ACTUARIAL ANALYST

Allstate Insurance Company; Markham; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading insurance firm in York Region is seeking an Actuary Consultant II responsible for executing pricing and reserving projects. The role demands a Bachelor's degree and at least 2 years of experience in the insurance field, where you will manage projects, analyze data, and communicate insights effectively. This position offers a chance to make a significant impact in the insurance industry.

Qualifications

• 2+ years of experience preferred.
• Ability to communicate analysis to non-technical users.
• Understanding of regulatory environments.

Responsibilities

• Execute pricing and reserving projects for insurance business.
• Review data quality for actuarial services.
• Manage projects of moderate complexity.

Skills

Understanding of insurance business

Statistical analysis

Project management

Predictive modeling

Education

4 year Bachelor's Degree

Job description

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 Consultant II job is responsible for executing projects in support of pricing/reserving 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 analytics management and key business partners to execute appropriate pricing, modeling and product strategies of low to moderate complexity to support business goals.

Key Responsibilities

• Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
• With limited coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications
• Manages, and/or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance
• Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
• Uses best practices, with limited coaching, to perform basic to moderately complex analysis, using traditional actuarial, statistical and/or predictive modeling techniques, including proper documentation and evaluation, to provide insights and meet business needs

Education

• 4 year Bachelors Degree (Preferred)

Experience

• 2 or more years of experience (Preferred)

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.

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 Canada Group uses AI technology tools to assist in screening, selecting, assessing, and scheduling interviews with candidates as part of the recruitment process.

This job posting is for a current open role within the organization.