Property Tax Associate Jobs in Chicago, IL (NOW HIRING)

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 world isn't standing still, and neither is Allstate. We're moving quickly, looking across our businesses and brands and taking bold steps to better serve customers' evolving needs. That's why now is an exciting time to join our team. You'll have opportunities to take risks, challenge the status quo and shape the future for the greater good.
You'll do all this in an environment of excellence and the highest ethical standards - a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.
Everything we do at Allstate is driven by a shared purpose: to protect people from life's uncertainties so they can realize their hopes and dreams. For more than 89 years we've thrived by staying a step ahead of whatever's coming next - to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We've been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.
As part of Allstate Investments' Tax Credit & Impact Investments team, the candidate will be supporting the underwriting, analysis, execution, and ongoing asset management of low-income housing and clean energy tax credit investment strategies. The candidate will work closely with senior investment staff across a wide range of responsibilities, including financial modeling, due diligence, transaction evaluation, portfolio monitoring, and the preparation of investment approval materials. They will engage regularly with internal partners-such as tax, accounting, and legal teams-as well as external fund sponsors and stakeholders to gather market intelligence, manage consent processes, and support annual tax credit budgeting and reporting requirements. The role also contributes to broader impact and ESG initiatives, including Sustainability Report disclosures, system and reporting enhancements, and exploration of new credit opportunities.
The position is based in Chicago, IL and will be in the office 3 days per week. Limited travel will be required.
Key Responsibilities

• Support senior investment staff in the underwriting, analysis and execution of transactions.
• Gather/maintain market intelligence through regular communication with existing sponsors and potential new relationships
• Review investment fund opportunities brought by existing and potential new sponsors for discussion with portfolio manager
• Complete investment recommendation selection and due diligence of investment opportunities
• Prepare investment approval recommendation and due diligence material of investments
• Assess and prepare approval recommendation of annual tax credit budgeting
• Manage internal relationships with tax and accounting as well as internal/external legal counsel
• Review and coordinate approval of fund consent requests
• Compile quarterly portfolio monitoring of investment performance
• Annual review of LIHTC portfolio exposure at property level and completion of fund benefit schedule projection updates
• Identify and assist in implementation of internal system reporting and portfolio monitoring improvements
• Support of Sustainability Report disclosures and KPIs
• Integration of LIHTC, Clean energy & other credits into risk-return and economic capital frameworks
• Research potential expansion to other types of credits
• Ad-hoc assistance on ESG integration efforts and due diligence on real estate-related impact opportunities
• Assist in special projects from time to time that support the team

Education and Experience

• Bachelor's Degree or equivalent experience; May also have an advanced degree and/or CFA
• 3+ years' experience of related experience, including investing or structuring investing in: LIHTC, Tax credit or Real Estate

Supervisory Responsibilities

• This job does not have supervisory duties.

Certification, Licenses, Registrations

• No Certification, License or Registration is required for the job

Functional Skills

• Advanced/superior analytical and financial modeling skills, with an emphasis on the ability to translate analytical observations into supportable conclusions
• Advanced verbal and written communication skills - ability to communicate investment thesis in a balanced and concise manner
• Ability to interact effectively and professionally with a wide variety of internal constituents as well as effectively represent Allstate to external stakeholders
• Detail oriented with a commitment to high quality work product
• Ability to think independently and assist in presenting a viewpoint in a thoughtful and professional manner
• Proactively communicates with managers to prioritize and optimize deliverables. Demonstrated ability to perform work autonomously and lead many aspects of the investment life cycle including underwriting and investment recommendations
• Advanced Excel, Word and PowerPoint experience.
• #LI-MC1

Skills
Environmental Social And Governance (ESG), Financial Modeling, Investment Strategies, Microsoft Excel, Structured Investments
Compensation
Base compensation offered for this role is $124,000.00 - $162,000.00 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 AIP 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.
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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.