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 reserving insurance functions utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge. This role works closely with reserving leadership and key business partners to develop and execute appropriate reserving methodologies of moderate to high complexity to support business function. Oversight for managing a team of analysts.
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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 reserving strategies and business decision.
SUPERVISORY RESPONSIBILITIES
This job has supervisory duties.
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
Strong coding skills are preferred; Ability to code in one or more programming languages and manipulate large, complex data sets
Ability to use and/or instruct others in language usage to achieve results
Extensive product, reserving, 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
Some Travel Required
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.
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. And one where you can impact the future for the greater good.
You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've 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.
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.
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