Founded by The Allstate Corporation in 2016, Arity is a data and analytics company focused on improving transportation. We collect and analyze enormous amounts of data, using predictive analytics to build solutions with a single goal in mind: to make transportation smarter, safer and more useful for everyone.

At the heart of that mission are the people that work here-the dreamers, doers and difference-makers that call this place home. As part of that team, your work will showcase both your intelligence and your creativity as you tackle real problems and put your talents towards transforming transportation.

That's because at Arity, we believe work and life shouldn't be at odds with one another. After all, we know that your unique qualities give you a unique perspective. We don't just want you to see yourself here. We want you to be yourself here.

The Rating Services Team:

The Rating Services team is responsible for defining, delivering, managing, and supporting the use of all regulated scoring programs associated with Arity's growing and revolutionary product portfolio. This area works closely with data scientists, product managers, and individual state department of insurance agencies to support our customers, which include insurance carriers who subscribe to Arity models and rating services. Our business and delivery models are best described as B2B - enabling value across Allstate brands and outside of Allstate. Our key customer audience is insurance product managers who will leverage the subscription scoring programs you bring to market to improve the value in their existing programs and/or create new solutions for insurance consumer needs.

The Role:

The Assistant Actuary is responsible for coordinating, leading, and managing projects in support of scoring programs associated with Arity's growing and revolutionary product portfolio utilizing accepted actuarial and statistical standards and methodologies and knowledge gained through on the job training. The Assistant Actuary works closely with their Manager and Product Manager to develop appropriate scoring and product strategies of moderate to high complexity to maximize the customer and enterprise value.

If you're less interested in squaring triangles and more interested in solving business problems around innovative insurance solutions, this role is for you.

Responsibilities:

• Performs moderate to highly complex actuarial functions
• Uses best practices and traditional statistical/modeling techniques to develop and maintain rating models and other models as necessary
• Determines appropriate analyses to be conducted for projects to make recommendations to achieve corporate goals
• Plans, implements, manages, and/or contributes on projects that are moderate to high complexity and are of moderate scale using accepted project management standards
• Forecasts short-term and long-term deliverables
• Tracks own project timeline and communicates project status
• Ensures project controls are in place throughout the lifecycle of the project within own tasks
• Assesses resource needs including skills and training requirements (when leading project teams)
• Assists in determining where additional resources/expertise may be necessary to successfully complete projects/assignment
• Actively builds strong relationships among teams and team members to ensure cooperation on project objectives
• Supports and/or leads development/design of new plans, programs, processes, products up to moderate complexity
• Develops communication strategies and materials to support new programs, processes, products
• Assists in the formulation of strategies to achieve plan objectives; solicits inputs from stakeholders
• Evaluates procedures and processes regularly and determines/ recommends alternatives or improvements
• Contributes to enterprise growth by recommending routine changes to products and scoring and providing expertise in their respective discipline(s)
• Understands and makes observations on market-specific implications of business strategies
• Assures proper execution of regulatory/legislative practices for Arity
• Adheres to internal and external compliance requirements/standards
• Functions as a liaison between data analytics and customers or other areas of responsibility as required based on the projects they are assigned to
• Trains/coaches team members or peers and actively shares expertise with peers
• Analyze data and review analysis from others and identify and resolve basic to moderately complex data issues
• Serves as an internal subject matter expert for their respective discipline(s)
• Leverages understanding of current industry and professional standards/ environment to impact decisions and indicate requirements

Certificates, Licenses, Registrations:
• ACAS/FCAS (Preferred)

Minimum Qualifications:

• Bachelor's degree required - preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics, economics
• 5 or more years of property & casualty pricing experience
• ACAS/FCAS
• Strong knowledge in the use of data sources and applications to conduct research
• Has an understanding of current industry and professional standards/environment to impact decisions and indicate requirements
• Possesses intermediate working knowledge of policies and procedures in management or other technical fields
• Strong Computer proficiency in Microsoft Office; Advanced - Excel skills
• Strong written and verbal communication skills
• High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner
• Strong decision-making skills
• Works effectively in a team environment

Preferred Qualifications:

• Experience with scripting or programming language a plus (R, Python, etc.)
• Proven ability to effectively collaborate with multi-disciplinary groups and all organizational levels

Notes:

The preceding description is not designed to be a complete list of all duties and responsibilities. May be required to perform other related duties as assigned. Regular, predictable attendance is an essential function of this job.
Compensation offered for this role is $118,000.00-$161,500.00 per year and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

That's the day-to-day, now let's talk about the rest of it. As we mentioned, Arity was founded by The Allstate Corporation. But you'll be working for-and at-Arity. It's the best of both worlds. You'll get access to the full suite of Allstate benefits and work in a fast-paced startup culture. It's a culture that encourages you to be you.

Sound like a fit? Apply now! We can't wait to meet you.

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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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