Chicago IL

Remote

Northbrook IL

Chandler AZ

Graduate

Part Qualified

Property & Casualty

Pricing

Job DescriptionBe innovative. Be a leader. Most importantly – be your analytical, actuarial, awesome self.Allstate is looking for more analytical leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. We are looking for soon-to-be college graduates to join our Pricing, Analytics and Actuarial Services team! This position will be either Home Based or Hybrid within our offices in either Northbrook (IL), Chicago (IL), or Chandler (AZ).The actuarial analyst is responsible for executing projects in support of pricing insurance business utilizing accepted actuarial standards, methodologies, and knowledge gained through on the job training. They work closely with their analytics management and key business partners to execute appropriate pricing, modeling and product strategies to support business goals.Key Responsibilities:<ul><li>Uses best practices, with significant coaching, to review and analyze business data using traditional actuarial, statistical and/or predictive modeling techniques to provide insights and meet business needs</li><li>With significant coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications</li><li>Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies</li><li>Develops understanding of insurance business, products, and regulatory environments</li></ul>Job Qualifications<ul><li>December 2022/ June 2023 Bachelor’s or Master’s Degree candidates, preferably in related field of study such as actuarial science, math/applied math, or statistics/applied statistics</li><li>Successful completion of one or more actuarial exams preferred, but not required</li><li>Prior actuarial internship preferred, but not required.</li><li>Basic knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications.</li><li>Can analyze data and review analysis from others and identify and resolve basic data issues</li><li>Strong written and verbal communication skills. High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner.</li><li>Strong decision-making skills</li><li>Work effectively in a team environment</li></ul>Compensation DataThe starting salary for this role is $64,200. The salary offered is based on qualifications and experience.Compensation offered for this role is $64,200 and $94,500 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.

This entry level role is responsible for executing 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 execute appropriate pricing, modeling and product strategies of low complexity to support business goals.Key Responsibilities:<ul><li>Uses best practices, with significant coaching, to review &amp; analyze business data using traditional actuarial, statistical and/or predictive modeling techniques to provide insights and meet business needs</li><li>With significant coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications</li><li>Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies</li><li>Develops understanding of insurance business, products, and regulatory environments</li></ul>Qualifications:Education and Experience <ul><li>Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics </li><li>Actuarial internship preferred, but not required</li><li>0-2 years of experience </li></ul>Certificates, Licenses, Registrations<ul><li>Pursuing actuarial designation </li></ul>Functional Skills<ul><li>Basic knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications</li><li>Strong written and verbal communication skills</li><li>Basic product, price, risk management and insurance knowledge, including professional standards of actuarial/statistical techniques, preferred but not required</li><li>Ability to complete multiple concurrent assignments in a timely manner</li><li>Work effectively in a team environment </li></ul>Frequently cited statistics show that women and underrepresented groups apply to jobs only if they meet 100% of the qualifications. People rarely meet 100% of the qualifications. Allstate encourages you to break that statistic and to apply. We look forward to your application.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.

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