Climate Investment Intern

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 DescriptionClimate Investment Team: Targets investments in AgTech; Alternative Energy; Carbon Capture, Utilization and Storage; Carbon Markets; Circular Economy; Energy Efficiency; Sustainable Materials; Sustainable Transport and Water. Our investments mitigate global carbon emissions and help society to adapt and become more resilient to a warming world.u202F The Climate Investment Team targets investments in private equity, growth equity, venture capital and real assets.u202F We consider fund and co-investments and will selectively pursue direct investments.u202F Allstate's existing Climate Investments portfolio is ~$1B+ and we target investment production of between $100 u2013 200M per year. Each individual investment is sized between $25 u2013 50Mu202F u202F You will be responsible for assisting in various phases of investing and monitoring the Climate Investment Team's portfolio of investments. You will be responsible for working with team members to research key components of the industries and technologies we are targeting for investment. Investments in climate are important components to Allstate's long-term strategy to broaden our impact investment portfolio to include higher returning but differentiated investment products.u202F With that goal in mind, the Climate Investment Team is looking for a talented individual with an interest in helping us target attractive climate investments and manage our existing climate investment portfolio.u202Fu202F The Climate Investment internship will be located in CHICAGO, IL and the candidate will work on a hybrid schedule.Qualificationsu202F Currently pursuing a bachelor's degree, targeting graduation in Fall 2026 or Spring 2027 Excellent oral and written communication skillsu202F Possess an understanding of financial business acumen and project management skillsu202F The ideal candidate will have relevant course work in finance / economics / business, industrial / environmental engineering, or quantitative analysis with demonstrated interest in energy, environmental studies, sustainability, or water. u202Fu202Fu202Fu202Fu202Fu202Fu202Fu202F SkillsJoining our team isn't just a job u2014 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 u2013 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 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 ProgramsTo 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.

Created: 2025-10-04