Actuarial Quantitative Analysis Lead Consultant

Posted Yesterday
Be an Early Applicant
Nagar, Bharatpur, Rajasthan
96K-146K Annually
Mid level
Insurance
The Role
The Actuarial Quantitative Analysis Lead Consultant will manage pricing insurance business projects, develop pricing and modeling strategies, perform complex analysis using actuarial techniques, provide technical leadership, and communicate analysis results to both technical and non-technical users. This role requires the supervision of personnel and the management of complex projects with a focus on business strategy and data analysis.
Summary Generated by Built In

National General is a part of The Allstate Corporation, which means we have the same innovative drive that keeps us a step ahead of our customers’ evolving needs. We offer home, auto and accident and health insurance, as well as other specialty niche insurance products, through a large network of independent insurance agents, as well as directly to consumers. 

Job Description

Key Responsibilities

  • • Manage pricing insurance business projects utilizing actuarial and statistical standards and methodologies.
  • Develop and execute appropriate pricing, modeling and product strategies of moderate complexity to support business goals together with management and key business partners.
  • Use best practices to determine appropriate analysis and perform moderate to highly complex analysis, using creative actuarial, statistical and/or predictive modeling techniques, including proper documentation and evaluation, as appropriate to inform business decisions.
  • Provide thought and/or technical leadership, including contributions to improvement, development and innovation, and sometimes serves as a subject matter expert.
  • Plan, implement, manage, and contribute on projects that are complex using accepted project management standards.
  • Communicate appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions.
  • Select, review, use and ensure quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization.
  • Leverage understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area.

Education

  • 4 year Bachelors Degree in Actuarial Science, Mathematics, Business Administration or related field (or foreign education equivalent)

Experience

  • 3 years of experience in a Quantitative Analyst or related role developing and applying predictive models to support business goals.
  • Must also possess the following (quantitative experience requirements not applicable to this section):

  • Demonstrated Expertise (“DE”) conducting and implementing rate revisions for specific states using actuarial rate indications, trends and loss triangles, added data through building and analyzing loss ratio reports, reraters, offbalances, and, state specific regulations to ensure adequate rate and pricing of current products; DE implementing new insurance products from inception to post implementation monitoring – including but not limited to conducting market research, competitor analysis, rules review, discounts/surcharge analysis, territory analysis, and conversion analysis; DE performing segmentation analyses using actuarial and statistical techniques to provide direction and recommendation for continued profitability of existing products; DE training peers on company product structures and processes including data tables, MS Excel report structures, YB, SQL, and SAS code programs; and DE managing agency relationships by aiding in maintaining agent reporting requirements and data report analysis.

  • Position is fully remote and can be performed from anywhere in the United States.

  • To apply, submit resume to https://www.allstate.jobs/job-search-results and use reference number: R12164.

Supervisory Responsibilities

• This job has supervisory duties.

Compensation

Compensation offered for this role is $95,700.00 - 145,850.00 annually and is based on experience and qualifications.

At National General, great things happen when our people work together. That’s why when you join our team, we make sure it 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.

National General Holdings Corp., a member of the Allstate family of companies, is headquartered in New York City. National General traces its roots to 1939, has a financial strength rating of A– (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance products. We are a specialty personal lines insurance holding company. Through our subsidiaries, we provide a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche insurance products.

Companies & Partners

Direct General Auto & Life, Personal Express Insurance, Century-National Insurance, ABC Insurance Agencies, NatGen Preferred, NatGen Premier, Seattle Specialty, National General Lender Services, ARS, RAC Insurance Partners, Mountain Valley Indemnity, New Jersey Skylands, Adirondack Insurance Exchange, VelaPoint, Quotit, HealthCompare, AHCP, NHIC, Healthcare Solutions Team, North Star Marketing, Euro Accident.

Benefits

National General Holdings Corp. is an Equal Opportunity (EO) employer – Veterans/Disabled and other protected categories. All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas. In the event you need assistance or accommodation in completing your online application, please contact NGIC main office by phone at (336) 435-2000.

Top Skills

Actuarial Science
Mathematics
SAS
SQL
The Company
HQ: Northbrook, IL
57,671 Employees
Hybrid Workplace
Year Founded: 1931

What We Do

At Allstate, we're advocates for peace of mind and a good life. And that comes through in everything we do.

From building diverse and innovative teams that truly understand our customers' needs, to challenging each other to develop our careers in a meaningful way, and finally to the incredible results we're able to achieve together.

See how we’re creating a better future through innovation, advocacy, and empowering people and communities

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