Property & Casualty Actuarial Analyst

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Job description

Overview:

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 our benefits , locations and the process of joining the State Farm team!

Responsibilities:

*****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 his or her full potential .

In order 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 U.S. 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)

Qualifications:

We Are Looking for Candidates With

• Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytics majors preferred
• 3.5 minimum GPA preferred, 3.25 minimum GPA required(unofficial transcripts required at application for recent college graduates)
• Experience with data and statistical analysis in Excel, SQL, SAS, R, or Python
• Strong communication, interpersonal, organization, leadership and critical thinking skills
• Completion of a prior actuarial internship or similar work experience
• Successful completion of at least one actuarial exam required; two or more exams preferred
• Candidates should intend to progress toward their ACAS/FCAS designation

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.

Hybrid Work Arrangement: In this position, you should plan to spend time working in the office and remotely (with the ability for same day 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 departments approach and what it means for you.