Indication Actuarial Consultant

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

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, the Indication Consultant is responsible for executing and/or managing indication projects 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 determine appropriate analysis and performs moderate to highly complex analysis, using creative actuarial or statistical modeling techniques, including proper documentation and evaluation, as appropriate to inform business decisions
• Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and sometimes serves as a subject matter expert
• Plans, implements, manages, and/or contributes on projects that are moderate to high complex and are of moderate scale using accepted project management standards, this work is primarily self-directed
• Communicates appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions
• Responsible for selecting, reviewing, using and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization
• Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
• May mentor and/or supervise less experienced talent
• Perform indications and peer reviews for countrywide property lines and auto specialty lines
• Lead projects to implement efficiencies/automation in the indication process
  
  

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
• 3-5 years of experience, two or more of property and casualty pricing/reserving/modeling experience
  
  

CERTIFICATIONS, LICENSES, REGISTRATIONS

• Pursuing actuarial designation
  
  

Functional Skills

• Advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
• Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and various organizational levels
• Experience in using, modifying and building predictive models as well as adapting them to unique situations
• Ability to code in one or more programming languages and manipulate large, complex data sets
• Advanced product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques
• High level project management skills to independently handle multiple projects of moderate complexity
• Lead people/projects 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.