P&C Actuarial Analyst

State Farm•Dunwoody, GA

1d•Hybrid

About The Position

As a member of the Property and Casualty Actuarial community, you will be challenged and empowered to grow personally and professionally. State Farm is dedicated to helping each of its associates develop to their full potential. To enable associates to grow, P&C Actuarial offers a competitive Exam Support program for associates pursuing their actuarial designations. P&C Actuarial Analysts develop actuarial recommendations for leadership and implement changes to satisfy the financial objectives of the #1 Property and Casualty 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.

Requirements

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
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
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

Nice To Haves

GPA of 3.5 or higher preferred
Two or more actuarial exams preferred
Experience with delivering multiple projects on time and with quality
Ability to collaborate with peers, managers, and stakeholders to define project scope and deliver shared outcomes
Ability to work in the gray and develop recommendations aligned to department and enterprise and goals

Responsibilities

Develop actuarial recommendations for leadership.
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.
Analyze and prepare responses to various actuarial questions/issues.
Serve as valued resources to other State Farm areas.
Engage with business partners across the organization to solve multi-faceted business problems.

Benefits

Compensation is based on a standard 38:45-hour work week.
Potential starting salary range: $82,100 reflecting 1 exam passed and will increase with additional passed exams.
Starting salary will be based on skills, background, experience, and passed exams.
Actuarial Exam support/reimbursements and salary increases for passed exams.
Potential yearly incentive pay up to 15% of base salary.
Incentives for successful completion of industry exams (ACAS and FCAS).
Annual raise and bonus.
Robust health and wellbeing programs.
State Farm pays most of your healthcare premium.
Multiple healthcare plan options, including a high deductible plan.
All medical plans provide 100% coverage for in-network preventative care.
Access to vision, dental, telemedicine, 24/7 mental health professionals.
Industry leading training programs.
Top-notch tuition assistance programs.
Employee resource groups.
Mentoring.
Fertility/IVF/adoption assistance.
College coaching.
National discount programs.
Interactive monthly financial workshops.
Free financial coaching.
Generous time off policies.
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.
Matching Gift Program.
Good Neighbor Grant Program.
Employee Assistance Fund.
Free financial advisors.
401(k) plan with company contributions of up to 7% of your salary.