What are the responsibilities and job description for the Investment Professional - Real Estate TX position at State Farm?
Investment Professional - Real EstateUS-TX-RichardsonJob ID : 2025-40270Type : Regular Full Time# of Openings : 2Category : Accounting and FinancialRichardson, TXOverviewBeing good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good! State Farm Investments is a leading investment manager with $350 billion in invested assets supporting the nation’s #1 auto and home insurer. State Farm, a Fortune 50 company, has been in business for over 100 years and is consistently recognized as a top employer in the United States. State Farm Investments is based in Richardson (Dallas), Texas and manages various asset classes including public and private equities, fixed income, and real estate. Through sound investment strategies, the Investments Team helps State Farm remain financially strong so our customers can manage the risks of everyday life, recover from the unexpected, and realize their dreams. As a member of our high-performing Investments Team, you will be relied upon as a key partner to perform due diligence research, financial modeling, and investment decision-making. You will also have opportunities to interact with senior Investments staff and receive cross-asset learning opportunities. The Mortgage / Real Estate Investment Team is responsible for managing over $21 billion of investments on behalf of State Farm. Real estate investments are primarily focused on multifamily, industrial, and construction mortgage loans, as well as directly-owned real estate equity investments and REIT securities. Investments are originated and managed by geographically-focused 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 investor with a well-established and growing commercial real estate platform. This position is based at State Farm’s growing investment platform at CityLine in Richardson, Texas, in the fast-growing Dallas-Fort Worth metro area. This position is eligible for relocation benefits. The Investments Department operates a hybrid schedule with three in-office days per week to foster collaboration.ResponsibilitiesSource, underwrite, conduct due diligence, and close commercial real estate acquisitions, development opportunities, and mortgage loan originationsPrepare and present investment recommendations to senior leadership for investment selection and approvalAnalyze and evaluate economic data, local market research, property comparables, and tenant financial information to support decisions and evaluate riskAsset management responsibilities including leasing, loan surveillance, development of business plans and property valuationsTravel to assigned markets to build relationships with real estate developers, investors, and brokers, and to conduct property inspections for existing and potential investments Perform an integral role in identifying market trends and developing insights for the portfolio, and contributing to market commentary Collaborate with colleagues across investment asset classes to share information, expertise, and ideasQualificationsMBA or undergraduate degree in real estate, finance, accounting, economics or related field, with strong academic achievement2 - 5 years of relevant experienceStrong analytical, critical thinking, and risk assessment skillsAbility to work collaboratively as part of a team, as well as operate independentlyEffective interpersonal skills, including the ability to create, build, and maintain relationships with internal and external parties Excellent influencing, problem solving, and communication skillsStrong prioritization, time management, and organizational skills to meet deadlines while maintaining attention to detailKnowledge of real estate valuation methodologies; Argus experience is preferred Desire to continuously learn and develop and put developed expertise into actionApplicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity.PI260816267