RIMS Career Center

The P&C Senior Actuarial Assistant job is responsible for executing and/or managing projects in support of pricing insurance business 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.

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

Preferred Qualifications:

Education and Experience

• Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics 
• 3-5 years of property and casualty pricing/modeling experience
   

Certificates, Licenses, Registrations

• Pursuing actuarial designation
   

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

Compensation offered for this role is $99,000.00-$137,250.00 per year and is based on experience and qualifications.

Good Work. Good Life. Good Hands®.

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. 

Allstate generally does not sponsor individuals for employment-based visas for this position.