Scouting Manager

Location US-NY-New York

Making sure you fit the guidelines as an applicant for this role is essential, please read the below carefully.
Job Category Corporate and Business Development
Position Type Regular Full Time
Req ID 42134

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!

State Farm Insurance is seeking a Scouting Manager for our East Coast-based scouting efforts. This candidate would be part of an existing 10-person scouting team located in both Silicon Valley and our corporate headquarters in Bloomington, IL. This individual will successfully identify and evaluate relevant, compelling early-stage companies, then work with State Farm Ventures and other internal stakeholders across our organization to refer the most promising of these companies. This fast-paced, strategic role involves working with many cutting-edge startups, VC firms, accelerators, and the broader startup ecosystem.

The East Coast-based Scouting Manager is responsible for identifying and working with a network of exciting startups, top-tier established organizations, as well as venture capitalists, incubators/accelerators, and premier educational institutions to identify emerging technologies, products, services, and solutions for State Farm and our customers.

HYBRID: Qualified candidates residing within a 180-mile radius of New York, NY will be classified as a Hybrid employee. In a hybrid work arrangement, you will be able to work remotely, with in-person expectations.

**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.

Responsibilities
We are seeking a Scouting Manager for State Farm’s East Coast-based Scouting team who can successfully identify and evaluate relevant, compelling early-stage companies, then work with State Farm Ventures and other internal stakeholders across our organization to refer the most promising of these companies. This is a fast-paced, strategic role that involves working with many cutting-edge startups, VC firms, accelerators, and the broader start-up ecosystem.

A Day In The Life Of A Scouting Manager

The East Coast-based Scouting Manager is responsible for identifying and working with a network of exciting startups, top-tier established organizations, as well as venture capitalists, incubators/accelerators, and premier educational institutions to identify emerging technologies, products, services, and solutions for State Farm and our customers.

Qualifications
This role takes a collaborative partner to build a network of East Coast startups, top-tier established organizations, VCs, incubators, accelerators, and premier educational institutions to identify emerging tech, products, services, and solutions. Competitive candidates possess:

Three plus years of experience working with startups.
Possess strong technology-based acumen including both in-depth and breadth tech background weighted toward AI/ML, mobile, APIs, cyber security, IoT,and data analytics.
Broad business understanding across a range of industries. Working knowledge of the insurance industry is a plus.
Strong associative thinking skills. (i.e., able to "connect the dots" for myriad implications associated with new tech, products, solutions, etc.)
Demonstrated learning agility and curiosity.
Excellent strategic and critical thinking abilities.
Proven track record of effectively collaborating and influencing across organizations.

Preferred Qualifications:

Good working knowledge of State Farm's core business lines, distribution models, strategies, and operational challenges
Three plus years of large scale enterprise experience
Able to effectively represent State Farm with entrepreneurs, senior executives, venture capitalists, and other external stakeholders.
Experience speaking to large groups and participating in industry panels for large audiences.
Comfortable utilizing leadership courage to challenge the status quo when appropriate.

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: $130,000 - $220,000. Starting salary will be based on skills, background, experience, and location. High end of the range limited to applicants with significant relevant experience living in high cost of labor areas.
Potential yearly incentive pay up to 18% 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!

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