As a State Farm intern, you will have the opportunity to collaborate with experienced professionals, contribute to meaningful projects, and make a real impact. Our internship program provides students with valuable training, mentorship, and networking opportunities while being fully immersed in the day-to-day operations of a Fortune 50 company. At State Farm, we believe our interns are the future of our company, and we are committed to helping you succeed!
Grow Your Skills, Grow Your Potential
Responsibilities
A Day In The Life Of An Intern – P&C Actuarial
State Farm’s P&C Actuarial Department is a place where interns complete innovative and meaningful project work in a collaborative environment focused on developing technical and business skills - a perfect complement to the classroom. Interns provide analysis and solutions through:
Assessment of risk and financial needs for insurance products
Development of innovative methods and applications to enhance insurance product pricing
Data mining and predictive modeling such as regression, forecasting, and machine learning
Research on emerging industry trends and hot topics
Development through extensive training programs, mentoring programs, and leadership opportunities as well as competitive compensation/benefits such as actuarial exam raises
Qualifications
We Are Looking for College Students With:
Majors in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields
Successful completion of at least one Society of Actuaries or Casualty Actuarial Society actuarial exam
GPA of 3.5 or higher preferred; GPA of 3.25 minimum (unofficial transcripts required with application)
Experience with data and statistical analysis in Excel, SQL, R, and/or Python
Intention to earn the ACAS/FCAS designation
Strong communication, interpersonal, organization, problem-solving, and critical thinking skills
As the summer program has a short duration, it is expected that hired interns will be available throughout the entire summer internship with minimal to no disruptions in their work schedule.
Pay: $30/hour (+ an additional dollar per hour for each Actuarial exam passed).
In addition, interns selected for our summer internship program will be eligible for a $2,000 stipend!
Work Arrangement: Hybrid - In this position, you should plan to spend time working in the office a minimum of 2 days per week. Associates are expected to be able to travel to and from your assigned office location as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Selected interns must reside within the continental U.S. for the duration of the summer internship. Your leadership will share additional information regarding your department’s approach and what it means for you.
Hub Location(s): Bloomington, IL
Internship Program Eligibility: To be eligible for the summer internship program, you must be a full-time student currently enrolled in an undergraduate or post-graduate program throughout the duration of the internship.
Additional Details:
This opportunity is for current college students who have the following:
At least one semester of college remaining after the summer of 2026.
The desire to work for State Farm upon graduation.
Are 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.
IMPORTANT:The following must be attached at the time of application (please attach both of the following as one combined single document and upload during the application process):
Resume
Transcripts (unofficial copy accepted)
What’s In It For You
Real-world actuarial experience with meaningful impact
Competitive pay and financial incentives for actuarial exam completion
Opportunities to work with cutting edge technologies and business models
A Learning Culture that includes mentoring and training
A company that embraces Diversity and Inclusion: We are one team and it is simply the right thing to do!
***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.***
About the company
State Farm
Company overview
State Farm is a U.S.-focused insurance and financial services group best known for auto and home insurance, alongside life, health, and related financial products. The company sells largely through a nationwide network of independent contractor agents, supported by large corporate teams in claims, underwriting, technology, analytics, customer operations, and investment functions. State Farm also runs major catastrophe and claims operations that scale up during severe weather events and other large loss periods. The company is headquartered in Bloomington, Illinois.
Locations and presence
State Farm’s corporate headquarters address is One State Farm Plaza in Bloomington, Illinois. Many corporate roles operate from hub locations such as Bloomington (IL), Richardson (TX), Tempe (AZ), and Dunwoody (GA), and company reporting shows a workforce mix that leans heavily hybrid and remote rather than fully in-office.
Palpable Score
71.6
/ 100
State Farm offers meaningful early-career entry points through recurring internships and at least one structured graduate pipeline (MAGNet) that pairs real work with funded education. The hiring process has some published structure and common assessment steps, but public candidate experiences still point to inconsistent timelines and closure. Learning benefits and development support are a standout, while early-career outcomes are visible through select pipelines and stories rather than published cohort metrics.
