Associate Actuary (Health)

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. For more than 90 years, our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags, and graduated driving laws to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

The Associate Actuary - Health job is responsible for executing and/or managing projects in support of pricing 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

• Provides thought and/or technical leadership, including contributions to improvement, development, and innovation, and sometimes serves as a subject matter expert.
• 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.
• Leverages understanding of insurance business, products, markets, and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area.
• Responsible for selecting, reviewing, using, and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization.
• Communicates appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions.
• Plans, implements, manages, and/or contributes on projects that are moderate to high complexity and are of moderate scale using accepted project management standards; this work is primarily self-directed.
• Mentors and/or supervises less experienced talent.

Education

• 4 year Bachelors Degree (Preferred)

Experience

• 3 or more years of experience (Preferred)

Supervisory Responsibilities

This job may have supervisory duties.

Education & Experience (in lieu)

In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Skills

Compensation

Compensation offered for this role is $78,600.00 - 142,275.00 annually and is based on experience and qualifications.

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

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. 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.

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 (including 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.