Senior Portfolio Manager, Government Bonds & Cross-Asset Derivatives
 Allstate Insurance | |
remote work
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 United States, Illinois, Chicago | |
 May 30, 2025 | |
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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 Allstate Investments manages approximately $66 billion of assets. Our goal is to provide sustainable, competitive, risk-adjusted investment returns and investment related services for the benefit of The Allstate Corporation. We attribute our successful track record in large part to the quality of our people. The size of the investment group exceeds 300 individuals across a variety of investment disciplines including fixed income, equities, private assets, commercial real estate, and derivative asset classes, as well as finance and technology. We recognize that our employees are our ultimate advantage, and we seek to attract and retain highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged.This position is a hybrid role, meaning your schedule will consist of time in an office setting and time working remotely from your home. The hybrid model is intended to provide greater flexibility and will mean something different to each team, job and employee. Office presence is driven by the nature of the work and team needs. You'll work from home for the remainder of the time you're not in the office. This position is eligible for a monthly connectivity reimbursement to offset the costs of internet and phone expenses. As the Senior Portfolio Manager in our Government Bonds & Cross-Asset Derivative team, you will play a key role across two primary functions: managing relative return mandates for U.S. government bonds and assisting in the development and execution of derivative strategies, including interest rate, equity, currency, and credit derivatives. You will collaborate closely with other senior portfolio managers as well as senior management with executing investment strategies, managing risk, and optimizing the portfolio's performance. The role requires a robust understanding of government bonds and related market dynamics, derivatives markets, strong analytical skills, and a proactive approach to managing risk in dynamic market conditions. KEY RESPONSIBILITIES The role contains key responsibilities across 3 primary functions: Rates
Leadership
EDUCATION AND EXPERIENCE
Skills Compensation Compensation offered for this role is $205,000.00 - 286,750.00 annually and is based on experience and qualifications.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. For jobs in San Francisco, please click "here" for information regarding the San Francisco Fair Chance Ordinance. To view the "EEO is the Law" 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. 
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