Model Architect

1 month ago

Bloomington, United States State Farm Full time
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

Position Location: Bloomington, IL; Atlanta, GA; Dallas, TX; or Phoenix, AZ

Hybrid Work Arrangement: In this position, you should plan to spend time working in the office each week and remotely (with the ability for same day travel to and from your assigned office location) as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Your manager will share additional information regarding your department's approach and what it means for you.

*****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

A Day In The Life Of A P&C Actuarial & Underwriting Modeling Model Architect

State Farm P&C Actuarial & Underwriting Modeling (PCM) team is looking for an experienced Model Architect to join our innovative, dynamic and fast paced team of exceptional data science professionals.

Key Responsibilities:

  • Serves as high level consultant/researcher on department initiatives
  • Engages in the development, interpretation, implementation and support of several different types of statistical modeling, machine learning and AI techniques
  • Reviews and analyzes data in innovative ways to further refine the underwriting, pricing, and risk selection objectives of the enterprise
  • Identifies new data elements, criteria, or factors for use in underwriting and pricing
  • Conducts studies using department resources in conjunction with other financial/research areas of the enterprise
  • Consults with clients on the use of modeling, machine learning and AI, assessing needs and defining project scope
  • Participates in external professional and industry committee/studies
  • Applies programming skills to make use of computer intensive analysis techniques
  • Routinely engages in quantitative analysis on many non-standard and unique business problems
  • Uses knowledge of business areas and research skills to address and solve a diverse range of real-world business issues and to solve business problems

Qualifications

We Are Looking for Candidates With
  • 10 or more years of experience
  • Possesses technical skills and educational experiences in one or more of the following fields: Information Technology, Computer Science, Actuarial Science, Math, Statistics, and/or Data Science.

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

*****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*****

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