P&C Senior Actuarial Assistant – Reserving at Allstate

P&C Senior Actuarial Assistant – Reserving

remote type

Fully Remote

locations

Remote – Remote

time type

Full time

job requisition id

R10000692

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

The P&C Senior Actuarial Assistant job under the Actuarial Reserving & Financial Support team is responsible for executing and/or managing projects in support of reserving Allstate Brand Private Passenger Auto Physical Damage coverages, Homeowners, and Specialty Lines insurance business utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge gained through on the job training. This role works closely with reserving management and key business partners to develop and execute appropriate reserving strategies of moderate complexity to support business goals.

Key Responsibilities:

• Uses best practices to determine appropriate analysis and performs moderate to highly complex analysis, using creative actuarial/statistical techniques, including proper documentation and evaluation, as appropriate to inform business decisions
• Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and sometimes serves as a subject matter expert
• Plans, implements, manages, and/or contributes on projects that are moderate to high complexity and are of moderate scale using accepted project management standards, this work is primarily self-directed
• Communicates appropriateness of actuarial techniques and results to management and non-technical users to inform business decisions
• Responsible for selecting, reviewing, using and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization
• Leverages understanding of insurance business, products, markets and regulatory environments in the creation of reserving strategies and decisions, building expertise within a specialized area
• May mentor and/or supervise less experienced talent

Education and Experience:

• Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics
• 3-5 years of property and casualty reserving experience

Certificates, Licenses, Registrations:

• Pursuing actuarial designation

Functional Skills:

• Advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
• Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and various organizational levels
• Ability to code in one or more programming languages and manipulate large, complex data sets
• Advanced product, reserving, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques
• High level project management skills to independently handle multiple projects of moderate complexity
• Lead people/projects in a team environment

Notes:

The preceding description is not designed to be a complete list of all duties and responsibilities. May be required to perform other related duties as assigned. Regular, predictable attendance is an essential function of this job.

Skills

Business Case Analyses, Consulting, Customer Centricity, Data Analysis, Data Analytics, Digital Literacy, Financial Analysis, Inclusive Leadership, Learning Agility, Results-Oriented

Compensation

Compensation offered for this role is $78,600 – 142,275 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

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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