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Allstate

Allstate

Allstate Benefits Actuarial Intern

Allstate Benefits Actuarial Intern

Job Details
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Uploaded On
September 29, 2024
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Location
United States
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Remote?
No
Company Overview
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Headquarters
Northfield Township, IL
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Number of Employees
45780
Estimated Number of Actuaries
320
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
51%
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Overall Score
3.4 / 5

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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
Allstate Benefits is seeking an ambitious and driven individual to join our Actuarial Department as an intern. This unique opportunity offers hands-on experience in core actuarial functions and financial analysis, while also providing valuable training in business growth strategies, profitability, and risk management. If you're ready to make an impact in a dynamic and evolving field, we want to hear from you!

Key Responsibilities

As an intern in Allstate Benefits' Actuarial Department, you'll gain hands-on experience across a range of critical actuarial and financial functions, including:
  • Actuarial projections and analysis
  • Month-end reporting and strategic claim cost updates
  • Supporting company and state reporting initiatives

Additionally, you'll be involved in profitability and risk management projects that require creativity and problem-solving, providing valuable support to the Product Actuarial team while managing multiple high-impact projects simultaneously.

Knowledge/Skills/Abilities/Experience

We're looking for someone who is passionate about actuarial science and ready to grow their career with us. The ideal candidate should:
  • Be pursuing a Bachelor's degree in Mathematics, Statistics, Finance, or a related field from an accredited institution
  • Have passed at least one actuarial exam through the Society of Actuaries
  • Be proficient in Excel, PowerPoint, Word, and SQL, or demonstrate a strong ability to quickly learn new software and programming languages
  • Possess excellent oral and written communication skills to effectively collaborate with cross-functional teams


Skills
Customer Centricity, Digital Literacy, Inclusive Leadership, Learning Agility, Results-Oriented

Compensation

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 Programs

To 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.
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Working at 

Allstate

Allstate Corporation is one of the largest personal lines insurers in the United States, offering a range of insurance products including auto, home, renters, and life insurance. The company was founded in 1931 and is headquartered in Illinois, with operations in the United States, Canada, and other countries. Allstate is known for its innovative use of technology to improve the insurance experience for its customers, including the use of telematics to monitor driving behavior and offer discounts to safe drivers. The company also offers a variety of insurance products and services through its subsidiary companies, including Allstate Financial and SquareTrade. In addition to insurance, Allstate provides a range of financial services, including retirement planning, investment products, and banking services. The company is committed to social responsibility and supports a number of community initiatives, including disaster response and recovery efforts, education programs, and workforce development. Overall, Allstate is a respected leader in the insurance industry, known for its innovative products, financial stability, and commitment to social responsibility.

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