Associate, Opportunistic, Strategic Ventures

Associate, Opportunistic, Strategic Ventures page is loaded## Associate, Opportunistic, Strategic Ventures remote type:
Hybrid locations:
Chicago River Pointtime type:
Full time posted on:
Posted Todayjob requisition :
R27318

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
** This role offers a unique opportunity to gain diverse experience across two dynamic areas within Allstate Investments:
Strategic Ventures and Opportunistic Investments. Participants will develop a broad skill set in research, financial analysis, investment strategies, and deal structuring, while building valuable networks within the industry. This program is ideal for those looking to accelerate their career growth, gain exposure to different facets of the business, and contribute to strategic initiatives that drive Allstate's success.
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 have been 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.
Strategic Ventures Role (1 year)  Allstate Strategic Ventures is responsible for corporate venturing activities that deliver both strategic and financial value through minority investments, business partnerships, and other strategic relationships. The focus of the group is to generate strong investment returns while also accelerating Allstate’s business strategies and creating new business opportunities. The team works closely with venture capital firms, incubators/accelerators, universities, entrepreneurs, and other third parties to identify technologies, capabilities, companies, and management teams that help us to strategically grow and transform our business while generating strong investment returns.
This role will contribute to the Strategic Ventures team by providing continuous support to senior team members ranging from start-up and industry research to in-depth due diligence. Rotational Analyst will be expected to demonstrate solid research capabilities, strong financial, project and time management skills.
Opportunistic Investments Role (1 year)  On behalf of Allstate's $75bn portfolio, the Opportunistic group sits within the Private Alternative Investments Group and makes direct debt and equity investments into illiquid securities, and invests in select debt, real asset, and special situations funds. The investment mandate is global, but focused on North America, emphasizing corporate, specialty finance, and real asset strategies. The Opportunistic portfolio is approximately $1 billion in size.
The associate will assist in all phases of investing - origination, evaluation, execution, monitoring, and management - of our portfolio.
This role will be required to work a Hybrid work schedule from our Chicago, Riverpoint office location.
** Strategic Ventures Role (1 year)
*** Conducts extensive research and provide regular reports on new potential opportunities providing recommendations to the Principals and Directors
* Supports screening processes and helps vet deals through strategic, financial and investment value considerations
* Assists with building financial models for individual start-ups
* Assists with performing in-depth company and market assessments during due diligence
* Helps with preparing Presentations and Memos for the Investment Committee
* Aids in developing strong and wide networks within the VC community, accelerators, universities and research centers in North America and Europe
* Builds and…