FAQs
What responsibilities will I have as an Actuarial Intern at Allstate Benefits?
As an intern in the Actuarial Department, you will gain hands-on experience in actuarial projections, month-end reporting, strategic claim cost updates, supporting company and state reporting initiatives, and working on profitability and risk management projects.
What qualifications do I need to apply for this internship?
You should be pursuing a Bachelor's degree in Mathematics, Statistics, Finance, or a related field, have passed at least one actuarial exam through the Society of Actuaries, and possess proficiency in Excel, PowerPoint, Word, and SQL.
Are there any specific skills required for this position?
Yes, the ideal candidate should demonstrate excellent oral and written communication skills, a strong ability to learn new software and programming languages, and proficiency in Microsoft Office applications, particularly Excel.
Is this internship paid?
The job description does not provide details about compensation; interested candidates should inquire during the interview process or application.
Will I need to pass a background check?
Yes, the candidate(s) offered this position will be required to submit to a background investigation.
Can I work remotely in this position?
Yes, Allstate offers a flexible work environment that may include hybrid remote work options, but you should confirm specific arrangements during the hiring process.
Is Allstate an equal opportunity employer?
Yes, Allstate's policy prohibits discriminatory actions based on race, gender, age, disability, and other protected categories, ensuring a fair employment relationship.
What kind of training will I receive during this internship?
As an intern, you will receive valuable training in core actuarial functions, financial analysis, business growth strategies, profitability, and risk management.
Will I have any opportunities to collaborate with other departments?
Yes, you will be required to collaborate with cross-functional teams, utilizing your excellent communication skills to support various initiatives within the company.
How long does the internship last?
The job description does not specify the duration of the internship; please check with the hiring team for this information.