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A Day In The Life Of An Investment Professional – Real Estate Analyst – req13357
State Farm is the largest insurer of cars and homes in the United States and a major provider of term life insurance. The primary objective of State Farm Investments is to manage and invest in assets that align with, and support, the insurance operations of the organization. The investment portfolios are managed by a team using a collaborative and interactive approach. Assets under management exceed $300 billion.
The Real Estate Investments Team is based in Richardson (Dallas), Texas and manages over $14 billion of investments on behalf of State Farm’s general account. Investments include commercial, multifamily, and construction mortgage loans, as well as wholly-owned real estate equity investments, and REIT securities. Investments are originated and managed by four regional mortgage teams and dedicated real estate equity and REIT teams. Processes and systems support disciplined underwriting, an expansive sourcing network, and diligent asset management. State Farm is a relationship-orientated lender and equity capital provider with a well-established and growing commercial real estate platform.
The role will be primarily responsible for supporting commercial mortgage loan origination efforts. The candidate will have the opportunity to develop a long-term career and a broad range of skills in the areas of real estate underwriting and originations, financial and credit analysis, asset management, marketing, and communication.
The responsibilities of the Investment Professional – Real Estate Analyst may include:
Supporting senior members of the mortgage origination team in evaluating potential investment opportunities across various property types and major US markets
Gathering, analyzing, and evaluating economic, market, real estate comparables, borrower, and tenant financial information to support decisions and evaluate real estate valuation and risk
Assisting with the underwriting, due diligence, negotiating, and structuring of commercial mortgage loans
Contributing to investment recommendations and making written and verbal presentations for internal committee approval
Supporting asset management efforts including loan monitoring and analysis of property financial statements, rent rolls, and property inspections
Presenting and reviewing loans in the regional portfolio with senior management annually, or more frequently as required
Collaborating with the Mortgage Servicing Team to assist in the evaluation of borrower servicing requests
Traveling to assigned markets to build relationships with real estate brokers and investors, develop an understanding of local market dynamics, and inspect properties
Performing an integral role in identifying market trends and developing insights for the regional portfolio, contributing to market commentary produced by regional team leaders
Collaborating with colleagues across investment asset classes to share information, expertise, and ideas
Job Location Richardson, TX
Our campus is conveniently located near the local transit and we have several restaurants on campus.
We Are Looking for Candidates With
MBA or undergraduate degree in real estate, finance, accounting, economics or related field, with strong academic achievement
3 – 5 years of relevant real estate experience
Strong analytical, critical thinking, and risk assessment skills
Ability to work collaboratively as part of a team, as well as operate independently
Effective customer service and interpersonal skills, including the ability to create, build, and maintain relationships with internal and external parties
Excellent influencing, problem solving, and communication skills
Strong prioritization, time management, and organizational skills to meet deadlines while maintaining attention to detail
Knowledge of real estate valuation methodologies; Argus experience is preferred
Desire to continuously learn and develop and put developed expertise into action
What You Can Expect
Next Steps: Competitive candidates may be invited to participate in the interview process.
What’s In It For You
Competitive Benefits, Pay, and Bonus Potential.
Volunteer opportunities: Get involved and give back to the community.
Tuition Reimbursement: We support opportunities for you to learn and grow.
A Learning Culture: Mentoring, Professional Designations, Employee Development, and more.
401k Plan and Fully Funded Pension.
We embrace Diversity and Inclusion: We are one team and it is simply the right thing to do.
Learn more about our benefits at State Farm Careers.
We are not just offering a job but a meaningful career! We’re here to help life go right®
Come join our passionate team!