Big sinking ship - Actuarial Analyst State Farm Employee Review

3.0
Mar 6, 2018
Recommend
CEO approval
Business outlook

Pros

- amazing work life balance - good benefits - relaxed work environment

Cons

- Technology is too far behind to compete long term. State Farm is trying to take the right steps but upper upper management is making decisions that I can confidently say will destroy the company. But they have so much money, they can bleed losses for a fair amount of time at least. - Going through major layoffs right now and heard rumors eliminating more next year

Explore other reviews about State Farm

5.0
Jun 1, 2026
Recommend
CEO approval
Business outlook

Pros

Great leadership, great culture, work-life balance

Cons

Very fast-paced work, pay could be higher

3.0
Mar 8, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

(At the time) Fair pay and predictable bonus structure They were pretty good at covering travel expenses and paying them back quickly Diverse workforce & diversity initiatives Fun and funny coworkers Opportunities for growth Again, this was all four years ago and has likely changed

Cons

(At the time and now, according to other comments) Arrogant to a fault Total lack of innovation & willingness to innovate Odd attachment to the company's past (which prevents progress) High number of veterans (20+ years) who are determined to get that retirement money, and therefore, are resistant to change and technology Heavy reliance on command and control management style Poor decision-making that leads to losses of all kinds

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