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Portfolio Management & Analytics Senior Associate

Portfolio Management & Analytics Senior Associate

Allstate InsuranceChicago, IL, United States
3 days ago
Job type
  • Full-time
Job description

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

As part of Allstate Investments' Private and Alternatives Investment Group ("PAIG"), the Portfolio Management & Analytics team's goal is to improve investment and portfolio management decisions through the use of data and analytics. The candidate will support the Portfolio Management & Analytics team across a range of activities, including quantitative analysis, project management, dashboard design and creation, and regular portfolio monitoring. They will spend a majority of their time supporting the Private Equity and Infrastructure teams but will have interactions with other teams within PAIG. This candidate will be regularly involved or lead material creation for investment committee meetings, portfolio review sessions, deal discussions, and special projects within PAIG.

This position is hybrid with a requirement to be in the office (RiverPoint / Chicago) ~3 days per week

KEY RESPONSIBILITIES

Portfolio Analytics

  • Work closely with the Portfolio Management & Analytics, Middle Office, Risk, and Quant teams to lead complex analytical projects, workflow optimization, dashboard creation, factor analysis, and performance attribution
  • Contribute to efforts to create comprehensive quantamental models to identify opportunities to generate alpha within the PAIG group
  • Generate and present materials to senior Allstate Investments leadership based on the above

Portfolio Management

  • Assist with establishment and continuous improvement of portfolio monitoring and portfolio management processes
  • Conduct various analyses to support portfolio management hypotheses and potential improvements
  • Assist with creation of quarterly and annual presentation materials, performance tracking, and other ad-hoc projects
  • Other

  • Utilize third-party sources to develop insights into the broader alternatives / private equity markets
  • Leverage best-in-class AI tools to generate insights from unstructured and structured data sources
  • The candidate will have the opportunity to work closely with the Private Equity group head and the head of Private Assets
  • The candidate will also have the opportunity to participate in Investment Committee and Deal Committee meetings, and over time will be expected to meaningfully contribute to the conversations for underwriting and portfolio management discussions
  • SUPERVISORY RESPONSIBILITIES

  • This job does not have supervisory duties
  • EDUCATION AND EXPERIENCE

  • Bachelor's degree in Finance, Accounting, Economics, Mathematics, Data Analysis, Business Analytics or a related field with strong academic performance
  • 5-7 years of professional experience across a combination of potential industries, including private equity, private investments, portfolio management, and fund of funds, with a focus on deal-level and portfolio-level quantitative and qualitative analysis
  • MBA is a plus, but is not required for the job
  • CERTIFICATIONS, LICENSES, REGISTRATIONS

  • CFA or CAIA designation is preferred, but is not required for the job
  • FUNCTIONAL SKILLS

  • Can lead complex projects involving data and analytics, while demonstrating strong decision-making skills, attention to detail, ability to communicate effectively, ask questions, and provide creative solutions
  • Ability to derive conclusions and stories from data and analyses, even when such data is incomplete, complex, and requires assumptions
  • Strong interpersonal skills and willingness to be a reliable team player; ability to build trust and confidence through collaborations with a wide range of internal and external colleagues
  • Ability to manage workflows, set appropriate goals and milestones, and oversee work from other team members
  • Strong written and verbal communication skills, including the ability to effectively communicate bi-directionally to both senior leadership and technical leads
  • Proficient in the following technical areas : Excel - Advanced, Python - Advanced, PowerBI - Intermediate, AI Prompt Engineering - Intermediate, Statistical Analysis - Intermediate
  • #LI-MC1

    Skills

    AI Ops, Analytics, Finance, Investments, Microsoft Power Business Intelligence (BI), Portfolio Management, Private Equity, Private Equity Funds, Python (Programming Language), Quantitative Analysis

    Compensation

    Base compensation offered for this role is $142000.00 - $181,000.00 annually and is based on experience and qualifications.

  • Total compensation for this role is comprised of several factors, including the base compensation outlined above, plus AIP as applicable for the role.
  • 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, 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 Know Your Rights" 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.

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