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Business Analyst - Agency
Overview <p>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!</p> Responsibilities <p>A Market Management Analyst plays a vital role in the growth of our agency force by conducting market analysis to identify potential markets and locations for agency placement. They serve as a trusted business partner to Market Area leadership and drive effective execution of the Market Management Strategy by providing guidance, strategic planning, direction and advice to Market Area Leadership. Their expertise of the market, ability to offer key insights into trends and strong relationships with Market Area leadership allow them to develop data-driven recommendations, paired with field intel, to inform agent placement decisions. They have strong business acumen and a clear understanding of how decisions in each market area collectively impact the Enterprise.</p><ul><li>Provide recommendations to Market Area leadership on agent placement and agent assignment/investment strategies within each unique market</li><li>Lead regular calls with Market Area AVP/VPAs to share analysis, insights and collaborate on their market management strategy</li><li>Conduct market research to gather data on customer behavior, industry trends, competitor activities and market dynamics and proactively communicate trends with Market Area leadership</li><li>Collaborate with key business partners to provide a holistic assessment of the market, better understand relevant market needs and proactively prepare for upcoming agent openings</li><li>Assess market opportunities and potential for growth by evaluating market size, market potential, economic factors and profit considerations</li><li>Conduct in-depth analysis on extensive data sets, create compelling visual representations and deliver concise yet informative insights and actionable recommendations to Market Area leadership in a digestible format</li></ul><p> **This position will be a Hybrid work arrangement for selected candidates already located in our Hubs of Atlanta, Dallas or Phoenix; or our corporate office in Bloomington, Ill. Relocation benefits will not apply.** </p><p> For San Francisco candidates: Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.</p><p> For Los Angeles candidates: Pursuant to the Los Angeles Fair Chance Initiative for Hiring, we will consider for employment qualified applicants with criminal histories.</p><p> For Colorado, Hawaii and Washington State candidates: <br />Salary Range: $88,660-152,875<br /> For California, New York, and CT candidates: <br />Potential salary range: $88,660-$134,530<br />Potential yearly incentive pay: up to 10% of base salary</p><p> Competitive Benefits, including: </p><p>401k Plan<br />Health Insurance<br />Dental/Vision plans<br />Life Insurance<br />Paid Time Off<br />Annual Merit Increases<br />Tuition Reimbursement<br />Health Initiatives</p> Qualifications <br /><br /><ul><li> Ability to influence and build relationships through candid feedback, information sharing, and delivered results; trusted and viewed as highly credible in all situations </li><li> Strong analytical and data visualization skills </li><li> Experience in consulting with Executives or Market Area Leadership </li><li> Curious and creative mindset; desire to delve into unexplored areas/questions for comprehensive analysis and insights and creatively tackle complex problems </li><li> Demonstrated teamwork and collaboration </li><li> Ability to execute and deliver business results under pressure and with a depth of insight </li><li> Ability to assess a situation and proactively take or drive action </li><li> Strong business and technical acumen, willingness and desire for continued learning and development </li><li> Compelling and engaging written and verbal communication and presentation skills with the ability to make the complex simple; adapts communication style as needed for the audience and context </li><li><p> Proficient in Microsoft Excel </p></li></ul><p> ****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**** </p> Our Benefits <p>Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week!</p><ul><li>Potential starting salary range: $XX,XXX - $XXX,XXX</li><ul><li>Starting salary will be based on skills, background, and experience</li><li>High end of the range limited to applicants with significant relevant experience</li></ul><li>Potential yearly incentive pay up to 10% of base salary</li></ul><p> 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! </p><ul><li> Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.</li><li> 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!</li><li> Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.</li><li> 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!</li><li> 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!</li><li> Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.</li><li> Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.</li></ul><p> Visit our State Farm Careers page for more information on our benefits , locations , and the hiring process of joining the State Farm team! </p>