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PampC Actuarial Analyst Online Chicago IL Job posting in Chicago ITjobs

Chicago, IL, United States

Posted on
Oct 11,2019

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Where good people build rewarding careers.Think that working in the insurance field canu2019t be exciting, rewarding and challenging? Think again. Youu2019ll help us reinvent protection and retirement to improve customersu2019 lives. Weu2019ll help you make an impact with our training and mentoring offerings. Here, youu2019ll have the opportunity to expand and apply your skills in ways you never thought possible. And youu2019ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.Job Descriptionu00a0P&C Actuarial Analyst (Entry level/ New Grad)u00a0Be innovative. Be a leader. Most importantly u2013 be your analytical, actuarial, awesome self.Allstate is looking for more analytical leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. We are looking for soon-to-be college graduates to join our Pricing, Analytics and Actuarial Services team. Full time positions are being offered in both ouru00a0Chicago, IL office.u00a0The available start dates for this position areu00a012/30/19, 06/15/20, or 08/17/20.u00a0The actuarial analyst supports pricing of personal or commercial insurance lines of business utilizing accepted actuarial standards, methodologies, and knowledge gained through on the job training.u00a0 They work closely with their Analytics Manager and State or Line Manager to develop appropriate pricing and product strategies to support business goals.u00a0u00a0Conducts reviews of rates for assigned states and product lines, analyzing profit and loss results, past and current trends, projecting underwriting losses and reviewing competitiveness of ratesCompletes detailed analyses, makes recommendations, and prepares rate package proposals for key business partnersu00a0Supports the development/design of new plans, programs, processes and productsPrepares internal and external communications, including interactions with regulatory authorities and management that will describe and support rules and rate changesShows consistent progress toward attaining CAS designationsJob QualificationsDecember 2019/ June 2020 Bacheloru2019s Degree candidates, preferably in related field of study such as actuarial science, math/applied math, or statistics/applied statisticsSuccessful completion of one or more actuarial examsStandard knowledge in the use of data sources and applications to conduct researchCan analyze data and review analysis from others and identify and resolve basic data issuesComputer proficiency in Microsoft Office:u00a0 Intermediate u2013 Excel, Intermediate u2013 Word, Beginner u2013 Outlook, Basic - PowerPointStrong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levelsHigh level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner and to monitor processes throughout a team or departmentStrong decision-making skillsWorks effectively in a team environmentu00a0Au00a0copy of your unofficial transcript is required for consideration. Please upload a copy of your unofficial transcript under the supporting documents section of your application.u00a0Allstate celebrates creative problem solving, full engagement and working together to keep all people in Good Handsu00ae. Rooted in empowerment and accountability, Allstate employees are challenged to maximize their own focus, resourcefulness and diversity.u00a0u00a0Our fast-paced work environment embraces innovative thinking, continuous learning and collaboration. We are a high-performance organization that believes in celebrating our employeesu2019 efforts with a pay-for-performance approach, a competitive compensation package as well as opportunities for personal and professional growth.BenefitsPension plan PLUS 401KCareer path/succession planningMentoring programsContinuing education tuition reimbursement/exam supportInclusive work environmentFlexible schedulesGenerous paid time off (with option to purchase additional days)Health and wellness benefits, including: nutrition/weight management, smoking cessation program, stress management, lifestyle coaching, financial resources, healthy choice/subsidized meals at corporate cafeterias, on-site doctor / pharmacy / massagesCorporate discount programs (insurance, automotive, childcare, mobile phone plans, fitness centers, retail)Adoption assistance programComprehensive health insurance plansFlexible spending accounts (FSA)Commuter benefitsThe candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.Good Work. Good Life. Good Handsu00ae. As a Fortune 100 company and industry leader, we provide a competitive salary u2013 but thatu2019s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, youu2019ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.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.u00a0For jobs in San Francisco, please clicku00a0hereu00a0for information regarding the San Francisco Fair Chance Ordinance.u00a0For jobs in Los Angeles, please clicku00a0hereu00a0for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.It is the Companyu2019s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employeeu2019s 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, 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 employm

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