Actuarial Analyst (Health)

The Actuarial Analyst position is an entry-level role responsible for executing projects in support of pricing/reserving 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 management and key business partners to execute appropriate pricing, modeling and product strategies of low complexity to support business goals.

Key Responsibilities:

• Uses best practices, with significant coaching, to review and analyze business data using traditional actuarial, statistical and/or predictive modeling techniques to provide insights and meet business needs
• With significant coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications
• Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
• Develops understanding of insurance business, products, and regulatory environments

Education and Experience:

• Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics
• Actuarial internship preferred
• 0-2 years of experience

Certificates, Licenses, Registrations:

• Must be pursuing actuarial designation

Functional Skills:

• Basic knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
• Strong written and verbal communication skills
• Ability to complete multiple concurrent assignments in a timely manner
• Work effectively in a team environment

About Allstate

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.

We are the Good Hands. We don’t follow the trends. We set them.

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 $70,000.00-$90,250.00 per year and is based on experience and qualifications.