ChicagoRecruiter
the smart solution for Chicago jobs

Investment Quantitative Analyst

Company: Allstate Insurance Company
Location: Chicago, IL
Posted on: October 26, 2018

Job Description:

Position: Investment Quantitative Analyst (Chicago, Illinois)
Duties: Will develop quantitative models that inform Allstate's asset and
risk allocation decisions; develop value-adding tools to enhance risk and
asset allocation processes; use quantitative techniques to forecast returns
and risks for traditional asset classes and alternative investment
strategies; partner with the Risk Management team to model, understand, and
manage the risk in Allstate's investment portfolios; perform modeling and
measurement of full range of investment risks, including interest rate,
credit, equity, currency, counterparty, and liquidity; communicate model
results and findings to the broader organization and to senior management;
build and support surveillance tools, valuation models and perform
quantitative research in different asset classes including fixed income and
equity; partner with the Risk Management team for quantitative credit risk,
market risk and private asset risk modeling and monitoring; perform
modeling alternative assets, build default and transition forecasts and
assist the credit risk team to build and interpret risk reports using
Allstate's existing risk systems; oversee market and credit risk models;
interact with key stakeholders from Credit Risk, Portfolio Management and
Research to build knowledge to identify risk and return drivers, design and
run periodic reports and/or models that provides analysis of these drivers;
use big data techniques such as machine-learning, neural networks and deep
learning to build models and processes to add value to investment
processes; conduct research on volatility and correlation forecasting using
various statistical and econometric techniques; and interface with asset
managers and insurance clients to understand market risks and
opportunities; Build and tune optimization models using optimizers such
as CPLEX or GUROBI.

Requirements: Master's degree (or higher) in operations research, financial
engineering, mathematics, or related field (willing to accept foreign
education equivalent) plus three years' experience programming in Matlab,
SQL and python in the financial markets, financial modeling, risk
management, optimization, statistics and numerical methods, and
quantitative investments research domains. Specific skills/other
requirements (quantitative experience requirements not applicable to this
section) – must have Demonstrated expertise (DE) designing and executing
mixed-integer optimizations and finding optimal solutions for problems
subject to constraints with optimization engines such as CPLEX or Gurobi;
DE applying machine learning techniques such as logistic regression,
decision trees and neural networks to build a statistical model based on
observations and the ability to predict responses; DE in Statistics &
Timeseries analysis: Multivariate Regressions, Hypothesis testing, GARCH
models, ARMA models, Cointegration, and Random Variables & Distributions;
DE performing Risk and Return analysis of portfolios and financial markets
for multi-asset portfolios in global markets; Requires CFA completed or L
Level III CFA Candidate; experience may be gained in graduate program. A
Apply online at https://jobsearch.allstate.com/ and reference position n
number: 112530.

Keywords: Allstate Insurance Company, Chicago , Investment Quantitative Analyst , Other , Chicago, IL, Illinois


Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Other Jobs


(CDL-A Required) OTR Truck Driver - Make $55k - $60k+ !
Description: About J.B. HuntJ.B. Hunt Transport, Inc. is a Fortune 500 company that specializes in freight shipping for large and small businesses. A top-ranked third party logistics 3PL provider and one of the (more...)
Company: JB Hunt
Location: Clarendon Hills
Posted on: 11/19/2018

Now Interviewing
Description: Now Interviewing America's 1 Consumer driven health care company is looking for motivated people who will lead the way in health care for the next decade
Company: Ameriplan
Location: Orland Park
Posted on: 11/19/2018

Personal Banker - Chicago Loop
Description: The personal banker develops new business and expands existing customer relationships by promoting the banks products and services to fulfill customer needs. Responsibilities include: Opening, closing, (more...)
Company: Wintrust Financial
Location: Chicago
Posted on: 11/19/2018


Current College Students - User Support Associate (Part-Time)
Description: Our users mean everything to us. We are looking for someone who can lead the charge to make sure that every person who interacts with WayUp ends up happy. As a user support associate, you will be the
Company: WayUp
Location: Chicago
Posted on: 11/19/2018

Warehouse Associate
Description: Move the freight that moves the world forward. At XPO Logistics, one of the world's leading logistics and transportation companies, we provide the solutions that organizations around the globe count on. (more...)
Company: XPO Logistics, Inc.
Location: Bolingbrook
Posted on: 11/19/2018

Transcriber for Law Enforcement Audios (Remote - Work From Home)
Description: Net Transcripts is looking for many vendors / independent contractors who have experience transcribing audio content of criminal investigations, court proceedings, law enforcement interviews,
Company: Net Transcripts
Location: Chicago
Posted on: 11/19/2018

Hair and Nail Stations for Rent Full or Part Time
Description: Hair Nail Stations for Rent Set your own schedule Access to your chair 7 days a week 7am-10pm Book your clients the way you
Company: AMC/AnnMarieCairo Hair & Spa
Location: Orland Park
Posted on: 11/19/2018

Amazon Contracted Delivery Associate
Description: Company Name: Delivery Service Partners br Job title - Delivery Service Provider br You make delivering smiles possible ul li Be a driver for a local Delivery Service Partner delivering Amazon
Company: Amazon Contracted Delivery Service Partner
Location: Schaumburg
Posted on: 11/19/2018

Commercial Loan Processor
Description: US-IL-Lombard Category Lending - Commercial Type Regular Full-Time Responsibilities This is a Full Time non-exempt/hourly position. Summary: Responsible for all activities required to process and service (more...)
Company: West Suburban Bank
Location: Lombard
Posted on: 11/19/2018

Current College Students - User Support Associate (Part-Time)
Description: Our users mean everything to us. We are looking for someone who can lead the charge to make sure that every person who interacts with WayUp ends up happy. As a user support associate, you will be the
Company: WayUp
Location: Hammond
Posted on: 11/19/2018

Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds