P&C Actuary Lead Consultant (Reserving)

At Allstate, great things happen when our people work together to protect families and their belongings from life’s 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

The P&C Actuary Lead Consultant job is responsible for executing and/or managing projects in support of reserving insurance business utilizing accepted actuarial and statistical standards, as well methodologies and knowledge. This role works closely with analytics management and key business partners to develop and execute appropriate reserving methodologies and modeling techniques of moderate to high complexity to support business goals.

* Note: this position requires travel to Chicago approximately once per quarter

Key Responsibilities

• 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
• Uses best practices to lead/perform highly complex, high impact analyses, using creative actuarial, statistical and/or predictive modeling techniques, including proper documentation and evaluation, as appropriate to inform business decisions
• Leverages understanding of insurance business, products, markets and regulatory environment to influence pricing/reserving/modeling strategies and business decisions
• Mentor and/or supervise less experienced talent
• Reviews, evaluates and communicates appropriateness of actuarial/modeling techniques and results to team and leadership that are well understood and influence business decisions
• Responsible for selecting, reviewing, using and ensuring quality of data used to perform moderate to highly complex actuarial and statistical services and determination of appropriate tool utilization

Education

• 4 year Bachelors Degree

Experience

• 5 or more years of experience (Preferred)
• Associate of the Casualty Actuarial Society (ACAS) Required / Fellow of the Casualty Actuarial Society (FCAS) Preferred
• Usage of various technology platforms: R, Python, Fabric, ResQ

Supervisory Responsibilities

• This job does not have supervisory duties.

Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

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Skills

Actuarial Reserving, Analytics

Compensation

Compensation offered for this role is 100,000.00 - 170,500.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

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

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