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!
Responsibilities
Financial & Regulatory Reporting is seeking a driven professional to join our team! As an Accounting Analyst in Financial Operations, you'll have the unique opportunity to shape and support decision-making throughout the enterprise through insightful financial analysis and reporting. You'll serve as a trusted advisor and strategic partner to executive leadership, collaborating with various teams across State Farm to drive key enterprise priorities. Your work will help advance State Farm's mission, allowing us to better serve our customers in new and impactful ways.
As an Accounting Analyst, your key responsibilities could include (but are not limited to):
- Preparing and supporting monthly, quarterly and annual financial statements and reports for Property & Casualty, Life, Investment Management/Brokerage and other affiliates.
- Researching accounting guidance and appropriately applying to our financial reporting.
- Maintaining proper operation of internal controls.
- Delivering timely financial analysis and explaining complex topics clearly to help the audience make informed decisions.
- Collaborating across Financial Operations and the Enterprise to develop ad hoc and routine analysis to enable informed decision-making. This includes analysis of results, proactive identification of trends, and impact analysis on changes affecting trends.
- Serving as a strategic thought partner for leadership and business areas and offering insights on Enterprise financial and growth results.
- Representing Financial Operations on projects and initiatives across the Enterprise.
Qualifications
• Bachelor’s degree or higher in Accounting or Finance • CPA designation preferred • Understanding of core accounting principles and financial statements • Broad business and financial acumen • Strong analytical skills and attention to detail • Strong written and verbal communication skills with an ability to work with all levels of leadership • Learning agility and adaptability to work across multiple teams • A high degree of internal motivation, initiative, and curiosity • Ability to multi-task and manage competing priorities to meet deadlines • Ability to lead and/or represent Financial Operations on projects and initiatives • Proficiency in Microsoft Excel, including utilization of advanced formulas and report automation technique • Insurance and/or financial services experience preferred
Hybrid Work Location: Bloomington, IL-Corporate
- Hybrid Work arrangement: A "Hybrid" position means selected candidates will be assigned to a facility and will spend some time working both in the office and from their home. Work arrangements could change over time based on business need.** Starting in the fall of 2026, hybrid employees will be in-office 35% of the time (7–8 days per month). By the end of 2027, Hybrid employees will be in-office at least 50% of the time (10–11 days per month). **
*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
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: $60,000- $95,000
- 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!