P&C Actuary Lead Consultant (Reserving)

Allstate Insurance Co.; Illinois; Hybrid; USD 100,000 - 171,000; Full time

Job summary

Allstate Insurance Co. is seeking a senior actuary to lead complex reserve analyses and strategic actuarial initiatives in Illinois. The role emphasizes data quality, modeling excellence, and cross-functional collaboration with leadership and business partners.

The candidate will mentor junior staff, communicate results effectively, and influence decisions using advanced actuarial techniques and industry knowledge. A strong commitment to integrity and results is essential.

Qualifications

• Bachelor's degree in a related field.
• ACAS or FCAS certification required or strongly preferred.

Responsibilities

• Leads and mentors project work with moderate to high complexity.
• Performs advanced reserve analyses using actuarial methods.
• Ensures data quality for reserving analyses and projections.
• Communicates results clearly to leadership and partners.
• Plans and manages projects with high independence and impact.
• Influences business decisions through actuarial insight and modeling.

Skills

Analytics

P&C Insurance

Education

Bachelor's degree

ACAS/FCAS

Job description

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.

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 to projects that are moderate to high complexity and scale using accepted project management standards, with a high degree of independence
• Uses best practices to lead and perform highly complex, high impact reserve 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, claims operations, products, markets, and the broader economic environment to influence reserve reviews, business decisions, and communication strategy
• Mentors, guides, and reviews the work of less experienced talent and improves the analytical capabilities of the team
• Reviews, evaluates, and communicates appropriateness of reserving methodologies and results to leadership and business partners in a manner that is well understood and influence business decisions
• Responsible for selecting, reviewing, using, and ensuring quality of claims, exposure, and financial data used to perform reserve analyses, reserve monitoring, and actuarial projections

Certifications

• Associate of the Casualty Actuarial Society (ACAS) or Fellow of the Casualty Actuarial Society (FCAS)

Education

4 year Bachelors Degree

Experience

5 or more years of experience

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.

Skills

Analytics, Property & Casualty Insurance Compensation

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.

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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Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.

When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating.

Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

To help create a more personal and engaging experience, we ask that you join with your camera on if your interview is virtual.

Please also have a Valid Photo Identification available at the start of your interview.

If you require any accommodations or have questions ahead of your interview please reach out to your recruiter.

Note: Internal candidates are only asked to join on video; a Valid Photo Identification is not needed for the interview.

At Allstate, we work hard to help people live a good life every day. Allstaters are dedicated to serving clients, customers, and communities, which allows employees to find meaning and value in their work.

Allstate offers an environment that fosters innovative thinking where you’ll be able to explore your ideas and feel proud of the work you do.

Allstate helps protect nearly 16 million households with auto, home, life, and retirement products. We want every professional connected to Allstate to be committed to giving our customers the best and that means finding the best talent.

We want you to be our next great addition.

It’s easy to search and apply for a new opportunity with Allstate. Simply use the links below to identify the openings that interest you. About Us