Associate, Tax Credits & Impact Investments

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 DescriptionThe world isn't standing still, and neither is Allstate. We're moving quickly, looking across our businesses and brands and taking bold steps to better serve customers' evolving needs. That's why now is an exciting time to join our team. You'll have opportunities to take risks, challenge the status quo and shape the future for the greater good. You'll do all this in an environment of excellence and the highest ethical standards u2013 a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities. Everything we do at Allstate is driven by a shared purpose: to protect people from life's uncertainties so they can realize their hopes and dreams. For more than 89 years we've thrived by staying a step ahead of whatever's coming next u2013 to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We've been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.As part of Allstate Investments' Tax Credit & Impact Investments team, the candidate will be supporting the underwriting, analysis, execution, and ongoing asset management of lowu2011income housing and clean energy tax credit investment strategies. The candidate will work closely with senior investment staff across a wide range of responsibilities, including financial modeling, due diligence, transaction evaluation, portfolio monitoring, and the preparation of investment approval materials. They will engage regularly with internal partnersu2014such as tax, accounting, and legal teamsu2014as well as external fund sponsors and stakeholders to gather market intelligence, manage consent processes, and support annual tax credit budgeting and reporting requirements. The role also contributes to broader impact and ESG initiatives, including Sustainability Report disclosures, system and reporting enhancements, and exploration of new credit opportunities. The position is based in Chicago, IL and will be in the office 3 days per week. Limited travel will be required.Key ResponsibilitiesSupport senior investment staff in the underwriting, analysis and execution of transactions.Gather/maintain market intelligence through regular communication with existing sponsors and potential new relationshipsReview investment fund opportunities brought by existing and potential new sponsors for discussion with portfolio managerComplete investment recommendation selection and due diligence of investment opportunitiesPrepare investment approval recommendation and due diligence material of investmentsAssess and prepare approval recommendation of annual tax credit budgetingManage internal relationships with tax and accounting as well as internal/external legal counselReview and coordinate approval of fund consent requestsCompile quarterly portfolio monitoring of investment performanceAnnual review of LIHTC portfolio exposure at property level and completion of fund benefit schedule projection updatesIdentify and assist in implementation of internal system reporting and portfolio monitoring improvementsSupport of Sustainability Report disclosures and KPIsIntegration of LIHTC, Clean energy & other credits into risk-return and economic capital frameworksResearch potential expansion to other types of creditsAd-hoc assistance on ESG integration efforts and due diligence on real estate-related impact opportunitiesAssist in special projects from time to time that support the teamEducation and Experience Bachelor's Degree or equivalent experience; May also have an advanced degree and/or CFA3+ years' experience of related experience, including investing or structuring investing in: LIHTC, Tax credit or Real EstateSupervisory Responsibilities This job does not have supervisory duties.Certification, Licenses, Registrations No Certification, License or Registration is required for the jobFunctional Skills Advanced/superior analytical and financial modeling skills, with an emphasis on the ability to translate analytical observations into supportable conclusionsAdvanced verbal and written communication skills u2013 ability to communicate investment thesis in a balanced and concise mannerAbility to interact effectively and professionally with a wide variety of internal constituents as well as effectively represent Allstate to external stakeholdersDetail oriented with a commitment to high quality work productAbility to think independently and assist in presenting a viewpoint in a thoughtful and professional mannerProactively communicates with managers to prioritize and optimize deliverables. Demonstrated ability to perform work autonomously and lead many aspects of the investment life cycle including underwriting and investment recommendationsAdvanced Excel, Word and PowerPoint experience.#LI-MC1SkillsEnvironmental Social And Governance (ESG), Financial Modeling, Investment Strategies, Microsoft Excel, Structured InvestmentsCompensationBase compensation offered for this role is $124,000.00 - $162,000.00 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 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 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.

Created: 2026-03-30