Life/Health Actuarial Analyst Trainee
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!
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.
Office Location: Bloomington, IL; All positions will be located in Bloomington, IL. Bloomington is the location of State Farm's Corporate Headquarters and is 2 1/2 hours from Chicago, Indianapolis, and St. Louis. Bloomington is a mid-size community; an average 15 minute rush hour commute is a welcome change for those who have fought rush hour traffic in the city. The community is very active and is home to multiple universities including Illinois State University and Illinois Wesleyan University.
Hybrid Work Environment: Selected applicants should plan to spend time working from home and some time working in the office as part of our flexible work environment.
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):
- 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*****