Risk & Return Manager

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

As a Risk & Return Manager, you'll lead the strategic initiative to provide risk and return expertise to the organization. You'll bring deep insights to your clients and help to implement and influence the Enterprise Risk and Return Management (ERRM) frameworks across Allstate. The ERRM framework consists of tools, standards, and risk processes which direct and assist Market Facing Businesses and Areas of Responsibility to identify and assess risk, mitigate risk in accordance with appetite and analyze and understand the risk environment overall.

Key Responsibilities

• Educate and empower 1st Line to drive risk and return and increase 1st Line accountability

• Develop a holistic view of risk and return, apprised of business strategies, results and challenges. Considered an extension of 1st Line leadership teams and advises ERRM leaders on risk profile of relevant areas/initiatives

• Serve as a trusted risk advisor, respond to 1st Line risk and return needs; supports with consistent application of the risk frameworks and facilitate risk and return decisions and risk-based prioritization

• Lead risk and return reviews in targeted areas of risk and provide risk consulting on complex or cross functional topics

• Review, research, interpret, and analyze risk data to identify trends, emerging risks, and issues and form hypotheses and assumptions of future impact.

• Responsible for effective independent challenge of first line risk management activities and accountable to escalate and report significant issues.

• Influence the appropriate management of risk, including: monitoring, reporting, and an escalation structure to optimize risk and return.

• Communicate with to leadership including preparing information to the Operational Risk and Return Council and Enterprise Risk and Return Council.

• Contribute to or leads strategic initiatives for the enterprise risk and return management program.

• Build and maintain strong working relationship with 1st Line leadership, including support areas (Technology, Legal, Compliance, HR, Procurement and other key functional areas)

Education

• 4 year Bachelors Degree (Preferred)

Experience

• 7 or more years of experience (Preferred)

#LI-TE1

Skills

Accountability, Enterprise Risk Management (ERM), Operational Risks, Relationship Building, Risk Analysis, Risk Assessments, Risk Framework, Risk Management, Stakeholder Relationship Management, Strategic Initiative, Taking Initiative

Compensation

Compensation offered for this role is $92,560.00 - 166,465.00 annually and is based on experience and qualifications.

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. 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.

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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