State Farm · 13 hours ago
Property and Casualty Actuarial Analyst
Bloomington, IL
Full-time
Hybrid
New Grad, Entry LevelState Farm is a leading property and casualty insurer in the United States, dedicated to helping communities and making a positive impact. The Property and Casualty Actuarial Analyst will develop actuarial recommendations, apply statistical modeling techniques, and collaborate with business partners to solve complex business problems.
Insurance
No H1B
Responsibilities
Develop actuarial recommendations for leadership and implement changes to satisfy the financial objectives of the #1 Property and Casualty insurer in the United States
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
Engage with business partners across the organization to solve multi-faceted business problems
Qualification
Required
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)
Minimum GPA of 3.25, GPA of 3.5 or higher preferred (unofficial transcripts required with application)
Experience with data and statistical analysis in Excel, SQL, R, and/or Python
Completion of a prior actuarial internship or similar work experience
Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam, two or more exams is preferred
Intention to earn the ACAS/FCAS designation
Strong communication, interpersonal, organization, leadership, problem-solving and critical thinking skills
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
Preferred
GPA of 3.5 or higher preferred (unofficial transcripts required with application)
Two or more exams is preferred
Benefits
Actuarial Exam Support/reimbursements and salary increases for passed exams.
Potential yearly incentive pay up to 15% of base salary
State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan.
All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more.
You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off.
With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.
Company
State Farm
At State Farm®, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.
Founded in 1922
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Alexis Harris
CEO/AGENT
Aquilas Zephir
Owner/CEO at Aquilas Zephir State Farm
Recent News
2024-05-05
2024-04-20
The North Bay Business Journal
2024-04-14
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