Skip to main content

This job has expired

Arity-Actuarial Associate Manager

Employer
Allstate Insurance Company
Location
Chicago, Illinois
Salary
Not Specified
Closing date
Apr 5, 2019

View more

Category
Actuary, Executive / Management
Job Type
Not Specified
Career Level
Not Specified

Job Details

Founded by The Allstate Corporation in 2016, Arity is a data and analytics company focused on improving transportation. We collect and analyze enormous amounts of data, using predictive analytics to build solutions with a single goal in mind: to make transportation smarter, safer and more useful for everyone.

At the heart of that mission are the people that work herethe dreamers, doers and difference-makers that call this place home. As part of that team, your work will showcase both your intelligence and your creativity as you tackle real problems and put your talents towards transforming transportation.

Thats because at Arity, we believe work and life shouldnt be at odds with one another. After all, we know that your unique qualities give you a unique perspective. We dont just want you to see yourself here. We want you to be yourself here.

The Rating Services Team

The Rating Services team is responsible for defining, delivering, managing and supporting the use of all regulated scoring programs associated with Aritys growing and revolutionary product portfolio. This area works closely with data scientists, product managers, and individual state department of insurance agencies. The customers of this group include insurance carriers who subscribe to Arity models and rating services.

Our business and delivery models are best described as B2B enabling value across Allstate brands and outside of Allstate. Our key customer audience is insurance product managers who will leverage the subscription scoring programs you bring to market to improve the value in their existing programs and/or create new solutions for insurance consumer needs.

The Role

This is a front-line manager position. The Actuarial Associate Manager is responsible for designing, developing, managing and leading projects in support of scoring programs associated with Aritys growing and revolutionary product portfolio utilizing accepted actuarial standards and methodologies and knowledge gained through on the job training. The Associate Manager works closely with Product Managers to develop appropriate scoring and product strategies of moderate to high complexity to maximize the customer and enterprise value. Pursuing actuarial designation and has completed at least 3 actuarial exams, 4 or more preferred.

Responsibilities

  • Plans, implements, manages, sponsors and/or contributes on projects that are of moderate to high complexity and are medium-to-large scale using accepted standards
  • Forecasts short-term and long-term deliverables
  • Uses best practices and traditional statistical/modeling techniques to develop and maintain rating models and other models as necessary
  • Formulates strategies to achieve plan objectives
  • Tracks plan performance
  • Participates in cost benefit analysis
  • Communicates and presents project information
  • Ensures project controls are in place throughout the lifecycle of the project
  • Assists in determining where additional resources/ expertise may be necessary to successfully complete projects/ assignments
  • Actively builds strong relationships among teams and team members to ensure cooperation on project objectives
  • Supports and/or leads the development/design of new programs, processes, products of moderate to high complexity
  • Develops communication strategies and materials to support new programs, processes, products
  • Solicits inputs from key stakeholders
  • Establishes and evaluates procedures and processes regularly and determines/ recommends alternatives or improvements
  • Ensures processes are followed and applied consistently throughout team/department
  • Adheres to internal and external compliance requirements/standards
  • Contributes to enterprise growth by recommending innovative/ complex changes to products and scoring and providing expertise in their respective discipline(s)
  • Understands and articulates market specific implications of business strategies to team members
  • Assures proper execution of regulatory/ legislative practices for Arity
  • Functions as a liaison between data analytics and customers or other areas of responsibility as required based on the projects they are assigned to
  • Determines appropriate analyses to be conducted for projects to make recommendations to achieve corporate goals
  • Leverages understanding of current industry and professional standards/ environment to impact decisions and indicate requirements
  • Serves as a subject matter expert for their respective discipline(s) from an internal perspective
  • Analyze data and review analysis from others and identify and resolve basic to moderately complex data issues
  • Assesses resource needs including skills and training requirements (when leading project teams and/or managing direct reports); trains/coaches team members or peers
  • Directs and is responsible for work that needs to be performed by a team or their direct reports
  • Actively shares expertise among peer and other disciplines

Qualifications

  • Typically has 5+ years of actuarial pricing experience
  • Pursuing actuarial designation and has completed at least 3 actuarial exams, 4 or more preferred.
  • Bachelors degree required preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics, economics
  • Advanced knowledge in the use of data sources and applications to conduct research
  • Possesses advanced working knowledge of policies and procedures in management or other technical fields
  • Strong computer proficiency in Microsoft Office; Advanced Excel skills
  • Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levels
  • Good presentation skills
  • High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner
  • Strong decision making skills
  • Works effectively in a team environment

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Thats the day-to-day, now lets talk about the rest of it. As we mentioned, Arity was founded by The Allstate Corporation. But youll be working forand atArity. Its the best of both worlds. Youll get access to the full suite of Allstate benefits and work in a fast-paced startup culture. Thats more than just free breakfasts, brain breaks and ping pong. Its a culture that encourages you to be you.


Sound like a fit? Apply now! We cant wait to meet you.


Arity.com Instagram Twitter LinkedIn


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.

For jobs in San Francisco, please click "here" for information regarding the San Francisco Fair Chance Ordinance.

For jobs in Los Angeles, please click "here" for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.

Company

COMPANY INFORMATION The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with more than 113 million proprietary policies. Allstate offers a broad array of protection products through multiple brands and diverse distribution channels, including auto, home, life and other insurance offered through its Allstate, Esurance, Encompass, SquareTrade and Answer Financial brands. Allstate is widely known from the slogan "You're in Good Hands with Allstate." The Allstate Corporation is the largest publicly held personal lines property and casualty insurer in America. Allstate was founded in 1931 and became a publicly traded company in 1993. In 2023, Allstate was number 84 on the Fortune 500 list of largest companies in America. WHAT WE DO We’re more than insurance agents and claims representatives. We’re individuals with hopes, plans and passions. The biggest of which is helping people live smarter, safer lives. Doing so means continuing to re-imagine how we do what we do, the impact we can make on the world, ways we can each succeed in our own careers and actions we can take as a company that are good for all. To do that, we need all kinds of people – including lawyers, accountants, building engineers, project managers, marketing professionals, human resource specialists and so many more. WHO WE ARE – INCLUSIVE DIVERSITY    We hold each other accountable to encourage and embrace our collective differences. It’s our individual characteristics, values and beliefs, along with backgrounds and experiences that give us fresh perspective and purpose. We work harder, meet customer needs more effectively, share better, and identify more innovative ideas when we are accepted for who we are by the world around us. Our success comes from a chorus of many different voices. At Allstate, every voice counts.​ In our stand against racism, we’ve been making changes within Allstate. We’ve been listening, learning and engaging in change. We are focused on improving equity for all. Allstate is committed to long-term change not only in the way we conduct our business, but also for our employees. There’s a dynamic environment waiting for you here. You’ll find people with similar interests, as well as the many who’ll help expand your horizons. We believe in the power of connections. That’s why Allstate promotes diversity through a robust network of employee resource groups. It helps connect us all and supports our unique talents. Here are some of the available resource groups that actively support our employees: Abilities Beyond Limitations & Expectations African American Working Network Allstate Asian American Network Allstate Foster and Adoption Network Allstate PRIDE Allstate Veterans Engagement Team and Supporters Allstate Women’s Information Network Entrepreneurs at Allstate Families at Allstate Matter Native American Peoples at Allstate Professional Latino Allstate Network Young Professionals Organization WHY JOIN OUR COMPANY Allstate has been protecting people from life's uncertainties since 1931. We continuously develop and improve products and services so our customers can live well protected. For employees, we offer an environment that fosters innovative thinking and collaboration - where you'll be able to explore your ideas and feel proud of the work you do.  Our Benefits Allstate is dedicated to helping employees live happier and healthier lives. As a Fortune 100 company and industry leader, we provide a competitive salary and a benefits package that includes medical and dental insurance, tuition assistance, as well as a robust pension and 401(k). Plus, you'll have access to a wide variety of programs to help you balance your work and personal life - including a generous paid time off policy.  Growth and Development We support your desire to grow and provide opportunities to learn, explore new horizons, and follow your passion in a meaningful career. From access to hundreds of learning opportunities to in-house networking and rotational work experiences, Allstate is a place where you can forge your own path and expand your personal and professional potential. 
Company info
Website

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert