Senior Quantitative Analyst

Job Description

Senior Quantitative Analyst role ponsible for performing quantitative analysis and research in the Risk and Return group of Allstate Investments. Primary focus: fixed income corporate credit (Investment Grade & High Yield Corporates), Municipals, Bank Loans, treasuries. Managing ~$45B fixed income portfolio and using quantitative tools to generate differentiated performance. Research and implement alpha signals, optimization tools, and process diagnostics. Touches on risk, reporting, attribution, investment technology, infrastructure, and ALM.

• Lead research, design, and implementation of quantitative alpha models for systematic and factor investing in fixed income asset classes.
• Advance quantitative research, develop new pipelines, manage timelines, introduce innovative use cases, and incorporate AI/ML/LLM technologies.
• Interact with asset class leads, senior portfolio managers, and fundamental analysts to identify research topics spanning alpha signals and portfolio construction.
• Effectively communicate modeling results and research topics to senior leaders and the Quantitative Steering Committee.
• Mentor and develop junior team members.
• Support and enhance existing quantitative models and applications, collaborating with production support to resolve issues.
• Address inquiries from portfolio managers and research analysts regarding models.

• This role does not have supervisory duties.

• Master’s or PhD in STEM or analytical finance/econometrics.
• 8+ years in asset management or investment (buy/sell side) building quantitative models for alpha generation.
• Fixed income experience, especially corporate bonds.
• Experience in Machine Learning and Big Data techniques.
• CFA or progress towards CFA is a plus.

• Solid understanding of financial markets, modeling, risk management, econometric analysis, and numerical methods.
• Strong problem‑solving skills and ability to meet tight deadlines.
• Excellent oral and written communication.
• Expertise in statistical analysis and modeling, particularly 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.

Advanced SQL, Black Rock Aladdin, Bloomberg Platform, Fixed Income Investments, MATLAB, Python (Programming Language), Quantitative Research.

Base compensation: $ – $ annually, based on experience and qualifications. Total compensation includes base, incentive pay, and AIP as applicable.

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. Allstate is committed to a non‑discriminatory practice in hiring and employment. The Company’s policy prohibits discrimination on the basis of ancestry, age, color, disability, genetic information, gender identity, gender expression, sexual orientation, marital status, medical condition, military or veteran status, national origin, race, religion, sex, or sexual and reproductive health decisions.

This policy applies to all aspects of the employment relationship, including hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

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