P&C Actuarial Assistant

September 15

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Allstate

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Auto Insurance • Life Insurance • Retirement Planning • Homeowners Insurance • Motorcycle Insurance

10,000+

💰 Post-IPO Equity on 2014-01

Description

• The P&C Actuarial Assistant job is responsible for executing projects in support of pricing insurance business utilizing accepted actuarial and statistical standards. • This role works closely with analytics management and key business partners to execute appropriate pricing, modeling and product strategies of low to moderate complexity to support business goals. • Uses best practices, with limited coaching, to perform basic to moderately complex analysis. • Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies. • Manages, and/or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance. • Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions.

Requirements

• Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics • 2-4 years of experience, one or more years of property and casualty pricing/reserving/modeling experience • Pursuing actuarial designation • Knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications • Strong written and verbal communication skills • Experience in using and modifying predictive models as well as adapting them to unique situations • Ability to code in one or more programming languages and manipulate large data sets • Basic product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques • Ability to complete multiple concurrent assignments in a timely manner, with limited guidance • Work effectively in a team environment