Jess Merten

Jess Merten

President, Property-Liability, Allstate Insurance Company

AllstateChicago, Illinois, United States

View LinkedIn Profile
Experience30+ Years
LevelCXO

Executive Overview

President, Property-Liability, Allstate - the nation's largest publicly held personal lines insurer. Passionate, customer focused and purpose driven leader that believes in the power of motivating great people to accomplish extraordinary things. Other career highlights include: - Chief Financial Officer with broad experience including capital management, M&A transactions, activist defense and shareholder engagement. Relentlessly focused on creating value for shareholders - P&L Leadership as President, Allstate Financial Products, which included Allstate's Health and Benefits segment, life insurance and retirement solutions, and a disruptive direct to consumer digital life insurance venture. Led 3,500+ employees through strategic shifts and major divestitures - Chief Risk Officer, building on Allstate's strong risk and return foundation to better understand risk, quantify it and develop an effective framework to optimize enterprise return - Finance leadership roles including Corporate Treasurer and Chief Financial Officer of Allstate Financial - Led Corporate Strategy as Treasurer - PwC Assurance partner focused on serving the financial services industry, primarily insurers, in life, health and property casualty business - 2019 Fellow of CEO Perspectives, a program designed for professionals reporting directly to the CEOs of Fortune 500 and select growth companies to accelerate professional development and broaden their perspectives so they can better support the CEO and help to navigate challenges and opportunities with strategic agility and confidence

Career Timeline

Professional employment history
  • AllstateCurrent
    2015–Present· 11 yrs 8 mos
    • President, Property and LiabilityCurrent
      Oct 2025–Present
    • President, Property Liability
      Oct 2025–Oct 2025
    • Chief Financial Officer
      Sep 2022–Oct 2025
    • President, Allstate Financial Products
      May 2020–Aug 2022
    • Executive Vice President and Chief Risk Officer
      Dec 2017–May 2020
    • Senior Vice President & Treasurer
      2015–Apr 2019
  • 2012–2015· 3 yrs
    • Senior Vice President, Chief Financial Officer
      May 2012–2015
    • Senior Vice President, Finance
      2012–May 2012
  • Mar 2004–Dec 2011· 7 yrs 9 mos
    • Partner
      Mar 2004–Dec 2011
  • Nov 2000–Mar 2004· 3 yrs 4 mos
    • Senior Manager, IT Audit
      Nov 2000–Mar 2004
  • 1996–Nov 2000· 4 yrs 10 mos
    • Audit Manager
      1996–Nov 2000

Education

BBA

Accounting, Finance

University of Wisconsin–Oshkosh

Executive Relationship Map

Reports To
Jess Merten
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

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Skills & Expertise

20 of 20 skills
PresidencyProperty & Casualty InsuranceLife InsuranceFinancial AnalysisRisk ManagementOperational PlanningTreasuryMergers & AcquisitionsAccountingStrategyStrategic PlanningHealth InsuranceBusiness StrategyFinancial ReportingStrategic CommunicationsGrowth StrategiesFinancial PlanningInsuranceCFOsEnterprise Risk Management