Senior Actuarial Assistant - P&C - Excess and Surplus

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 Senior Actuarial Assistant - P&C - Excess and Surplus job is responsible for executing and/or managing projects in support of pricing/reserving insurance business, while 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 develop and execute appropriate pricing, modeling and product strategies of moderate complexity to support business goals. This role works with Excess and Surplus homeowners lines of business.

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, as appropriate to inform business decisions
• May mentor and/or supervise less experienced talent
• Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
• Responsible for selecting, reviewing, using and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization
• Communicates appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions
• Plans, implements, manages, and/or contributes on projects that are moderate to high complex and are of moderate scale using accepted project management standards, this work is primarily self-directed
• Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and sometimes serves as a subject matter expert
 

Functional Skills
• Understanding of Excess and Surplus lines of business
• 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. Specifically the ability to work in R, SQL, and PowerBI.
• 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
 

Education
• 4 year Bachelors Degree (Preferred)
• Must be actively pursuing a Casualty Actuarial Society (CAS) designation
 

Experience
• 3+ years of experience (Required)
 

Supervisory Responsibilities
• This job may have supervisory duties.
 

Education & Experience (in lieu)
• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

#LI-SP1

Skills

Business Case Analyses, Client Counseling, Data Analytics, Financial 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.

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.

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