Scott McConnell

Vice President - Information Technology and Systems Development / Chief Technology Officer at PMA
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(386) 825-5501

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Experience

    • United States
    • Financial Services
    • 100 - 200 Employee
    • Vice President - Information Technology and Systems Development / Chief Technology Officer
      • Dec 2020 - Present

    • United States
    • Insurance
    • 700 & Above Employee
    • Managing Technology Director and Divisional Chief Information Officer, Allstate Investments
      • Jun 2017 - Sep 2020

      Led the organization responsible for the development and operational support of the technology platform used to manage an $80+ billion portfolio of fixed income, equity, and alternative assets for Allstate Investments – the Asset Management Business Unit of the Allstate Insurance Company. The platform is an integrated set of licensed managed services, cloud solutions, hosted 3rd-party systems, and custom-built applications that enable the straight-through processing throughout the investment management life-cycle.

    • Managing Technology Director - Systems Delivery, Allstate Investments
      • May 2010 - Jun 2017

      Responsible for execution, delivery, and oversight of all strategic and discretionary projects in Allstate Investments – the Asset Management Business Unit of the Allstate Insurance Company.Notable successes include:Transformed Allstate Investments’ business application platform, replacing bespoke legacy trading applications and data warehouse with vended services and solutions for trade order management, investment risk, investment master data management, and performance measurement and attribution integrated using a message based, hub-and-spoke model. Substantially increased investment capabilities, while enabling streamlined operations that reduced back-office support costs by >$20 Million annually.Reduced annual hardware costs by 45% ($2.5 Million annually) and decreased development and deployment time by a factor of 4 by leading the migration from physical, dedicated servers to an internal private cloud using virtual servers deployed on commodity hardware while instituting Continuous Integration and Continuous Deployment Best Practices and Agile Methodologies.With Business Unit CIO, led effort to transform IT Organization. Replaced contractor dominated staffing model with employees and offshore resources, expanding capacity by 175% while holding costs flat and maintaining service levels. Reorganized delivery model to allow for greater focus on strategic initiatives, partnered with Human Resources to implement new employee compensation and career model, developed multi-year staffing plan, and led efforts to identify and recruit new employees.

    • Managing Technology Director - Project Management Office, Allstate Investments
      • May 2008 - May 2010

      Led Allstate Investments Technology and Operations Program Office. Responsible for oversight of discretionary projects, as well as IT Governance, Systems Testing and Systems Development Lifecycle processes and reporting. Built Program Management Office responsible for program management functions (including capacity planning, business case development and tracking, issue and risk management, compliance, cost management, project definition and delivery, systems development lifecycle processes, and testing governance). Gained operational efficiencies allowing additional 15% ($2 million annual) to be devoted to strategic projects, while achieving substantial improvements in project execution.

    • Senior Manager - Allstate Insurance
      • Jun 2003 - May 2008

      Senior Manager - Agent Administration and Compensation SystemsResponsible for operations and development for Producer Administration and Commissions. Managed a team of ~50 resources with an annual budget of $6 million who were responsible for insuring timely and accurate payments of over $3 billion in annual commissions and bonuses to producers.Planned, organized and led the program office and integration team for a $30 million, multi-release, implementation of a new, SAP based, enterprise producer administration and commissions system that enabled cost savings of over $3 million annually.

    • Ireland
    • Business Consulting and Services
    • 700 & Above Employee
    • Manager
      • Mar 2000 - Jun 2003

      Led the planning, development and implementation of several strategic transformational programs in chemicals and steel industries, including the development and management of the technical infrastructure components of several large scale outsourcing agreements.Dow AgroSciences - 2003 - Applications Development ManagerAkzo Nobel Polymer Chemicals - 2003 - Technology Architecture and Infrastructure Outsourcing LeadDow Chemical - 2000 - 2003 - B2B Integration LeadLTV Steel - 1999 - 2000 - Technology Architecture Team Lead

    • Consultant/Analyst
      • Aug 1995 - Mar 2000

      Developed expertise in all areas of Software Delivery Life Cycle, serving as developer, system analyst and technical architect on a number of successful global SAP R/3 implementations at clients in the steel and industrial products industries. Lincoln Electric - 1998 - 1999 - SAP and Storage Architecture LeadLTV Steel - 1995 - 1998 - Developer and Architect for SAP Implementations

Education

  • The University of Chicago Booth School of Business
    MBA, Finance, Economics
    2000 - 2003
  • Miami University
    BS, Business
    1991 - 1995

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