Analyst - High Yield / Leveraged Loans Public Asset Group

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

As part of Allstate Investments' Below Investment Grade (BIG) exposure, we invest in high yield bonds and broadly syndicated bank loans for Allstate general accounts. We also manage Collateralized Loan Obligations (CLOs) under the AIMCO name. Our people, process, and the broader Allstate enterprise have been key ingredients to our collective success. We win with a collaborative team effort anchored by our proprietary credit process, which has led to a strong performance track record through investment cycles across all mandates.

Allstate Investments' Public Asset Group is seeking an analyst to join our credit research team as a generalist that supports our High Yield / Leveraged Loan (CLOs) mandates.

The analyst role involves underwriting leveraged credit investments and making recommendations based on a thorough understanding of industry and company fundamentals, as well as valuation. Our process is very team-oriented, so the ability to work well within the group is critical. The goal of the research team is to help deliver the best possible results for our clients. This job involves working closely with portfolio managers, developing investment themes, credit analysis and relative value recommendations. Responsibilities :

• The Analyst will be expected to focus on the following :
• Perform quantitative and qualitative analysis to support the underwriting of potential investment opportunities through our proprietary credit process, which is anchored around building detailed company specific financial models and forecasts in addition to understanding business and industry drivers, competitive positioning, and management / equity sponsor strength; this is often on an accelerated time frame.
• Consistently affirming recommendations to Portfolio Managers that drive relative return performance as valuation shifts. For existing issues, this includes reviewing quarterly operating results, writing credit reviews and updates, updating financial models, reviewing fundamental and secular outlooks, and monitoring changes in prices and spreads.
• Contributing to the improvement of the overall investment process by continually exploring new ideas, processes and technologies that will benefit the group.
• Provide support for internal and external communications on an as-needed basis.

Challenges within the first 12 months : The most significant challenges for the Analyst for the first 12 months include :

Professional Background : Experience :

Skills Required :

Educational Background :

Leadership Requirements and Personal Traits : The successful candidate will be a change leader and manager. This individual must also have the following personal and professional attributes which are consistent with the Company's stated values :

Compensation and Benefits Package : A competitive compensation and benefits package will be provided, including an attractive base salary and an annual target bonus opportunity based on the company's and the individuals performance.Additionally, Allstate offers a diversity of competitive benefits programs and resources :

Skills

Analytical Analysis, Credit, Credit Processes, Finance, Financial Analysis, Financial Modeling, High Yield Bonds, Investment Banking, Investment Management, Investments, Investments Analysis

Compensation

Compensation offered for this role is $142,000.00 - 199,750.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn't just a job - 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 - 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.

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