Full-Time

P&C Senior Actuarial Assistant

Updated on 3/14/2025

Allstate Insurance Company

Allstate Insurance Company

10,001+ employees

Provides various insurance products and services

Compensation Overview

$78.6k - $142.3kAnnually

Senior

No H1B Sponsorship

Remote in USA

Category
Insurance
Finance & Banking
Requirements
  • Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics
  • 3-5 years of property and casualty pricing/modeling experience
  • Pursuing actuarial designation
  • Advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
  • Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and various organizational levels
  • Experience in using, modifying and building predictive models as well as adapting them to unique situations
  • Ability to code in one or more programming languages and manipulate large, complex data sets
  • Advanced product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques
  • High level project management skills to independently handle multiple projects of moderate complexity
  • Lead people/projects in a team environment
Responsibilities
  • 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
  • Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and sometimes serves as a subject matter expert
  • Plans, implements, manages, and/or contributes on projects that are moderate to high complex and are of moderate scale using accepted project management standards, this work is primarily self-directed
  • Communicates appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions
  • Responsible for selecting, reviewing, using and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization
  • Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
  • May mentor and/or supervise less experienced talent
Desired Qualifications
  • Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics
  • 3-5 years of property and casualty pricing/modeling experience
  • Pursuing actuarial designation
Allstate Insurance Company

Allstate Insurance Company

View

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 premiums collected from policyholders and investments made with those funds. 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 Size

10,001+

Company Stage

IPO

Headquarters

Northbrook, Illinois

Founded

1931

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for cyber insurance products boosts Allstate's market opportunities.
  • Interest in usage-based insurance models attracts tech-savvy customers to Allstate.
  • InsurTech partnerships enable Allstate to integrate AI and machine learning for efficiency.

What critics are saying

  • Legal scrutiny from New York and Texas lawsuits over data breaches poses financial risks.
  • Decline in auto insurance policy-in-force could impact Allstate's revenue and market share.
  • Recent data breaches may lead to reputational damage and loss of customer trust.

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.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Flexible Work Hours

Company News

Bilkuj
Mar 11th, 2025
New York Sues Allstate Over Data Breach And Security Failures

New York sues Allstate over data breach and security failures.

The Star
Mar 10th, 2025
New York sues Allstate over data breach, alleged security lapses

NEW YORK (Reuters) -New York state sued Allstate on Monday, accusing the insurer's National General unit of failing to report a data breach that exposed drivers' license numbers, and lacking reasonable safeguards to protect drivers' private information.

LongIsland.com
Mar 10th, 2025
Attorney General James Sues Allstate and National General Insurance for Failing to Protect New Yorkers' Personal Information

New York Attorney General Letitia James today filed a lawsuit against several insurance companies doing business as National General and Allstate Insurance Company (Allstate) for failing to protect New Yorkers' personal information from cyberattacks.

MarketBeat
Mar 5th, 2025
Hickory Point Bank & Trust Invests $329,000 in The Allstate Co. (NYSE:ALL)

Hickory Point Bank & Trust invests $329,000 in The Allstate Co. (NYSE:ALL).

Investing.com
Feb 28th, 2025
Piper Sandler maintains Allstate stock Overweight with $248 target

Allstate has been under scrutiny due to concerns over the decline in auto insurance policy-in-force (PIF) within its auto segment.