P&C Actuary Lead Consultant (Reserving)

Allstate • McCullom Lake, IL

3d

About The Position

The P&C Actuary Lead Consultant job is responsible for executing and/or managing projects in support of reserving insurance business utilizing accepted actuarial and statistical standards, as well methodologies and knowledge. This role works closely with analytics management and key business partners to develop and execute appropriate reserving methodologies and modeling techniques of moderate to high complexity to support business goals. Note: this position requires travel to Chicago approximately once per quarter

Requirements

• 4 year Bachelors Degree
• 5 or more years of experience (Preferred)
• Associate of the Casualty Actuarial Society (ACAS) Required / Fellow of the Casualty Actuarial Society (FCAS) Preferred
• Usage of various technology platforms: R, Python, Fabric, ResQ
• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
• Actuarial Reserving
• Analytics

Nice To Haves

• Fellow of the Casualty Actuarial Society (FCAS) Preferred
• 5 or more years of experience (Preferred)

Responsibilities

• Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and often serves as a subject matter expert
• 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
• 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
• Leverages understanding of insurance business, products, markets and regulatory environment to influence pricing/reserving/modeling strategies and business decisions
• Mentor and/or supervise less experienced talent
• Reviews, evaluates and communicates appropriateness of actuarial/modeling techniques and results to team and leadership that are well understood and influence business decisions
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level