Senior Actuarial Analyst

Allstate Insurance Company; Toronto; Hybrid; CAD 74,000 - 117,000; Full time

Benefits offered by this job

Flexible Work Arrangements

Employee discounts (15% on auto and p&

Good Office program (up to $400 back)

Student Loan Payment Matching Program

Comprehensive Retirement Savings with

Annual Wellness allowance

Personal reflection day

Tuition Reimbursement

Community involvement

Job summary

Allstate Canada Group is seeking a Senior Actuarial Analyst to support the achievement of the company’s mission and strategic objectives. The role requires advanced actuarial knowledge and the ability to work independently while mentoring junior analysts.

The candidate will interpret and communicate actuarial analyses to stakeholders across the organization and help develop, implement and maintain performance plans with deliverables and metrics.

Qualifications

• Bachelor’s degree in actuarial, statistics, or similar field.
• ACAS preferred.
• Minimum of 2 years of experience.
• Knowledge of product, price, risk management and insurance regulation.

Responsibilities

• Act as a Subject Matter Expert in cross-functional projects.
• Function as a liaison between business units and systems or other areas of responsibility.
• Identify, develop and integrate SAS and Visual Basic programs for actuarial projects and procedures.
• Support and/or lead the development/design of new rating plans, products, processes and methodologies.
• Coach, develop, review and delegate work to junior actuarial staff.
• Communicate complex analyses and results to colleagues and business partners and provide recommendations.
• Provide services to support Pricing Managers and Province Managers with rate changes and filings.
• Ensure adherence to CAS and CIA Standards of Practice.

Skills

Actuarial Science

Business Analysis

Business Process Development

Data Analytics

Financial Analysis

Predictive Modeling

Pricing Strategies

Education

Bachelor’s degree in actuarial, statistics, or similar field

Tools

SAS

Visual Basic

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

Who is Allstate:

Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada fornine consecutive years and prioritizes supporting employees and fostering an inclusive, welcoming corporate culture. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. Serving Canadians since 1953, Allstate strives to provide reassurance with its "You’re in Good Hands®" promise.

Through ourEmployee Value Proposition, Opportunity, Flexibility, Community, Diversity and Family, we have worked hard to develop and nurture a culture where employees feel valued, experience personal growth, have career options and truly enjoy the work they do.

Role Designation:

Hybrid

Benefits to joining Allstate

• Flexible Work Arrangements
• Employee discounts (15% on auto and property insurance, plus many other products and services)
• Good Office program (receive up to 400$ back after purchasing office equipment)
• Student Loan Payment Matching Program for Government Student loans
• Comprehensive Retirement Savings Program with employer matched contributions
• Annual Wellness allowance to support employees with improving health and wellbeing
• Personal reflection day
• Tuition Reimbursement
• Working within the community and giving back!

Job Description

The Senior Actuarial Analyst is accountable for supporting the achievements of ACG’s short- and long-term Mission, Vision and strategic objectives. The Senior Actuarial Analyst applies advanced knowledge of a job area typically obtained through exams and work experience. They are able to work independently with general supervision and have the ability to review the work of junior analysts in actuarial analysis and research. They are able to interpret and communicate the results of the actuarial analysis to stakeholders across the organization. The Senior Actuarial Analyst works as part of the Actuarial team to successfully meet ACG’s performance requirements. This includes accountability for developing, implementing and maintaining a performance plan with stratum appropriate deliverables, to deliver the highest-level plan results and performance metrics.

Accountabilities

• Act as a Subject Matter Expert in cross-functional projects.
• Function as a liaison between business units and systems or other areas of responsibility based on the projects they are assigned to
• Identify, recommend, develop and integrate SAS and Visual Basic programs for actuarial projects and procedures, as well as undertake associated analysis.
• Support and/or lead the development/design of new rating plans, products, processes and methodologies.
• Coach, develop, review and delegate work to junior actuarial staff.
• Communicate complex analyses and results to colleagues and business partners and provide recommendations.
• Provide required services to support Pricing Managers (or Directors) and Province Managers (or Directors) with implementation of rate changes, associated rate filings, introduction of new products, and rating rule changes.
• Ensure adherence to CAS and the CIA Standards of Practice

Qualifications

• Bachelor’s degree in actuarial, statistics, or similar field
• ACAS preferred.
• Minimum of 2 years of experience
• Knowledge of product, price, risk management and insurance regulation, including professional standards of actuarial/statistical techniques
• Solid understanding of principles of predictive analytics and experience leading the evaluation and application of predictive models to generate measurable business value
• Strong project management skills to independently handle multiple projects of medium complexity

Allstate Canada Group has policies and practices that provide workplace accommodations. If you require accommodation, please let us know and we will work with you to meet your needs.

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Skills

• Actuarial Science
• Business Analysis
• Business Process Development
• Data Analytics
• Financial Analysis
• Predictive Modeling
• Pricing Strategies

Compensation

Expected compensation for this role ranges from $ 73,500.00 - 116,850.00 annually. Actual salary offered to successful candidates will vary based on their skills and experience.

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.