Corporate Development Manager Jobs in Chicago, IL
Corporate Development Manager jobs in Chicago are actively posted across the Loop, River North, and the Fulton Market District, with strong demand in financial services, healthcare, and private equity. Employers hiring right now include JPMorganChase, PNC Financial Services, and CDW. See the openings below and apply to the ones that match your experience.
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Showing 5 of 19+ Corporate Development Manager jobs
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
The Director, Corporate Development serves as a strategic advisor and enterprise leader responsible for identifying, evaluating, and executing M&A growth opportunities that advance Allstate's long-term business objectives. This role leads all aspects of mergers and acquisitions, divestitures, and joint ventures, from opportunity assessment and valuation through transaction execution and integration planning.Partnering closely with senior executives, business leaders, Finance, Legal, Strategy, and external advisors, the Director develops perspectives on market opportunities, industry trends, and strategic alternatives while driving disciplined capital deployment and value creation. The role combines deep transaction expertise, financial acumen, executive influence, and strong external relationship management to position Allstate for future growth.
Corporate Development Strategy
- Partner with executive leadership to identify, evaluate, and prioritize strategic growth opportunities aligned to enterprise objectives.
- Develop and maintain a corporate development pipeline, including acquisitions, divestitures, and joint ventures.
- Monitor industry trends, competitive dynamics, emerging technologies, and market developments to identify potential opportunities and risks.
- Provide strategic recommendations regarding portfolio optimization, capital deployment, and business growth initiatives.
- Cultivate and manage relationships with investment banks, advisors, and other external market participants.
- Develop proprietary and advisor-led deal flow to support enterprise growth objectives.
- Represent Allstate in discussions with external partners, acquisition targets, and stakeholders.
- Lead rigorous financial modeling, business valuation, and scenario analysis to assess strategic alternatives and investment opportunities. Supplement with understanding of precedent market deals.
- Evaluate transaction economics, synergy opportunities, risks, and return expectations.
- Communicate valuation rationale, analytics, alternative valuations and recommendations to executive audience
- Lead end-to-end execution of mergers, acquisitions, and joint venture transactions.
- Direct cross-functional deal teams and coordinate diligence and deal activities across Finance, Accounting, Legal, Tax, Treasury, HR, Technology, Risk, Compliance, and business unit experts.
- Structure and negotiate transaction terms to optimize strategic and financial outcomes.
- Manage transaction timelines, governance requirements, and executive decision-making processes.
- Synthesize diligence findings into actionable recommendations for senior leadership.
- Partner with business leaders to develop integration strategies, operating models, and value creation plans.
- Establish frameworks to monitor synergy realization and transaction performance.
- Conduct post-acquisition and post-divestiture reviews to assess outcomes and capture lessons learned.
- Build and develop a high-performing corporate development function.
- Influence senior leaders and business partners through strategic insight, data-driven recommendations, and trusted advisory relationships.
- Foster collaboration across enterprise stakeholders to drive alignment and successful execution of strategic initiatives.
- 10+ years of progressive experience in corporate development, mergers and acquisitions, investment banking, private equity, transaction advisory, strategy consulting, or related disciplines.
- Significant experience leading complex transactions from origination through execution and integration.
- Demonstrated experience developing executive-level recommendations and influencing senior decision makers.
- Proven ability to lead cross-functional teams in highly complex and ambiguous environments.
- Experience within financial services, insurance, fintech, or adjacent regulated industries.
- Experience partnering with executive leadership teams.
- Prior leadership responsibility for building and developing teams.
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
- MBA, CFA, CPA, or other relevant advanced degree/certification preferred.
- Strategic Thinking & Enterprise Perspective
- M&A and Transaction Expertise
- Financial Modeling & Valuation
- Negotiation & Deal Structuring
- Market & Competitive Intelligence
- Relationship Management
- Executive Influence & Communication
- Cross-Functional Leadership
Skills
Compensation
CompensationCompensation offered for this role is 187,000.00 - 268,000.00 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. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.
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.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO Know Your Rights” 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.
Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.
When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.
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
The Director, Corporate Development serves as a strategic advisor and enterprise leader responsible for identifying, evaluating, and executing M&A growth opportunities that advance Allstate's long-term business objectives. This role leads all aspects of mergers and acquisitions, divestitures, and joint ventures, from opportunity assessment and valuation through transaction execution and integration planning.Partnering closely with senior executives, business leaders, Finance, Legal, Strategy, and external advisors, the Director develops perspectives on market opportunities, industry trends, and strategic alternatives while driving disciplined capital deployment and value creation. The role combines deep transaction expertise, financial acumen, executive influence, and strong external relationship management to position Allstate for future growth.
Corporate Development Strategy
- Partner with executive leadership to identify, evaluate, and prioritize strategic growth opportunities aligned to enterprise objectives.
- Develop and maintain a corporate development pipeline, including acquisitions, divestitures, and joint ventures.
- Monitor industry trends, competitive dynamics, emerging technologies, and market developments to identify potential opportunities and risks.
- Provide strategic recommendations regarding portfolio optimization, capital deployment, and business growth initiatives.
- Cultivate and manage relationships with investment banks, advisors, and other external market participants.
- Develop proprietary and advisor-led deal flow to support enterprise growth objectives.
- Represent Allstate in discussions with external partners, acquisition targets, and stakeholders.
- Lead rigorous financial modeling, business valuation, and scenario analysis to assess strategic alternatives and investment opportunities. Supplement with understanding of precedent market deals.
- Evaluate transaction economics, synergy opportunities, risks, and return expectations.
- Communicate valuation rationale, analytics, alternative valuations and recommendations to executive audience
- Lead end-to-end execution of mergers, acquisitions, and joint venture transactions.
- Direct cross-functional deal teams and coordinate diligence and deal activities across Finance, Accounting, Legal, Tax, Treasury, HR, Technology, Risk, Compliance, and business unit experts.
- Structure and negotiate transaction terms to optimize strategic and financial outcomes.
- Manage transaction timelines, governance requirements, and executive decision-making processes.
- Synthesize diligence findings into actionable recommendations for senior leadership.
- Partner with business leaders to develop integration strategies, operating models, and value creation plans.
- Establish frameworks to monitor synergy realization and transaction performance.
- Conduct post-acquisition and post-divestiture reviews to assess outcomes and capture lessons learned.
- Build and develop a high-performing corporate development function.
- Influence senior leaders and business partners through strategic insight, data-driven recommendations, and trusted advisory relationships.
- Foster collaboration across enterprise stakeholders to drive alignment and successful execution of strategic initiatives.
- 10+ years of progressive experience in corporate development, mergers and acquisitions, investment banking, private equity, transaction advisory, strategy consulting, or related disciplines.
- Significant experience leading complex transactions from origination through execution and integration.
- Demonstrated experience developing executive-level recommendations and influencing senior decision makers.
- Proven ability to lead cross-functional teams in highly complex and ambiguous environments.
- Experience within financial services, insurance, fintech, or adjacent regulated industries.
- Experience partnering with executive leadership teams.
- Prior leadership responsibility for building and developing teams.
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
- MBA, CFA, CPA, or other relevant advanced degree/certification preferred.
- Strategic Thinking & Enterprise Perspective
- M&A and Transaction Expertise
- Financial Modeling & Valuation
- Negotiation & Deal Structuring
- Market & Competitive Intelligence
- Relationship Management
- Executive Influence & Communication
- Cross-Functional Leadership
Skills
Compensation
CompensationCompensation offered for this role is 187,000.00 - 268,000.00 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. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.
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.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO Know Your Rights” 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.
Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.
When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.
See All 19 Corporate Development Manager Jobs in Chicago
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Find JobsCorporate Development Manager Job Market in Chicago
Who's Hiring
Top Industries Hiring
- Medical Devices
- Consulting & Professional Services
Corporate Development Manager Jobs in Chicago: Frequently Asked Questions
How do I get a corporate development manager job in Chicago?
Focus your search on Chicago's financial services corridor in the Loop and the growing Fulton Market tech and healthcare cluster, where M&A and strategic growth activity is heaviest. Private equity-backed companies, large health systems, and diversified industrials headquartered here hire most actively. Candidates with hands-on deal execution experience, an MBA from a local program, and a network built through Chicago finance or strategy circles tend to move fastest through the hiring process.
Which companies hire corporate development managers in Chicago?
Chicago corporate development manager roles are posted by JPMorganChase, PNC Financial Services, and CDW and others right now, based on current listings on Migrate Mate as of August 2026. Chicago's mix of Fortune 500 headquarters, mid-market private equity platforms, and large regional health systems means openings come from a wide range of employer types across the city.
Are there remote corporate development manager jobs in Chicago?
Yes, though the role is largely relationship-driven and deal-intensive, which limits full-remote arrangements compared to purely analytical positions. About 100% of corporate development manager openings tied to Chicago are remote or hybrid as of August 2026, with most flexibility appearing in the diligence and financial modeling phases rather than deal sourcing or integration work.
How can I get a corporate development manager job in Chicago with little or no experience?
The most realistic entry path in Chicago is moving laterally from investment banking, strategy consulting, or corporate finance roles at one of the city's large financial institutions or professional services firms. Bulge-bracket banks and the major consulting offices concentrated in the Loop regularly place analysts into internal corporate development functions. Roles titled strategic planning analyst or M&A associate at a Chicago-area industrial or healthcare company are common stepping stones, and an MBA from Booth or Kellogg accelerates the transition.
Which industries hire the most corporate development managers in Chicago?
Chicago corporate development manager roles concentrate in Medical Devices and Consulting & Professional Services, based on current listings on Migrate Mate as of August 2026. Chicago's status as a major financial hub, combined with its density of healthcare headquarters and private equity firms, makes those sectors the primary drivers of local hiring in this function.
See All 19 Corporate Development Manager Jobs in Chicago
Find roles in Chicago that match your experience and apply in just a few clicks.
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