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Insurance Strategy Analyst

State Farm
tuition reimbursement
United States, Arizona, Tempe
March 25, 2024

Insurance Strategy Analyst

US-TX-Richardson

Job ID: 2024-36372
Type: Regular Full Time
# of Openings: 1
Category: Underwriting and Actuarial
Richardson, TX

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 , and of joining the State Farm team!

This position is a HYBRID role and will require some time spent in the office as well as time working from home. You must reside in the same state AND within 100 miles of either Bloomington, Illinois; Dunwoody, Georgia; Richardson, Texas or Tempe, Arizona.

SPONSORSHIP: 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

Key responsibilities will include:
* Advise and support strategic direction of the Portfolio Management area within P&C Underwriting along with other key enterprise priorities
* Deliver thoughtful strategic insight to support underwriting executive decision-making
* Supporting growth & profitability initiatives by engage in cross-functional efforts that identify adverse trends and opportunities, working to quickly implement tactical solutions
* Scope project work by identifying potential business implications, data assets needed, areas that need to be consulted, and establishing key milestones through the work
* Foster relationships across multiple areas to understand work with portfolio implications
* Prepare findings and recommendations to an executive audience reflective of professional completed staff work
* Leverage technology and visualization principles to clearly articulate points and drive better decision-making within PCU (and other areas)



Qualifications

An ideal candidate will possess the following:
* Deep experience and understanding of personal lines insurance, specifically Auto
* Understanding of strategic development frameworks and tools
* Experience developing strategic direction for a major operational area (ideally underwriting) for a P&C insurance company
* Preferred experience in Financial Operations, P&C Actuarial, P&C Modeling, P&C Underwriting and/or Enterprise Technology
* A deep understanding of personal lines auto & fire performance measures. An auto focus is preferred.
* Ability to leverage multiple internal data assets to analyze key profit and growth metrics across P&C products
* Broad awareness of current P&C performance trends at national & state levels
* Experience engaging in a variety of analytical efforts spanning multiple teams
* Delivering completed staff work to an executive audience
* Ability to engage cross functional stakeholders, generate consensus and drive work
* Ability to drive pace across multiple initiatives occurring simultaneously
* Proactively translate insights to recommendations using leading data visualization techniques

In addition:

  • Bachelor's degree
  • 3.5+ GPA
  • At least 5 years of experience at a P&C Insurance Company
    • Those with Auto insurance experience will be most competitive


Please see job description

PI238575974

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