Job Description
The Senior Actuarial Assistant - Health job is responsible for executing and/or managing projects in support of pricing supplemental health insurance business utilizing accepted actuarial and statistical standards, methodologies and knowledge gained through on the job training. This role works closely with management and key business partners to develop and execute appropriate pricing, modeling and product strategies of moderate complexity to support business goals.
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
- Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and sometimes serves as a subject matter expert
- 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
- Communicates appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions
- Responsible for selecting, reviewing, using and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization
- Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
- May mentor and/or supervise less experienced talent
Education and Experience:
- 4-year Bachelors Degree (Preferred)
- 3 or more years of experience (Preferred)
- In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
Certificates, Licenses, Registrations:
- ASA or near-ASA preferred
Functional Skills:
- 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
- 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
- Lead people/projects in a team environment
#LI-JB1
Skills
Customer Centricity, Digital Literacy, Inclusive Leadership, Learning Agility, Results-Oriented
Compensation
Compensation offered for this role is $78,600 - 142,275 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.
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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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.
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.