Senior P&C Actuarial Analyst – Sharing Economy

State Farm•Dunwoody, GA

4d•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. As part of the Property and Casualty Actuarial community, you’ll be challenged and empowered to grow both personally and professionally. We’re committed to helping each associate reach their full potential. To support that growth, P&C Actuarial offers a competitive Exam Support program for associates pursuing their actuarial designations. Our Sharing Economy team is responsible for adapting to shifting consumer preferences and emerging trends in the transportation of both people and goods—and evaluating how those trends affect our customers’ insurance needs. The team partners with cross-functional groups, including Product, Underwriting, Claims, and Loss Reserves, to translate platform data into pricing recommendations that support profitable program growth for the #1 Property and Casualty insurer in the United States. Analysts gather and reconcile data from a variety of internal systems and external sources to support actuarial analyses. They also help build and maintain tools used for in-depth loss analysis, actuarial indications, and ongoing trend monitoring.

Requirements

At least 2 years of experience working with or for a gig or sharing economy company
A bachelor’s degree in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management, or another analytical field
Experience with data and statistical analysis in Excel, SQL, R, and/or Python
Strong communication, interpersonal, organizational, leadership, problem-solving, and critical thinking skills
Successful completion of at least three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) exams (ACAS designation preferred)
Commitment to earn and/or maintain the Continuing Education requirements for the ACAS/FCAS designation
Applicants must be eligible to work lawfully in the U.S. immediately; the employer will not sponsor applicants for U.S. work authorization (e.g., H-1B visa) for this opportunity

Nice To Haves

ACAS designation preferred

Responsibilities

Gather and reconcile data from a variety of internal systems and external sources to support actuarial analyses.
Build and maintain tools used for in-depth loss analysis, actuarial indications, and ongoing trend monitoring.
Adapt to shifting consumer preferences and emerging trends in the transportation of both people and goods.
Evaluate how emerging trends affect customers’ insurance needs.
Partner with cross-functional groups, including Product, Underwriting, Claims, and Loss Reserves, to translate platform data into pricing recommendations that support profitable program growth.

Benefits

Compensation is based on our standard 38:45-hour work week
Potential starting salary range: $110,000 - $165,000
Starting salary and job level (Actuarial Analyst/Sr. Actuarial Analyst/Principal Actuary) will be based on skills, background, CAS exams passed, and relevant experience.
High end of the range limited to applicants with significant relevant experience
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
Educational benefits like 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
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
Plan for retirement using free financial advisors
401(k) plan with company contributions of up to 7% of your salary