State Farm is hiring a
Property & Casualty Actuarial Manager
Overview
We are not just offering a job but a meaningful career! Come join our passionate team! As a Fortune 50 company, we hire the best employees to serve our customers, making us a leader in the insurance and financial services industry. State Farm embraces diversity and inclusion to ensure a workforce that is engaged, builds on the strengths and talents of all associates, and creates a Good Neighbor culture.
We offer competitive benefits and pay with the potential for an annual financial award based on both individual and enterprise performance. Our employees have an opportunity to participate in volunteer events within the community and engage in a learning culture. We offer programs to assist with tuition reimbursement, professional designations, employee development, wellness initiatives, and more!
Visit our Careers page for more information on our benefits, locations, and the process of joining the State Farm team!
P&C ACTUARIAL MISSION & VISION
Mission: We relentlessly deliver emerging and highly relevant insights, are valued as collaborative, innovative thought-partners that bring pricing and product expertise to our P&C business and are a highly sought-after destination for top talent.
Vision: To be the industry leading actuarial organization providing unrivaled P&C product and pricing expertise to extend State Farm market leadership.
Office Location(s): Bloomington, Illinois; Dunwoody, Georgia; Richardson, Texas; Tempe, Arizona
Hybrid Work Arrangement: In this position, you should plan to spend time working in the office and remotely (with the ability for same day 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.
Responsibilities
An ideal candidate will be able to apply expert knowledge and experience in Actuarial Analysis to make business recommendations for rating plan changes via regulatory filings and actively contributes to shaping pricing and product strategies. As a member of the P&C Actuarial team, you will be challenged and empowered to grow professionally. This unique work environment within the State Farm organization provides a wide array of opportunities to develop and strengthen your leadership skills, from technical acumen to coaching to relationship building. We are dedicated to helping each of our associates develop to his or her full potential. We appreciate your interest in this role.
Qualifications
We Are Looking for Candidates With:
- Bachelor’s Degree or higher in Actuarial Science, Math, Statistics, Data Science, or related field of study.
- Casualty Actuarial Society Designation (minimum ACAS, preferred FCAS).
- 2 or more years management/supervisory experience.
- 5 or more years of experience in the actuarial field within the P&C insurance industry.
- Working knowledge of insurance regulation and experience with regulatory rate filing communications.
- Experience and knowledge of actuarial rate modeling.