Data Analyst - P&C Underwriting
Posted 2025-03-14Overview
? Potential salary range: $78,081 - $148,000
? * Starting salary will be based on skills, background, and experience
? High end of the range limited to applicants with significant relevant experience
? Potential yearly incentive pay up to 10% of base salary
WORK ARRANGEMENT: 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.
INCUMBENCY: Incumbency requirements of 18 months prior to employees being able to post for lateral opportunities outside of PCU and 12 months for promotional opportunities.
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.
At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!
? Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
? Stay Well! Focus on you and your family?s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
? Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
? Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
? Take a Little ?You? Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
? Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
? Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.
Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!
Responsibilities
P&C Underwriting is seeking a data analyst on the Underwriting Thresholds Team. This role will provide an opportunity to demonstrate deep technical knowledge, own and support data processes and strategy to support New Business and Reunderwriting model threshold work, solve complex problems and collaborate with different business partners.
Key Responsibilities: ? Query and aggregate data sets for use in threshold reporting, projections, and analytics for new business and re-underwriting. ? Assist with data analysis and ad hoc data requests from department leadership. ? Manage data quality to ensure accuracy in reporting, projection, and analytic efforts. ? Monitor and track key performance indicators (KPIs) through dashboarding and reporting, often in collaboration with other areas. ? Collaborate on underwriting strategy within Underwriting & with Enterprise business partners.
Additional Responsibilities: ? Identify and clarify data quality pain points and opportunities for improvements. ? Experience navigating different generations of data structures. ? Work independently with minimal supervision. ? Coach peers on data processes and strategies.
Qualifications
? Strong P&C business and data knowledge and willingness to learn.
? Ability to extract, aggregate, validate and interpret premium, loss, growth, underwriting and claims metrics.
? Experience working with or adjacent to data models.
? Familiarity with state rating and underwriting regulations.
? Ability to effectively utilize business intelligence data systems, models, financial/statistical resources, and analytical software applications in the creation of reports, charts, and visuals.
? Ability to summarize metrics for reporting and identify corrective actions.
? Proficient in BI Tooling (i.e., Power BI, Qlik, QuickSight).
? Advanced skills within the Microsoft suite, especially Excel, Word, PowerPoint.
? May apply specialized knowledge of research/statistical techniques.
? Establishes positive relationships and coordinates work across teams and departments.
? Ability to communicate complex information to wide range of audiences including Executives.
? Proficiency in SQL and Python strongly preferred.
? Familiarity with AWS Suite and cloud-based infrastructure.
? Experience working in GitLab or other versioning software.
? Master?s Degree and/or Bachelor's Degree in Data Analytics or adjacent discipline is preferred.
Note - potential applicants do not need to meet all qualifications. In-role development is expected.
Competencies:
? Technical/Functional Expertise
? Strategic Business Focus
? Critical Thinking
? Initiative
? Resourcefulness
? Adaptability
? Relationship Building
About the Company:
State Farm
Customers and communities rely on us to help them face life's uncertainties. They come to us for guidance with insurance needs, financial planning, and strengthening the community.
Company Size:
10,000 employees or more
Industry:
Insurance
Founded:
0
Website:
https://www.statefarm.com/careers
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