Actuarial Analyst, Indications

1 week ago


Markham, Canada Allstate Full time

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. **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 for nine 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 our Employee 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**: Reporting to the Indication Manger, this entry-level Indication Analyst role is responsible for performing indications in support of pricing 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 provincial pricing teams and key business partners to execute appropriate pricing, modeling and product strategies to support business goals. **Accountabilities: 5-7 items** - Uses best practices to review & analyze business data using traditional actuarial, statistical and/or predictive modeling techniques to provide insights and meet business needs - Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies - Develops understanding of insurance business, products, and regulatory environments - Perform indications for countrywide property lines and auto specialty lines - Prepare indication templates, data, reconciliation, and preliminary assumptions for the provincial auto pricing teams **Qualifications: 5-6 Quantifiable qualifications** **EDUCATION AND EXPERIENCE** - Bachelor’s degree required - preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics - Actuarial co-ops or internships, preferred but not required - 0-2 years of experience **CERTIFICATIONS, LICENSES, REGISTRATIONS** - Pursuing actuarial designation **FUNCTIONAL SKILLS** - Strong written and verbal communication skills - Basic product, price, risk management and insurance knowledge, including professional standards of actuarial/statistical techniques, preferred but not required - Ability to complete multiple concurrent assignments in a timely manner - Work effectively in a team environment **Bonus qualification**: - SAS experience an asset 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. 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. And one where you can impact the future for the greater good. You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live. **Good Hands. Greater Together.®


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