Experienced Property & Casualty Actuarial Analyst - State Farm

We are not just offering a job but a meaningful career! Come join our passionate team!

As a Fortune 50 company, we hire the best employees to serve our customers, making us a leader in the insurance and financial services industry. State Farm embraces diversity and inclusion to ensure a workforce that is engaged, builds on the strengths and talents of all associates, and creates a Good Neighbor culture.

We offer competitive benefits and pay with the potential for an annual financial award based on both individual and enterprise performance. Our employees have an opportunity to participate in volunteer events within the community and engage in a learning culture. We offer programs to assist with tuition reimbursement, professional designations, employee development, wellness initiatives, and more!

Visit our Careers page for more information on ourbenefits,locationsandthe processof joining the State Farm team!

Office Location(s): Bloomington, IL; Dunwoody, GA; Richardson, TX; Tempe, AZ

Hybrid Work Arrangement: In this position, you should plan to spend time working in the office a minimum of 2 days per week. Associates are expected to be able to travel to and from your assigned office location as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Your manager will share additional information regarding your department’s approach and what it means for you.

*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****

As a member of the Property and Casualty Actuarial community you will be challenged and empowered to grow personally and professionally. We are dedicated to helping each of our associates develop to their full potential.

Our P&C Actuarial Analysts develop actuarial recommendations for leadership and implement changes to satisfy the financial objectives of the #1 Auto and Homeowners insurer in the United States. They also develop and apply statistical modeling techniques to solve business problems, conduct research, identify solutions to actuarial problems, and analyze and prepare responses to various actuarial questions/issues. Our P&C Actuarial Analysts serve as valued resources to other State Farm areas, often engaging with business partners across the organization to solve multi-faceted business problems.

We Are Looking for Candidates With:

• A minimum of 3 years of experience in the field. Candidates with industry experience totaling less than 3 years are encouraged to review State Farm’s P&C Actuarial Analyst posting, if available.
• Bachelor’s degree in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields
• Experience with data and statistical analysis in Excel, SQL, R, and/or Python
• Strong communication, interpersonal, organization, leadership, and critical thinking skills
• Successful completion of at least three Society of Actuaries or Casualty Actuarial Society exams required.ACAS designation preferred.
• Intention to earn, or maintain the Continuing Education requirements of, the ACAS/FCAS designation.

Candidates selected will be placed into a job level based on overall competitiveness considering work history, educational background, industry knowledge, and ACAS/FCAS exam progress. Candidates selected may be placed into the Actuarial Analyst, Senior Actuarial Analyst, or Principal Actuary role.

What’s In It For You:

• Competitive pay and annual bonus potential
• Incentives for successful completion of industry exams (ACAS and FCAS)
• A competitive 401k plan
• Volunteer opportunities: Get involved and give back to the community!
• Opportunities to work with cutting edge technologies and business models
• A learning culture that includes Mentoring, Tuition Reimbursement, and more
• A company that embraces Diversity and Inclusion: We are one team and it is simply the right thing to do!

*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****