Apply Now    
Job ID :
Location :
Northbrook, IL US
Level :
Job Category :
Finance & Economics
Description :

Where good people build rewarding careers.

Think that working in the insurance field can’t be exciting, rewarding and challenging? Think again. You’ll help us reinvent protection and retirement to improve customers’ lives. We’ll help you make an impact with our training and mentoring offerings. Here, you’ll have the opportunity to expand and apply your skills in ways you never thought possible. And you’ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Description

Are you interested in being a part of the ongoing success of the largest publicly traded insurance company in the U.S.? Do you want to bring your vision, skills and drive to a Fortune 100® company with over 83 years of financial stability? Does challenging work and unlimited professional growth potential excite you? Then an opportunity in Investments Operation Finance at Allstate is right for you!


The purpose of the department is to enable continuous improvements in the performance of Allstate’s investment portfolios through financial planning, analysis, and management reporting on key financial and economic drivers.  The Finance and Planning department offers a supportive, diverse, team based culture. We invest in our employees by offering many professional development opportunities. We continuously work to improve our planning, analysis, and management reporting accountabilities through system and process enhancements. We value self-management, initiative, flexibility and innovation.


The scope of this job is to provide decision support, planning and forecasting and management reporting for Investments.


The individual will be responsible for:


In alignment with corporate goals, specific responsibilities for the Staff Financial Manager will include:

  • Oversight of the investment portfolio income statement close, including managing team timelines and priorities
  • FP&A representative in Investment Finance monthly/quarterly close related meetings, contributing thought leadership and subject matter expertise to decision making
  • Key business unit contact for investment portfolio financial statement close timing and results
  • Investment Finance lead for internal management reporting of monthly and quarterly results provided to senior leadership
  • Hands-on and complex analysis of investment portfolio results, including evaluation and summarization of detailed level data to communicate drivers of variances and trends
  • Reporting of progress toward overall Investment goals, requiring a thorough understanding of planned, forecasted and actual results
  • Participating in preparing presentations for Board of Director and internal committees
  • Participation in the Strategic and Operating Plan process
  • Management of staff, both direct reports and virtual team members
  • Management of team level projects, as assigned


The skills required are:

  • Financial reporting and financial statement analysis, investment focus preferred
  • Ability to understand, analyze and succinctly summarize financial results
  • Strong analytical and problem solving skills
  • Ability to effectively and professionally communicate with various levels of management via reports, memos, and verbal communications
  • Strong leadership, organizational and time management skills
  • Works effectively in a team environment and independently
  • Flexibility to adapt to changing work priorities and assignments and deadline driven

Job Qualifications

  • 10+ years of experience in financial analysis, accounting or internal management reporting experience, preferably in the Investments area. 
  • Prior experience managing a team of direct reports
  • Computer proficiency in Outlook, Word, Excel, Powerpoint, with the willingness to learn new tools such as Access, SAP, Essbase/Hyperion
  • Bachelors Degree - Required (Major preference: Accounting, Finance or Economics), MBA and/or CPA/CFA a plus


The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Good Work. Good Life. Good Hands®.

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.

Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.

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 see the notice regarding the San Francisco Fair Chance Ordinance.

For jobs in Los Angeles, please seethe notice regarding the Los Angeles Ordinance.

It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.


Apply Now