Allstate
Associate, Quantitative & Data Analytics
Key aspects of the role:
- Drive sales growth by engaging with interested prospective customers- all while working remote
- No cold calling— Connect through inbound calls and proactive outbound calls with active insurance shoppers
- Enjoy competitive compensation with a base salary + uncapped commissions
- Sell reputable products from Allstate and our family of brands
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
This associate role is within the Risk and Return group of Allstate Investments, rotating between the Quantitative research and Analytics teams. The teams are responsible for embedding quantitative and data driven tools and insights into Allstate’s platforms to support asset allocation, public and private market investing. The teams leverage traditional statistical methods, advanced data science and machine learning algorithms, and generative AI models to integrate quantitative and data-driven insights into fundamental investment (“quantamental”) processes.
The associate will support quantitative research, data sourcing and analysis. This role involves developing and maintaining quantitative investment models, conducting data-driven research, and supporting portfolio optimization across various asset classes. The candidate will collaborate with stakeholders to enhance risk analysis, performance attribution, and data infrastructure, leveraging advanced analytics and machine learning techniques to drive investment insights.
This role is part of Allstate Investments’ two-year development program designed to cultivate future leaders in asset management. While the position is a two-year role, strong performers have been offered the opportunity to transition to a career-track opportunity. Successful associate candidates have also transitioned to roles at competitive firms, corporate development, and matriculated to top business schools. Where we can be helpful, we have leveraged our network in support of these transitions.
KEY RESPONSIBILITIES
- Quantitative Analysis: Conduct in-depth financial and risk modeling, alpha signal research, and algorithm development to support trading strategies and investment decisions.
- Support the development, back testing and performance tracking of quantitatively oriented investment strategies and portfolio optimization for asset allocation, fixed income, public equity and private assets
- Work with risk management system in modeling assets, and assisting portfolio managers to analyze risk for various portfolios
- Maintain and enhance existing credit and equity quant models, optimizers and Quantamental tools
- Work with IT/Infrastructure resources in building and implementing quantitative investment systems and processes
- Data Analysis Analyze large datasets to uncover trends, patterns, and insights that drive business decisions. Utilize machine learning and statistical techniques to enhance data-driven strategies.
- Work with key stakeholders to define data and analytics requirements to support Risk/Return objectives
- Assist in the buildout of performance attribution and risk reporting frameworks
- Apply analytical and quantitative approaches to analyze and process data
- Identify and address data issues within investment tools
- Interface with other investment data owners to ensure consistency across platforms
- Validate calculation logic and quality of vendor analytics
- Perform data analysis to evaluate quality and gaps of new data sources
- Evaluate existing processes to identify opportunities to enhance disparate data
- Identify relevant data required to support the development of Analytics Data Warehouse
EDUCATION AND EXPERIENCE
- Senior pursuing a Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Statistics, or Data Science.
- 0 to 3 years experience in related field.
FUNCTIONAL SKILLS
- Demonstrated analytical and programming skills, with familiarity in SQL, Python, and statistical tools preferred.
- Self-motivated and intellectually curious, with a strong passion for investment management and continuous learning.
- Proven ability to work independently to solve problems within defined tasks, leveraging team support as needed.
- Capable of drawing meaningful insights from data and communicating findings effectively under guidance.
- Strong verbal and written communication skills, with the ability to articulate ideas clearly to investment professionals.
- Experience with data visualization platforms such as Tableau or Power BI is a plus.
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.
At Allstate, it’s all about teamwork, flexibility, and thinking ahead. We all contribute to the bigger picture, combining unique ideas to design innovative, more affordable protection solutions for customers.
We look for candidates with these skills to help us achieve that goal:
Learning agility
Quickly adapt to new situations, continually build new skills, experiment, and embrace new ways of doing things
Customer centricity
Deliver exceptional experience with a customer-first mindset and human-centered design
Digital literacy
Discover and apply emerging digital technology tools, data and insights.
Results-oriented
Start with measurable outcomes and drive results with speed
Inclusive leadership
Integrate diverse viewpoints into decision-making processes to enhance creativity and innovation
Together, we’re all working toward Our Shared Purpose, using our strengths to make a real difference for our people, our customers, our company, and the world around us.
What We Do:
As an expert on our products and services, you can give customers personalized attention and innovative solutions to make their lives easier.
How We Support You:
Starting day one, you’ll have access to resources and incentives to keep you feeling challenged and excited about your careers.
Make An Impact:
As a member of our sales team, you’ll bring a sense of ease and support to customers looking for a better understanding of their protection options. Whether in the field or talking to customers over the phone, you’ll continue to build trust in who we are and what we do.
You’re in Good Hands® is more than a promise we make to our customers. It’s a promise we make to our employees, too.
We want you to love where you work. That starts with the freedom to be yourself. Our workplace flexibility and focus on individuality means everyone is seen, heard and respected.
When you join us, you’ll have the opportunity to push your skills to the next level with access to development programs to support your career aspirations – whatever that means for you. Because as you learn and grow, so do we.
Working here also means getting the chance to make a real impact in your community. We have been driving change for over 90 years, but the mark we leave on the world can be even greater when we work together.
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
This associate role is within the Risk and Return group of Allstate Investments, rotating between the Quantitative research and Analytics teams. The teams are responsible for embedding quantitative and data driven tools and insights into Allstate’s platforms to support asset allocation, public and private market investing. The teams leverage traditional statistical methods, advanced data science and machine learning algorithms, and generative AI models to integrate quantitative and data-driven insights into fundamental investment (“quantamental”) processes.
The associate will support quantitative research, data sourcing and analysis. This role involves developing and maintaining quantitative investment models, conducting data-driven research, and supporting portfolio optimization across various asset classes. The candidate will collaborate with stakeholders to enhance risk analysis, performance attribution, and data infrastructure, leveraging advanced analytics and machine learning techniques to drive investment insights.
This role is part of Allstate Investments’ two-year development program designed to cultivate future leaders in asset management. While the position is a two-year role, strong performers have been offered the opportunity to transition to a career-track opportunity. Successful associate candidates have also transitioned to roles at competitive firms, corporate development, and matriculated to top business schools. Where we can be helpful, we have leveraged our network in support of these transitions.
KEY RESPONSIBILITIES
- Quantitative Analysis: Conduct in-depth financial and risk modeling, alpha signal research, and algorithm development to support trading strategies and investment decisions.
- Support the development, back testing and performance tracking of quantitatively oriented investment strategies and portfolio optimization for asset allocation, fixed income, public equity and private assets
- Work with risk management system in modeling assets, and assisting portfolio managers to analyze risk for various portfolios
- Maintain and enhance existing credit and equity quant models, optimizers and Quantamental tools
- Work with IT/Infrastructure resources in building and implementing quantitative investment systems and processes
- Data Analysis Analyze large datasets to uncover trends, patterns, and insights that drive business decisions. Utilize machine learning and statistical techniques to enhance data-driven strategies.
- Work with key stakeholders to define data and analytics requirements to support Risk/Return objectives
- Assist in the buildout of performance attribution and risk reporting frameworks
- Apply analytical and quantitative approaches to analyze and process data
- Identify and address data issues within investment tools
- Interface with other investment data owners to ensure consistency across platforms
- Validate calculation logic and quality of vendor analytics
- Perform data analysis to evaluate quality and gaps of new data sources
- Evaluate existing processes to identify opportunities to enhance disparate data
- Identify relevant data required to support the development of Analytics Data Warehouse
EDUCATION AND EXPERIENCE
- Senior pursuing a Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Statistics, or Data Science.
- 0 to 3 years experience in related field.
FUNCTIONAL SKILLS
- Demonstrated analytical and programming skills, with familiarity in SQL, Python, and statistical tools preferred.
- Self-motivated and intellectually curious, with a strong passion for investment management and continuous learning.
- Proven ability to work independently to solve problems within defined tasks, leveraging team support as needed.
- Capable of drawing meaningful insights from data and communicating findings effectively under guidance.
- Strong verbal and written communication skills, with the ability to articulate ideas clearly to investment professionals.
- Experience with data visualization platforms such as Tableau or Power BI is a plus.
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.
At Allstate, it’s all about teamwork, flexibility, and thinking ahead. We all contribute to the bigger picture, combining unique ideas to design innovative, more affordable protection solutions for customers.
We look for candidates with these skills to help us achieve that goal:
Learning agility
Quickly adapt to new situations, continually build new skills, experiment, and embrace new ways of doing things
Customer centricity
Deliver exceptional experience with a customer-first mindset and human-centered design
Digital literacy
Discover and apply emerging digital technology tools, data and insights.
Results-oriented
Start with measurable outcomes and drive results with speed
Inclusive leadership
Integrate diverse viewpoints into decision-making processes to enhance creativity and innovation
Together, we’re all working toward Our Shared Purpose, using our strengths to make a real difference for our people, our customers, our company, and the world around us.
What We Do:
Your ability to quickly and calmly make smart decisions can make a huge difference in how confident customers feel throughout the claims process. And as you support our customers, we’re there to support you.
How We Support You:
We empower your success starting day one. You’ll have access to everything you need to grow professionally while helping our customers get their lives back on track.
Make An Impact:
Helping customers with their claims is about learning their stories, not just processing their paperwork. You can take pride in the fact that you’re providing invaluable guidance and helping to build continued trust in our company.
You’re in Good Hands® is more than a promise we make to our customers. It’s a promise we make to our employees, too.
We want you to love where you work. That starts with the freedom to be yourself. Our workplace flexibility and focus on individuality means everyone is seen, heard and respected.
When you join us, you’ll have the opportunity to push your skills to the next level with access to development programs to support your career aspirations – whatever that means for you. Because as you learn and grow, so do we.
Working here also means getting the chance to make a real impact in your community. We have been driving change for over 90 years, but the mark we leave on the world can be even greater when we work together.
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
This associate role is within the Risk and Return group of Allstate Investments, rotating between the Quantitative research and Analytics teams. The teams are responsible for embedding quantitative and data driven tools and insights into Allstate’s platforms to support asset allocation, public and private market investing. The teams leverage traditional statistical methods, advanced data science and machine learning algorithms, and generative AI models to integrate quantitative and data-driven insights into fundamental investment (“quantamental”) processes.
The associate will support quantitative research, data sourcing and analysis. This role involves developing and maintaining quantitative investment models, conducting data-driven research, and supporting portfolio optimization across various asset classes. The candidate will collaborate with stakeholders to enhance risk analysis, performance attribution, and data infrastructure, leveraging advanced analytics and machine learning techniques to drive investment insights.
This role is part of Allstate Investments’ two-year development program designed to cultivate future leaders in asset management. While the position is a two-year role, strong performers have been offered the opportunity to transition to a career-track opportunity. Successful associate candidates have also transitioned to roles at competitive firms, corporate development, and matriculated to top business schools. Where we can be helpful, we have leveraged our network in support of these transitions.
KEY RESPONSIBILITIES
- Quantitative Analysis: Conduct in-depth financial and risk modeling, alpha signal research, and algorithm development to support trading strategies and investment decisions.
- Support the development, back testing and performance tracking of quantitatively oriented investment strategies and portfolio optimization for asset allocation, fixed income, public equity and private assets
- Work with risk management system in modeling assets, and assisting portfolio managers to analyze risk for various portfolios
- Maintain and enhance existing credit and equity quant models, optimizers and Quantamental tools
- Work with IT/Infrastructure resources in building and implementing quantitative investment systems and processes
- Data Analysis Analyze large datasets to uncover trends, patterns, and insights that drive business decisions. Utilize machine learning and statistical techniques to enhance data-driven strategies.
- Work with key stakeholders to define data and analytics requirements to support Risk/Return objectives
- Assist in the buildout of performance attribution and risk reporting frameworks
- Apply analytical and quantitative approaches to analyze and process data
- Identify and address data issues within investment tools
- Interface with other investment data owners to ensure consistency across platforms
- Validate calculation logic and quality of vendor analytics
- Perform data analysis to evaluate quality and gaps of new data sources
- Evaluate existing processes to identify opportunities to enhance disparate data
- Identify relevant data required to support the development of Analytics Data Warehouse
EDUCATION AND EXPERIENCE
- Senior pursuing a Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Statistics, or Data Science.
- 0 to 3 years experience in related field.
FUNCTIONAL SKILLS
- Demonstrated analytical and programming skills, with familiarity in SQL, Python, and statistical tools preferred.
- Self-motivated and intellectually curious, with a strong passion for investment management and continuous learning.
- Proven ability to work independently to solve problems within defined tasks, leveraging team support as needed.
- Capable of drawing meaningful insights from data and communicating findings effectively under guidance.
- Strong verbal and written communication skills, with the ability to articulate ideas clearly to investment professionals.
- Experience with data visualization platforms such as Tableau or Power BI is a plus.
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.
At Allstate, it’s all about teamwork, flexibility, and thinking ahead. We all contribute to the bigger picture, combining unique ideas to design innovative, more affordable protection solutions for customers.
We look for candidates with these skills to help us achieve that goal:
Learning agility
Quickly adapt to new situations, continually build new skills, experiment, and embrace new ways of doing things
Customer centricity
Deliver exceptional experience with a customer-first mindset and human-centered design
Digital literacy
Discover and apply emerging digital technology tools, data and insights.
Results-oriented
Start with measurable outcomes and drive results with speed
Inclusive leadership
Integrate diverse viewpoints into decision-making processes to enhance creativity and innovation
Together, we’re all working toward Our Shared Purpose, using our strengths to make a real difference for our people, our customers, our company, and the world around us.
You’re in Good Hands® is more than a promise we make to our customers. It’s a promise we make to our employees, too.
We want you to love where you work. That starts with the freedom to be yourself. Our workplace flexibility and focus on individuality means everyone is seen, heard and respected.
When you join us, you’ll have the opportunity to push your skills to the next level with access to development programs to support your career aspirations – whatever that means for you. Because as you learn and grow, so do we.
Working here also means getting the chance to make a real impact in your community. We have been driving change for over 90 years, but the mark we leave on the world can be even greater when we work together.
Benefits
Experience the benefits that make Allstate a great place to work.
*Benefits vary based on position.
- Medical, dental and vision coverage
- HSAs and FSAs
- Wellbeing programs
- Free therapy sessions
- 401(k) plan
- Pension plan
- Free financial counseling
- Paid time off
- Work flexibility
- Talent shares
- Tuition reimbursement
- Learning opportunities
For a full description of Allstate’s benefits visit our benefits page
Start making a difference
Realize your full potential by doing
work that matters.
Grow your career in meaningful ways.
We want to make sure you have every opportunity to grow, explore new horizons and follow your passion in a meaningful career. It’s an exciting time to join Allstate. Help us shape the future.