Investment Data & Analytics Intermediate Analyst

Allstate Insurance; Chicago (IL); Hybrid; USD 105,500 - 153,500; Full time

Benefits offered by this job

Connectivity reimbursement

Private workspace setup

Company equipment provided

Job summary

Allstate Insurance seeks an analytical investment analytics professional to join the Investments team in a hybrid Chicago-based role. You will design analytics, investigate complex issues, and support decision-making across risk, performance, asset allocation, and research.

Responsibilities include building analytics pipelines, collaborating with portfolio managers, and integrating data from sources like Aladdin, Bloomberg, and S&P.

Qualifications

• 3+ years in hands-on investment analytics, data, or related role
• Fixed-income expertise familiarity (credit, municipals, rates)
• Insurance asset management experience is a plus

Responsibilities

• Collaborate on analytics solutions to assess performance, risk, and portfolio positioning
• Partner with portfolio managers and senior leaders to identify workflow gaps and build analytics-driven solutions
• Redesign legacy processes to improve transparency and scale
• Integrate new data sources and vendors into investment workflows
• Troubleshoot analytical outputs across performance, risk, and portfolio analytics
• Transform ad-hoc analyses into repeatable tools and data solutions

Skills

SQL

Python

Tableau

Investment

Asset Management

Tools

Aladdin

Bloomberg

S&P

CreditScope

Intex

Octus

Job description

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

Allstate Investments manages approximately $85 billion of assets. Our goal is to provide sustainable, competitive, risk‑adjusted investment returns and investment‑related services for the benefit of The Allstate Corporation. The investment group exceeds 300 individuals across a variety of asset classes including fixed‑income, equities, derivatives, and private assets, supported by our own investments technology team. We seek highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged. The environment emphasizes integrity, inclusion, diversity, and accountability.

The role is hybrid, consisting of time in office and remote work. You will participate in in‑office meetings as needed and work from home otherwise. Eligible employees receive a monthly connectivity reimbursement to offset internet and phone expenses.

Role Overview

We are seeking a highly analytical problem‑solver who thrives on answering complex data questions, even when the data doesn’t immediately make sense. You will work at the intersection of investment teams, analytics platforms, and data systems, partnering directly with senior investment leaders to design new analytics, investigate complex issues, and improve how data supports decision‑making. This front‑office‑facing role focuses on building and evolving analytics capabilities rather than routine operations. The team is nimble, high‑impact, and quickly adapts to new challenges while delivering end‑to‑end solutions for risk, performance, asset allocation, and research.

What You’ll Do

• Collaborate on analytics solutions that help investment teams assess performance, risk, and portfolio positioning more effectively.
• Partner with portfolio managers, analysts, and senior leaders to identify workflow gaps and develop better analytics‑driven solutions, and establish new pipelines and data curation workflows to support improved investment solutions.
• Redesign legacy processes to improve transparency, add scale, and support future initiatives.
• Integrate new data sources and vendors into investment workflows.
• Partner with other teams to troubleshoot analytical outputs across performance, risk, and portfolio analytics.
• Transform ad‑hoc analyses into repeatable tools, workflows, or data solutions that improve scale and consistency.

What We’re Looking For

Core Capabilities

• Exceptional analytical and critical thinking skills
• Resourcefulness and persistence to work through issues independently
• Strong curiosity and desire to learn
• Effective communicator and fearlessness to ask questions

Experience

• 3+ years in a hands‑on investment analytics, data, or a related role
• Fixed‑income expertise familiarity (credit, municipals, rates)
• Insurance asset management experience is a plus

Technical Skills

• Proficiency in SQL and Python
• Familiarity with enterprise investment platforms such as Aladdin
• Experience with market data providers—Bloomberg, S&P, CreditScope, Intex, Octus, etc.
• Comfortable using AI‑enabled tools to improve research, analysis, or workflow efficiency

Who This Role Is For

• Wants to learn through being challenged
• Operates independently to solve problems
• Approaches obstacles pragmatically

Skills

Asset Management, Investments, SQL, Tableau

Compensation

Compensation offered for this role is $105,500.00 – $153,500.00 annually and is based on experience and qualifications.

Background investigation will be required for all candidates offered this position.

Legal & Benefits

Allstate generally does not sponsor individuals for employment‑based visas for this position. Eligible employees working from home receive a monthly connectivity reimbursement to offset internet costs. A dedicated, private workspace and reliable internet with minimum speeds of 50 MB download and 5 MB upload are required. Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse.

Allstate is an Equal Opportunity Employer. We are committed to providing a workplace that respects everyone’s rights under applicable equal‑opportunity and anti‑discrimination laws. All prospective employees are protected by anti‑discrimination laws that apply to all aspects of employment, including hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.