P&C Actuarial Assistant - Reserving

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 Description

The P&C Actuarial Assistant job is responsible for executing projects in support of 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 analytics management and key business partners to execute appropriate reserving strategies of low to moderate complexity to support business goals.

Key Responsibilities

• Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
• With limited coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications
• Manages, and/or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance
• Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
• 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

Education

• 4 year Bachelors Degree
• Active pursuit of Casualty Actuarial Society credential required

Experience

• 2 or more years of reserving experience (Preferred)
• Experience with Microsoft Excel, SQL, R Programming, VBA and/or Power BI (Preferred)

Supervisory Responsibilities

• This job does not have supervisory duties.

Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

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Skills

Business Analysis, Business Process Development, Data Analytics, Financial Analysis

Compensation

Compensation offered for this role is $66,800.00 - 120,650.00 annually and is based on experience and qualifications.

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

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.

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