State Farm Careers Near Me – Actuarial Modeling Analyst

Website State Farm

Job Description:

State Farm’s Property & Casualty Actuarial & Underwriting Modeling Department (PCM) is seeking Actuarial Statisticians with experience in utilizing predictive modeling techniques to produce advanced analytic solutions. We have a growing and evolving infrastructure of predictive models that support State Farm’s insurance pricing and underwriting decisions. We are looking for innovative individuals who are self-starters and like being part of a team that develops and implements creative solutions. Working within the PCM Department, agile product teams have autonomy to drive outcomes that provide meaningful business value directly to our customers.

Job Responsibilities:

  • Establish and leverage a network of associates with business domain and data expertise by navigating the organization effectively
  • Compile data exhibits to support filings to departments of insurance
  • Build datasets to support model development
  • Perform advisory/consulting work for the organization, including specialized or innovative areas
  • Lead/mentor other statisticians and other technical work teams
  • Develop and validate advanced analytic models
  • Communicate with business partners that require articulation of the work in non-technical terms
  • Work on complex problems of diverse scope where analysis of situations or data requires evaluation of intangible variance factors
  • Present on technical topics to peers, leadership, and other stakeholders
  • Collaborate with other team members on scoping solutions and project decision points

Job Requirements:

  • Experience with model feature creation, selection and value imputation.
  • Must have passed at least two actuarial exams with the intent to continue on to earn ACAS or higher credential
  • Programing background in SAS and/or Python with emphasis on techniques relevant to predictive modeling such as; data set development, cleaning, EDA, and utilizing modeling procedures.
  • At least one year of industry experience building predictive models

Job Details:

Company: State Farm

Vacancy Type:  Full Time

Job Location: Richardson, TX, US

Application Deadline: N/A

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