Senior Actuarial Assistant (P&C)

The P&C Senior Actuarial Assistant job is responsible for executing and/or managing projects in support of pricing insurance business utilizing accepted actuarial and statistical standards. This role works closely with analytics management and key business partners to develop and execute appropriate pricing, modeling, and product 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 and/or predictive modeling techniques, including proper documentation and evaluation 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/modeling 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 business strategies and decisions, building expertise within a specialized area.
• May mentor and/or supervise less experienced talent.

Preferred Qualifications:

Education and Experience:

• Bachelor’s degree required – preferably in a related field of study such as actuarial science, math/applied math, statistics/applied statistics.
• 3-5 years of property and casualty pricing/modeling 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.
• Experience in using, modifying, and building predictive models as well as adapting them to unique situations.
• Ability to code in one or more programming languages and manipulate large, complex data sets.
• Advanced product, price, 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.

Frequently cited statistics show that women and underrepresented groups apply to jobs only if they meet 100% of the qualifications. People rarely meet 100% of the qualifications. Allstate encourages you to break that statistic and to apply. We look forward to your application.

Skills:

• Data Analysis

Compensation:

Compensation offered for this role is $78,600.00 – 142,275.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.