FAQs
What is the main purpose of the Investments Quantitative Analyst Intern role?
The main purpose of the role is to assist the Quantitative Research team in supporting quantitative investment research, data analytics, quantitative modeling, and investment strategy research across various investment mandates.
What type of education is required for this internship?
Candidates must be pursuing a Bachelor's degree in Finance, Accounting, Economics, Mathematics, Statistics, or Data Science and must be a full-time student the semester following the internship.
What are the key responsibilities of the intern?
The key responsibilities include quantitative research and modeling, supporting analytical platforms and daily model production, developing data science and data strategies for investment analytics, identifying business needs, designing presentations, and collaborating with cross-functional teams.
What programming languages or tools should candidates be familiar with?
Candidates should have strong analytical skills and experience with SQL, Python, and statistics.
What is the expected work schedule for this internship?
The internship has a hybrid schedule, requiring in-office presence on Tuesday, Wednesday, and Thursday, while Monday and Friday will be remote.
Is any certification or license required for this internship position?
No certification, license, or registration is required for the job.
What kind of environment does Allstate provide for this internship?
Allstate provides an environment of excellence and high ethical standards, emphasizing values such as integrity, inclusive diversity, and accountability.
Does Allstate offer any compensation for the internship?
Yes, the compensation offered for this role is between $23 and $32 an hour, based on experience and qualifications.
Does the internship involve teamwork?
Yes, the role involves working cooperatively on cross-functional teams and collaborating with the quantitative researchers and portfolio management team.
Are there any supervisory responsibilities associated with this internship?
Yes, this job does have supervisory duties.