job; it's an opportunity to elevate your skills and challenge conventional thinking. You will play a vital role in shaping the future of protection while supporting causes that matter to you. Be a part of a winning team dedicated to 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 for an employer to discriminate against a prospective employee based on their status as a veteran by refusing employment because they are a veteran of the U.S. armed forces, a member of the Indiana National Guard, or a member of a reserve component.