P&C Assistant Actuary - Reserving

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.

We are the Good Hands. We don’t follow the trends. We set them.

Job Summary:

The P&C Assistant Actuary 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 Liability coverages and Personal Umbrella insurance utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge. This role works closely with reserving management and key business partners to develop and execute appropriate reserving strategies of moderate to high complexity and to provide insights in support of business goals.

Key Responsibilities:

• Uses best practices to lead/perform highly complex, high impact analyses, 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 often 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, with no guidance
• Reviews, evaluates and communicates appropriateness of actuarial/modeling techniques and results to team …