Senior P&C Actuarial - Actuarial Analyst

State Farm•Dunwoody, GA

1d•Hybrid

About The Position

Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. We're moving with urgency to become a Next Gen Good Neighbor, with technology that strengthens human connections and enhances the customer experience. As an employee, you'll spend less time navigating systems and more time applying judgment, empathy, and expertise in the moments that matter most. Visit our Careers page for more information on our benefits, locations and the process of 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 and moving to 3 days per week in 2027. 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

Requirements

A minimum of 2 years of experience in the field.
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, problem-solving and critical thinking skills
Successful completion of at least three Society of Actuaries or Casualty Actuarial Society exams required.
Intention to earn, or maintain the Continuing Education requirements of, the ACAS/FCAS designation.

Nice To Haves

ACAS designation preferred.

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.
Serve as valued resources to other State Farm areas, often engaging 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: $110,000 - $165,000
Incentives for successful completion of industry exams (ACAS and FCAS)
Actuarial Exam support/reimbursements and salary increase for passed exams.
Potential yearly incentive pay up to 15% of base salary
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.
Educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
Fertility/IVF/adoption assistance.
College coaching.
National discount programs.
Interactive monthly financial workshops.
Free financial coaching.
Ability to start a savings account or consider financing through our State Farm Federal Credit Union.
Generous time off policies.
Opportunity to initially earn up to 20 days annually.
Parental leave.
Paid holidays.
Celebration day.
Life leave (40 hours/year).
Bereavement leave.
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.