P&C Actuarial Assistant - Reserving

Allstate Insurance Company

$70K — $121K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required
  • 2+ years of experience preferred
  • Familiarity with actuarial and statistical standards
  • Proficiency in analytical and modeling techniques
  • Ability to communicate complex data to non-technical audiences

Responsibilities

  • Leverage understanding of the insurance industry for strategy creation
  • Review and ensure data quality for actuarial services
  • Manage and contribute to moderately complex projects
  • Communicate analysis results and recommendations clearly
  • Perform basic to moderately complex data analysis using best practices

Benefits

  • Comprehensive technology setup including laptop and peripherals
  • Monthly connectivity reimbursement for remote work
  • Opportunity to work from home with requirements for a dedicated workspace
  • Supportive environment with limited coaching and development opportunities
Full Job Description
Job Description
The P&C Actuary Consultant II job is responsible for executing projects in support of reserving 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 execute appropriate reserving methodologies and modeling techniques of low to moderate complexity to support business goals.

Key Responsibilities
  • Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
  • With limited coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications
  • Manages, and/or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance
  • Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
  • Uses best practices, with limited coaching, to perform basic to moderately complex analysis, using traditional actuarial, statistical and/or predictive modeling techniques, including proper documentation and evaluation, to provide insights and meet business needs


Education
  • 4 year Bachelors Degree

Experience
  • 2 or more years of experience (Preferred)


Supervisory Responsibilities
  • This job does not have supervisory duties.


Education & Experience (in lieu)
  • In lieu of the above education requirements, an equivalent combination of education and experience may be considered.


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Skills
Actuarial Science, Analytics, Business Analysis, Business Process Development, Data Analytics, Financial Analysis

Compensation
Compensation offered for this role is 70,100.00 - 121,475.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.

When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

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