The Illinois Actuarial Science Program's Alumnus of the Year Award is given to alumni who have made outstanding contributions in one or more of the following ways:
- Exceptional accomplishment in the actuarial profession.
- Exceptional accomplishment in non-traditional areas of actuarial practice.
- Exceptional service in local, state or national affairs.
- Exceptional service in support of the advancement and continued excellence of the Illinois Actuarial Science Program.
2020 Actuarial Science Alumnus of the Year
BS Actuarial Science 1992
Steven Armstrong of Chicago has 28 years of actuarial experience within the insurance industry. He has worked at several insurance industry leaders with the majority of his professional career as a member of the Allstate Insurance Co. team.
Over his 25+ years with Allstate, Armstrong has held numerous positions of increasing scope and leadership, and currently serves as vice president of pricing analytics and actuarial services. In this role, he has shared responsibility for pricing more than $20 billion in premiums and has a lead role in improving pricing sophistication through advancing actuarial methods. Notably, Armstrong was one of the first actuaries to be part of a team that brought forward a telematics, usage-based auto insurance program in the U.S., known now as Drivewise by Allstate.
Armstrong is also the president of the Casualty Actuarial Society (CAS), where he has been a fellow since 1996. One of the youngest elected presidents, he previously served as president-elect, as a member of the CAS board, and has served and held chairmanships for numerous other CAS committees and taskforces. In addition to his years of membership with the CAS, Armstrong holds membership in the American Academy of Actuaries, has written articles for a variety of publications, and has spoken at numerous industry engagements, including serving as a lecturer for the 2019 Distinguished Guest Lecturers in Actuarial Science on campus.
Armstrong graduated Summa Cum Laude with a bachelor’s degree in actuarial science from Illinois in 1992. He later completed an MBA with a concentration in marketing from the University of Illinois at Chicago in 2003.
2019 Actuarial Science Alumnus of the Year
BS Actuarial Science and Finance 1996
Jonathan Ankney currently serves as Human Capital COO at Deloitte Consulting LLP and is accountable for the financial and operational performance of a $1.2 billion annual revenue offering portfolio. Along with 20 years of consulting experience and 3 years of insurance industry experience, he is an associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries.
His client industry focus has primarily been in the insurance and reinsurance sectors, but he has also served self-insured corporations in the manufacturing, consumer products, retail, and services sectors. More specifically, he has exceptional experience in the areas of property and casualty loss reserving, asbestos, warranty, due diligence, regulatory support, litigation support, predictive modeling, management consulting, practice management, financial forecasting, and training design, development, and delivery.
As an alumnus of the University of Illinois at Urbana-Champaign, Ankney has demonstrated a dedication to the importance of higher education as seen through his active participation on the department’s Mathematics Development Advisory Board and Actuarial Science Advisory Board, and as a leading actuarial recruiter for Deloitte for the past 15 years. Jonathan has also been a strong advocate of the Illinois Actuarial Science Program in recent years, as he has been instrumental in organizing many alumni events including the Deloitte alumni visit and the Actuarial Science Reunion in Chicago.