Actuarial Consultant

Job Description

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.

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.

Hybrid

• 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!

The Actuarial Consultant is accountable for supporting the achievements of ACG’s short- and long-term Mission, Vision and strategic objectives. The Actuarial Consultant is accountable for designing, developing and continuously improving the actuarial function, with focus on complex projects where expert actuarial or multidisciplinary knowledge are required to recommend optimal decisions, to support achievement of ACG’s short- and long-term mission, Vision and Strategic objectives.

This includes accountability for developing, implementing and maintaining a performance plan with stratum appropriate deliverables, to deliver the highest-level plan results and performance metrics. The Actuarial Consultant selects, provides operational leadership and direction to a capable team of Actuarial Analysts and Senior Actuarial Analysts and ensures their cooperation to successfully meet ACG and Pricing performance requirements.

• Act as a Subject Matter Expert in cross-functional projects.
• Function as a liaison between business units and systems or other areas of responsibility based on the projects they are assigned to
• Identify, recommend, develop and integrate SAS and Visual Basic programs for actuarial projects and procedures, as well as undertake associated analysis.
• Support and/or lead the development/design of new rating plans, products, processes and methodologies.
• Coach, develop, review and delegate work to junior actuarial staff.
• Communicate complex analyses and results to colleagues and business partners and provide recommendations.
• Provide required services to support Pricing Managers (or Directors) and Province Managers (or Directors) with implementation of rate changes, associated rate filings, introduction of new products, and rating rule changes.
• Ensure…