P&C Assistant Actuary

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 DescriptionThe P&C Assistant Actuary job is responsible for executing and/or managing projects in support of pricing insurance business utilizing accepted actuarial and statistical standards, as well methodologies and knowledge. This role works closely with analytics management and key business partners to develop and execute appropriate pricing, modeling and product strategies of moderate to high complexity to support business goals.KEY RESPONSIBILITIES• Uses best practices to lead/perform highly complex, high impact analyses, using creative actuarial, statistical and/or predictive modeling 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 often 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, with no guidance• Reviews, evaluates and communicates appropriateness of actuarial/modeling techniques and results to team and leadership that are well understood and influence business decisions• Responsible for selecting, reviewing, using and ensuring quality of data used to perform moderate to highly complex actuarial and statistical services and determination of appropriate tool utilization• Leverages understanding of insurance business, products, markets and regulatory environment to influence pricing/reserving/modeling strategies and business decisions• Mentor and/or supervise less experienced talent• Responsible for leading much of the state specific pricing work, including coordinating and executing the implementation of ASC• Collaborates with the state Systems Team on various technology and compliance projectsSUPERVISORY RESPONSIBILITIES• This job does not have supervisory duties, but would consider the additional of that responsibility based on candidate’s development goals.EDUCATION AND EXPERIENCE• Bachelors Degree required - preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics• 5 or more years of property and casualty pricing experienceCERTIFICATIONS, LICENSES, REGISTRATIONS• Associate of the Casualty Actuarial Society (ACAS) (Preferred)• Fellow of the Casualty Actuarial Society (FCAS) (Pursuing)FUNCTIONAL SKILLS• Advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications• Advanced communication skills, including the ability to present written and verbal interpretations of highly specialized terms and data• Experience in leading the development/application of predictive models as well as evaluating models• Strong coding skills are preferred; 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• Advanced project management skills to independently handle multiple project of high complexity, including managing the project work of others• Manage people/projects in a team environment, including ability to train, develop and mentor analystsFrequently 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.#LI-JB1SkillsBusiness Analysis, Customer Centricity, Data Analytics, Digital Literacy, Financial Analysis, Inclusive Leadership, Learning Agility, Performance Management (PM), Results-OrientedCompensationCompensation offered for this role is $92,560.00 - 166,465.00 annually and is based on experience and qualifications.The candidate(s) offered this position will be required to submit to a background investigation.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.For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance ProgramsTo view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.