Pricing Actuarial Analyst

Allstate Insurance
United States, Illinois
Aug 06, 2025
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 This entry level role is responsible for executing projects in support of pricing/reserving 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 analytics management and key business partners to execute appropriate pricing, modeling and product strategies of low complexity to support business goals. Be innovative. Be a leader. Most importantly - be your analytical, actuarial, awesome self. Allstate is looking for more analytical leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. We are looking for soon-to-be college graduates to join our Pricing, Analytics and Actuarial Services team! This position will be either Home Based or Hybrid within our offices in either Chicago (IL), or Chandler (AZ). The actuarial analyst is responsible for executing projects in support of pricing insurance business utilizing accepted actuarial standards, methodologies, and knowledge gained through on the job training. They work closely with their analytics management and key business partners to execute appropriate pricing, modeling and product strategies to support business goals. KEY RESPONSIBILITIES: Uses best practices, with significant coaching, to review and analyze business data using traditional actuarial, statistical and/or predictive modeling techniques to provide insights and meet business needs With significant coaching, reviews and ensures quality of data used to perform actuarial and statistical services within multiple tools/applications Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies Develops understanding of insurance business, products, and regulatory environments JOB QUALIFICATIONS: Candidate must have completed an internship within the Pricing department during the summer of 2025. December 2025/June 2026 Bachelor's or Master's Degree candidates, preferably in related field of study such as actuarial science, math/applied math, or statistics/applied statistics Successful completion of one or more actuarial exams preferred, but not required Prior actuarial internship preferred, but not required. Basic knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications. Can analyze data and review analysis from others and identify and resolve basic data issues Strong written and verbal communication skills. High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner. Strong decision-making skills Work effectively in a team environment The compensation range offered for this role is $70,000 - $90,000 and is based on experience and qualifications. The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen. Skills Business Analysis, Business Case Analyses, Data Analytics, Financial Analysis Compensation Compensation offered for this role is $57,500.00 - 100,212.50 annually and is based on experience and qualifications. The candidate(s) offered this position will be required to submit to a background investigation. 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. To view the "EEO is the Law" poster click "here". This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs To view the FMLA poster, click "here". This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint. It is the Company's policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee's ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.