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Property & Casualty Actuarial Analyst
Company | State Farm |
Address | , Bloomington, 61701 |
Employment type | FULL_TIME |
Salary | |
Expires | 2023-11-29 |
Posted at | 9 months ago |
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 our benefits, locations and the process of joining the State Farm team!
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.
To enable our associates to grow, P&C Actuarial offers a competitive Exam Support program for associates pursuing their actuarial designations.
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.
The following must be attached to candidate's application at the time of submission -please attach both of the following as one combined document under the resume section:
- Resume
- Transcript for recent graduates (unofficial copy accepted)
Office Location(s): Bloomington, Illinois; Dunwoody, Georgia; Richardson, Texas; Tempe, Arizona
*****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*****
Qualifications:
We Are Looking for Candidates With:
- Intention to earn the ACAS/FCAS designation
- Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam, though completion of two or more exams is preferred
- A minimum GPA of 3.25, though a GPA above 3.5 is preferred (unofficial transcripts required with application)
- Completion of a prior actuarial internship or similar work experience. Candidates with industry experience totaling more than 3 years are encouraged to review State Farm’s P&C Actuarial Analyst (Experienced) posting, if available.
- Strong communication, interpersonal, organization, leadership, and critical thinking skills
- Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management, or other analytical fields (successful completion of bachelor’s degree prior to start date)
- Experience with data and statistical analysis in Excel, SQL, R, and/or Python
Incumbency Period:
There is a 24-month incumbency period (beginning on the employee's effective date) for any lateral job movements and a 12-month incumbency period for any promotional opportunities, which must be met before the employee may post for other State Farm positions. The incumbency period does not affect the at-will relationship between State Farm and the employee and does not create an employment contract, nor contractual rights.
What’s In It For You
- A learning culture that includes Mentoring, Tuition Reimbursement, and more
- Competitive pay and annual bonus potential
- Volunteer opportunities: Get involved and give back to the community!
- A competitive 401k plan
- A company that embraces Diversity and Inclusion: We are one team and it is simply the right thing to do!
- Opportunities to work with cutting edge technologies and business models
- Incentives for successful completion of industry exams (ACAS and FCAS)
Learn more about our benefits at State Farm Careers!
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