P&C Actuary Director, Reserving

Allstate•McCullom Lake, IL

About The Position

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, Reserving role is responsible for the estimation of loss and expense reserves for Homeowners, Specialty Lines non-Auto, Auto Physical Damage, Commercial Vehicle, Runoff Property-Liability, and Catastrophe Reserving utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge. The P&C Actuary Director, Reserving assists the department Vice President with both specific tasks such as presenting at loss committee meetings and meeting/coordinating with the external auditors and actuaries. The Director provides expert level analysis and execution of current reserving processes and programs, benchmarks against industry techniques, and determines the reserving techniques to use in order to achieve department objectives. Responsible for engaging senior leadership to influence business decisions related to line(s) and/or geographic areas. As a Director, you won’t just deliver results – you drive our culture and shared purpose. At Allstate, we value in person connected experiences not just with your team but also other Allstaters. This may require travel within your local area or to one of our offices on a regular basis.

Requirements

4 year Bachelors Degree (Preferred)
12 or more years of experience (Preferred)
In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
Fellow of the Casualty Actuarial Society (FCAS) or equivalent actuarial designation (Required)
Technical & Analytical Skills
Ability to quickly master and apply a broad range of analytical tools, data sources, and software applications
Deep expertise in loss reserving methodologies and advanced actuarial/statistical techniques
Strong knowledge of insurance reserving, risk management frameworks, and regulatory requirements
Advanced understanding of GAAP and Statutory Accounting principles
Executive Communication & Influence
Exceptional communication skills with the ability to craft and deliver clear, compelling, and executive‑ready messages. Adept at tailoring content to diverse audiences, simplifying complex concepts, and presenting confidently to senior leadership, stakeholders, and cross‑functional partners
Proven capability to successfully influence decision-makers and collaborators at all levels - upward, downward, and laterally. Able to build alignment, negotiate effectively, and drive outcomes without relying solely on positional authority. Skilled in guiding and coaching others in the proper use of technical and analytical language; able to serve as a subject matter expert to internal partners
Leadership & Management
Proven leadership experience, including the ability to train, mentor, and develop people leaders.
Ability to lead teams with empathy and clarity during periods of significant organizational change or transformation.
Skilled at building trust and maintaining team engagement while navigating ambiguity and evolving priorities
Project & Program Management
Advanced project management capabilities, with a strong track record of independently leading multiple, high‑complexity initiatives that span multiple business functions.
Skills
Actuarial Pricing
Actuarial Reserving
Executive Influence
People Leadership
Program Management

Responsibilities

Uses best practices to develop and ensure appropriateness of highly complex actuarial reserving 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
Manages oversight of all talent management for their expanded team including succession planning, compensation, development, bench strength, organizational structure changes, etc.
Reviews and makes observations of appropriateness of highly complex loss reserving techniques in dynamic environments for multiple lines of business
Develops and executes effective communication strategies of highly complex actuarial reserving 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.
Meets with, influences, and provides information to external auditors, external appointed actuary, and state departments of insurance
Provides expert consultation on highly complex reserving issues
Identifies and resolves complex data issues
Trains/coaches team members or peers and actively shares expertise with peers
Develops and adheres to internal and external compliance requirements and standards