Allstate Insurance Creating 1,300 New Jobs with $11 Million Expansion in Irving
Allstate Insurance Company will invest $11 million to expand their Irving facilities. The expansion is expected to create 1,300 new jobs.
Texas Gov. Greg Abbott said the company will receive a $2.6 million grant from state's business incentive fund, the Texas Enterprise Fund (TEF), to assist with the expansion project. In order to receive the grant, Allstate must create at least 1,300 jobs by the end of 2024.
The expansion will take place over the next five years. The timeline of the new Allstate jobs is scheduled as follows:
- 2019: 150 jobs
- 2020: 250 jobs
- 2021: 400 jobs
- 2024: 500 jobs
The average wage required in the agreement starts at $64,835, with 3% increases each year.
“We appreciate the partnership with the City of Irving as well as with the State of Texas,” said Greg Burns, Senior Vice President Human Resources at Allstate. “We’re excited to expand our presence in the Irving area as we provide the best service to customers, develop talent and serve the community.”
You can view and apply to Allstate jobs at GreatInsuranceJobs.com/Allstate.