Senior Actuarial Assistant - P&C - Excess and Surplus

Allstate Insurance Company; United States; Remote; USD 78,000 - 143,000; Full time

Job summary

A leading insurance company is seeking a Senior Actuarial Assistant to manage projects supporting pricing and reserving for Excess and Surplus lines. The role involves complex analysis, mentoring team members, and communicating results effectively. Candidates should have a strong understanding of insurance products and programming skills in R, SQL, and PowerBI. This position offers a competitive salary and opportunities for professional growth in a collaborative environment.

Qualifications

• Minimum of 3+ years of relevant experience.
• Actively pursuing a CAS designation.

Responsibilities

• Perform complex analyses with actuarial and statistical techniques.
• Mentor and supervise less experienced team members.
• Manage and contribute to moderate to high complexity projects.

Skills

Business case analysis

Client counseling

Data analytics

Financial analysis

Strong communication skills

Project management

Education

Bachelor’s Degree

Casualty Actuarial Society (CAS) designation

Tools

R

SQL

PowerBI

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. 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 leading in pricing sophistication, telematics, and device and identity protection.

Job Description

The Senior Actuarial Assistant - P&C - Excess and Surplus role is responsible for executing and managing projects that support pricing and reserving insurance business. This involves utilizing accepted actuarial and statistical standards, methodologies, and on-the-job training to develop and execute pricing, modeling, and product strategies of moderate complexity. The role collaborates closely with analytics management and key business partners, focusing on Excess and Surplus homeowners lines of business.

Key Responsibilities

1. Determine appropriate analysis using best practices; perform moderate to highly complex analyses with creative actuarial, statistical, and predictive modeling techniques, ensuring proper documentation and evaluation.
2. Mentor and supervise less experienced team members as needed.
3. Apply understanding of insurance products, markets, and regulations to develop business strategies and build expertise.
4. Ensure quality and appropriateness of data used for actuarial and statistical services, selecting suitable tools.
5. Communicate technical techniques and results effectively to management and non-technical stakeholders to inform decision-making.
6. Manage and contribute to moderate to high complexity projects, primarily independently, following project management standards.
7. Provide technical leadership, contribute to improvements and innovations, and serve as a subject matter expert.

Functional Skills

• Understanding of Excess and Surplus lines of business.
• Proficiency in a variety of tools, data sources, and applications, with the ability to learn quickly.
• Strong communication skills for collaboration across organizational levels.
• Experience in building and modifying predictive models, adapting them to different situations.
• Programming skills in R, SQL, PowerBI, and ability to manipulate large data sets.
• Advanced knowledge of product, pricing, risk management, and insurance regulation standards.
• Strong project management skills for handling multiple projects of moderate complexity independently.

Education

• Bachelor’s Degree (preferred)

• Actively pursuing a Casualty Actuarial Society (CAS) designation

Experience

• Minimum of 3+ years of relevant experience

Supervisory Responsibilities

• May include supervisory duties.

Additional Information

• In lieu of formal education, an equivalent combination of education and experience may be considered.

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Skills

Business case analysis, client counseling, data analytics, financial analysis

Compensation

Annual salary ranges from $78,600 to $142,275, based on experience and qualifications.

The selected candidate will be required to undergo a background check.

Join Our Team

This is more than a job—it's an opportunity to challenge yourself, grow your skills, and make a positive impact. We offer a flexible environment that values connection and belonging, recognized through multiple diversity and inclusion awards. We empower everyone to lead, innovate, and give back.

Additional Policies and Notices

Allstate generally does not sponsor employment visas. We adhere to Indiana’s public policy against discrimination based on veteran status. For jobs in San Francisco and Los Angeles, please refer to the respective ordinances linked. To view our EEO and FMLA posters, click the provided links. We are committed to equal employment opportunity and prohibit discrimination based on various protected characteristics, ensuring a fair and inclusive workplace for all.