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Allstate Investments Jobs (NOW HIRING)

$122K - $162K/yr

At Allstate, great things happen when our people work together to protect families and their ... The Senior Manager operates at the intersection of investment business needs, modern technology ...

Allstate Investments manages approximately $85 billion of assets. Our goal is to provide sustainable, competitive, risk-adjusted investment returns and investment-related services for the benefit of ...

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Allstate Investments information

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$22.5K

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$75.5K

How much do allstate investments jobs pay per year?

As of Jul 30, 2026, the average yearly pay for allstate investments in the United States is $50,969.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,500.00 and $55,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive at Allstate Investments, and why are they important?

To excel at Allstate Investments, you generally need a strong background in finance, investment analysis, and a relevant degree such as finance, economics, or business. Familiarity with portfolio management systems, Bloomberg Terminal, and certifications like CFA are typically required. Analytical thinking, attention to detail, and effective communication are crucial soft skills for this role. These abilities ensure sound investment decisions, risk management, and successful collaboration in a complex financial environment.

What is Allstate Investments and what do they do?

Allstate Investments is the investment management arm of The Allstate Corporation, responsible for managing the company's investment portfolio. Their main role is to invest the premiums collected from policyholders in a variety of assets such as bonds, stocks, real estate, and alternative investments. The goal is to achieve strong, risk-adjusted returns that support Allstate's insurance operations and financial stability. Allstate Investments employs professionals in research, portfolio management, risk analysis, and related fields to maximize value for both the company and its stakeholders.

What is the difference between Allstate Investments vs Allstate Financial Representatives?

AspectAllstate InvestmentsAllstate Financial Representatives
Primary RoleManaging investment portfolios, analyzing financial markets, and providing investment adviceSelling insurance products, providing financial planning, and advising clients on insurance and retirement solutions
Required CertificationsSeries 7, Series 63, Series 65/66, FINRA licensesLife and health insurance licenses, FINRA licenses (if applicable)
Work EnvironmentFinancial firms, investment offices, or corporate finance departmentsInsurance agencies, financial planning offices, or bank branches
Industry UsageFinance and investment industryInsurance and financial services industry

Allstate Investments focuses on managing investment portfolios and financial market analysis, while Allstate Financial Representatives primarily sell insurance products and provide comprehensive financial planning. Both roles require financial licenses but differ in daily tasks and industry focus.

What types of teams and projects might I work on as part of Allstate Investments?

At Allstate Investments, you can expect to work on multidisciplinary teams that include portfolio managers, analysts, risk specialists, and technology professionals. Common projects involve asset allocation, risk assessment, and researching new investment opportunities across asset classes. You may participate in regular strategy meetings, collaborate on quantitative analysis, and contribute to the development of investment models or tools. This environment encourages knowledge sharing and provides exposure to both traditional and alternative investment strategies, supporting professional growth and cross-functional learning.
More about Allstate Investments jobs
Infographic showing various Allstate Investments job openings in the United States as of July 2026, with employment types broken down into 1% Internship, 11% As Needed, 78% Full Time, 4% Part Time, 5% Contract, and 1% Summer. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $50,969 per year, or $24.5 per hour.

Senior Manager, Product Management, Investments Technology (Capital Markets)

Allstate

Chicago, IL • On-site

$130K - $172K/yr

Full-time

Re-posted 14 days ago


Allstate Insurance rating

7.5

Company rating: 7.5 out of 10

Based on 562 frontline employees who took The Breakroom Quiz

214th of 299 rated insurance


Job description

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
The Product Management Senior Manager (Technical) is responsible for defining, delivering, and managing the full lifecycle of two or more complex, technology-enabled products supporting Allstate's Investments business. These products primarily span integration, data, middle-office, and back-office platforms can also expand to support front-office investment products as business needs evolve.
This role owns product vision, discovery, roadmaps, and execution, balancing strategic thinking with hands-on delivery in a fast-paced, market-driven environment. The Senior Manager operates at the intersection of investment business needs, modern technology architecture, and enterprise standards, bringing an external, forward-looking perspective while ensuring timely, high-quality outcomes.
Key Responsibilities
Product Strategy & Lifecycle Management
  • Create, drive, and execute a holistic product strategy (not limited to software development) for two or more products in Allstate's growing digital product portfolio.
  • Define and manage product vision, roadmaps, backlogs, and KPIs to maximize business and enterprise value.
  • Balance tactical execution with long-term strategic planning to ensure scalable, sustainable solutions.
  • Make informed build, buy, or partner decisions to advance product strategy and maximize key performance indicators.
  • Lead discovery and test-and-learn activities to quickly validate concepts and inform backlog investments.

Business & Stakeholder Partnership
  • Partner with stakeholders across Investments, Enterprise Risk, and Enterprise Technology functions to understand needs and deliver outcomes aligned to investment objectives.
  • Operate effectively in a market-sensitive environment requiring speed, agility, quality, and strong risk awareness.
  • Serve as the "product expert" for assigned product areas, presenting to senior leaders and cross-functional teams as needed.
  • Weigh alternatives and assess service, cost-benefit, and risk-reward implications of product decisions.

Technical Leadership
  • Provide strong technical leadership across integration, data platforms, architecture, and operational systems.
  • Collaborate closely with engineers and architects, bringing sufficient hands-on technical fluency to guide design, performance, scalability, and security decisions.
  • Lead the adoption of emerging technologies (including AI and automation) where they deliver tangible business value, not technology for its own sake.
  • Support modernization efforts while respecting the unique operating needs of the Investments business.

Enterprise Alignment
  • Align product delivery with enterprise standards, guardrails, and governance where appropriate.
  • Thoughtfully adapt enterprise processes to meet the speed and agility demands of Investments technology.
  • Monitor budgets and operational effectiveness; adjust strategies as business and market conditions evolve.

People Leadership & Development
  • Coach and mentor product managers and cross-functional team members.
  • Lead a highly tenured organization through change, modernization, and new ways of working.
  • Foster openness to innovation and continuous improvement.
  • Build leadership depth and succession readiness within the product management organization.

Success Measures
  • Timely, high-quality delivery of integration and operational products.
  • Clear product strategy aligned to investment business priorities.
  • Effective use of modern architectures, data, and emerging technologies.
  • Strong stakeholder confidence and partnership across Investments and Technology.
  • Development of strong, future-ready product and technology leaders.

Experience & Qualifications
  • 10+ years of experience, preferred
  • Capital Markets experience-particularly supporting investment, risk, or trading technology-is strongly preferred.
  • Proven experience managing complex, technical products in data-heavy, high-velocity environments.
  • Strong understanding of modern software architecture, data integration, and platform engineering.
  • Demonstrated ability to lead seasoned teams through change and transformation.

Supervisory Responsibilities
  • This role has direct supervisory responsibilities and is expected to actively develop and lead people.

#LI-JH1
Skills
Business, Capital Markets, Finance Strategy, Financial Analysis, Influencing Others, Investment Advising, Investment Management, Investments, Investment Strategies, Leadership, Product Management, Product Strategies, Risk Analysis, Strategic Management, Systems Thinking
Compensation
Base compensation offered for this role is $135,000- 190,000 / 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 incentive pay (i.e. commission, bonus, etc.) 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 - 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.
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.
Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.
When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

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