Actuarial Analyst Winter Co-op (Supporting US)

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

Are you looking to work with a Company that really values its employees? A Company where you will have the opportunity to grow your knowledge and skills? A Company that values diversity, community, and people? A place where your employer promotes flexibility to achieve work/life balance? If that sounds like somewhere you want to be a part of, we want to hear from you.

Working with our team, you will have the opportunity to benefit from their real-life work experience in the property and casualty ratemaking industry. You will have the opportunity to collaborate, build your network and gain on-the job experience.

At Allstate our employees contribute to the success of the Company.

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.

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.

This role is currently for a fully remote worker residing in Canada supporting work for Allstate Insurance Company in the United States.

This co-op opportunity will begin in January and end in April. You do not have to be enrolled in a co-op program to be eligible for this role.

Responsibilities:

During your placement you will have the opportunity to:

• Conducts 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 rates

• Completes detailed analyses, makes recommendations, and prepares rate package proposals for key business partners

• Prepares internal and external communications, including interactions with regulatory authorities and management that will describe and support rules and rate changes

• Pursuing a Bachelor degree in Actuarial Science, Math, Statistics or related field AND be in strong academic standing; must be a full-time student. Pursuing actuarial designation

• Can analyze data and review analysis while demonstrating strong decision-making skills

• Computer proficiency in Microsoft Office: Intermediate - Excel, Intermediate - Word, Beginner - Outlook, Basic - PowerPoint; standard knowledge in the use of data sources

• Strong written and verbal communication skills

• Ability to complete multiple concurrent assignments in a timely manner