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Top Benefits

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)

About the role

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

Who is Allstate:
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.

Benefits to joining Allstate

  • 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!

Our growing team is looking for actuarial professionals more specifically for an Actuarial Consultant on the Actuarial Financial Modeling (AFM) team. This position will report to the AFM Senior Manager and be part of the Finance Team at Allstate Canada Group (ACG) in the Corporate Actuarial team. The AFM team focus is on three main accountabilities: The economic capital model, supporting the Financial Condition Testing (FCT) update, and financial loss planning. Further, with an increase in climate risk and its regulation, the AFM team will be a key contributor to monitoring and assuring compliance with new regulations on this emerging issue. Day-to-day work requires close collaboration with stakeholders in the actuarial, corporate risk and finance teams along with the external Appointed Actuary’s team. The AFM team members are eligible for Allstate’s Actuarial program, which offers future opportunities to rotate within other actuarial roles during your career (Pricing, Reserving, Data Science, Claims Intelligence and Risk Analytics).

As an Actuarial Consultant, your strength will be the technical knowledge and coordination skills you bring in actively participating in the capital modelling scope of work and your ability to learn about new emerging issues such as climate risk. We are looking for a confident individual with strong analytical and communication skills along with a great ability to prioritize projects and manage tight deadlines. An ambitious individual who is eager to influence and drive the results for the organization would be a great fit for this role.

Role Designation: Hybrid

Accountabilities:

  • Ensure to meet high quality and reliability standards for the Economic Capital Model
  • Act as a Subject Matter Expert in cross-functional projects related to the Economic Capital Model and Own Risk and Solvency Assessment (ORSA) report
  • Function as a liaison between risk-related business units and with the parent-company capital modelling team
  • Provide required services to support economic capital model updates, maintenance and Financial Condition Testing (FCT) coordination
  • Responsible for financial loss planning, analyzing and monitoring trends, and coordinating with pricing and claim departments to ensure the plan is reflective of expectations
  • Assist in the implementation of new processes to address the latest risk regulations such as climate risk
  • Communicate complex analyses and results to colleagues and business partners and provide recommendations
  • Ensure adherence to CAS, the CIA Standards of Practice, and regulation and participate in the planning and assignment of the team’s tasks

Qualifications :

  • Undergraduate degree in Actuarial Science or a relevant discipline
  • Minimum of 5 years of Property and Casualty experience in an analytical position, preferably in corporate actuarial. ACAS/FCAS preferred, minimum 5 CAS exam or equivalent
  • Strong knowledge of CIA Standards of Practice and regulatory requirements and good knowledge of corporate actuarial concepts, including FCT
  • Strong communication skills and comfortable presenting to various audiences
  • Solid capital modelling background and efficient at using Microsoft applications.
  • Ability to adapt and utilize new ideas, techniques and opportunities for improving effectiveness, performance, and productivity

Bonus qualification:

  • ResQ, Risk software such as ReMetrica, R/Phyton/SQL experience is an asset

#LI-MO1

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.

About Allstate Insurance

Insurance
5001-10,000

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