Private Equity Associate - London, United Kingdom - Allstate Insurance Company

Allstate Insurance Company
Allstate Insurance Company
Verified Company
London, United Kingdom

1 week ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter


Description

Date Opened:
Mar 15, 2023


Location:
London, GB


Company:
Allstate Insurance Company


The Position:

Private Equity Associate - London, UK**
The Company:Allstate's London office is part of the Allstate Corporation based in Chicago, IL, USA.

Allstate Investments manages approximately $61 billion of assets.

Our goal is to provide sustainable, competitive, risk-adjusted investment returns through private equity investing, for the benefit of The Allstate Corporation.

Investment performance for our portfolios has consistently provided excess returns for our customers, and we attribute that success in large part to the quality of our people.

The size of the global investment group exceeds [300] individuals across a variety of investment disciplines including, fixed income, equities, private securities and derivative asset classes, as well as, finance and technology.

We recognise that our employees are our ultimate advantage and we seek to attract and retain highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged.


Allstate Investments established an office in London in 2007 with a focus on making private equity investments outside the Americas, in Europe and Asia.

Allstate Investments Private Equity Team is now seeking an Associate who has a passion for private equity investing to join our London-based team.

Our overall private equity investment mandate is global, emphasising buyout and growth strategies. Our offices are located in Chicago and London, with 14 investment professionals currently on the team.

The carrying value of the private equity portfolio is approximately $6.6 billion in size, split across primary fund commitments, co-investments and direct deals.


Description & Responsibilities:

Associates within the Allstate Private Equity Team assist in all phases of investing - origination, evaluation, approval and monitoring. In the London office, Associates have specific responsibility for investments in Europe and Asia. Associates may occasionally be asked to participate in projects with the Chicago office.

Specific responsibilities for the new Private Equity Associate will include:

  • Performing quantitative and qualitative analysis to support the underwriting of potential investment opportunities
  • Preparing memoranda and other materials to support investment recommendations and assisting with the presentation of recommendations to Investment Committee
  • Monitoring and reporting on the performance of existing investments, including financial analysis and communication with fund sponsors and management teams, as required
  • Research into and evaluation of market conditions in existing and potential new sectors and geographies
  • Preparation and presentation of analysis to support strategic planning and asset allocation decisions

Essential Criteria:


  • Bachelor's degree required
  • Good verbal and written communication skills, including solid presentation skills
  • Strong numeracy, modelling skills and attention to detail
  • Ability to work towards multiple deadlines at once and operate well within a team
  • International travel will be required

Desirable Criteria:


  • 2.1 grade or higher in primary degree
  • Fluency in another language alongside English viewed favourably
  • Experience with Capital IQ or other M&A market data tools preferred
The closing date for this opportunity is Friday, 21st April at 5.00 pm.


Allstate Investments (part of Allstate NI) is an Equal Opportunities Employer
Allstate NI wishes to ensure equal opportunity is given to all job applicants.

This company will not discriminate on the grounds of race, gender (including gender reassignment status), sexual orientation, religious belief, political opinion, marital status, age or disability.

**#LI-Hybrid

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