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.
Your role in the team
The Enterprise Economics & Risk Analysis (EERA) team is a cross-functional team operating at the heart of decision-making at Allstate. The team quantifies and optimizes risk and return for Allstate leveraging a comprehensive economic capital model. EERA is led by the Chief Economist and has team members in USA and UK. The team reports to the Chief Risk Officer and provides advice directly to the CEO, Senior Leadership Team and the Board of Directors.
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This is an exciting opportunity to join the Economic Capital branch of EERA to support economic capital decision-making and business-wide risk analysis. This role is responsible for performing quantitative analysis and research, specifically dynamic multi-factor risk modeling and scenario analysis. The role will assist with the continued development of our Economic Capital framework, which is based on multivariate conditional time series analysis. The team has a wide range of skill sets, including econometricians, economists, quantitative analysts, coders and financial analysis
Key responsibilities
- Research, develop and implement time-series models across underwriting, investments, and other risk types
- Assist in managing and improving the Enterprise risk modelling framework and scenario analysis
- Support the Measurement Science Center of Excellence in designing and evaluating metrics for key Allstate initiatives
Essential Skills
- All applicants must demonstrate they have a legal right to work in the UK for employment at Allstate. For exceptional candidates we may consider sponsorship.
- A PhD (or final year PhD student) in Econometrics or other economics related field of study, OR a Masters Degree & 3+ years' experience in quantitative research or applied economics
- Prior experience in time series modeling
- Familiarity of Bayesian econometrics
- Programming experience in Matlab, R or Python
Desirable Skills
- Experience of risk modeling is a plus
- Solid understanding of macroeconomics, financial markets, and risk management is a plus
Supervisory Responsibilities
- This job does not have supervisory duties.
Job Posting End Date: Friday 25th July [11:59pm]
Why join us?
Allstate NI is proud to be Allstate's European Digital Centre of Excellence-recent winners of 'Best Use of Cloud Services' at the Belfast Telegraph IT Awards 2024, and recognised for our community and sustainability impact at the 2024 Business in the Community Awards and Gold accreditation for Environmental Responsibility.
We're a product-driven, cloud-first organisation delivering real outcomes through modern technology, a digital product-centric talent model, and a culture rooted in engineering excellence. Our teams work in cross-functional structures, guided by an outcome-based delivery approach that accelerates speed, agility, and value.
We offer:
A generous, flexible benefits package including annual leave, healthcare and dental cover, pension, and lifestyle discounts
Access to world-class learning platforms and award-winning L&D
Clear career paths, internal mobility, and a strong focus on growth
A people-first culture with flexible working options
Be part of a high-performing, socially responsible organisation where your work has purpose, and your growth is supported every step of the way.
Statement on Fair Employment and Equal Opportunities
Allstate NI wishes to ensure equal opportunity is given to all job applicants. This company will not discriminate on the grounds of race, gender (including gender reassignment status), sexual orientation, religious belief, political opinion, marital status, age or disability.
We are an equal opportunities employer. We welcome applications from all suitably qualified persons. However, as women are currently under-represented in our workforce, we would particularly welcome applications from women. All appointments will be made on merit.
Applicants should note Allstate NI complete AccessNI background checks on all candidates offered a position.
Posting End Date:
15 May 2025