P&C Actuary Analyst (New Grad)

At Allstate, great things happen when our people work together to protect families and their belongings from lifes uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

Be innovative. Be a leader. Most importantly be your analytical, actuarial, awesome self.

Allstate is looking for more analytical leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. We are looking for soon-to-be college graduates to join our Pricing, Analytics and Actuarial Services team! This position will be either Home Based or Hybrid within our offices in either Northbrook (IL), Chicago (IL), or Chandler (AZ).

The actuarial analyst is responsible for executing projects in support of pricing insurance business utilizing accepted actuarial standards, methodologies, and knowledge gained through on the job training. They work closely with their analytics management and key business partners to execute appropriate pricing, modeling and product strategies to support business goals.

Key Responsibilities:

• Uses best practices, with significant coaching, to review and analyze business data using traditional actuarial, statistical and/or predictive modeling techniques to provide insights and meet business needs
• With significant coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications
• Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
• Develops understanding of insurance business, products, and regulatory environments

Job Qualifications

• December 2024/June 2025 Bachelors or Master's Degree candidates, preferably in related field of study such as actuarial science, math/applied math, or statistics/applied statistics.
• Successful completion of one or more actuarial exams preferred, but not required.
• Prior actuarial internship preferred, but not required.
• Basic knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications.
• Can analyze data and review analysis from others and identify and resolve basic data issues.
• Strong written and verbal communication skills. High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner.
• Strong decision-making skills
• Work effectively in a team environment

Skills

Business Analysis, Business Case Analyses, Customer Centricity, Data Analytics, Digital Literacy, Financial Analysis, Inclusive Leadership, Learning Agility, Results-Oriented

Compensation

Compensation offered for this role is $56,500.00 - 99,962.50 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Joining our team isnt just a job its an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.

Youll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, weve proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.

Allstate generally does not sponsor individuals for employment-based visas for this position.

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