Scouting Manager

Location US-CA-Los Altos Job Category Corporate and Business Development Position Type Regular Full Time Req ID 42504 Overview The future has never looked brighter at State Farm! We're focused on meeting more customer needs in modern, innovative ways as a major InsurTech stakeholder. If you are an immensely passionate and future focused individual that enjoys exploring the possibilities of infusing disruptive and emerging opportunities in the ways in which we help live out the State Farm mission to our customers, please apply! HYBRID : Qualified candidates residing within a 180-mile radius of Los Altos, CA will be classified as a Hybrid employee. In a hybrid work arrangement, you will be able to work remotely, with in-person expectations (once per week, may change as business needs evolve in future ). 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 Silicon Valley-based Scouting team. 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 is a fast-paced, strategic role that involves working with many cutting-edge startups, VC firms, accelerators, and the broader start-up ecosystem. Qualifications A Day In The Life Of A Scouting Manager : The Silicon Valley-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 Necessary Qualifications : Tech background helpful; both depth and breadth, weighted toward mobile, APIs, AI / ML, cyber security, IoT, data analytics, blockchain, and edge computing. (3 years working with startups). Good working knowledge of State Farm's core business lines, distribution models, strategies, and operational challenges. (3 years working at large organizations). Broad business acumen 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 of implications associated with new tech, products, solutions, etc.) Able to effectively translate complex technological concepts into clear, accessible language for business partners. Experience speaking to large groups and / or participating in industry panels for large audiences. Preferred skills : Able to effectively represent State Farm with entrepreneurs, senior executives, venture capitalists, and other external stakeholders. Comfortable utilizing leadership courage to challenge the status quo when appropriate. Demonstrated learning agility and curiosity. Excellent strategic and critical thinking abilities Proven track record of effectively collaborating and influencing across organizations. 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, and experience. High end of the range limited to applicants with significant relevant experience and certain geographical locations. 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! PI279278513