
Allstate
P&C Actuary Manager
Posted on Jul 10 Remote, IL 17 views
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 enterprise P&C Actuary Manager job is responsible for developing, managing and leading projects in support of pricing insurance business utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge. This role works closely with analytics senior leadership and key business partners to develop and execute appropriate pricing, modeling and product strategies of high complexity to support business goals related to line(s) and/or geographic areas. Oversight for managing a team of analysts.
KEY RESPONSIBILITIES
EDUCATION AND EXPERIENCE
CERTIFICATIONS, LICENSES, REGISTRATIONS
FUNCTIONAL SKILLS
Frequently cited statistics show that women and underrepresented groups apply to jobs only if they meet 100% of the qualifications. People rarely meet 100% of the qualifications. Allstate encourages you to break that statistic and to apply. We look forward to your application.
Skills
Business Strategies, Data Analytics, Financial Analysis, Performance Management (PM)
Compensation
Compensation offered for this role is $112,000.00 - 196,750.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
Job Description
The enterprise P&C Actuary Manager job is responsible for developing, managing and leading projects in support of pricing insurance business utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge. This role works closely with analytics senior leadership and key business partners to develop and execute appropriate pricing, modeling and product strategies of high complexity to support business goals related to line(s) and/or geographic areas. Oversight for managing a team of analysts.
KEY RESPONSIBILITIES
Uses best practices to develop and ensure appropriateness of highly complex, high impact actuarial/statistical analyses/methodologies to influence business decisions within a specific geographic/line focus
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 large scale using accepted project management standards that cross multi-disciplinary areas with no guidance
Reviews, evaluates and communicates appropriateness of highly complex actuarial/modeling techniques and results to team, leadership and external groups that are well understood and to influence business decisions
Leads a team of people and provides input on talent management aspects to leadership
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
Leverages understanding of insurance business, products, markets and regulatory environment to influence pricing/reserving/modeling strategies and business decision
This is a manager position on the Vehicle Segmentation team in CWAS.
EDUCATION AND EXPERIENCE
Bachelors Degree required - preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics
5 or more years of property and casualty pricing experience
CERTIFICATIONS, LICENSES, REGISTRATIONS
Fellow of the Casualty Actuarial Society (FCAS) (Preferred)
FUNCTIONAL SKILLS
Demonstrated advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
Advanced communication skills, including the ability to present written and verbal interpretations of highly specialized terms and data, to multi-disciplinary groups and various organizational levels
Advanced experience in leading the development/application of many types of predictive models as well as evaluating models
Ability to use and/or instruct others in language usage to achieve results
Extensive product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques
Advanced project management skills to independently handle multiple project of high complexity, that cross multi-disciplinary groups
Proven management experience required, including ability to train, develop and mentor people leaders
Frequently cited statistics show that women and underrepresented groups apply to jobs only if they meet 100% of the qualifications. People rarely meet 100% of the qualifications. Allstate encourages you to break that statistic and to apply. We look forward to your application.
Skills
Business Strategies, Data Analytics, Financial Analysis, Performance Management (PM)
Compensation
Compensation offered for this role is $112,000.00 - 196,750.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.