Asset Management Associate, US Real Estate Equity, L&G - Asset Management, at LegalAndGeneral

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Aug, 26

Salary

120000.0

Posted On

21 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Budgeting, Variance Analysis, Forecasting, Market Trend Analysis, Excel, Argus, CoStar, Yardi, PowerPoint, Due Diligence, Asset Management, Business Planning, Collaboration, Written Communication, Verbal Communication

Industry

Financial Services

Description

Company Description L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet. Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change. Job Description Reporting to the Director of Asset Management, the Asset Management Associate will provide oversight to specific assets including, but not limited to, the firm’s long lease, multifamily and life science assets. The position will help develop and execute on stabilized, value added, and ESG centric business plans. Perform financial analysis, including budgeting, variance analysis, and forecasting, to assess property performance. Monitor and analyze market trends, competitive properties, and economic indicators to make informed business plan recommendations. Help develop and execute annual budgets and business plans in consultation with third party property managers and operating partners. Collaborate on budget forecasts and quarterly valuations. Monitor and provide analysis on monthly, quarterly, and annual financial and operational reports Collaborate closely with acquisition team to provide operational insight, due diligence support and devise business plans. Work collaboratively with legal, accounting, tax and insurance teams. Promote L&G culture and values. Qualifications Bachelor's degree in finance, real estate, or related technical field Strong analytical skills and experience with various software tools (Excel, Argus, CoStar, Yardi, PowerPoint, etc.). Strong organizational skills and attention to detail with the ability to manage multiple projects under tight timelines simultaneously. Communication skills, both written and verbal Ability to work within a team environment with a high degree of collaboration including with senior staff 2-5 years’ experience working at a real estate investment company or financial services firm. Additional Information $100,000 to $120,000 The starting salary offer will vary based on multiple factors, including but not limited to the applicant’s education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company’s annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance. The starting salary offer will vary based on multiple factors, including but not limited to the applicant’s education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company’s annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance. EOE Statement As an EOE employer, L&G Asset Management, America will extend equal opportunity to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, ancestry, national origin, age, disability, medical condition, genetic information, marital status, pregnancy, military status, and/or any other characteristic protected under applicable federal, state or local laws governing non-discrimination in employment. (2025) Permanent/Regular or Fixed Term Contract/Temporary: Permanent (UK and ROW) / Regular (US) L&G Business Unit: Legal & General Investment Management L&G sub Business Unit: LGIMA Primary Location: USA, Chicago Job Family: Property Investment Management Compensation: USD 100000 - USD 120000 - yearly

Responsibilities

The Associate provides oversight for long lease, multifamily, and life science assets by developing and executing business plans. They perform financial analysis, budgeting, and forecasting while collaborating with acquisition and operational teams.