Insurance companies with Real Estate Arms? Allianz and Metlife?

I need some advice. I received an offer from a small re pe shop but I'm also in the first round interviews with Allianz and Metlife for their real estate debt divisions. Has anyone heard about Allianz or Metlife or knows what the culture/pay/growth projection is? Is there any reason to take a Metlife debt side or Allianz debt side over this re pe shop that has a good track record, is expanding quickly, and opportunity to move up the company quickly and have carry? Thanks.

 

If you want to be in equity, take the REPE role in TX. 70k + bonus is plenty to live there and have a good time.

If you want to be in debt, then Metlife is a better option (they are the largest life company lender in the country). However 105k won't go as far in SF, so that is something you need to consider as well.

 
Most Helpful

I used to work at a LifeCo lender however our shop was pretty lean, about 20 people. The work can be interesting and for someone with limited RE experience they can be a great place to learn a lot about the field, but after a certain point most of your work is going to be pretty routine. You'll typically have a market or region that you'll get to know really well via Google Maps and maybe the occasional trip to go meet the sponsor, but until you're higher up you probably won't see many buildings or meet brokers & sponsors in person. At the AD/MD level it's very relationship driven, but in my experience I saw more colleagues matriculate into debt brokerage than into REPE, which was always kind of interesting. My team was in the Midwest and I'd say comp was pretty competitive. Heavier on the base with a small bonus, maybe 10%. This gets closer to 65/35 towards the top. No carry. These teams run lean though I mean you don't need a huge team of people to lend like $10B a year so I feel like moving upwards can be more difficult and everyone had been there for awhile. Personally, I'd go to the REPE shop. 70k in Texas doesn't sound bad and you'll be much closer to the actual decision makers (I would think). The way these LifeCos are structured even your department head is pretty far removed from the BSD's and the actual deal makers. My team worked on a lot of stuff, multifamily, office, industrial and retail, so it was cool getting some exposure to different deals. We'd typically look at anything from 5-100MM. This is getting long winded but I hope that answered some questions!

First post btw!.

 

Laborum in corporis rerum repudiandae. Et dolores aut autem voluptas.

Quis distinctio magnam autem dolorem aut accusantium. Vitae officiis in voluptatibus nisi vel natus.

Odit nemo facilis accusamus eos placeat eligendi. Porro qui consequuntur voluptate qui ipsum dolore qui. Recusandae et vel omnis sint nobis enim doloremque. Earum commodi quae quam deserunt magnam perferendis sint.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”