Actuarial Manager - P&C Pricing


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!

Bloomington, IL. is the preferred location for this position. Other locations will be considered for uniquely qualified candidates.

Responsibilities

State Farm's P&C Actuarial team is seeking a forward-thinking leader with a growth mindset to oversee a team of Actuarial Analysts with responsibility for driving pricing segmentation strategies and making decisions in support of profitable growth. An ideal candidate will be able to a pply 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 strateg ies . 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 (ACAS or FCAS).
  • 2 or more years of direct team lead or management experience.
  • 5 or more years of experience in the P&C insurance industry.
  • Working knowledge of insurance regulation and experience with regulatory rate filing communications.

What You Can Expect
  • Next Steps: Competitive candidates may be invited to participate in the interview process. This is where the excitement begins!
  • 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


What's In It For You
  • Competitive Benefits, Pay and Bonus Potential: Who doesn't want money, right?
  • Volunteer opportunities: Get involved and give back to the community!
  • Tuition Reimbursement: We support opportunities for you to learn and grow!
  • A Learning Culture: Mentoring, Professional Designations, Employee Development, and more!
  • 401k Plan
  • Dress Code: We trust our employees to dress for their day. That's right, we trust you...
  • We embrace Diversity and Inclusion: We are one team and it is simply the right thing to do!
  • Learn more about our benefits at State Farm Careers!


Incumbency

There is a 24-month incumbency period (beginning on the employee's effective date) for any lateral job movements outside of the department and a 12-month incumbency period for any promotional opportunities outside of the department, which must be met before the employee may post for other State Farm positions. The incumbency period does not affect the at-will relationship between State Farm and the employee and does not create an employment contract, nor contractual rights.

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Posted
06/03/2021
Type
Full time
Salary Range
$86,000.00 - 150,000.00
per Year
Salary range estimated by
Location
Bloomington, IL 61791, US