ERM Modeling Analyst

Company: State Farm Mutual Automobile Insurance Company
Location: Bloomington
Posted on: February 14, 2020

Job Description:

One Company---Many Careers!

A Day In The Life Of An Enterprise Risk Management Modeling Analyst

This team is responsible for the development and continuous enhancement of risk analytic tools and work products used to support State Farm leadership in risk-informed decision-making and capital planning efforts. Enterprise Risk Management is a fast-paced, dynamic, and collaborative environment producing work products to help inform leadership decision-making at the highest levels within the organization.

This analyst will develop and report on various risks. In doing so, the analyst will work in partnership with subject matter experts across State Farm. A successful analyst must be able to display clear and concise analytical skills in written and oral communication.

Enterprise Risk Management analysts:

• Provide critical analysis and input to modeling and/or model validation work
• Develop and/or reviews models using advanced financial, statistical, or actuarial modeling techniques
• Serve as a liaison with business partners to communicate information through summaries, reports, and presentations; audience may include external contacts and senior leadership
• Compiles, prepares, and interprets forecasts, statements, reports; makes presentations to various audiences
• Maintain awareness/understanding of model risk regulatory expectations pertaining to models that may impact State Farm; complies with regulatory expectations
  Office Location - Bloomington, IL
  
  We Are Looking for Candidates With
  
  • Strong academic credentials; preferably with a background in accounting, finance, economics, math/statistics, investments, or actuarial science
  • Strong analytical and problem solving skills
  • Ability to process large amounts of information to determine what is important and implications to State Farm
  • Ability to work independently, with little direction
  • Ability to work in a team environment
  • Excellent communication skills, verbal and written
  • Ability to collaborate with others, including those with different opinions
  • Proficient in Microsoft Office Products (Excel, Word, PowerPoint)
    
    What You Can Expect
    
    Next Steps: Competitive candidates may be invited to participate in pre-employment testing and/or the interview process. This is where the excitement begins!
    
    What's In It For You
    
    Competitive Benefits, Pay and Bonus Potential
    
    Volunteer opportunities: Get involved and give back to the community!
    
    A Learning Culture: Mentoring, Professional Designations, Employee Development, and more!
    
    401k Plan and FULLY FUNDED PENSION
    
    We embrace Diversity and Inclusion!
    
    Learn more about our benefits at
    
    
    We are not just offering a job but a meaningful career! We're here to help life go right--
    
    Come join our passionate team!
    
    _____________________________________________________________
    
    Employment Type:
    Regular Full-Time
    
    Shift:
    First
    
    Weekends:
    Periodic
    
    #LI-MT1
    
    SFARM
    
    PM18 PI117955012

Keywords: State Farm Mutual Automobile Insurance Company, Bloomington , ERM Modeling Analyst, Professions , Bloomington, Illinois