P&C Actuarial Analyst

State Farm

Key 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.

Requirements & Tech Stack

• Experience with data and statistical analysis in Excel, SQL, R, and/or Python.
• Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam.
• Intention to earn the ACAS/FCAS designation.

Qualifications

• 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.
• Completion of a prior actuarial internship or similar work experience.
• Two or more actuarial exams is preferred.
• Strong communication, interpersonal, organization, leadership, problem-solving, and critical thinking skills.
• Preferred: Experience with delivering multiple projects on time and with quality.
• Preferred: Ability to collaborate with peers, managers, and stakeholders to define project scope and deliver shared outcomes.
• Preferred: Ability to work in the gray and develop recommendations aligned to department and enterprise goals.

Work Arrangement:

• Hybrid Work Arrangement: Plan to spend time working in the office a minimum of 2 days per week, moving to 3 days in 2027.
• Associates are expected to be able to travel to and from their assigned office location.

Location(s):

• Bloomington, IL
• Richardson, TX
• Tempe, AZ

Employment Eligibility:

• 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).