Overview: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:Join the State Farm intern team to gain real-world experience in finance, financial planning & analysis, and procurement. We are seeking motivated and driven interns to join our dynamic Financial Operations department for an exciting internship experience. Individuals selected for the internship will get the opportunity to work on a variety of projects and collaborate across multiple teams in Financial Operations while gaining impactful hands-on learning opportunities at a Fortune 50 company!As a Mutual company, we are focused on our customers at the heart of every decision. Our Financial Operations team plays a critical role in driving strategic decisions and ensuring we continue to be there for more people, in more ways, forever.While developing your professional talents by completing challenging work assignments during the internship, you will be generating and influencing business results. You'll have the opportunity to participate in events learning about the insurance business, State Farm, various business functions, and more as you develop throughout the summer. You'll also benefit from our strong mentoring focus through mentoring with executive leadership, intern alumni, and more!Duties and Responsibilities:During the internship, you will work on a wide range of projects across multiple teams, gaining exposure to different areas of our Financial Operations team.You may have the opportunity to:
Analyze financial and operational data and contribute to strategic decision-making processes
Review and improve financial operations processes and procedures
Collaborate with cross-functional teams, including those specializing in a variety of financial, accounting, data analytics, mathematics, money movement, operations, enterprise technology, procurement, and business strategy disciplines
Develop forecasting models, perform cost/benefit analyses, and evaluate business performance measures
Create impactful visualizations using tools such as Power BI and Excel, and participate in the storytelling
Perform statistical analyses to uncover patterns, correlations, and insights within financial and operational datasets
Assist with sourcing strategies, supplier evaluation, contract & spend analysis, and procurement process improvements
Interpret and verify compliance with external reporting requirements and evaluate process implications of industry updates
Analyze, document, and recommend updates and changes to reporting and process flows
Develop models and forecasting tools to solve business problems and anticipate market trends
Present business insights and recommendations to leadership
Intern work topics may include:
Competitor and industry trend analysis
Creating visualizations using Power BI and other platforms
Cost/benefit analysis
Implementing process enhancements
Enterprise planning and budget analysis
Performance and operational analysis
Financial results reporting and forecasting
Claims and underwriting analytics
Organizational incentives and measurements
Market research
Pricing and spend analysis
Contract drafting and redlining
Summer Internship Dates: 6/1/2026 -8/1/2026Hours: Monday-Friday, 38.75 hours per weekDue to the short duration of the summer program, it is an expectation that hired interns will be available for the duration of the summer internship with little to no disruption in work schedule.Pay: $28.00/hr. In addition, interns selected for our summer internship program will be eligible for a $2,000 stipend!Work Arrangement: Selected interns should plan to spend time working from home and some time working in the office as part of our hybrid work environment. Please note that relocation benefits will not apply.
Hub Location(s): Bloomington, IL; Dunwoody, GA; Richardson, TX; Tempe, AZ
Qualifications:Preferred Qualifications and Skills:
Minimum GPA of 3.5 out of 4.0 (overall and in major)
Pursuing degree in Finance, Business Analytics, Statistics, Mathematics, Economics, Supply Chain Management (including sustainability programs), or a related field(s)
Must be enrolled in at least one course through the completion of the internship and preferred completion of degree pathway and employment eligible within one year of the internship
Proficient in Microsoft Excel and PowerPoint, including advanced formulas and automation techniques
Experience in data visualization, including tools like Power BI
Strong written and verbal communication
Learning agility and adaptability to work across multiple teams
Teamwork
Critical thinking and analytical problem solving
Initiative and curious mindset Our Benefits:
We are excited to offer our interns a tailored set of benefits with a range of valuable perks to help support you during your time with us!Time Off