Director, Pricing

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 enterprise P&C Actuary Director role is responsible for providing expert actuarial guidance in support of pricing/reserving insurance business utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge. This role leads a large team of managers and analysts to execute highly complex and strategic projects, while leveraging broad functional expertise and knowledge of the business to serve as a subject matter expert across the organization. Responsible for engaging senior leadership to influence business decision related to line(s) and/or geographic areas.

Key Responsibilities

• Manages teams that plan, implement, and/or contributes on projects that are high complexity and are of large scale using accepted project management standards that cross multi-disciplinary areas
• Develops and executes effective communication strategies of highly complex actuarial and modeling techniques and results to Influence complex business decisions across the organization
• Leads teams in understanding the link between Allstate's vision and strategies and department initiatives and drives achieving them. Develops department strategies and leads teams through them to help achieve corporate business results.
• Leverages understanding of insurance business, product, markets and regulatory environments to develop and lead pricing/reserving/modeling strategies to influence business decisions across the organization. Acts as a subject matter expert and serves on external panels/forums/rate hearings/provide Statement of Actuarial Opinion
• Uses best practices to develop and ensure appropriateness of highly complex actuarial/statistical analyses/methodologies used across the organization to influence business decisions while ensuring quality of data used to perform the analyses is appropriate and documentation standards are adhered to
• Collaborates and influences outside business units to drive innovation in products and achieve corporate priorities by providing actuarial thought leadership
• Manages oversight of all talent management for their expanded team including succession planning, compensation, development, bench strength, organizational structure changes, etc.
  
  

Education

• 4 year Bachelors Degree (Preferred)
  
  

Actuary accreditation (ACAS or FCAS) preferred

Experience

• 12 or more years of experience (Preferred)
  
  

Supervisory Responsibilities

• This job has supervisory duties.
  
  

Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
  
  

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. And one where you can impact the future for the greater good.

You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.