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 Vice President and Chief Reinsurance Officer will provide enterprise leadership and strategic oversight of Allstate's reinsurance strategy, financial impact, governance, placement and operational execution. This role is accountable for designing, optimizing, and executing reinsurance programs across the enterprise including catastrophe, per-risk, quota share, and aggregate arrangements. The role will align reinsurance strategy with Allstate's risk appetite and financial objectives while ensuring that reinsurance is an integral component of capital strategy and optimization.

This executive is responsible for building and maturing reinsurance analytics, financial planning, and disclosure processes. They partner closely with senior leadership across Finance, Product, Claims, Risk and Return Management, and external reinsurance markets to ensure Allstate's reinsurance program is resilient, well-governed, cost-effective, and positioned to support long-term profitable growth. The role has significant interaction with C-suite executives, the Enterprise Risk and Return Council members, and senior governance committees in presenting thoughtful alternatives, tradeoffs, and implications of options spanning traditional reinsurance, insurance-linked notes, and bespoke capital arrangements. The role is also highly integrated into Allstate's broader capital management strategy, which strives to achieve the objectives of Allstate's various stakeholders.

KEY ACCOUNTABILITIES

• Strategic Leadership

• Set and execute the strategic vision for Allstate's reinsurance program and serve as a key advisor in establishing Allstate's catastrophe risk framework alongside the Personal-Lines Chief Risk Officer and the Enterprise Risk and Return Council.

• Strategically link Allstate's reinsurance program to the company's financial objectives, growth initiatives, and broader capital management framework.

• Lead strategic decisions for reinsurance placement, structure, and financial optimization across the enterprise.

• Serve as the enterprise thought leader on reinsurance market dynamics, capital efficiency, catastrophe exposure, and risk-transfer strategies.

• Influence enterprise capital planning, underwriting strategy, and risk appetite through reinsurance insights and benchmarking.

• Maintain and deepen reinsurer, alternative capital, and broker relationships, ensuring strong partnerships, insights, performance monitoring, and market engagement.

• Reinsurance Program Design & Execution

• Build, optimize, and oversee all reinsurance programs including catastrophe, per-risk, quota share, aggregate, and intercompany arrangements.

• Ensure rigorous and creative evaluation of structuring options, pricing, and financial outcomes; communicate options and implications effectively to senior leadership, regulatory bodies, and governance committees.

• Govern end‑to‑end renewal processes, catastrophe bond issuances, and key reinsurance transactions.

• Ensure the accurate reflection of reinsurance costs and recoveries in financial results, planning processes, rate filings, and underwriting decisions.

• Financial Reporting, Controls & Governance

• Lead development and review of 10‑K, 10‑Q, and other reinsurance‑related disclosures.

• Own SOX controls related to reinsurance programs, financial reporting, and operational metrics.

• Provide comprehensive variance analysis, financial impact assessments, and board‑level presentations regarding reinsurance structure and performance.

• Ensure reinsurance programs and processes align with regulatory standards and enterprise risk management policies.

• Cross‑Functional Leadership & Integration

• Collaborate with senior leaders across Finance, Product, Claims, Risk and Return Management, and other business areas to integrate reinsurance strategy into business goals.

• Represent Allstate at external forums, panels, and market discussions.

• EDUCATION AND EXPERIENCE

• Bachelor's degree in Finance, Actuarial Science, Risk Management, Economics, or related field.

• Advanced degree or designation (MBA, MS, FCAS, etc.) preferred.

• 12+ years of progressive experience in reinsurance, catastrophe risk, insurance finance, or related disciplines.

• Demonstrated leadership experience in a complex, regulated industry, overseeing large-scale risk or financial programs.

• CERTIFICATIONS, LICENSES, REGISTRATIONS

• No Certification, License or Registration is required for the job.

• LEADERSHIP TRAITS AND FUNCTIONAL SKILLS

• Deep expertise in reinsurance structures, placement, catastrophe modeling, risk analytics, and market dynamics.

• Exceptional analytical, communication, and negotiation capabilities.

• Proven ability to lead enterprise-level financial strategies and risk-transfer programs.

• Success in navigating and influencing across a matrixed organization.

• Strong executive presence with the ability to communicate complex financial and risk concepts clearly. Ability to guide decisioning of leaders from diverse functional backgrounds.

• Demonstrated change leadership, particularly in analytical modernization and digital transformation.

• Track record of building diverse, high-performing teams and developing future leaders.

• Advanced financial acumen, including understanding of statutory, GAAP, and rating agency considerations.

Skills:

Actuarial Management, Leadership Management, People Leadership, Property & Casualty Insurance, Reinsurance, Reinsurance Broking, Underwriting, Underwriting Risk

Compensation:

At Allstate, we value in person connected experiences not just with your team but also other Allstaters. This will require travel within your local area, to one of our offices or to other offsite events 18 times per quarter.

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.

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