Investments Quantitative Analyst Intern

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 Description

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

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. 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 successful track record in large part to the quality of our people. The size of the investment group exceeds 300 individuals across a variety of investment 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 Investments’ 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 private investing, and risk allocations. The candidate will be working alongside of our quantitative researchers, responsible 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. Monday 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