Actuarial Assistant (Dealer Services)

Job Summary:

The Actuarial Assistant – Allstate Dealer Services job is responsible for executing projects in support of pricing Vehicle Service Contract, GAP and Ancillary products business utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge gained through on the job training. This role works closely with business partners to execute appropriate pricing, modeling and product strategies of low to moderate complexity to support business goals.

Key Responsibilities:

• Uses best practices, with limited coaching, to perform basic to moderately complex analysis, using traditional actuarial, statistical and/or predictive modeling techniques, including proper documentation and evaluation, to provide insights and meet business needs
• Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
• Manages, and/or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance
• With limited coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications
• Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
• Develops understanding of system setup requirements to support and perform product update implementations 

Education and Experience:

• Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics
• 2-4 years of experience, one or more years of property and casualty pricing/reserving/modeling experience (Vehicle Service Contract experience preferred)

Certificates, Licenses, Registrations:

• Pursuing actuarial designation

Functional Skills:

• Knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
• Strong written and verbal communication skills
• Experience in using and modifying predictive models as well as adapting them to unique situations
• Ability to code in one or more programming languages (R and SQL preferred) and manipulate large data sets
• Basic product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques
• Ability to complete multiple concurrent assignments in a timely manner, with limited guidance
• Work effectively 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.

Compensation offered for this role is $81,000.00-$108,750.00 per year 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.

Good Work. Good Life. Good Hands®.

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life — including a generous paid time off policy.