Director, Strategic Ventures

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

• Familiarity with the start-up/VC environment and broad network of relationships in the VC and startup ecosystem
• Significant and proven experience in business and financial analytics supporting identification, analysis and closing of strategic and financial transactions
• Meaningful deal making experience
• Board experience
• Meaningful, relevant multi-industry expertise
• Team first attitude and a commitment to work in a highly collaborative environment
• Strong written and oral communication skills

• Develops and maintains external relationships and continuously monitors competitive and market landscape to identify opportunities and create new market insights
• Leads network building efforts within the VC community, accelerators, universities and research centers in North America and Europe as well as marketing efforts designed to generate awareness and increase deal flow
• Leads all stages of the venture investment process and deal flow, including, but not limited to: identification, origination, valuation, due diligence, and investment recommendations including preparation of transaction documents and supporting materials
• Directs cross-functional internal and external teams to assess opportunities and execute investment transactions including deal terms, definitive agreements, and post transaction matters
• Leverages relationships with portfolio companies to enhance strategic and financial benefits to Allstate and supports management of internal relationships, in partnership with principals, to identify key needs and strategic focus areas
• Uses professional knowledge to provide recommendations to the business partners and the investment committees
• Regularly contributes to leadership team decisions and initiatives
• Monitors portfolio post-closing including business and financial analysis and quarterly accounting reporting
• Actively participates on portfolio companies' boards
• Day to day management of the Ventures team (including, but not limited to, team recruitment and management, reporting and performance)

Skills

Compensation

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. And one where you can impact the future for the greater good.

You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.

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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