Investments Portfolio Management & Analytics Analyst Intern

$41,600 - $87,360/Yr

Allstate - Springfield, IL

Full-time - Intern

Springfield, IL

251-500 employees

Insurance Carriers and Related Activities

About the position

The Allstate Corporation is seeking a Portfolio Management & Analytics Intern to support its Private and Alternatives Investment Group (PAIG). This hybrid internship will provide the candidate with hands-on experience in portfolio analytics, investment underwriting, and research, while collaborating with various teams within Allstate Investments. The role aims to enhance investment and portfolio management decisions through data and analytics, offering exposure to the investment life cycle and participation in key meetings.

Responsibilities

• 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.
• Prepare a capstone project focused on a specific analytics question that is key to the long-term objectives of the PM&A and PAIG groups.
• Leverage third-party sources to develop insights into the broader alternatives/private equity markets for internal materials.
• Assist in the deal underwriting process for the Private Equity and/or Infrastructure teams, particularly around market overviews, portfolio fit, team overviews, and introductory materials.
• Participate in deal discussions, including at Investment Committee meetings.

Requirements

• 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.
• Ability to analyze data and review analysis while demonstrating strong decision-making skills and attention to detail.
• Strong written and verbal communication skills.
• Proficiency in Microsoft Office: Intermediate - Excel, Intermediate - Word, Intermediate - PowerPoint, Beginner - Outlook.

Nice-to-haves

• Customer Centricity
• Digital Literacy
• Inclusive Leadership
• Learning Agility
• Results-Oriented

Benefits

• Flexible work environment
• Opportunity to challenge the status quo
• Impact the future for the greater good
• Recognition of inclusivity and diversity awards