P&C Senior Actuarial Assistant

3 days ago

remote remote us Allstate Benefits Full time

Job Summary: The P&C Senior Actuarial Assistant job under the Actuarial Reserving & Financial Support team is responsible for executing and/or managing projects in support of reserving Allstate Brand Private Passenger Auto Physical Damage coverages, Homeowners, and Specialty Lines insurance business utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge gained through on the job training. This role works closely with reserving management and key business partners to develop and execute appropriate reserving strategies of moderate complexity to support business goals. Key Responsibilities: Uses best practices to determine appropriate analysis and performs moderate to highly complex analysis, using creative actuarial/statistical 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 complexity and are of moderate scale using accepted project management standards, this work is primarily self-directed Communicates appropriateness of actuarial 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 reserving strategies and decisions, building expertise within a specialized area  May mentor and/or supervise less experienced talent Education and Experience: 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 reserving experience Certificates, Licenses, Registrations: Pursuing actuarial designation Functional Skills: 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 Ability to code in one or more programming languages and manipulate large, complex data sets Advanced product, reserving, 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 Notes:The preceding description is not designed to be a complete list of all duties and responsibilities. May be required to perform other related duties as assigned. Regular, predictable attendance is an essential function of this job.Compensation offered for this role is $103,950.00-$149,737.50 per year and is based on experience and qualifications.

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