Allstate Insurance
Job Description
Allstate Investments manages approximately $75 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. We attribute our successful track record in large part to the quality of our people. The size of the investment group exceeds 300 individuals across a variety of investment disciplines including, fixed income, equities, private securities, commercial mortgages and derivative asset classes, as well as, finance and technology. We recognize that our employees are our ultimate advantage and we seek to attract and retain highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged. You'll do all this in an environment of excellence and the highest ethical standards - a place where values such as integrity, inclusive diversity and accountability are paramount.
This position is a hybrid role, meaning your schedule may consist of time in an office setting and time working remotely from your home. The hybrid model is intended to provide greater flexibility - and will mean something different to each team, job and employee. Office presence is driven by the nature of the work and team needs. You'll work from home for the remainder of the time you're not in the office. This position is eligible for a monthly connectivity reimbursement to offset the costs of internet and phone expenses.
Job Summary Allstate Investments' Global Research group is seeking an associate analyst to join our credit research team as a generalist that supports our high yield and CLO mandates.
The associate analyst role supports the analyst team in underwriting credit investments and making recommendations based on a thorough understanding of industry and company fundamentals, as well as valuation. Our process is very team-oriented, so the ability to work well within the group is critical. The goal of the research team is to help deliver the best possible results for our clients. This job involves building financial models, developing investment themes, credit analysis, and communicating recommendations.
This role is part of Allstate Investments' two-year development program designed to cultivate future leaders in asset management. While the position is a two-year role, strong performers may be offered the opportunity to transition to a career-track opportunity. Successful associate candidates have also transitioned to roles at competitive firms, corporate development, and matriculated to top business schools. Where we can be helpful, we have leveraged our network in support of these transitions.
Key Responsibilities
Support senior analysts with quantitative and qualitative analysis in the underwriting of potential investment opportunities through our proprietary credit process, which is anchored around building bottoms up detailed company specific financial models and forecasts.
Build strong understanding of business and industry drivers, competitive positioning, and management strength on an accelerated time frame.
Consistent monitoring for current investment leads to opining on quarterly operating results, writing credit reviews, updating financial models, reviewing fundamental and secular outlooks, and monitoring changes in prices and spreads.
Contribute to the improvement of the overall investment process by continually exploring new ideas, processes and technologies that will benefit the group.
Provide support for internal and external communications on an as-needed basis.
Education and Experience
Bachelor's degree in accounting, finance, or economics with strong academic performance
0 to 3 years of investment experience with a focus on credit
Functional Skills
Strong financial modeling skills coupled with a solid understanding of accounting, finance, and economics
Strong interpersonal skills and willingness to be a reliable team player, build trust and confidence through collaboration with a wide range of internal and external colleagues
Ability to work independently; efficiently prioritize workstreams
Strong work ethic and communication skills
Experience leveraging AI tools to optimize results
Advanced Excel skills, Bloomberg
#LI-MC1
Compensation Compensation offered for this role is $75,000.00 - 108,750.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger - a winning team making a meaningful impact.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, information regarding the San Francisco Fair Chance Ordinance is available. For jobs in Los Angeles, information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance is available.
To view the "EEO is the Law" poster, information concerning the laws and procedures for filing complaints of violations of the laws can be found with the Office of Federal Contract Compliance Programs. To view the FMLA poster, information about the Family and Medical Leave Act (FMLA) is available. It is the Company's policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee's ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race, religion, sex, or sexual orientation is prohibited. This policy applies to all aspects of the employment relationship.
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This position is a hybrid role, meaning your schedule may consist of time in an office setting and time working remotely from your home. The hybrid model is intended to provide greater flexibility - and will mean something different to each team, job and employee. Office presence is driven by the nature of the work and team needs. You'll work from home for the remainder of the time you're not in the office. This position is eligible for a monthly connectivity reimbursement to offset the costs of internet and phone expenses.
Job Summary Allstate Investments' Global Research group is seeking an associate analyst to join our credit research team as a generalist that supports our high yield and CLO mandates.
The associate analyst role supports the analyst team in underwriting credit investments and making recommendations based on a thorough understanding of industry and company fundamentals, as well as valuation. Our process is very team-oriented, so the ability to work well within the group is critical. The goal of the research team is to help deliver the best possible results for our clients. This job involves building financial models, developing investment themes, credit analysis, and communicating recommendations.
This role is part of Allstate Investments' two-year development program designed to cultivate future leaders in asset management. While the position is a two-year role, strong performers may be offered the opportunity to transition to a career-track opportunity. Successful associate candidates have also transitioned to roles at competitive firms, corporate development, and matriculated to top business schools. Where we can be helpful, we have leveraged our network in support of these transitions.
Key Responsibilities
Support senior analysts with quantitative and qualitative analysis in the underwriting of potential investment opportunities through our proprietary credit process, which is anchored around building bottoms up detailed company specific financial models and forecasts.
Build strong understanding of business and industry drivers, competitive positioning, and management strength on an accelerated time frame.
Consistent monitoring for current investment leads to opining on quarterly operating results, writing credit reviews, updating financial models, reviewing fundamental and secular outlooks, and monitoring changes in prices and spreads.
Contribute to the improvement of the overall investment process by continually exploring new ideas, processes and technologies that will benefit the group.
Provide support for internal and external communications on an as-needed basis.
Education and Experience
Bachelor's degree in accounting, finance, or economics with strong academic performance
0 to 3 years of investment experience with a focus on credit
Functional Skills
Strong financial modeling skills coupled with a solid understanding of accounting, finance, and economics
Strong interpersonal skills and willingness to be a reliable team player, build trust and confidence through collaboration with a wide range of internal and external colleagues
Ability to work independently; efficiently prioritize workstreams
Strong work ethic and communication skills
Experience leveraging AI tools to optimize results
Advanced Excel skills, Bloomberg
#LI-MC1
Compensation Compensation offered for this role is $75,000.00 - 108,750.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger - a winning team making a meaningful impact.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, information regarding the San Francisco Fair Chance Ordinance is available. For jobs in Los Angeles, information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance is available.
To view the "EEO is the Law" poster, information concerning the laws and procedures for filing complaints of violations of the laws can be found with the Office of Federal Contract Compliance Programs. To view the FMLA poster, information about the Family and Medical Leave Act (FMLA) is available. It is the Company's policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee's ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race, religion, sex, or sexual orientation is prohibited. This policy applies to all aspects of the employment relationship.
#J-18808-Ljbffr