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Innovation/Scouting Manager
Innovation/Scouting Manager-May 2024
Boston
May 2, 2025
ABOUT STATE FARM
State Farm helps customers protect the things that matter most to them.
10,000+ employees
Financial Services, Insurance
VIEW COMPANY PROFILE >>
About Innovation/Scouting Manager

  Overview

  We are not just offering a job but a meaningful career! Come join our passionate team!

  As a Fortune 50 company, we hire the best employees to serve our customers, making us a leader in the insurance and financial services industry. State Farm embraces diversity and inclusion to ensure a workforce that is engaged, builds on the strengths and talents of all associates, and creates a Good Neighbor culture.

  We offer competitive benefits and pay with the potential for an annual financial award based on both individual and enterprise performance. Our employees have an opportunity to participate in volunteer events within the community and engage in a learning culture. We offer programs to assist with tuition reimbursement, professional designations, employee development, wellness initiatives, and more!

  Visit our Careers page for more information on our benefits, locations and the process of joining the State Farm team!

  Location: The selected candidate will reside in and work remotely from: NYC, CT, Boston, MA or the surrounding areas.

  Responsibilities

  State Farm Insurance is seeking a Scouting Manager for our Green-Field 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.

  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 both in-depth and breadth, tech background weighted toward mobile, APIs, AI/ML, cyber security, IoT, data analytics, blockchain, and edge computing.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 challengesThree plus years of large scale enterprise experienceAble 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.Working at State Farm:

  Competitive Benefits, Pay and Bonus Potential: Who doesn't want money, right?Volunteer opportunities: Get involved and give back to the community!Tuition Reimbursement: We support opportunities for you to learn and grow!A Learning Culture: Mentoring, Professional Designations, Employee Development, and more!401k Savings PlanWe embrace diversity and Inclusion: We are one team, and it is simply the right thing to do!What You Can Expect:

  Next Steps: Competitive candidates may be invited to participate in the interview process. This is where the excitement begins!

  Sponsorship: 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.

  For NYC, and CT candidates:

  Potential salary range: $120,000-$250,000

  Potential yearly incentive pay: up to 16% of base salary

  FARM

  LI-AG

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