Job Description
Be innovative. Be a leader. Most importantly - be your analytical, actuarial, awesome self.
Allstate is looking for more analytical leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. We are looking for soon-to-be college graduates to join our Pricing, Analytics and Actuarial Services team! This position will be either Home Based or Hybrid within our offices in either Northbrook (IL), Chicago (IL), or Chandler (AZ).
The actuarial analyst is responsible for executing projects in support of pricing insurance business utilizing accepted actuarial standards, methodologies, and knowledge gained through on the job training. They work closely with their analytics management and key business partners to execute appropriate pricing, modeling and product strategies to support business goals.
Key Responsibilities:
- Uses best practices, with significant coaching, to review and analyze business data using traditional actuarial, statistical and/or predictive modeling techniques to provide insights and meet business needs
- With significant coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications
- Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
- Develops understanding of insurance business, products, and regulatory environments
Job Qualifications
- December 2024/ June 2025 Bachelor's or Master's Degree candidates, preferably in related field of study such as actuarial science, math/applied math, or statistics/applied statistics.
- Applicant must have completed an internship with Allstate in the last 12 months within the PAAS department.
- Successful completion of one or more actuarial exams preferred, but not required.
- Prior actuarial internship preferred, but not required.
- Basic knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications.
- Can analyze data and review analysis from others and identify and resolve basic data issues.
- 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
- Work effectively in a team environment
Skills
Business Analysis, Business Case Analyses, Customer Centricity, Data Analytics, Digital Literacy, Financial Analysis, Inclusive Leadership, Learning Agility, Results-Oriented
Compensation
Compensation offered for this role is $56,500.00 - 99,962.50 annually 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.
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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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.