Enterprise Operational Risk & Return Committee Expert

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

Posting Title: Enterprise Operational Risk & Return Committee Expert

Allstate Business Title: Risk & Return Management Expert

Reports to: Sr. Manager, OR

Team and what they do:

Operational Risk & Return Committee (ORRC)

• Reporting into the broader Enterprise Risk and Return Council and the board, the ORRC team leads cross-functional risk councils and working groups that drive transparent risk visibility and informed decision-making across the organization.

• The team brings together subject matter experts to review top and emerging risks, control updates, policies, and assessment results, ensuring risks are well understood, prioritized, and addressed.

• Key outcomes of the forums led by this team include clear, timely risk decisions and escalation of material issues, early identification of emerging risks, strengthened control environment and mitigation actions, alignment of policies and standards with evolving threats and improved risk prioritization and visibility into control gaps

• This role helps ensures discussions are structured, inputs are high quality, and decisions are actionable.

Specific Work Scope - Expert

• Primary stakeholder interaction: EVP and SVP-level leaders

• Drive Executive decisions through rigorous frameworks, technical credibility, and trusted influence; elevating how risk and return are understood and acted upon.

Essential Functions

• Lead Executive risk decision forums at the senior-most levels: prepare EVP/SVP-level discussions to drive high-stakes, enterprise risk and return decisions

• Challenge and elevate strategic risk narratives: Act as a trusted challenger to senior leadership, ensuring risks are thoroughly vetted before decisions are made.

• Influence and drive alignment on frameworks, templates, and decision standards that set the enterprise standard for how risk is evaluated and communicated.

• Apply deep technical and security expertise: Anchor decisions in realistic, credible technical understanding, especially in complex environments.

• Provide Thought Leadership in risk decisioning: Shape the organization’s approach to risk, not just individual decisions.

• Champion least privilege as a strategic principle: Position least privilege as both technical control and business risk discipline.

• Influence at the highest levels: Operate as a trusted advisor to EVP/SVP leaders, influencing without formal authority.

Required Qualifications

• Seven plus years of progressive experience in operational risk, technology risk (Artificial Intelligence, Data, Data Models, systems) Cybersecurity, Business Continuity, Disaster Recovery, or enterprise risk management

• Executive-Level Facilitation & Influence: Proven experience leading or facilitating discussions with EVP/SVP-level stakeholders, and ability to drive high-stakes, enterprise-level risk and return decisions

• Enterprise Risk Management: Strong background in enterprise risk management (ERM), operational risk, or related disciplines, and experience identifying, assessing, and prioritizing top and emerging risks

• Strategic Thinking & Risk Decisioning: Demonstrated ability to shape and challenge risk narratives at a senior leadership level, and experience ensuring risks are rigorously vetted and actionable decisions are made

• Frameworks & Governance: Track record of building or implementing risk frameworks, standards, templates, and governance models, and ability to standardize how risk is evaluated, documented, and communicated enterprise-wide

• Technical & Security Acumen: Solid understanding of security, controls, and complex technology environments, and ability to apply technical credibility when influencing risk decisions

• Stakeholder Management & Influence: Proven ability to influence without authority across senior leadership teams, and experience operating as a trusted advisor in cross-functional environments

• Thought Leadership: Experience shaping or evolving an organization’s approach to enterprise risk decisioning

• Strong Communication Skills: Ability to translate complex technical and risk concepts into clear, executive-level messaging, and skilled in driving structured, outcome-oriented discussions

Preferred Qualifications

• Financial Risk & Return Alignment: Experience linking risk decisions with business/financial outcomes (risk vs. return trade-offs)

• Leadership in Risk Forums or Councils: Experience leading or supporting risk committees, councils, or governance boards

• Operational Risk Controls: Familiarity with least privilege principles and modern security, data, and technology practices

• Change Leadership: Ability to drive organizational maturity in risk practices and improve how issues and risks are surfaced and addressed

• Cross-Industry or Complex Environment Exposure: Experience in large, complex, highly regulated environments with diverse technology landscapes

Skills

Accountability, Committee Management, Executive Briefing, Executive Presence, Executive Presenting, Executive Reports, Executive Visibility, Governance Risk, Operation Risk Management, Relationship Building, Risk Analysis, Risk Management, Strategic Initiative

Compensation

Compensation offered for this role is 98,100.00 - 167,850.00 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. 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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Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.

When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.