Allstate
Investments Portfolio Management & Analytics Analyst Intern
Posted on Aug 26 Illinois, IL 31 views
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
JOB SUMMARY
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance, and Answer Financial brand names and Allstate Financial business segment. Within The Allstate Corporation, Allstate Investments manages a portfolio of more than $60 billion in assets across public and private groups and is supported by 300+ team members across risk and return management, operations, finance, technology, legal, and compliance.
As part of Allstate Investments’ Private and Alternatives Investment Group (“PAIG”), the Portfolio Management & Analytics (“PM&A”) team’s goal is to improve investment and portfolio management decisions through the use of data and analytics. The candidate will spend a majority of the time supporting the PM&A, Private Equity, and Infrastructure teams, but will have interactions with other team members across PAIG. The candidate will participate in Investment Committee meetings, portfolio review sessions, and other group meetings, gaining exposure to various stages of the investment life cycle.
This is a hybrid internship: Monday, Tuesday, and Thursday in our downtown River Point office collaborating with the team in person. Wednesday and Friday will be remote.
KEY RESPONSIBILITIES
EDUCATION AND EXPERIENCE
Compensation offered for this role is between $20 and $42 an hour and is based on experience and qualifications.
Skills
Customer Centricity, Digital Literacy, Inclusive Leadership, Learning Agility, Results-Oriented
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. And one where you can impact the future for the greater good.
You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live.
Good Hands. Greater Together.
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, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
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 (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
Job Description
JOB SUMMARY
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance, and Answer Financial brand names and Allstate Financial business segment. Within The Allstate Corporation, Allstate Investments manages a portfolio of more than $60 billion in assets across public and private groups and is supported by 300+ team members across risk and return management, operations, finance, technology, legal, and compliance.
As part of Allstate Investments’ Private and Alternatives Investment Group (“PAIG”), the Portfolio Management & Analytics (“PM&A”) team’s goal is to improve investment and portfolio management decisions through the use of data and analytics. The candidate will spend a majority of the time supporting the PM&A, Private Equity, and Infrastructure teams, but will have interactions with other team members across PAIG. The candidate will participate in Investment Committee meetings, portfolio review sessions, and other group meetings, gaining exposure to various stages of the investment life cycle.
This is a hybrid internship: Monday, Tuesday, and Thursday in our downtown River Point office collaborating with the team in person. Wednesday and Friday will be remote.
KEY RESPONSIBILITIES
- Portfolio Analytics
- Work closely with the PM&A, Middle Office, Risk, and Quant teams to assist with hypothesis development, data entry and validation, AI prompt generation, dashboard design, and material creation around portfolio analytics and portfolio construction
- Utilize interactions with all five PAIG groups to draw connections to the work at hand
- Conclude the internship experience by preparing a capstone project focused on a specific analytics question that is key to the long-term objectives of the PM&A and PAIG groups
- Research
- Leverage third-party sources to develop insights into the broader alternatives / private equity markets for internal materials
- Investment Underwriting Support
- As capacity and deal flow allows, assist in the deal underwriting process for the Private Equity and/or Infrastructure teams, in particular around market overviews, portfolio fit, team overviews, and introductory materials
- Participate in deal discussions, including at Investment Committee meetings
- This job does not have supervisory duties
EDUCATION AND EXPERIENCE
- Pursuing a Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Statistics, or Data Science; must be a full-time student the semester following the internship
- No Certification, License or Registration is required for the job.
- Can analyze data and review analysis while demonstrating strong decision-making skills and an attention to detail
- Ability to communicate effectively, ask questions, and provide creative solutions
- Strong interpersonal skills and willingness to be a reliable team player; ability to build trust and confidence through collaborations
- Ability to work efficiently, organize and prioritize assignments
- Strong written and verbal communication skills
- Proficiency in Microsoft Office: Intermediate – Excel, Intermediate – Word, Intermediate – PowerPoint, Beginner – Outlook
Compensation offered for this role is between $20 and $42 an hour and is based on experience and qualifications.
Skills
Customer Centricity, Digital Literacy, Inclusive Leadership, Learning Agility, Results-Oriented
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. And one where you can impact the future for the greater good.
You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live.
Good Hands. Greater Together.
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, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
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 (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
