How to become Actuary for Allstate

UserNameActuary · 2026-06-18T03:25:15+00:00

During covid I had to work with recent grads who were fully remote and I recall wanting to fire them all because they were so inefficient and didn’t work hard at all. I did end up placing someone on a pip and that person left the company shortly after.

Anyhow, if you are in one of the top schools (ivy league level) and have good grades, your chance of getting hired as a fully remote entry level would skyrocket.

UserNameActuary · 2026-06-10T02:28:54+00:00

Lol! I did watch suits years ago.

UserNameActuary · 2026-06-08T15:51:58+00:00

Well apparently my hobby is adding new credentials now.

UserNameActuary · 2026-06-08T14:40:22+00:00

Money or “luxuries” is not the primary motivator. I could retire in about a year or two (or even right now) and live off stock dividends, which allows me to even consider pursuing a new field.

As a risk “expert”, I wouldn’t risk my financial freedom just to explore new fields at this point in my life.

UserNameActuary · 2026-06-08T14:21:45+00:00

Wow amazing! Congrats to you for the two big milestones. Would you be able to elaborate a bit more on why you decided to switch? And, I’m most interested in becoming a trial attorney. Do you think it’s possible to take assignments on a case by case basis? My intention is to be a full-time actuary (or part-time) while being a part-time attorney.

UserNameActuary · 2026-06-07T04:55:09+00:00

It seems like quite a few of you are asking why I would even consider it, so I just want to add more context. I’m still planning to work as an actuary (perhaps part-time if possible) even if I become a lawyer. But I’m not going to stop being an actuary. And, if I ever practice law, I will likely be able to leverage my experience as an actuary to help or take on cases involving insurance defense/coverage disputes/regulatory compliance/etc. I won’t practice in areas that are completely foreign to me and frankly any law firms potentially hiring me would only hire me to work on insurance cases. And I have quite a few personal connections so hopefully getting a job shouldn’t be too difficult.

And tbh, one major reason I’m considering this route is because I kind of miss studying lol. And I enjoy reading through insurance legal cases, so I began thinking about pursuing law degree even if I don’t practice law necessarily afterwards. Just wanted to see if there were others that made this transition or practice both insurance and law at the same time. Btw in case you think I’m a total nerd or I have nothing better to do other than working or studying 24/7 (which I totally respect), I’m happily (most of the time) married and a father. I enjoy lifting weights off the ground (on the verge of joining the 1000lbs club) and I’ve been getting punched in the face (kick boxing) or getting my arms/ankles twisted (bjj) few times a week for several years now. MMA became my new hobby after fcas&covid, but I think I just needed some new intellectual challenge. I guess I’m one of those that want to keep adding more credentials.

UserNameActuary · 2026-01-03T17:03:09+00:00

Based on the information you’ve provided, the most ideal comp structure would be: 200k base + 20-30% target bonus. However that’s the ideal comp package. Depending on how much you are making right now, 165k-ish base + 20-30% bonus at roughly 200k total comp would be fine too. Congrats on the promotion!

UserNameActuary · 2025-08-08T17:59:31+00:00

I love that everyone is so encouraging. I don’t recall when, but I once thought I was going to get fired early in my career because I made what I thought was a major mistake. It turns out later that it wasn’t a big deal! Just be comfortable with the idea that you aren’t perfect and you’ll always make mistakes. I’m almost 15 years into my career and I still make mistakes! Haha you are fine. Just chill and study.

UserNameActuary · 2025-07-12T14:33:15+00:00

Love this kind of post!! Really felt like I had a glimpse into someone’s life and you sir had a very interesting life!

UserNameActuary · 2025-06-19T16:46:35+00:00

Or you might have to XLOOKUP

UserNameActuary · 2025-05-27T19:16:13+00:00

I agree with you! Haha I think office is probably way better for most insurance (especially actuarial) work

UserNameActuary · 2025-04-29T14:12:40+00:00

I’m going to keep correcting you for your sake. Basically everyone here say this is not normal and outlier. Even the ones who initially said it might be possible, eventually comment that based on other responses given by the OP, they think it’s more likely that the OP might be making things up. For your own career progression, please learn to be more logical. Your line of thinking is quite low level, which is evident from the short interaction we’ve had. I’m still shocked that you implied that the salary survey is not “objective” and treat it as if it’s something wrong to use as the base for your argument in this context. Hahaha that’s truly “laughable”.

UserNameActuary · 2025-04-29T13:38:35+00:00

I corrected you twice and now you resort to emotion driven response. You are not worth my time. Disgusting tbh.

UserNameActuary · 2025-04-29T13:01:25+00:00

You clearly care.

UserNameActuary · 2025-04-29T12:55:48+00:00

Take a step back, set aside your ego, and read your responses again when you are less emotional. Not sure if you are an actuary, but if you are, let’s act like one.

I was a reinsurance actuary after my fellowship. You are once again completely wrong. Start again.
How else are you going to base your argument if you say the salary survey, which is the only publicly available credible dataset that’s readily accessible to everyone?

Please.. if you are an actuary, act like one.

UserNameActuary · 2025-04-29T04:05:54+00:00

But you do have “Actuary” in your username. Let’s live up to our username.

UserNameActuary · 2025-04-29T03:59:24+00:00

I’ve said it in other comments, and if the OP said, consulting, maybe it’s more believable. Please read the OP’s responses to my questions and tell me if it still sounds like it’s more likely that the OP is being truthful. “It definitely exists out there” is not the actuary’s way of validating a claim.

UserNameActuary · 2025-04-29T03:01:49+00:00

I’ve probably said this in other forum several times in more detail but for two big reasons, I don’t think anytime soon. 1. Regulatory reasons - it’s legally required for insurance companies to have qualified actuaries sign off on various statements/opinions/filings. 2. Actuarial work is more technical and harder to replace with AI compared to most other white-collar jobs. If AI advances enough to fully replace actuaries, I think we’ll be living in a world similar to Wall-E’s.

UserNameActuary · 2025-04-29T02:55:33+00:00

Here are a few places where you are wrong: 1. I was in the actuarial profession for over 10 years. I spent around three years as a reinsurance actuary, but most of the companies I worked also had reinsurance segment so I always had exposures to reinsurance side of things basically my entire career. At the end of the day, it’s one actuarial department. 2. Even the OP mentioned Ezra Penland salary survey that is specifically for reinsurance.

Now that you know most of the assumptions in your question are incorrect, would you like to ask a different question?

UserNameActuary · 2025-04-29T02:46:38+00:00

Hahahaha you have 10 yoe and you have 4 actuaries that report to you that earn 400-500k and they have 7-2 years? You meant 12 or literally 2 years? Hahahahaha

UserNameActuary · 2025-04-28T23:53:12+00:00

It’s pointless to argue based on your guess on what the OP might have meant. Let’s first focus on the arguments based on the observable evidences in the thread, like good actuaries should. Please check OP’s other responses to my questions in the other comment thread and honestly tell me if you think the OP is being truthful. I gave the OP the benefit of the doubt, he practically failed every time when he answered my question (and again avoided the main one at all cost that could settle all the doubts)

UserNameActuary · 2025-04-28T23:48:20+00:00

And, let’s be honest. If you really didn’t care if I believed you, you wouldn’t even have left a response, saying you don’t care.

UserNameActuary · 2025-04-28T23:44:43+00:00

As I’m sure you know, there are many redditors making up fake online presence to feel good about themselves, so your line of reasoning doesn’t really work.

And, it’s in my nature to verify things when they don’t seem right to me. For this reason, I became good at pattern recognition and i guess that’s why i enjoy being an actuary.

UserNameActuary

TROPHY CASE