Be innovative. Be a leader. Most importantly – be your analytical, actuarial, awesome self.
Allstate is looking for more actuarial leaders, subject matter experts who can drive decisions as Allstate transforms and evolves into the future. An internship at Allstate is the first step. Are you up to the challenge?
An internship is a great way to gain valuable practical experience to jump start your career as an Actuary. Allstate’s actuarial internships offer a variety of independent projects, daily coaching and interaction with experienced professionals in a dynamic team environment. Features such as a comprehensive training program and an established mentoring initiative ensure that interns finish the summer prepared and invigorated for their future career. In addition to networking opportunities with a variety of Actuarial and industry professionals, Allstate interns will also enjoy camaraderie with a talented group of peers. The internship experience is so exceptional that in the last three years, over 80% of Allstate actuarial interns who have been offered full employment have accepted the offer to return to Allstate.
As an actuarial intern, you will gain a basic understanding of Allstate’s property and casualty business lines. Working closely with experienced analytical professionals, you will be accountable for timely completion of assignments involving auto, homeowners, specialty lines or business insurance, contributing to overall growth and profit goals of major initiatives.
Conducts reviews of rates for assigned states and product lines, analyzing profit and loss results, past and current trends, projecting underwriting losses and reviewing competitiveness of rates
Completes detailed analyses, makes recommendations, and prepares rate package proposals for key business partners
Supports the development/design of new plans, programs, processes and products
Prepares internal and external communications, including interactions with regulatory authorities and management that will describe and support rules and rate changes
Pursuing a Bachelor’s degree in Actuarial Science, Math, Statistics or related field AND be in strong academic standing; must be a full time student the semester following the internship
Successful completion of one or more actuarial exams
Standard knowledge in the use of data sources and applications to conduct research
Can analyze data and review analysis from others and identify and resolve basic data issues
Computer proficiency in Microsoft Office: Intermediate – Excel, Intermediate – Word, Beginner – Outlook, Basic - PowerPoint
Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levels
High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner and to monitor processes throughout a team or department
The Allstate Corporation is the largest publicly held personal lines property and casualty insurer in America, serving more than 16 million households nationwide. Founded in 1931, Allstate has been dedicated to protecting our customers from life's uncertainties and preparing them for the future for more than 85 years.
Allstate became a publicly traded company in 1993, and is listed on the New Y...ork Stock Exchange under the trading symbol ALL. As of year-end 2015, Allstate had nearly $104.7 billion in total assets.