P&C Actuarial Assistant

Allstate

109d • $66,800 - $120,650 • Remote

About The Position

The P&C Actuarial Assistant job 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 to moderate complexity to support business goals.

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.

Responsibilities

• 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.
• 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.
• With limited coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications.
• Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area.

Benefits

• Compensation offered for this role is $66,800.00 - 120,650.00 annually and is based on experience and qualifications.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree