Investments Quantitative Analyst Intern

Allstate Insurance Company

3.2

(29)

Chicago, IL

Why you should apply for a job to Allstate Insurance Company:

  • 76% say women are treated fairly and equally to men
  • 56% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

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    Position summary

    where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

    Everything we do at Allstate is driven by a shared purpose: to protect people from life's uncertainties so they can realize their hopes and dreams. For more than 89 years we've thrived by staying a step ahead of whatever's coming next - to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We've been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.

    Allstate Investments manages approximately $66 billion in assets. Our goal is to provide sustainable, competitive, risk-adjusted investment returns and investment related services for the benefit of The Allstate Corporation. We attribute our succe ssf ul track record in large part to the quality of our people. The size of the investm ent gr oup exceeds 300 individu als acros s a variety o f inve stment disciplines including fixed income, equities, private securities, commercial mortgages and derivative asset classes, as well as finance and technology. We recognize that our employees are our ultimate advantage, and we seek to attract and retain highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged. You'll do all this in an environment of excellence and the highest ethical standards - a place where values such as integrity, inclusive diversity and accountability are paramount.

    As part of Allstate Invest ments ' Risk and Return Group, The Quantitative Research team supports the broad quantitative investment research by collaborating with portfolio management team and providing data analytics, quantitative modeling and investment strategy research covering a wide range of investment mandates, including asset allocation, public and pri vate investing, an d risk allocations. The candidate will be working alongside of our quantitative research ers , respo nsibl e for assisting various phases of quantitative research process, such as data modeling, statistical analysis, performance tracking, and signal research. The candidate will participate in research meetings, project review sessions, and investment forum, gaining exposure to various stages of the investment life cycle.

    This is a hybrid internship: Tuesday, Wednesday and Thursday in our downtown River Point office collaborating with the team in person. Mon day and Friday will be remote.

    KEY RESPONSIBILITIES

    • Quantitative Research and Modeling for public and private markets

    • Support Analytical Platforms and Daily Model Production

    • Data Science and Data Strategy development for Investment Analytics

    • Identifies busines s needs by synthesizing information through research, working session outputs and direction from more senior team members

    • Helps design presentations and communicates effectively to leadership

    • Works cooperatively on cross-functional teams

    EDUCATION AND EXPERIENCE

    • Pursuing a Bachelor's degree in Finance , Accounting, Economics, Mathematics, Statistics, or Data Science; must be a full-time student the semester following the internship

    FUNCTIONAL SKILLS

    • Passion in investment management industry

    • Ability to think strategically, anticip ate ba sic reso urce needs, establish objectives , set priorities, identify resource requirements, define dependencies and schedule activities, and understand Allstate's strategic direction

    • Strong analytical skills; experience with SQL, Python and Statistics

    • Ability to solve problems within scope of responsibilities

    • Ability to draw conclusions and make recommendations based on data

    • Ability to maintain relationships with business and stakeholders as needed to accomplish assigned tasks

    • Effective communication skills

    Skills

    Compensation

    The 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 is the Law' 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.

    Why you should apply for a job to Allstate Insurance Company:

  • 76% say women are treated fairly and equally to men
  • 56% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.