Quantitative Analyst

Posting Title: Quantitative Analyst
Location: Chicago, IL (Mostly On-Site)
Employment Type: Full-time
Salary Range: $135,400.00-$186,175.00

About Us:
EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMOs). Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.

How You’ll Contribute:
As a Quantitative Analyst, you will develop and execute quantitative reporting processes and integrate platforms to facilitate asset allocation, risk management, regulatory reporting, and performance measurement. You will collaborate with cross-functional teams to implement quantitative models, perform back-testing of strategies, and deliver key insights to drive decision-making. We are looking for candidates who are passionate about quantitative research, asset management, and continuous improvement, bringing strong analytical skills and an entrepreneurial spirit to our team.

What You’ll Do:

• Research industry best practices to develop and integrate portfolio management systems for asset allocation, risk management, and performance attribution.
• Execute day-to-day reporting for the quantitative group and identify opportunities for enhanced insights and accountability.
• Collaborate with asset class teams to provide quantitative tools and data access for operational efficiency.
• Act as a liaison between portfolio management and technology teams, translating business needs into technical requirements.
• Mentor junior team members on system architecture and data structure design.
• Address ad-hoc requests and support investment and other departments as needed.
• Actively contribute to creating a collaborative and inclusive work environment

What You’ll Bring:

Education:

• Bachelor’s degree required
• Master’s degree in Finance, Computer Science, Statistics, Economics, Actuarial Science, Accounting, Quantitative Mathematics, or Mathematics required.

Experience:

• Minimum of 1 year of quantitative research experience.
• Proficiency with SQL, VBA, and Python; knowledge of relational database management systems.
• Familiarity with fixed income, derivatives, and private investment analytics.
• Preferred experience with BlackRock Aladdin, Bloomberg, and advanced quantitative research methodologies.

Knowledge, Skills, and Abilities:

• Strong verbal and written communication skills, with the ability to explain technical concepts to non-technical stakeholders.
• Ability to analyze business processes and recommend optimizations.
• Collaborative mindset with a passion for problem-solving and learning.
• Adaptability and a proactive approach to addressing evolving business needs.

Physical Requirements:

• Ability to sit, see, and hear for extended periods.
• Occasionally lift up to 10 lbs.

Where You’ll Work:

• Location: Chicago, Illinois
• Work Arrangements: Mostly On-Site
• Travel Requirements: Less than 5%

Compensation and Pay Philosophy: 
The pay range for this role is $135,400.00-$186,175.00. This reflects the expected compensation for the position at the time of posting. The final offer will be based on factors such as the candidate’s experience, qualifications, geographic location, and internal equity, and may be higher or lower than the posted range. The pay range is subject to change in the future in accordance with applicable laws. EquiTrust is committed to fair and competitive compensation that considers individual and organizational needs.  

Total Rewards:
In addition to base pay, eligible employees may receive an annual discretionary incentive bonus and access to a competitive benefits package including: 

• Medical, Dental & Vision coverage:
• 401(k) with Company Match
• Paid time off: Vacation, Sick, Holiday, and more
• Paid Parental Leave for both Mothers and Fathers
• Hybrid/Remote Work Options
• Early Friday Closure

EquiTrust is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws. To learn more, visit EquiTrust Careers. 

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