Milwaukee WI

Northfield Township IL

Intern

Associate

Qualified

Life

Health

Property & Casualty

Reserving

Modelling

Motor

Pricing

Excel

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 DescriptionThe 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<ul><li>Provides thought and/or technical leadership, including contributions to improvement, development, and innovation, and sometimes serves as a subject matter expert.</li><li>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.</li><li>Leverages understanding of insurance business, products, markets, and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area.</li><li>Responsible for selecting, reviewing, using, and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization.</li><li>Communicates appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions.</li><li>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.</li><li>Mentors and/or supervises less experienced talent.</li></ul>Education<ul><li>4 year Bachelors Degree (Preferred)</li></ul>Experience<ul><li>3 or more years of experience (Preferred)</li></ul>Supervisory ResponsibilitiesThis 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.SkillsCompensationCompensation 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.

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 DescriptionThe Actuarial Manager - Health job is responsible for executing and/or managing projects in support of pricing insurance utilizing accepted actuarial and statistical standards, methodologies, and knowledge. This role works closely with management and key business partners to develop and execute appropriate pricing, modeling, and product strategies of moderate to high complexity to support business goals.<ul><li>Plans, implements, manages, and/or contributes on projects that are moderate to high complexity and are of moderate scale using accepted project management standards, with no guidance.</li><li>Provides thought and/or technical leadership, including contributions to improvement, development, and innovation, and often serves as a subject matter expert.</li><li>Uses best practices to lead/perform highly complex, high impact analyses, using creative actuarial, statistical, and/or predictive modeling techniques, including proper documentation and evaluation, as appropriate to inform business decisions.</li><li>Mentor and manage less experienced talent.</li><li>Leverages understanding of insurance business, products, markets, and regulatory environment to influence pricing/reserving/modeling strategies and business decisions.</li><li>Responsible for selecting, reviewing, using, and ensuring quality of data used to perform moderate to highly complex actuarial and statistical services and determination of appropriate tool utilization; ensures compliance with SOA Standards of Practice and Statement of Principles.</li><li>Reviews, evaluates, and communicates appropriateness of actuarial/modeling techniques and results to team and leadership that are well understood and influence business decisions.</li></ul>Education<ul><li>4 year Bachelors Degree (Preferred)</li><li>ASA or FSA (Preferred)</li></ul>Experience<ul><li>5 or more years of experience (Preferred)</li></ul>Supervisory ResponsibilitiesThis job has supervisory duties.Education & Experience (in lieu)In lieu of the above education requirements, an equivalent combination of education and experience may be considered.SkillsCompensationCompensation offered for this role is $92,560.00 - 166,465.00 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. 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, religion, 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.

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And 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.Be innovative. Be a leader. Most importantly - be your analytical, actuarial, awesome self.Allstate is looking for more actuarial leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. An internship at Allstate is the first step. Are you up to the challenge? An internship is a great way to gain valuable practical experience to jump start your career as an Actuary. Allstate's actuarial internships offer a variety of independent projects, daily coaching and interaction with experienced professionals in a dynamic team environment.Features such as a comprehensive training program and an established mentoring initiative ensure that interns finish the summer prepared and invigorated for their future career. In addition to networking opportunities with a variety of Actuarial and industry professionals, Allstate interns will also enjoy camaraderie with a talented group of peers. The internship experience is so exceptional that in the last three years, over 90% of Allstate actuarial interns who have been offered full employment have accepted the offer to return to Allstate.As an actuarial intern, you will gain a basic understanding of Allstate's property and casualty business lines. Working closely with experienced analytical professionals, you will be accountable for timely completion of assignments involving auto, homeowners, specialty lines or business insurance, contributing to overall growth and profit goals of major initiatives. This is a (home based-remote) virtual summer 2025 internship that will run for 12 weeks.Key Responsibilities:<ul><li>Conducts reviews of rates for assigned states and product lines, analyzing profit and loss results, past and current trends, projecting underwriting losses and reviewing competitiveness of rates</li><li>Completes detailed analyses, makes recommendations, and prepares rate package proposals for key business partners</li><li>Prepares internal and external communications, including interactions with regulatory authorities and management that will describe and support rules and rate changes</li></ul>Job Qualifications:<ul><li>Pursuing a Bachelor's degree or Graduate degree in Actuarial Science, Math, Statistics or related field AND be in strong academic standing; must be a full time student the semester following the internship</li><li>Applicant must have completed an internship with Allstate in the last 12 months within the PAAS department.</li><li>Pursuing actuarial designation</li><li>Can analyze data and review analysis while demonstrating strong decision-making skills</li><li>Computer proficiency in Microsoft Office: Intermediate - Excel, Intermediate - Word, Beginner - Outlook, Basic - PowerPoint; standard knowledge in the use of data sources</li><li>Strong written and verbal communication skills</li></ul>Compensation offered for this role is between $25 and $35 an hour and is based on experience and qualifications.Skills:<ul><li>Customer Centricity</li><li>Digital Literacy</li><li>Inclusive Leadership</li><li>Learning Agility</li><li>Results-Oriented</li></ul>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. And 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.

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