• Job Description

  Req#: 40655
  Overview
  
  
  Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good!
  
  This position will have a 24-month incumbency period for a lateral move and a 12-month incumbency period for a promotional opportunity (beginning on the effective date of the position) which must be met before the employee can post for any other State Farm position. The incumbency period does not affect the at-will relationship between State Farm and the employee and does not create an employment contract, nor contractual rights.
  
  Responsibilities
  
  
  As a Planning & Analysis (P&A) Analyst within Financial Operations, you’ll be uniquely positioned with the exciting opportunity to directly influence enterprise leadership decisions through relevant, actionable financial analysis. You’ll be a trusted advisor and strategic thought partner to Executive leadership, collaborating broadly with others across State Farm to enable execution of key enterprise priorities. You will enable the mission of State Farm, informing how we can help more customers in more ways. As a P&A Analyst, your key responsibilities may include (but are not limited to):
  
  
  • Lead and contribute to strategic enterprise planning, target setting, and monitoring/reporting of company goals.
  • Identify and resolve complex problems independently by proactive identification of market opportunities and trends to support Executives in identifying outliers and enabling actionable insights.
  • Providing knowledge, insight, and enterprise perspective via financial analysis that facilitates operational and strategic decision making.
  • Collaborate across P&A, Financial Operations, and the Enterprise to develop ad hoc and routine analysis to enable informed decision-making, including analysis of results, proactive identification of trends, impact analysis on changes affecting results trends.
  • Serve as a strategic thought partner for leadership and business areas and offer insights on Enterprise financial and growth results and trends.
  • Prepare accurate and relevant written financial analysis in a timely manner, communicating complex subject matter to the intended audience in a simplified manner that meaningfully informs decisions.
  • Represent P&A on projects and initiatives across the Enterprise.
  
  Qualifications
  
  
  ****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*****
  
  Your typical day as a Market Area Planning & Analysis analyst will involve identifying product line trends and demonstrating creativity and influence to directly consult Agency Executives in our organizational pursuit of profitable growth. If you are passionate about data and can turn complex data into actionable insights, we would love to hear from you. Join us to drive data-informed decisions that make a difference.
  Ideal candidates applying for this position would meet the following qualifications:
  
  
  • Degree in Business/Finance/Accounting/Economics/Mathematics/Statistics or a related field is preferred
  • Intellectual curiosity and a growth mindset.
  • Strong written and verbal communication skills and an ability to work with all levels of leadership
  • Demonstrated initiative and ability to dig deep into trends, learn business tools, and actively seek means to improve processes and controls
  • Broad business and financial acumen
  • Proficiency in Microsoft Excel, including utilization of advanced formulas and report automation techniques
  • Experience with business intelligence data systems, financial/statistical resources, and analytical software is a plus.
  • Demonstrated success in the following critical skills: Business Acumen, Collaboration & Communication, Critical Thinking, Intellectual Curiosity, Technical Skills including Microsoft products and Storytelling.
  
  Our Benefits
  
  
  Because work-life-balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week!
  • Potential starting salary range: $53,901.25 - $99,540.63
  • 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
  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!
  
  
  ****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*****
  
  Your typical day as a Market Area Planning & Analysis analyst will involve identifying product line trends and demonstrating creativity and influence to directly consult Agency Executives in our organizational pursuit of profitable growth. If you are passionate about data and can turn complex data into actionable insights, we would love to hear from you. Join us to drive data-informed decisions that make a difference.
  Ideal candidates applying for this position would meet the following qualifications:
  
  
  • Degree in Business/Finance/Accounting/Economics/Mathematics/Statistics or a related field is preferred
  • Intellectual curiosity and a growth mindset.
  • Strong written and verbal communication skills and an ability to work with all levels of leadership
  • Demonstrated initiative and ability to dig deep into trends, learn business tools, and actively seek means to improve processes and controls
  • Broad business and financial acumen
  • Proficiency in Microsoft Excel, including utilization of advanced formulas and report automation techniques
  • Experience with business intelligence data systems, financial/statistical resources, and analytical software is a plus.
  • Demonstrated success in the following critical skills: Business Acumen, Collaboration & Communication, Critical Thinking, Intellectual Curiosity, Technical Skills including Microsoft products and Storytelling.
  
  
  As a Planning & Analysis (P&A) Analyst within Financial Operations, you’ll be uniquely positioned with the exciting opportunity to directly influence enterprise leadership decisions through relevant, actionable financial analysis. You’ll be a trusted advisor and strategic thought partner to Executive leadership, collaborating broadly with others across State Farm to enable execution of key enterprise priorities. You will enable the mission of State Farm, informing how we can help more customers in more ways. As a P&A Analyst, your key responsibilities may include (but are not limited to):
  
  
  • Lead and contribute to strategic enterprise planning, target setting, and monitoring/reporting of company goals.
  • Identify and resolve complex problems independently by proactive identification of market opportunities and trends to support Executives in identifying outliers and enabling actionable insights.
  • Providing knowledge, insight, and enterprise perspective via financial analysis that facilitates operational and strategic decision making.
  • Collaborate across P&A, Financial Operations, and the Enterprise to develop ad hoc and routine analysis to enable informed decision-making, including analysis of results, proactive identification of trends, impact analysis on changes affecting results trends.
  • Serve as a strategic thought partner for leadership and business areas and offer insights on Enterprise financial and growth results and trends.
  • Prepare accurate and relevant written financial analysis in a timely manner, communicating complex subject matter to the intended audience in a simplified manner that meaningfully informs decisions.
  • Represent P&A on projects and initiatives across the Enterprise.

• About the company

  State Farm Insurance is a large group of insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois.

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