Pricing Actuarial Analyst Intern

AllstateMcCullom Lake, IL
$25 - $36Remote

About The Position

Allstate is seeking innovative and analytical actuarial leaders to drive decisions as the company transforms and evolves. This internship is designed as the first step towards becoming an actuarial leader. It offers valuable practical experience, independent projects, daily coaching, and interaction with experienced professionals in a dynamic team environment. A comprehensive training program and mentoring initiative ensure interns are prepared for their future careers. The internship also provides networking opportunities with Actuarial and industry professionals, as well as camaraderie with peers. In the past three years, over 90% of Allstate actuarial interns offered full employment have accepted the offer to return. 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 virtual summer 2026 internship that will begin either 5/17/2027 or 6/14/2027 and will run for 12 weeks.

Requirements

  • Pursuing a Bachelor’s degree in Actuarial Science, Math, Statistics or related field AND be in strong academic standing with a GPA of 3.0 or greater; must be a full time student with a graduation date after February 19th, 2027 and before August 20th, 2028.
  • Pursuing actuarial designation
  • Can analyze data and review analysis while demonstrating strong decision making skills
  • Computer proficiency in Microsoft Office: Intermediate – Excel, Intermediate – Word, Beginner – Outlook, Basic – PowerPoint; standard knowledge in the use of data sources
  • Strong written and verbal communication skills
  • Ability to complete multiple concurrent assignments in a timely manner

Nice To Haves

  • Actuarial Exams
  • Actuarial Science
  • Mathematical Analysis
  • Mathematics
  • Microsoft Excel

Responsibilities

  • 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
  • Completes detailed analyses, makes recommendations, and prepares rate package proposals for key business partners
  • Prepares internal and external communications, including interactions with regulatory authorities and management that will describe and support rules and rate changes

Benefits

  • Comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse.
  • Monthly connectivity reimbursement to help offset internet costs for eligible remote employees.
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