Internship

Summer Actuarial Analyst Co-op

Confirmed live in the last 24 hours

Allstate Insurance Company

Allstate Insurance Company

10,001+ employees

Provides various types of insurance products

Financial Services

Remote in Canada

Candidates are expected to be based in the Greater Toronto Area (GTA).

Category
Insurance
Finance & Banking
Required Skills
Excel/Numbers/Sheets

You match the following Allstate Insurance Company's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Currently pursuing a Bachelor degree in Mathematics, Statistics, Economics, Actuarial Science, or related fields.
  • Proficient in Excel.
  • Pursuing actuarial designation.
Responsibilities
  • Build and improve on existing pricing and indication processes.
  • Assist with data pull, preparation, and ad-hoc requests.
  • Responsible for updating monthly processes and bringing innovative ideas to enhance regular processes.
  • Support and improve property by-peril rating process.
  • Provide actuarial support to team members.
Allstate Insurance Company

Allstate Insurance Company

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Allstate provides a variety of insurance products, including auto, home, and life insurance, aimed at protecting individuals and families from various risks. The company operates by selling insurance policies, which offer financial protection, and generates revenue through the collection of premiums and investment returns. Allstate distinguishes itself from competitors by utilizing multiple distribution channels, such as direct sales through agents, online platforms, and partnerships with other financial services, allowing it to cater to a wide range of customer preferences. The company's goal is to ensure customer satisfaction and reliability, as reflected in its slogan, "You're in Good Hands with Allstate," while also promoting diversity and engaging in corporate social responsibility initiatives.

Company Stage

IPO

Total Funding

N/A

Headquarters

Northbrook, Illinois

Founded

1931

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of telematics allows for personalized premiums and improved customer satisfaction.
  • Climate change drives demand for new insurance products covering emerging risks.
  • Growing importance of cybersecurity insurance offers a chance to tap into a rapidly expanding market.

What critics are saying

  • Texas AG lawsuit over alleged unlawful data harvesting poses legal and reputational challenges.
  • Potential financial penalties from data privacy lawsuit could affect customer trust and market position.
  • Workforce reduction plan in 2020 may lead to operational challenges and impact service quality.

What makes Allstate Insurance Company unique

  • Allstate offers a wide range of insurance products, including auto, home, and life.
  • The company uses a multi-channel distribution approach to reach diverse customer preferences.
  • Allstate is committed to inclusive diversity and corporate social responsibility initiatives.

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Benefits

Flexible Work Hours