Starting salary is based off of the number of Actuarial exams successfully completed.
Required Education:
4 Year Degree
Additional Information:
3 openings available.
Internal Number: 38619
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!
Hybrid work arrangement. This position requires both in-office and remote duties. In-office duties must be performed from one of the Corporate Hubs located in Bloomington, IL and Richardson, TX
*****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****
Responsibilities
Do you love analyzing data and applying your Actuarial Science skills to solve problems? Our Life/Health & Investment Planning Services department is looking to add some Life/Health Actuarial Analysts to the team. The day to day can vary but in this role you can expect to apply your actuarial principles to develop and implement rates, develop financial models to provide information and comply with legal requirements as well as analyze data, develop proposals and respond to various actuarial information requests. At State Farm, we value continuing education and offer a very generous Exam Support program and Study policy to support continued pursuit of Actuarial Exams.
Qualifications
Competitive candidates will have the following qualifications:
Major: Actuarial Science, Mathematics or Statistics, and/or Computer Science
A minimum college GPA of 3.25, 3.50 is preferred (unofficial transcripts required at application)
Prior experience as an Actuarial Intern
Have passed at least 1 CAS/SOA Actuarial Exam
Experience with Microsoft Office Suite (Excel in particular) and with other programs (such as SAS, R, Python, C++, etc.)
IMPORTANT: The following must be attached to the candidate's application at the time of submission (please attach both of the following as one combined document under the resume section):
Resume
College Transcript (unofficial copy accepted)
What you can expect:
Competitive candidates may be invited to participate in the interview process, with selected candidates progressing through several rounds of interviewing.
*****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****
The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams.
Our vision for the future is to be the customer's first and best choice in the products and services we provide. We will continue to be the leader in the insurance industry and we will become a leader in the financial services arena. Our customers' needs will determine our path. Our values will guide us.
Our Values: We are people who make it our business to be like a good neighbor; who built a premier Company by selling and keeping promises through our marketing partnership; who bring diverse talents and experiences to our work of serving the State Farm customer.
Our success is built on a foundation of shared values — quality service and relationships, mutual trust, integrity and financial strength.