About The Position

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. The Climate 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. The Climate Investment Team targets investments in private equity, growth equity, venture capital and real assets. We consider fund and co-investments and will selectively pursue direct investments. Allstate’s existing Climate Investments portfolio is ~$1B+ and we target investment production of between $100 – 200M per year. Each individual investment is sized between $25 – 50M. 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. 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.

Requirements

  • Currently pursuing a bachelor's degree, targeting graduation in Fall 2026 or Spring 2027.
  • Excellent oral and written communication skills.
  • Possess an understanding of financial business acumen and project management skills.
  • Relevant coursework in finance, economics, business, industrial or environmental engineering, or quantitative analysis.
  • Demonstrated interest in energy, environmental studies, sustainability, or water.

Responsibilities

  • Assist in various phases of investing and monitoring the Climate Investment Team’s portfolio of investments.
  • Work with team members to research key components of the industries and technologies targeted for investment.
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