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
Responsible for reporting financial results, and recording reserves utilizing accepted actuarial and accounting standards, methodologies and knowledge gained through on the job training. This role works closely with management and key business partners to execute on appropriate reserving strategies of low to moderately complex lines of business.
Key Responsibilities
- Uses best practices to perform basic reserve and financial analysis, using traditional actuarial and financial techniques, including proper documentation and evaluation, to provide insights and meet business needs.
- Prepares financial reports on a monthly/quarterly basis.
- Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies.
- Records reserves on a monthly basis.
- Contributes on projects using accepted project management standards.
- Identifies and develops efficiencies in existing processes.
- Reviews and ensures quality of data used to perform actuarial and financial services within multiple tools/applications.
Education and Experience
- Bachelor’s degree required – preferably in related field of study such as finance, math/applied math, or accounting.
- 2-4 years of financial analysis experience.
Certificates, Licenses, Registrations
- None required.
Functional Skills
- Advanced analytical skills.
- Advanced Microsoft Excel skills required. Working knowledge of Power Point and Word. Experience using Tableau or Power BI is a plus.
- Knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications.
- Ability to complete multiple concurrent assignments in a timely manner, with limited guidance.
- Strong work ethic, including ability to follow-up, focus on details and take initiative.
- Intellectual curiosity and drive for continuous improvement.
- Strong oral and written communication skills, able to work effectively with employees both internal and external to the reserving function.
- Strong interpersonal skills to work effectively in a team environment, in both in-person and remote settings.
- Advanced time management skills and organization skills with the ability to adapt to the changing needs of the business.
Skills
Customer Centricity, Digital Literacy, Inclusive Leadership, Learning Agility, Results-Oriented.
Compensation
Compensation offered for this role is $59,800.00 - 105,910.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
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.
Allstate generally does not sponsor individuals for employment-based visas for this position.
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