Experienced Actuarial Analyst (CAT Risk Management & Reinsurance)
US-TX-Richardson
Careers (External)
Req #: 41385
Type: Regular Full Time
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Overview: 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. Come join a #1 team and do some good! Office Location: Bloomington, IL; Richardson, TX; or Phoenix, AZ Hybrid Work Arrangement: In this position, you should plan to spend time working in the office a minimum of 2 days per week. 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) or for future work authorization for this opportunity**** Responsibilities: A Day In The Life Of A Property & Casualty Actuarial Analyst Working at State Farm takes heart. We help customers protect the things that matter most to them. We help them get back on their feet after an accident or disaster and we help people plan ahead for the future they want. As a member of the Property and Casualty Actuarial community you will be challenged and empowered to grow personally and professionally. We are dedicated to helping each of our associates develop to his or her full potential. In order to enable our associates to grow, P&C Actuarial offers a competitive Exam Support program for associates pursuing their actuarial designations. Our P&C Actuarial Analysts develop actuarial recommendations for leadership and implement changes to satisfy the financial objectives of the enterprise. They also develop and apply actuarial modeling techniques to solve actuarial problems, conduct actuarial 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. Qualifications: We Are Looking for Candidates With: * Experienced Actuarial Analyst with a minimum of 3 years of experience in the field. * Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytics majors preferred * Experience with data and statistical analysis in Excel and Python required * Experience with unsupervised learning preferred * Experience with catastrophe risk management analytics and reinsurance preferred * Strong communication, interpersonal, organization, leadership and critical thinking skills * Successful completion of at least three Casualty Actuarial Society exams required. ACAS or FCAS designation preferred. What You Can Expect Incumbency: There is a 12-month incumbency for promotional moves and a 24-month incumbency for lateral moves. The incumbency period will begin on the employee's effective date and must be met before the employee can post for other State Farm positions. Next Steps: Complete the application process AND attach a copy of your unofficial transcripts. Competitive candidates may be invited to participate in the interview process. This is where the excitement begins!
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