Pricing Analytics Consultant II

Allstate Insurance Company; United States; Remote; USD 61,000 - 94,000; Full time

Job summary

A leading insurance company seeks a Pricing Analytics Consultant II to drive pricing strategies in the non-admitted insurance sector. This role requires a Bachelor's degree and involves analyzing data trends, supporting product strategies, and collaborating with business partners to meet organizational goals.

Qualifications

• 2 or more years of experience preferred.
• Proficient in Microsoft Office Suite - Excel, VBA, PowerPoint.
• Experience with SQL, Oracle, Python, VBA, R.

Responsibilities

• Execute projects supporting pricing strategies for non-admitted insurance.
• Communicate analysis results to management and non-technical users.
• Manage projects of moderate complexity with limited guidance.

Skills

Actuarial Services

Analytical Thinking

Predictive Modeling

Project Management

Structured Query Language (SQL)

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 Pricing Analytics Consultant II job is responsible for executing projects in support of pricing for the non-admitted insurance business utilizing accepted actuarial and statistical standards, methodologies and knowledge gained through on-the-job training. This role works closely with management and key business partners to execute appropriate pricing, underwriting, and product strategies of low to moderate complexity to support business goals.

Key Responsibilities

• Leverages understanding of insurance business, products, markets, and state-specific and regulatory environments in the creation of business strategies and decisions, building expertise within the non-admitted personal property lines market

• With limited coaching, reviews and ensures quality of data used to perform pricing and statistical services within multiple tools/applications

• Manages, and/or contributes on projects that are moderate in 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 analyses, using broadly defined analytical methods and techniques, including proper documentation and evaluation, to develop insights and meet business needs

• Demonstrates knowledge in the use of data sources and applications to conduct research, including day-to-day analysis

• Challenges accepted ways of operating to drive innovation and continuous improvement

• Promotes idea generation from analytical and reporting data

Knowledge/Skills/Experience

• Proficient knowledge of Microsoft Office Suite - Excel, VBA, PowerPoint

• Ability to analyze trends and summarize insights from data sources and dashboards, specifically PowerBI

• Creative problem solver, curious and inquisitive – can navigate a landscape with limited direction

• Experienced in joining multiple data sources in varying formats and structures to conduct analyses (SQL, Oracle, Python, VBA, R, etc.)

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.

Skills

Actuarial Services, Analytical Thinking, Predictive Modeling, Project Management, Structured Query Language (SQL)

Compensation

Base compensation offered for this role is $61,000 -$93,570 annually and is based on experience and qualifications.

*** Total compensation for this role is comprised of several factors, including the base compensation outlined above, plus incentive pay (i.e. commission, bonus, etc.) as applicable for the role.

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.

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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.