State Farm - Bloomington, IL

posted 3 months ago

Full-time
Bloomington, IL
Insurance Carriers and Related Activities

About the position

At State Farm, we are not just offering a job but a meaningful career! As a Fortune 50 company, we pride ourselves on hiring the best employees to serve our customers, making us a leader in the insurance and financial services industry. Our Life/Health & Investment Planning Services department is looking to add talented Life/Health Actuarial Analysts to our team. In this role, you will have the opportunity to apply your actuarial science skills to solve complex problems and contribute to the development and implementation of rates and financial models. You will analyze data, develop proposals, and respond to various actuarial information requests, ensuring compliance with legal requirements. We value continuing education and offer a generous Exam Support program and Study policy to support your pursuit of Actuarial Exams. This position operates in a hybrid work arrangement, requiring both in-office and remote duties, with in-office work to be performed at one of our Corporate Hubs located in Bloomington, IL, or Richardson, TX. We embrace diversity and inclusion, ensuring a workforce that is engaged and builds on the strengths and talents of all associates, creating a Good Neighbor culture. Join us and be part of a team that values employee development, wellness initiatives, and community engagement through volunteer events.

Responsibilities

  • Apply actuarial principles to develop and implement rates.
  • Develop financial models to provide information and comply with legal requirements.
  • Analyze data and develop proposals.
  • Respond to various actuarial information requests.

Requirements

  • Major in Actuarial Science, Mathematics, Statistics, or Computer Science.
  • Minimum college GPA of 3.25; 3.50 preferred.
  • Prior experience as an Actuarial Intern.
  • Passed at least 1 CAS/SOA Actuarial Exam.
  • Experience with Microsoft Office Suite, particularly Excel, and other programs such as SAS, R, Python, or C++.

Benefits

  • Continuing education credits
  • Tuition reimbursement
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