Actuarial Analyst

Allstate is looking for more analytical leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. We are looking for soon-to-be college graduates to join our Pricing, Analytics and Actuarial Services team! This position will be either Home Based or Hybrid within our offices in either Chicago (IL), or Scottsdale (AZ).

The actuarial analyst is responsible for executing projects in support of pricing insurance business utilizing accepted actuarial standards, methodologies, and knowledge gained through on the job training. They work closely with their analytics management and key business partners to execute appropriate pricing, modeling and product strategies 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

Job Qualifications

• December 2023/June 2024 Bachelor’s or Master’s Degree candidates, preferably in related field of study such as actuarial science, math/applied math, or statistics/applied statistics
• Successful completion of one or more actuarial exams preferred, but not required
• Prior actuarial internship preferred, but not required.
• Basic knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications.
• Can analyze data and review analysis from others and identify and resolve basic data issues
• Strong written and verbal communication skills. High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner.
• Strong decision-making skills
• Work effectively in a team environment

The compensation range offered for this role is $70,000 – $90,000 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.

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.

Plus, Allstate is changing how, when, and where we work-to lead us boldly into our future. We’re empowering our employees to create better ways of working through more intentional use of communication and collaboration practices, processes and tools.

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.

Allstate generally does not sponsor individuals for employment-based visas for this position.